Article Sidebar

Download
Download Article

Main Article Content

Abstract

This qualitative study investigates the intricate relationship between technological innovation and competitive advantage within contemporary business environments. Employing a qualitative research design, the study conducts a comprehensive review and synthesis of existing literature to explore the underlying mechanisms and contextual factors shaping this relationship. Drawing upon key concepts from the resource-based view (RBV) and dynamic capabilities perspective, the research aims to uncover how firms leverage innovation to create valuable, rare, and difficult-to-imitate resources that confer sustained competitive advantage. The research design includes systematic data collection from scholarly literature encompassing peer-reviewed journal articles, books, conference proceedings, and reports, followed by rigorous data analysis techniques such as thematic analysis. Ethical considerations are paramount throughout the study to ensure the integrity of the research process. The findings highlight the critical role of fostering a culture of innovation, overcoming resistance to change, and navigating regulatory and ethical concerns in leveraging technological innovation for competitive advantage. Key insights include the importance of proactive leadership, organizational commitment, and investment in employee development for cultivating an innovative culture. Additionally, the study underscores the need for agile and adaptive innovation management practices to respond effectively to dynamic market conditions and emerging opportunities. Overall, this research contributes to a deeper understanding of how firms can harness technological innovation to enhance competitiveness and drive long-term growth in today's dynamic business landscape.

Keywords

Technological Innovation Competitive Advantage Qualitative Research Resource-Based View Dynamic Capabilities Perspective

