Authors : Ibiba Ambie Georgewill; Obibhunun, Lucky

Volume/Issue : Volume 9 - 2024, Issue 11 - November

Google Scholar : https://tinyurl.com/2s453wz3

Scribd : https://tinyurl.com/mvmrka4n

DOI : https://doi.org/10.38124/ijisrt/IJISRT24NOV280

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.

Abstract : It is no longer news that organizations had faced serious challenges due to the emergence and rapid development of disruptive technologies. This study explored the relationship between disruptive technology and firm capabilities of oil and gas companies in Port Harcourt, Rivers State Nigeria. The study adopted a survey design, the population of the study is 401, and the sample size was 200 using the sample size formula. The respondents was using the simple random technique. And Pearson Product Moment Correlation technique was used at 0.01 level of significance with the aid of SPSS. Our findings show a positive and significant relationship between dimensions and measures of disruptive technology and organizational capabilities in the companies under investigation. The study showed that there is a correlation between disruptive technology and organizational capabilities in the companies under survey. The researcher concludes that disruptive technology has a positive impact on the organizational capabilities. The researcher recommendations were as follows. The management should adopt cloud services technology to bring flexibility, security to businesses, supporting new investment area of the business and to make the business grow. This will enable the oil and gas companies to rapidly modernize their operating system to lower cost and increase the agility of their management in data storage, backup and complete information accessibility. The oil and gas organizations must invest in security service technology to combats different treats from different quarter and form a collaboration between national security and international security to fostering a safer and more connected business world. Management should ensure they are dynamic in their operations so that they can survive any types of changes that may pose a serious threat to the survival and growth of the organization. Oil and gas companies must furcate the environment and consider which disruptive technology might influence their performance and prepare resources and formulate a strategy that will helps to adjust to the disruptive technology for better performance.

Keywords : Disruptive Technology, Firm Capabilities, Security Technology, Organizational Resources.

References :

1. Altindag, E. Zehir, C. & Acar, A.Z. (2010). Strategic Orientations and Their Effects on Firm     Performance in Turkish Family-Owned Firms, Journal Eurasian Business Review, Vol. 1. p. 18 36.
2. Anderson, J., Rainie, L., & Vogels, E. A. (2021). Experts say the 'new normal in 2025 will be far more tech-driven, presenting more big challenges. Retrieved from PEW:
3. Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120.
4. Christensen, C. M. (2013). The innovator's dilemma: when new technologies cause great firms to          fail. Harvard Business Review Press.
5. Cowan Schwartz, R. (1983) More Work for Mother: The Ironies of Household Technology from the     Open Hearth to the Microwave, New York: Basic Books.
6. Dolgui, A., & Ivanov, D. (2020). Exploring supply chain structural dynamics: New disruptive technologies and disruption risks. International journal of production economics, 229, 107886.
7. Eisenhardt, K., & Martin, J. (2000). Dynamic capabilities: What are they? Strategic Management Journal, 21(10-11), 1105-1121.
8. Eisenstein, E. (1979) the printing press as an agent of change communications and cultural transformations in early modern Europe, Cambridge: Cambridge University Press.
9. Grant, R.M. (1991). The Resource Based Theory of Competitive Advantage: Implications for Strategy Formulation. California Management Review, 33(3), 114-135.
10. Helfat, C.E., & Peteraf, M. (20 03). The Dynamic Resource-Based View: Capability Lifecycles. Strategic Management Journal, 24, 997–1010.
11. Kurpjuweit, S., Schmidt, C. G., Klöckner, M., & Wagner, S. M. (2021). Blockchain in additive manufacturing and its impact on supply chains. Journal of Business Logistics, 42(1), 46-                70.
12. Martínez-Vergara, S. J., & Valls-Pasola, J. (2020). Clarifying the disruptive innovation puzzle: a critical review. European Journal of Innovation Management.
13. Mouha, R.A. (2021) Internet of Things (IoT). Journal of Data Analysis and Information Processing, 9, 77-101. https://doi.org/10.4236/jdaip.2021.92006
14. Norman, D. (1990) the Design of Everyday Things, New York: Doubleday.
15. Obibhunun. L and A.I. Georgewill, (2024) “Infrastructural Deficit and Small-Scale Business Performance in South-South, Nigeria”, IJRESM, 7(7) 58–65
16. Paladino, A., 2009. Financial Champions and Masters of Innovation: Analyzing the Effects of             Balancing Strategic Orientations. Journal of Product Innovation Management, 26(6), pp. 616-626.
17. Rossi, M., Festa, G., Devalle, A., & Mueller, J. (2020). When corporations get disruptive, the disruptive get corporate: Financing disruptive technologies through corporate venture capital. Journal of Business Research, 118, 378-388.
18. Amit, R., & Schoemaker P.J.H. (1993). Strategic assets and organizational Rent. Strategic      Management Journal,14, 33–46
19. Satalkina, L., & Steiner, G. (2020). Digital entrepreneurship and its role in innovation systems: A systematic literature review as a basis for future research avenues for sustainable              transitions. Sustainability, 12(7), 2764.
20. Teece, D. J. (2007). Explicating dynamic capabilities: the nature and micro foundations of (sustainable) enterprise performance. Strategic Management Journal, 28, 1319–1350.
21. Teece, D.J., Pisano, G., & Shuen A. (1997). Dynamic Capabilities and Strategic Management. Strategic Management Journal, 18(7), 509-533.
22. Tidd, J., & Bessant, J. R. (2020). Managing innovation: integrating technological, market and             organizational change. John Wiley & Sons.
23. Wernerfelt B, (2014) Employment. Markets, Contracts, and the Scope of the Firm, SSRN       Electronic Journal, 10.2139/ssrn.2364411.
24. White, L. (1962) Medieval Technology & Social Change, Oxford: Oxford University Press.
25. White, L. (1972) “Technology and Social Change”, in Nisbet, R. (ed.) Social Change, Oxford: Basil Blackwell.
26. Zahra, S.A., & George G. (2002). Absorptive Capacity: A Review, Reconceptualization, and Extension. Academy of Management Review, 27(2), 185-203.