Creating Future Capabilities - Scenario Process in Inter- Industrial Knowledge Networks

It is well known that the dynamics in business are changing. Companies need to be aware of changes in their business environment, have an ability to recognize and exploit opportunities through their rare and distinctive resources and capabilities. This depends on their dynamic ability to reinvent their capabilities, business models, and strategies as circumstances ongoing change. This paper studies the framework for sustaining the renewal of core capabilities in an interorganizational context. Firstly, the dynamic capability view is introduced. Secondly, we examine organizational knowledge creation through communication and learning and explain the basis of future-oriented knowledge. Finally, we present the scenario process to facilitate and manage knowledge creation in an inter-industrial knowledge network case.