AJ86RH5GYM

DRIVING INNOVATION. DETERMINANTS OF PERFORMANCE IN THE FORMULA ONE RACING INDUSTRY

Coordinatore	more  Organization address address: NORTHAMPTON SQUARE city: LONDON postcode: EC1V 0HB contact info Titolo: Dr. Nome: Claudia Cognome: Kalay Email: send email Telefono: +44 20 70403038
Nazionalità Coordinatore	Non specificata
Totale costo	20 €
EC contributo	0 €
Programma	FP7-PEOPLE Specific programme "People" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013)
Anno di inizio	2012
Periodo (anno-mese-giorno)	2012-07-15   -   2014-07-14

 Partecipanti

#	participant	country	role	EC contrib. [€]
1	THE CITY UNIVERSITY  Organization address address: NORTHAMPTON SQUARE city: LONDON postcode: EC1V 0HB contact info Titolo: Dr. Nome: Claudia Cognome: Kalay Email: send email Telefono: +44 20 70403038	UK (LONDON)	coordinator	200˙371.80

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 Obiettivo del progetto (Objective)

'How do firms and teams outperform competitors in highly regulated environments? Despite the considerable amount of research aimed at explaining the nature of firms’ competitive advantage, scholarship has not reached a shared interpretation about the drivers of success for business organizations. This divergence of opinions has two major reasons. First, scholars have not sufficiently considered the impact of external and environmental constraints on management, and thus performance. Among the several external constraints that organizations face, external regulations constantly influence organizations’ activities, and thus their outcomes. Consequently, firms that learn how to adapt to continuous environmental changes and constraints increase their likelihood of survival and success. Second, scholars tend to concentrate their analysis on one single determinant at a time, such as the effect of firm resources, technological innovation, management team composition, or strategic relations. Although scholars agree that firms reach success because they develop inimitable dynamic capabilities, a multilevel concept, few studies tackle more than one aspect at a time. Within highly regulated environments, no study has thus far compared the magnitude of all the major sources of competitive advantage, deriving from the diverse levels of dynamic capabilities. It is critically important for the future of management science to advance a general theory about competitiveness in dynamic, yet highly regulated environments, which compares the impact of different sources of competitive advantage. By studying the Formula One industry, a highly regulated industry at the core of the European automotive sector, this work will respond to a fundamental but still unanswered research question in management literature.'