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• Καραγκούνη, Γλυκερία
• Καλέση, Μαρία

The objective of this paper is to explore the existence of dynamic capabilities in knowledge intensive low tech sector. Building on qualitative data from the food industry, analysis revealed that low tech companies that invest and build their strategy on knowledge intensiveness and innovation, develop relatively strong dynamic capabilities in all three areas (sensing, seizing and reconfiguration) in order to gain competitive advantages on either the market or the technology dimension, usually resulting in niche creation, adding value and surpassing price competition which is rather fierce in the today's globalized ecosystem. The study therefore provides both an empirical contribution to the emerging work on dynamic capabilities penetrating the barriers and proving the existence, role and nature of dynamic capabilities in the low tech sector on the condition of knowledge intensiveness, and by shaping a start for new theory grounding on the existence and role of dynamic capabilities in the area of low technology in general.

• Economics and Business

• Knowledge economy
• Industries
• Business management
• Economic development

knowledge intensive entrepreneurship, dynamic capabilities, low tech, food sector, case study

Περιέχει πίνακες και βιβλιογραφία, JEL Classification Codes: L26 - EntrepreneurshipL66 - Food; Beverages; Cosmetics; Tobacco; Wine and Spirits