Managing Knowledge, Dynamic Capabilities, Innovative Performance, and Creating Sustainable Competitive Advantage in Family Companies: A Case Study of a Family Company in Indonesia

Family businesses often face significant challenges while trying to develop and increase their sustainability throughout generations. This is often due to their inability to properly manage the knowledge required to develop their resources to increase sustainability. Therefore, this study examines t...

Full description

Saved in:
Bibliographic Details
Main Authors: Sugiarto Koentjoro, Sri Gunawan
Format: Article PeerReviewed
Language:English
English
English
Indonesian
Published: Multidisciplinary Digital Publishing Institute (MDPI) 2020
Subjects:
Online Access:https://repository.unair.ac.id/124416/1/1_13_SriGunawan_Artikel_Managing-Knowledge.pdf
https://repository.unair.ac.id/124416/4/1_13_SriGunawan_Similarity_Managing-Knowledge.pdf
https://repository.unair.ac.id/124416/3/1.13_SriGunawan_korespondensi_managing-knowledge.pdf
https://repository.unair.ac.id/124416/2/1_13_SriGunawan_KualitasKaril113.pdf
https://repository.unair.ac.id/124416/
https://www.mdpi.com/2199-8531/6/3/90
https://doi.org/10.3390/joitmc6030090
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Family businesses often face significant challenges while trying to develop and increase their sustainability throughout generations. This is often due to their inability to properly manage the knowledge required to develop their resources to increase sustainability. Therefore, this study examines the relationship between processes of managing knowledge, dynamic capabilities, and innovative performance in an Indonesian family company in order to improve business performance. This is qualitative research with a single case study used to obtain data from nineparticipants in an Indonesian family company (“Ardiles”) that focuses on footwear. The findings showed that a family company that mobilizes knowledge can improve its members’ dynamic capabilities for proper business management and growth. Furthermore, the frequent process of mobilizing knowledge improves family members’ dynamic capabilities to create new ideas. This creative process helps to improve its innovative performance, thereby creating a sustainable competitive advantage among family companies.