• Media type: E-Article
  • Title: Complex problem solving as a source of competitive advantage
  • Contributor: Veíssimo, Catarina [Author]; Pereira, Leandro [Author]; Fernandes, António [Author]; Martinho, Raquel [Author]
  • Published: 2024
  • Published in: Journal of open innovation ; 10(2024), 2 vom: Juni, Artikel-ID 100258, Seite 1-23
  • Language: English
  • DOI: 10.1016/j.joitmc.2024.100258
  • Identifier:
  • Keywords: Complex problem solving ; Decision making ; Dynamic capabilities ; Problem-Solving ; Sustainable competitive advantage ; Aufsatz in Zeitschrift
  • Origination:
  • Footnote:
  • Description: This study explores the role of complex problem solving in securing sustainable competitive advantage for organizations. It investigates whether the ability to resolve complex, multidimensional problems contributes to a firm's strategic positioning and operational efficiency. The research employs a qualitative methodology, utilizing interviews with professionals in the consultancy sector to gather insights on the impact of problem-solving skills on organizational performance. Findings indicate that while solving complex problems is valued and contributes to competitive parity, it is not sufficiently rare or inimitable to ensure a sustainable competitive advantage on its own. However, effectively leveraging problem-solving capabilities within organizational strategy and innovation processes can enhance competitiveness. The study contributes to the dynamic capabilities and competitive advantage literature by highlighting the importance of problem-solving skills and suggesting avenues for organizations to harness these capabilities more effectively.
  • Access State: Open Access
  • Rights information: Attribution (CC BY)