Exploiting managerial capability for innovation in a micro-firm context: New and emerging perspectives within the Irish hotel industry. Issue 1 (6th January 2014)
- Record Type:
- Journal Article
- Title:
- Exploiting managerial capability for innovation in a micro-firm context: New and emerging perspectives within the Irish hotel industry. Issue 1 (6th January 2014)
- Main Title:
- Exploiting managerial capability for innovation in a micro-firm context
- Authors:
- Kearney, Arthur
Harrington, Denis
Kelliher, Felicity - Editors:
- Maura Sheehan, Prof.
- Abstract:
- Abstract : Purpose: – The paper has been developed from a critical review of available literature drawn from the micro firm, managerial capability and innovation management fields. The paper aims to address these issues. Design/methodology/approach: – The paper has been developed from a critical review of available literature drawn from the micro firm, managerial capability and innovation management fields. Findings: – Four criteria of micro firm managerial capability emerge from micro firm managerial traits in the literature namely, leadership; strategic thinking; problem solving and people relationships. The review also shows that micro firms are embedded in three resource pools which include stakeholder ties; the local community and the proximate market environment. Micro firm managerial capability is argued to emerge from the interaction of the managerial capability criteria and the resources in a process mediated by the resource based and dynamic capabilities perspectives from the strategic management literature. Research limitations/implications: – A gap in the academic literature is identified and the proposed theoretical model is presented to address this deficiency in the literature. Future empirical research is recommended. Practical implications: – This proposed model will allow practitioners to better conceptualise and design programmes that will assist companies in developing managerial capabilities to innovate. Deep links between hotel industry practitionersAbstract : Purpose: – The paper has been developed from a critical review of available literature drawn from the micro firm, managerial capability and innovation management fields. The paper aims to address these issues. Design/methodology/approach: – The paper has been developed from a critical review of available literature drawn from the micro firm, managerial capability and innovation management fields. Findings: – Four criteria of micro firm managerial capability emerge from micro firm managerial traits in the literature namely, leadership; strategic thinking; problem solving and people relationships. The review also shows that micro firms are embedded in three resource pools which include stakeholder ties; the local community and the proximate market environment. Micro firm managerial capability is argued to emerge from the interaction of the managerial capability criteria and the resources in a process mediated by the resource based and dynamic capabilities perspectives from the strategic management literature. Research limitations/implications: – A gap in the academic literature is identified and the proposed theoretical model is presented to address this deficiency in the literature. Future empirical research is recommended. Practical implications: – This proposed model will allow practitioners to better conceptualise and design programmes that will assist companies in developing managerial capabilities to innovate. Deep links between hotel industry practitioners and the academic community will enable the effective dissemination of the research. Originality/value: – Hotel micro firms play an important social and economic role. There has been little research into how they innovate and specifically into managerial capability for innovation in context. The present research uses conceptual research to map the field and identify critical avenues for future research. … (more)
- Is Part Of:
- European journal of training and development. Volume 38:Issue 1/2(2014)
- Journal:
- European journal of training and development
- Issue:
- Volume 38:Issue 1/2(2014)
- Issue Display:
- Volume 38, Issue 1/2 (2014)
- Year:
- 2014
- Volume:
- 38
- Issue:
- 1/2
- Issue Sort Value:
- 2014-0038-NaN-0000
- Page Start:
- 95
- Page End:
- 117
- Publication Date:
- 2014-01-06
- Subjects:
- Dynamic capabilities -- Resource based view -- Hotel industry -- Managerial capability for innovation -- Micro firm
Employees -- Training of -- Europe -- Periodicals
Employees -- Training of -- Periodicals
Manpower planning -- Europe -- Periodicals
Manpower planning -- Periodicals
Career development -- Periodicals
331.259205 - Journal URLs:
- http://www.emeraldinsight.com/journals.htm?issn=2046-9012 ↗
http://www.emeraldinsight.com/ ↗ - DOI:
- 10.1108/EJTD-11-2013-0122 ↗
- Languages:
- English
- ISSNs:
- 2046-9012
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 5005.xml