A Dynamic Capabilities Model of Innovation in Large Interfirm Projects

Large-scale projects often involve hundreds or even thousands of businesses. There are opportunities for these firms to produce innovations to solve problems and improve the project’s outcomes, but the time-bounded nature of the project and technical interdependencies also constrains innovation. Using quantitative analysis of data from firms in large oil and gas projects, we show that Teece’s sensing, seizing, and reconfiguring model of dynamic...