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

How to Cite
Mandung, F., Sahari, S., & Amra, W. . (2025). Understanding How Companies Utilize Technological Innovation for Competitive Advantage: A Qualitative Inquiry . Golden Ratio of Data in Summary, 5(1), 144–154. https://doi.org/10.52970/grdis.v5i1.1069
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Amabile, T. M. (1988). A model of creativity and innovation in organizations. Research in Organizational Behavior, 10, 123–167. https://doi.org/10.1016/0191-3085(88)90007-1
  2. Amabile, T. M. (1997). Motivating creativity in organizations: On doing what you love and loving what you do. California Management Review, 40(1), 39–58. https://doi.org/10.2307/41165921
  3. Amit, R., & Schoemaker, P. J. H. (1993). Strategic assets and organizational rent. Strategic Management Journal, 14(1), 33–46. https://doi.org/10.1002/smj.4250140105
  4. Arora, A., Fosfuri, A., & Gambardella, A. (2016). Markets for technology, knowledge, and ideas. Journal of Economic Literature, 54(3), 832–883. https://doi.org/10.1257/jel.54.3.832
  5. Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120. https://doi.org/10.1177/014920639101700108
  6. Braun, V., & Clarke, V. (2006). Using thematic analysis in psychology. Qualitative Research in Psychology, 3(2), 77–101. https://doi.org/10.1191/1478088706qp063oa
  7. Brey, P. (2012). Anticipatory technology ethics. A. van den Hoven, & J. Weckert (Eds.), Information technology and moral philosophy (pp. 69–97). Cambridge University Press.
  8. Chen, C. J., Huang, J. W., & Hsiao, Y. C. (2010). Knowledge management and innovativeness: The role of organizational climate and structure. International Journal of Manpower, 31(8), 848–870. https://doi.org/10.1108/01437721011089783
  9. Chesbrough, H. (2003). The era of open innovation. MIT Sloan Management Review, 44(3), 35–41.
  10. Chesbrough, H., & Bogers, M. (2014). Explicating open innovation: Clarifying an emerging paradigm for understanding innovation. In H. Chesbrough, W. Vanhaverbeke, & J. West (Eds.), New frontiers in open innovation (pp. 3–28). Oxford University Press.
  11. Christensen, C. M. (1997). The innovator's dilemma: When new technologies cause great firms to fail. Harvard Business Review Press.
  12. Damanpour, F. (2010). An integration of research findings of effects of firm size and market competition on product and process innovations. British Journal of Management, 21(4), 996–1010. https://doi.org/10.1111/j.1467-8551.2009.00643.x
  13. Damanpour, F., & Aravind, D. (2012). Managerial innovation: Conceptions, processes, and antecedents. Management and Organization Review, 8(2), 423–454. https://doi.org/10.1111/j.1740-8784.2011.00236.x
  14. DeGeorge, R. T. (2010). Business ethics. Prentice Hall.
  15. Egan, M. (1998). Technological innovation and business strategy. IEEE Transactions on Engineering Management, 45(1), 109–111. https://doi.org/10.1109/17.654245
  16. Eisenhardt, K. M., & Martin, J. A. (2000). Dynamic capabilities: What are they? Strategic Management Journal, 21(10/11), 1105–1121. https://doi.org/10.1002/1097-0266(200010/11)21:10/11%3C1105::AID-SMJ133%3E3.0.CO;2-E
  17. Ford, J. D., & Ford, L. W. (2009). Decoding resistance to change. Harvard Business Review, 87(4), 99–103.
  18. Gassmann, O., Frankenberger, K., & Csik, M. (2017). The business model navigator: 55 models that will revolutionise your business. Pearson UK.
  19. Grindley, P. (1991). Technology, organization, and competitiveness: Perspectives on industrial and corporate change. OUP Catalogue.
  20. Guest, G., MacQueen, K. M., & Namey, E. E. (2012). Applied thematic analysis. SAGE Publications.
  21. Hagedoorn, J. (2002). Inter-firm R&D partnerships: An overview of major trends and patterns since 1960. Research Policy, 31(4), 477–492. https://doi.org/10.1016/S0048-7333(01)00120-2
  22. Kolk, A. (2016). The social responsibility of international business: From ethics and the environment to CSR and sustainable development. Journal of World Business, 51(1), 23–34. https://doi.org/10.1016/j.jwb.2015.08.010
  23. Laursen, K., & Salter, A. (2006). Open for innovation: The role of openness in explaining innovation performance among U.K. manufacturing firms. Strategic Management Journal, 27(2), 131–150. https://doi.org/10.1002/smj.507
  24. Lindqvist, G. (2000). Product innovation and internationalization. Industry and Innovation, 7(1), 41–57. https://doi.org/10.1080/713670193
  25. Merriam, S. B. (2009). Qualitative research: A guide to design and implementation. Jossey-Bass.
  26. Porter, M. E. (1980). Competitive strategy: Techniques for analyzing industries and competitors. Free Press.
  27. Porter, M. E. (1985). Competitive advantage: Creating and sustaining superior performance. Free Press.
  28. Rogers, E. M. (2003). Diffusion of innovations. Free Press.
  29. Rothaermel, F. T., & Hess, A. M. (2007). Building dynamic capabilities: Innovation-driven industrial development. Long Range Planning, 40(3), 271–290. https://doi.org/10.1016/j.lrp.2007.04.010
  30. Schein, E. H. (2010). Organizational culture and leadership. John Wiley & Sons.
  31. Teece, D. J. (2018). Profiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world. Research Policy, 47(8), 1367–1387. https://doi.org/10.1016/j.respol.2017.10.013
  32. Teece, D. J., Pisano, G., & Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic Management Journal, 18(7), 509–533. https://doi.org/10.1002/(SICI)1097-0266(199708)18:7%3C509::AID-SMJ882%3E3.0.CO;2-Z
  33. Tellis, G. J., Prabhu, J. C., & Chandy, R. K. (2009). Radical innovation across nations: The preeminence of corporate culture. Journal of Marketing, 73(1), 3–23. https://doi.org/10.1509/jmkg.73.1.3
  34. Tushman, M. L., & O'Reilly, C. A. (1996). Ambidextrous organizations: Managing evolutionary and revolutionary change. California Management Review, 38(4), 8–30. https://doi.org/10.2307/41165864
  35. Wanaswa, P. (2017). Strategic impact of technology. In R. K. Jain, P. Wanaswa, & A. Gupta (Eds.), Impact of technology on society (pp. 51–69). Springer.
  36. West, J., & Bogers, M. (2014). Leveraging external sources of innovation: A review of research on open innovation. Journal of Product Innovation Management, 31(4), 814–831. https://doi.org/10.1111/jpim.12125
  37. West, J., & Schön, O. (2020). Digital transformation—10 years after the Minitel: The Minitel legacy, internet adoption, and digital innovation. Telecommunications Policy, 44(2), 101878. https://doi.org/10.1016/j.telpol.2019.101878
  38. Winter, S. G. (2003). Understanding dynamic capabilities. Strategic Management Journal, 24(10), 991–995. https://doi.org/10.1002/smj.318

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.