2023 Volume 14 Issue 2 Pages 1-13
This study aims to examine the actual corporate behavior and capabilities that are the source of the Japanese electronic parts manufacturers’ (JEPMs) competitiveness, which is currently strong.
The strength of JEPMs is comprised primarily of manufacturing and the incremental evolution of technologies and skills cultivated through consistent daily routines. Most of their capabilities can be classified as ordinary capabilities (OCs), and dynamic capabilities (DCs) are difficult to find in a clear form. However, the ability to convert OCs into DCs (or DCs-like capabilities) is what maintains a high level of competitiveness in the global electronics market, which is rapidly evolving. This study aims to reexamine existing theories of DCs using case studies of JEPMs as evidence. Specifically, we would like to evaluate existing DC theories by analyzing how JEPMs respond to market and business environment changes. The author considers that drawing a clear distinction between these two capabilities is difficult, and that there may be gradations between them in reality. This study proposes the concept of synchro capability, which is the capacity to adapt to the environment as a bridge between these two types of capabilities. Based on actual corporate activities and case studies, this study examines how JEPMs develop a high level of competitiveness and adaptability to changes in the business and market environment.
