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The Net-Enabled Business Innovation Cycle and the Evolution of Dynamic Capabilities

Department of Management & Electronic Commerce Institute, J. Mack Robinson College of Business, Georgia State University, Atlanta, Georgia 30303
Weinert Center for Entrepreneurship, Department of Management & Human Resources, University of Wisconsin-Madison, 5252 Grainger Hall, 975 University Avenue, Madison, Wisconsin 53706
szahra{at}gsu.edu
ggeorge{at}bus.wisc.edu

Wheeler's Net-Enabled Business Innovation Cycle (NEBIC) integrates IS and strategy research to offer an interesting and timely perspective on value creation. We extend Wheeler's theoretical propositions, highlighting the interplay between strategy, IS, and entrepreneurship in a quest for competitive advantage. This interplay is crucial to the creation of the dynamic capabilities that enable companies to gain an advantage through NEBIC. The importance of opportunity recognition and absorptive capacity in bringing about the changes that make NEBIC viable is also highlighted.

Key Words: Absorptive Capacity; Capabilities; Innovation
History: This paper was received on November 30, 2001.

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