Identifying and Exploiting the Inter relationships between Technological and Marketing Capabilities

Janez Prašnikar, Monika Lisjak, Adriana Rejc Buhovac, Mateja Štembergar

Research output: Contribution to journalArticle

24 Citations (Scopus)

Abstract

This paper deals with a fundamental challenge for decision makers - how to identify which firm capabilities to develop and which ones are no longer important in order to gain and sustain a competitive advantage. We propose an approach that measures technological and marketing capabilities in an integrated fashion, identifies core capabilities, explores their interrelationships and provides guidance for a dynamic technological and marketing strategy. The proposed methodology is illustrated by and applied to the case of Gorenje, a European manufacturer of household appliances, which faces the challenge of reconfiguring its existing capabilities to (re)gain a competitive advantage. The case study identifies two capabilities that integrate research and development with marketing and thereby create additional value. We show how to identify the integrative capabilities and how this integration takes place in Gorenje, while suggesting that Gorenje's strategy should be based on the co-ordinated development of the key core capabilities we identified.

Original languageEnglish (US)
Pages (from-to)530-554
Number of pages25
JournalLong Range Planning
Volume41
Issue number5
DOIs
StatePublished - Oct 2008
Externally publishedYes

Fingerprint

marketing
research and development
decision maker
firm
methodology
Technological capability
Interrelationship
Marketing capabilities
Values
Competitive advantage
decision
household

ASJC Scopus subject areas

  • Strategy and Management
  • Finance
  • Geography, Planning and Development

Cite this

Identifying and Exploiting the Inter relationships between Technological and Marketing Capabilities. / Prašnikar, Janez; Lisjak, Monika; Buhovac, Adriana Rejc; Štembergar, Mateja.

In: Long Range Planning, Vol. 41, No. 5, 10.2008, p. 530-554.

Research output: Contribution to journalArticle

Prašnikar, Janez ; Lisjak, Monika ; Buhovac, Adriana Rejc ; Štembergar, Mateja. / Identifying and Exploiting the Inter relationships between Technological and Marketing Capabilities. In: Long Range Planning. 2008 ; Vol. 41, No. 5. pp. 530-554.
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