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Dynamic capabilities and sustained innovation: strategic control and financial commitment at Rolls Royce

journal contribution
posted on 2023-06-07, 19:20 authored by William Lazonick, Andrea Prencipe
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History

Publication status

  • Published

Journal

Industrial and Corporate Change

ISSN

0960-6491

External DOI

Issue

3

Volume

14

Page range

501-542

Pages

42.0

Department affiliated with

  • SPRU - Science Policy Research Unit Publications

Notes

This paper blends the previous work of Prof Lazonick on the innovative enterprise ¿ which introduced the three necessary social conditions of strategic control, financial commitment and organisational integration ¿ and that of Dr Prencipe on Rolls-Royce plc and its technological capabilities, in a new co-developed approach that draws on Teece¿s emerging work on `dynamic capabilities¿. The approach shows that Rolls-Royce has maintained its strong international position despite early setbacks and the general weakness of British high-tech manufacturing, and why this has happened.

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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