Research Article
Linking Dynamic Capabilities and Healthcare Innovations: A Case Study Approach
@INPROCEEDINGS{10.4108/eai.20-4-2018.2276424, author={Saravana Govindasamy}, title={Linking Dynamic Capabilities and Healthcare Innovations: A Case Study Approach}, proceedings={12th EAI International Conference on Pervasive Computing Technologies for Healthcare -- Demos, Posters, Doctoral Colloquium}, publisher={EAI}, proceedings_a={PERVASIVEHEALTH - EAI}, year={2018}, month={8}, keywords={healthcare management dynamic capabilities innovations innovation types strategic management healthcare outcomes}, doi={10.4108/eai.20-4-2018.2276424} }- Saravana Govindasamy
Year: 2018
Linking Dynamic Capabilities and Healthcare Innovations: A Case Study Approach
PERVASIVEHEALTH - EAI
EAI
DOI: 10.4108/eai.20-4-2018.2276424
Abstract
US Healthcare leaders are confronted with a nexus of healthcare forces that is transforming the industry with new models of care delivery and value-based payments. The health ecosystem is changing swiftly from provider centric to patient/customer centric. The changing healthcare market place, transformational new healthcare model and healthcare reform uncertainties requires healthcare organizations to build new capabilities and explore innovative strategies to survive and thrive in these difficult economic times and the volatile healthcare environment. The dynamic capabilities (DC) - a powerful strategic management framework considered most relevant for businesses in highly competitive and volatile sectors can help healthcare organizations win sustainable competitive advantage at the enterprise level by maximizing value for patients: that is, achieving the best outcomes at the lowest cost. This research paper examines the dynamic capability (DC) literature in the context of healthcare industry by exploring the relationships between the dynamic capabilities (learning, coordinating and integrating) with different types of innovations (product, process and structure) and proposes a framework to map the innovation space and operationalize innovation across the continuum of care in the hospitals.