Building theory on the negotiation capability of the firm: evidence from Ryanair

Caputo, A, Borbély, A and Dabić, M ORCID logoORCID: https://orcid.org/0000-0001-8374-9719, 2019. Building theory on the negotiation capability of the firm: evidence from Ryanair. Journal of Knowledge Management, 23 (2), pp. 240-262. ISSN 1367-3270

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Abstract

Purpose: In an attempt to build upon existing theory, this paper investigates the potentially reciprocal relationship between negotiation and strategy, and strives to contribute towards a better understanding of the ways in which organizations negotiate.

Design/methodology/approach: Built upon the integration of two different bodies of literature, negotiation and strategy, and on the analysis of the case of Ryanair, this paper argues for an integrated approach to negotiation and organizational capabilities.

Findings: The case study allows for a clearer understanding of how negotiation capability can play a significant role in supporting the creation and sustainment of competitive advantage, even under unfavorable industry settings.

Originality/value: The paper contributes to theoretical development by offering new and insightful explanations of firms’ behavior, moving beyond the classic interpretation of industry dynamics, such as bargaining power. This study has implications for both practice and research, as it offers a better and more holistic understanding of the strategy making process and the foundations of its success.

Item Type: Journal article
Publication Title: Journal of Knowledge Management
Creators: Caputo, A., Borbély, A. and Dabić, M.
Publisher: Emerald
Date: 2019
Volume: 23
Number: 2
ISSN: 1367-3270
Identifiers:
Number
Type
10.1016/bs.pbr.2018.08.007
UNSPECIFIED
Divisions: Schools > Nottingham Business School
Record created by: Linda Sullivan
Date Added: 19 Jun 2018 10:01
Last Modified: 03 Sep 2019 14:41
URI: https://irep.ntu.ac.uk/id/eprint/33868

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