The role of dynamic capabilities for co-creation of value in the context of female entrepreneurship

Authors

DOI:

https://doi.org/10.21527/2237-6453.2024.60.15726

Keywords:

Value co-creation, Dynamic Capabilities, Female Entrepreneurship

Abstract

The objective of this study is to identify how dynamic capabilities contribute to the co-creation of value in women's enterprises. A conceptual model was adapted and applied in the female entrepreneurship environment, through a qualitative approach of semi-structured interviews. From the results, it was discovered that although women entrepreneurs do not intentionally aim to establish a strategy to co-create value with customers, partners and suppliers, this is a fact that occurs naturally according to the demands of everyday life, and that occurs for the social engagement of women in society. Spontaneity favors dynamic capabilities as drivers for the co-creation of value when entrepreneurs are oriented towards learning and aligning objectives. This can help the researched enterprises to sustain themselves amidst the dynamism of the market. On the other hand, the weak organization of dynamic processes prevents the achievement of competitive advantage. Entrepreneurs who know how to transform such resources into a relational strategy will be able to take their ventures to another level in the business environment.

Author Biographies

Flavia Rodrigues Machado Okuyama, Universidade Feevale

Universidade Feevale. Novo Hamburgo/RS, Brasil. http://lattes.cnpq.br/8057945139947175

Serje Schmidt, Universidade Feevale

Universidade Feevale. Novo Hamburgo/RS, Brasil. http://orcid.org/0000-0002-5710-1828

Maria Cristina Bohnenberger, Universidade Feevale

Universidade Feevale. Novo Hamburgo/RS, Brasil. https://orcid.org/0000-0002-4018-1796

References

AKAKA, M. A.; VARGO, S. L.; WIELAND, H. Extending the context of innovation: the co-creation and institutionalization of technology and markets. Innovating in practice: Perspectives and experiences, p. 43-57, 2017.

AUGIER, M.; TEECE, D. J. Strategy as Evolution with Design: The Foundations of Dynamic Capabilities and the Role of Managers in the Economic System. Organization Studies, v. 29, n. 8-9, p. 1187-1208, 2008.

BARDIN, L. Análise de conteúdo. 3. ed. Lisboa, Portugal: Edições 70, 2016.

BOGERS, M. et al. Strategic management of open innovation: A dynamic capabilities perspective. California Management Review, v. 62, n. 1, p. 77-94, 2019.

BUTTNER, E. H.; MOORE, D. P. Women's organizational exodus to entrepreneurship: self-reported motivations and correlates with success. Journal of small business management, v. 35, p. 34-46, 1997.

CARDELLA, G. M.; HERNÁNDEZ-SÁNCHEZ, B. R.; SÁNCHEZ-GARCÍA, J. C. Women entrepreneurship: A systematic review to outline the boundaries of scientific literature. Frontiers in psychology, v. 11, p. 1557, 2020.

DAWA, S. et al. Entrepreneurial competences and growth of female-owned enterprises: the mediation role of absorptive capacity. International Journal of Gender and Entrepreneurship, 2021.

FABRIZIO, C. M. et al. Competitive advantage and dynamic capability in small and medium-sized enterprises: A systematic literature review and future research directions. Review of Managerial Science, v. 16, n. 3, p. 617-648, 2022.

GEM. 2018/2019 Global Report. Global Entrepreneurship Monitor, p.152. 2019 Disponível em:<https://www.gemconsortium.org/report/gem-2018-2019-global-report>.

KIM, M.; SONG, J.; TRICHE, J. Toward an integrated framework for innovation in service: A resource-based view and dynamic capabilities approach. Information Systems Frontiers, v. 17, n. 3, p. 533-546, 2015.

LIU, Y.; ZHAO, X. Successful implementation of value-based selling: a value co-creation and dynamic capabilities perspective. Journal of Business and Industrial Marketing, v. 36, n. 3, p. 372-389, 2020.

MACHADO, H. V. Tendências do comportamento gerencial da mulher empreendedora. In: Anais do. Anais., 1999.

MARQUES, C. et al. The formal-informal dilemma for women micro-entrepreneurs: evidence from Brazil. Journal of Enterprising Communities: People and Places in the Global Economy, v. 14, n. 5, p. 665-685, 2018.

