Building a commercialization capability: A dynamic capability view

Juan Munoz-Penas, Ann Højbjerg Clarke*, Majbritt Rostgaard Evald

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review

6 Downloads (Pure)

Abstract

Firms live and die by their ability to successfully bring innovations to market, which places commercialization as a key capability. Contemporary research suggests that commercialization is a non-linear process with diverse activities and decisions that coincide and interact with the innovation process. By integrating dynamic capabilities as a theoretical lens, this study aims to enhance the understanding of the processual nature of commercialization. Through a longitudinal case study, we investigate how a firm's dynamic capabilities of sensing, seizing and transforming help build its commercialization capability as it changes its offerings from a consultancy to an eHealth service provider. The study contributes to the literature on commercialization by focusing on the organizational processes that lead to a firm's building of a commercialization capability. Four organizational processes are identified: commercial alertness, market context learning, organizational agility and alignment, and credibility building.

Original languageEnglish
JournalIndustrial Marketing Management
Volume117
Pages (from-to)344-355
ISSN0019-8501
DOIs
Publication statusPublished - Feb 2024

Keywords

  • Commercialization capability
  • Dynamic capability
  • Innovation processes
  • Organizational processes
  • Processual nature of commercialization

Fingerprint

Dive into the research topics of 'Building a commercialization capability: A dynamic capability view'. Together they form a unique fingerprint.

Cite this