Dynamic capabilities and sustained innovation: strategic control and financial commitment at Rolls-Royce plc

摘要: Rolls-Royce plc is currently a powerful competitor in the turbofan engine industry, notwithstanding its own troubled history and relative lack of international success British companies high-technology manufacturing over past halfcentury. This paper seeks to contribute development theory innovative enterprise by analyzing roles strategy finance sustaining innovation process at four decades from mid-1960s. Through an analysis ‘strategic control’ ‘financial commitment’ as conditions different stages Rolls-Royce’s evolution, we adduce evidence that depends part on who strategic managers are how they gain control financial resources.