PAYNE, A.; STORBACKA, K.; FROW, P. Managing the co-creation of value. Journal of the Academy of Marketing Science, v. 36, n. 1, p. 83-96, 2008.

PENG, Y.-P.; LIN, K.-H. The effect of global dynamic capabilities on internationalizing SMEs performance: Organizational culture factors as antecedents. Baltic Journal of Management, v. 12, n. 3, p. 307-328, 2017.

PRAHALAD, C. K.; RAMASWAMY, V. Co-creation experiences: The next practice in value creation. Journal of Interactive Marketing, v. 18, n. 3, p. 5-14, 2004.

PREIKSCHAS, M. W. et al. Value co-creation, dynamic capabilities and customer retention in industrial markets. Journal of Business and Industrial Marketing, v. 32, n. 3, p. 409-420, 2017.

RAMASWAMY, V.; OZCAN, K. What is co-creation? An interactional creation framework and its implications for value creation. Journal of Business Research, v. 84, p. 196-205, 2018/03/01/ 2018.

SEBRAE. Características do Empreendedor. Serviço Brasileiro de Apoio às Micro e Pequenas Empresas. 2011 Disponível em:<https://www.sebrae.com.br/sites/PortalSebrae/artigos/entenda-as-diferencas-entre-microempresa-pequena-empresa-e-mei>.

______. Empreendedorismo Feminino como Tendência de Negócios. Serviço Brasileiro de Apoio às Micro e Pequenas Empresas. Salvador, BA. 2019 Disponível em:<https://www.sebrae.com.br/Sebrae/Portal%20Sebrae/UFs/BA/Anexos/Empreendedorismo_feminino_como_tend%C3%AAncia_de_neg%C3%B3cios.pdf.>.

SHAMS, S. M. R.; KAUFMANN, H. R. Entrepreneurial co-creation: a research vision to be materialised. Management Decision, v. 54, n. 6, p. 1250-1268, 2016/07/11 2016.

STORBACKA, K. et al. Actor engagement as a microfoundation for value co-creation. Journal of Business Research, v. 69, n. 8, p. 3008-3017, 2016/08/01/ 2016.

TEECE, D.; LEIH, S. Uncertainty, innovation, and dynamic capabilities: An introduction. California management review, v. 58, n. 4, p. 5-12, 2016.

TEECE, D. J. Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, v. 28, n. 13, p. 1319-1350, 2007.

TEECE, D. J.; PISANO, G.; SHUEN, A. Dynamic Capabilities and Strategic Management. Strategic Management Journal, v. 18, n. 7, p. 509-533, 1997.

VAN RYZIN, G. G. et al. Portrait of the social entrepreneur: Statistical evidence from a US panel. Voluntas: International Journal of Voluntary and Nonprofit Organizations, v. 20, p. 129-140, 2009.

VARGO, S.; LUSCH, R. Service-dominant logic: continuing the evolution. Journal of the Academy of Marketing Science, v. 36, n. 1, p. 1-10, 2008.

VARGO, S. L.; LUSCH, R. F. Evolving to a New Dominant Logic for Marketing. Journal of Marketing, v. 68, n. 1, p. 1-17, 2004.

VARGO, S. L.; LUSCH, R. F. Service-dominant logic 2025. International Journal of Research in Marketing, v. 34, n. 1, p. 46-67, 2017.

WANG, C. L.; AHMED, P. K. Dynamic capabilities: A review and research agenda. International Journal of Management Reviews, v. 9, n. 1, p. 31-51, 2007.

WANG, W. et al. Uncertain environment, dynamic innovation capabilities and innovation strategies: A case study on Qihoo 360. Computers in Human Behavior, v. 95, p. 284-294, 2019.

WILDEN, R. et al. The role of cocreation and dynamic capabilities in service provision and performance: A configurational study. Industrial Marketing Management, v. 78, p. 43-57, 2019/04/01/ 2019.

Published

2024-04-25

How to Cite

Okuyama, F. R. M., Schmidt, S., & Bohnenberger, M. C. (2024). The role of dynamic capabilities for co-creation of value in the context of female entrepreneurship. Desenvolvimento Em Questão, 22(60), e15726. https://doi.org/10.21527/2237-6453.2024.60.15726

Issue

Section

Artigos