Knowledge-Based Dynamic Capabilities: A New Perspective for Achieving Global Competitiveness in IT Sector

Abstract

The study aims to posit an edifice to the existing strategic management literature by proposing an alternate view of Knowledge-Based Dynamic Capabilities. The inter-alia suggests that when Knowledge Process Capabilities are leveraged to generate Higher-order Dynamic Capabilities, the resultant Knowledge-Based Dynamic Capabilities have a greater potential to generate competitive advantage for a firm in comparison to employing Knowledge Process Capabilities or Dynamic Capabilities in isolation. The paper makes an attempt to carry out an exhaustive review of literature and to further build upon the existing literature by empirically proving as well as suggesting that organizations need to build both the base level and higher-order capabilities in the pursuit of global competitiveness.

Keywords: Competitive Advantage, Knowledge-Based View, Dynamic Capabilities, Knowledge Process Capabilities