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The dynamic capability framework has been the subject of great concern in the strategy, management and economy ields of work on account of the bearing it has to help understand the way how companies are facing changes in the setting where they work: A core issue within the context of open markets and global economies. Nonetheless, strong controversy has been sprouting up around these subjects, a controversy which should be identiied and solved so as to allow for this framework to be further expanded on as a consolidated theoretical body of thought. A survey is being made in this paper of the main areas of debate, and promissory research lines are being put forwards on the basis of a set of relevant papers being published since 1997, and being selected according with the number of times these papers have been included as footnotes quotes. [ABSTRACT FROM AUTHOR]

A conceptual and theoretical approach is being made in this paper of a tacit dynamic ability being currently dealt with in scientiic literature on the subject of resources and capabilities which have not so far been looked into with due thoroughness: The responsiveness, the ability to face up to opportunities, threats and crises having an exogenous origin. This capability is essential in a competitive world such as today's and, above all, in those countries working within an open economy setting. A survey is thus being conducted in this paper of the particular capabilities making up this ability, such as the setting-addressed surveillance, the way how reactions are being designed and applied. Further on, this paper includes two examples showing the way how some Colombian companies are managing such a capability. [ABSTRACT FROM AUTHOR]

This paper analyzes the determinants of incumbent failure using the game theory. In the suggested schema, an entrant firm decides to confront a monopolist firm by offering second-generation technology. The firm with the monopoly offers first-generation technology so it must decide whether to enter second-generation technology into the market or not. The paper concludes that the share of the existing market and the expected magnitude of the demand that will remain with the older technology are barriers against an established firm deciding to invest in an innovation. The probability that an established firm would invest in such innovation is inverse to the entrant firm's probability of success, to the amount of the investment, and to the magnitude of the profits that the established firm would make with its current product if the entrant company is successful. The article illustrates the theoretical exposition by using the results of introducing mobile cellular telephony in the telecommunications industry in Colombia [ABSTRACT FROM AUTHOR]

The impact online social networks are having nowadays as a marketing tool in the performance of companies is yet to be made clear. Such an impact is being looked into in this paper on the basis of Spanish companies' data. Structural equations being applied to a multi-group are the channel through which an attempt is being made to ind out whether an intensive use of these networks in the marketing ield shall somehow restrain the relationship between dynamic capabilities, market orientation and entrepreneurial orientation, and what is the impact these networks are having on the latter. Survey outcomes show that this intensity somehow makes the relationship between market orientation and performance and entrepreneurial orientation smoother. A strong and determined marketing strategy in social networks could strengthen up these relationships thus enhancing their performance. [ABSTRACT FROM AUTHOR]

The relationship being apparent between dynamic capabilities and knowledge management is being looked into in this paper on the basis of their application to new technology-based companies (NTBC), and bearing in mind issues such as high complexity and fast knowledge generation taking place in a dynamic and uncertain setting. This research has been conducted at the NTBC, located at the Madrid Scientiic Park (MSP) and at the Leganés Technological and Scientiic Park, both of them located in the Madrid Community area in Spain. According to test results, the exploration and exploitation processes, together with organizational ambidexterity, are having a rather meaningful impact on the NTBC's own dynamic capabilities to effectively manage knowledge, both currently available and being generated, allowing these companies to properly adapting themselves to the setting in which they are operating and thus, ensuring that enhanced returns are obtained. [ABSTRACT FROM AUTHOR]

This paper makes an assessment of the Colombian Export Promotion Program (EPP). The process and the results of such a program are considered in the light of the literature on international strategy and exporting culture in developed and developing countries. Literature findings on EPAs and EPPs around the world are complemented by information from two surveys, one applied to a set of 56 firms that took part in the EPP (2002-2004) and the other addressed at a group of consultants hired by program operators to support firms. The information obtained permits the characterization of program participants (firms, entrepreneurs/managers, operators, consultants) and a deep appraisal of the processes and methodologies implemented by the program, as well as the acknowledgement of the participants' perceptions on the expectations and the outcomes reached. Finally, some reflections are made on the accomplishments and shortfalls of the program, a number of firm and program-level proposals for improvement are advanced, and some future research avenues are suggested in order to deepen the discussion on exporting/internationalization culture and its importance for developing and developed economies. [ABSTRACT FROM AUTHOR]

The main objective of this paper is to develop conceptual models of cultural traits, Colombian characteristics, work behavior and processes, to determine the factors that resulted from a qualitative study on supporting attitudes and impeding attitudes regarding creativity in the workplace in certain Colombian companies. Data analysis of the interviewees' statements produced 16 categories, such as ownership, trust building, support, influence management standards, envy / jealousy, and voluntary creativity. Some of these categories were incorporated into the conceptual models. In addition, several of the interviewees explicitly referred to Colombian culture promoting or smothering creativity in the workplace. The authors conclude by saying that it is rare to find structured descriptions that indicate a link between cultural characteristics and forms of thinking, feeling or behaving, which have an effect on issues of administrative importance. These potential explanations suggest that cultural climates influence behavior and, therefore, it is necessary to explore their possible origins. [ABSTRACT FROM AUTHOR]

This paper looks into the degree of progress made in administration research in Colombia in the past ten years, and more specifically from 2000 to 2006. The progress is evaluated using notions from both institutional and resource perspectives, the research groups' analytical capabilities, and indexed administration journals. To establish the development of the research groups, the indicators used were track record and production quantity and quality. For the journals, the indicators were indexing level and ambit. Information was gathered from four databases: the research group database GrupLAC, the national indexed journal database and the database of international journals homologated in the Colombian Publindex, and the Journal Citation Index. Study results for the period under study show that, on one hand, research increased as did the research groups' products in both quantity and quality and the incipience of internationalization was seen. On the other hand, there was but a reduced nucleus of groups who took important steps towards consolidation and there are still few top-quality indexed journals in Colombia. [ABSTRACT FROM AUTHOR]

Small and medium-sized enterprises (SMEs) usually have wide cooperation networks. High levels of cooperation facilitate the acquisition of knowledge by clients, suppliers and competitors. The objective of this paper is to analyze the influence trust, compromise, knowledge, the management team, and the expected benefits have on three levels of cooperation (suppliers, clients and competitors). The results indicate that whilst expected benefits are the key to moving on to further levels of cooperation, trust is needed. Satistical confirmation of the hypothesis was carried-out using a logistical polytomic regression model, and the data came from 88 SMEs in Murcia, Spain. An additional investigation in other regions, to analyze the interrelation of different forms of IT cooperation in SMEs and large enterprises, could help improve the rigor of the results. [ABSTRACT FROM AUTHOR]