Exploring industry level capabilities in the UK Creative Industries

Article English OPEN
Oliver, John James (2017)

The competitive dynamics of the UK’s Creative Industries has changed considerably over the past decade and perhaps none more so than in the Publishing Industry. There is no doubt that this industry continues to undergo structural changes that compel firms to adapt and transform their business in response to the dynamic nature of competitive environment. Industries have long been examined by researchers from a strategic perspective with various themes of inquiry relating to; industry structure and positioning, industry evolution and development, industry lifecycle, industry change and industry consolidation. This paper argues that ‘industry analysis’ could usefully draw on Dynamic Capabilities Theory which argues for the strategic adaptation and reconfiguration of firm resources and capabilities in order to address a rapidly changing competitive environment. This paper will present empirical findings from a comparative time-series analysis (1997-2014) of the UK Publishing Industry and compare it to other industries categorised within the UK’s Creative Industries. In doing so, this analysis will add to the limited knowledge base on industry level dynamic capabilities and extend our knowledge on inter-industry comparisons in performance following the reconfiguration of industry resources.
  • References (29)
    29 references, page 1 of 3

    Ambrosini, Véronique and Cliff Bowman. "What are dynamic capabilities and are they a useful construct in strategic management?." International journal of management reviews 11, no. 1 (2009): 29-49.

    Coates, Rebecca Nee. "Creative destruction: An exploratory study of how digitally native news nonprofits are innovating online journalism practices." International Journal on Media Management 15, no. 1 (2013): 3-22.

    Danneels, Erwin. "The dynamics of product innovation and firm competences." Strategic management journal 23, no. 12 (2002): 1095-1121.

    Deans, Graeme K., Fritz Kroeger, and Stefan Zeisel. "The consolidation curve." Harvard Business Review, (2002): 20-21.

    De Wit, Bob, and Ron Meyer. Strategy synthesis: Resolving strategy paradoxes to create competitive advantage: Text and readings. Cengage Learning EMEA, 2010.

    Dixon, Sarah, Klaus Meyer, and Marc Day. "Building dynamic capabilities of adaptation and innovation: a study of micro-foundations in a transition economy." Long Range Planning 47, no. 4 (2014): 186-205.

    Doyle, Gillian. Understanding media economics. SAGE Publications Limited, 2013.

    Eisenhardt, Kathleen M., and Jeffrey A. Martin. "Dynamic capabilities: what are they?." Strategic management journal 21, no. 10-11 (2000): 1105-1121.

    Helfat, Constance E., and Margaret A. Peteraf. "Managerial cognitive capabilities and the microfoundations of dynamic capabilities." Strategic Management Journal 36, no. 6 (2015): 831-850.

    Hensmans, Manuel, Gerry Johnson, and George Yip. Strategic transformation: changing while winning. Springer, 2012.

  • Metrics
    views in OpenAIRE
    views in local repository
    downloads in local repository

    The information is available from the following content providers:

    From Number Of Views Number Of Downloads
    Bournemouth University Research Online - IRUS-UK 0 10
Share - Bookmark