Identifying the Skills of the Management Team in the Development of Dynamic Capabilities in New Ventures (Case Study: IT Businesses)

Document Type : Research Article

Authors

1 Department of New Venture Creation, Faculty of Entrepreneurship, University of Tehran, Tehran, Iran

2 Department of New Venture Creation, Faculty of Entrepreneurship, University of Tehran, Iran

3 Department of Entrepreneurship, Faculty of Management and Accounting, University of Sistan and Baluchestan, Iran

4 Department of Management and Accounting, College of Farabi, University of Tehran, Iran

Abstract

The purpose of this study is to identify the skills of the management team in developing dynamic capabilities in new ventures. The methodology used is a qualitative multiple-case study analysis. Data were collected through the study of documentary sources and semi-structured interviews, with 15 managers in the field of information technology in Tehran, through targeted sampling. In the open coding stage, 84 open codes were identified from the analysis of the interviews, and after refining and merging similar codes, 17 codes were finalized. Based on the results, four management skills were identified in the development of dynamic capabilities in new ventures. These skills include cognitive, human, technical and effectuation skills that lead to the development of dynamic capabilities and improve the company's performance. These results provide valuable insights for managers and entrepreneurs on how to create and develop dynamic capabilities in new ventures.

Keywords

Main Subjects

References

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Organizational Culture Management
Volume 22, Issue 4
January 2025
Pages 399-411

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