A Semi-Formalization of the Dynamic Capability View

2018 ◽  
Author(s):  
Ralf Wilden ◽  
Timothy M. Devinney ◽  
Nidthida Lin
Keyword(s):  
Dynamic Capabilities ◽  
Dynamic Capability ◽  
Market Demand ◽  
Resource Base ◽  
Structured Model ◽  
The Core ◽  
Theoretical Status ◽  
Core Components ◽  
The Relationship ◽  
Core Construct

Some management scholars doubt the value of the dynamic capability view when compared to existing theories. The concern expressed is often related to unclear definitions of the core construct and the relationship among the components that make up that construct. The end result is potentially confused and conflicting interpretations of empirical findings and non-commensurate measurement. One solution is to formalize core components of the theory at hand. The purpose of this paper is not to discuss or argue for (or against) the theoretical status of the dynamic capability view, but to provide a simple, yet insightful, structured model of its core components. Specifically, this paper takes as its basis the perspective of dynamic capabilities as comprising the sensing, seizing, and reconfiguring processes that are deployed to create a resource base aimed at satisfying evolving market demand; it presents a simple but formal way of characterizing its components.

Dynamic capabilities vs. innovation capability: are they related?

2014 ◽  
Vol 21 (3) ◽  
pp. 368-384 ◽  
Author(s):  
Lidija Breznik ◽  
Robert D. Hisrich
Keyword(s):  
Literature Review ◽  
Design Methodology ◽  
Dynamic Capabilities ◽  
Dynamic Capability ◽  
Future Research ◽  
Innovation Capability ◽  
New Approach ◽  
Content Type ◽  
New Research ◽  
The Relationship

Purpose – The purpose of this paper is to provide insights into the relationship between dynamic capabilities and innovation capabilities. It links dynamic capability with innovation capability and indicates the ways they can be related. Design/methodology/approach – The relationships between dynamic and innovation capability were investigated through a systematic literature review. Findings – The review indicates that common characteristics exist between of the both fields, which demonstrate six relationships. Additionally, findings show some inconsistencies and even contradictions. Originality/value – In this paper, the authors have compared dynamic capabilities, a relatively new approach in the field of strategic management, with innovation capabilities, a widely recognised crucial domain for sustained competitiveness. Since both areas address issues that are essential to today's environment, future research should seek to clarify both concepts, by undertaking some new research and developing comprehensive and unambiguous framework.

scholarly journals Dynamic capability of the firm: analysis of the impact of internationalisation on SME performance in an emerging economy

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mahfuzur Rahman ◽  
Dieu Hack-Polay ◽  
Sujana Shafique ◽  
Paul Agu Igwe
Keyword(s):  
Firm Performance ◽  
Emerging Economies ◽  
Dynamic Capabilities ◽  
Emerging Economy ◽  
Two Dimensions ◽  
Dynamic Capability ◽  
Content Type ◽  
Market Expansion ◽  
The Impact ◽  
The Relationship

PurposeInternationalisation is considered as a key strategy for the growth of Small and Medium Enterprises (SMEs). The purpose of this paper is to examine the relationship between dynamic capability, SMEs internationalisation and firm performance in the context of emerging economies and to evaluate the impact of financial, asset and market expansion on internationalisation of SMEs.Design/methodology/approachUsing primary data from 212 SMEs from Bangladesh, structural equation modelling and mathematical (hierarchical reflective) model, the analysis enabled the measurement of the casual relationship on the impacts of internationalisation.FindingsThe results revealed that internationalisation of SMEs has significant impact on both financial and non-financial performance of SMEs in an emerging economy- Bangladesh. The paper found internationalisation impacts on two dimensions (financial and non-financial) with eight defined indicators – higher sales, higher profit, assets maximisation, market expansion, competitive advantage, better reputation, better customer service and added knowledge.Originality/valueDespite several studies that examine the relationship between SME internationalisation and firm performance, limited research exists on emerging economies. This is contrary to the fact that SMEs are one of the main vehicles for growth in those economies such as Bangladesh. In this research, the authors use the theories of dynamic capabilities to conceptualise how internationalisation becomes a core SME capability for SMEs in an emerging economy.

The Role of Dynamic Capabilities as Influencers of Organizational Intelligence

2019 ◽  
pp. 138-149
Author(s):  
Gleison Lopes Fonseca ◽  
Pedro Fernandes Anunciação ◽  
Antonio Juan Briones Penalver
Keyword(s):  
Dynamic Capabilities ◽  
Dynamic Capability ◽  
Competitive Advantages ◽  
Sustainable Competitive Advantage ◽  
Organizational Intelligence ◽  
Internal Resources ◽  
Dynamic Markets ◽  
Ultimate Objective ◽  
The Relationship

Dynamic markets have made it extremely difficult for firms to sustain their competitive advantages. Adapting with the reconfiguration of its internal resources has become essential for the survival of firms. In the midst of these changes in the market, the concepts of Dynamic Capability (DC) and Organizational Intelligence (OI) arise, theories that, despite their different approaches to the use of firms' resources, have as their ultimate objective the creation and maintenance of a sustainable competitive advantage. So, in order to better understand the influence of these theories on the activities of firms, this chapter approaches the relationship between both theories, analyzing their common points, and the way DC influence OI.

scholarly journals Dynamic supply chain capabilities

2018 ◽  
Vol 38 (12) ◽  
pp. 2266-2285 ◽  
Author(s):  
Haris Aslam ◽  
Constantin Blome ◽  
Samuel Roscoe ◽  
Tashfeen M. Azhar
Keyword(s):  
Supply Chain ◽  
Structural Equation ◽  
Design Methodology ◽  
Dynamic Capabilities ◽  
Equation Model ◽  
Dynamic Capability ◽  
Content Type ◽  
Supply Chain Agility ◽  
Light Supply ◽  
The Relationship

Purpose This paper positions market sensing, supply chain agility and supply chain adaptability as a coherent cluster of dynamic supply chain capabilities. The purpose of this paper is to understand how dynamic supply chain capabilities interrelate and their effect on supply chain ambidexterity. Design/methodology/approach Based on a survey of Pakistani manufacturing firms, a theoretically-derived model was tested in a structural equation model. Findings The results of the study show that a market-sensing capability is an antecedent of supply chain agility and supply chain adaptability. Furthermore, supply chain agility, directly, and supply chain adaptability, indirectly, affect supply chain ambidexterity. Supply chain agility, therefore, mediates the relationship between supply chain adaptability and supply chain ambidexterity. Originality/value The contribution of this study lies in: first, identifying dynamic capability clusters relevant for achieving supply chain ambidexterity; second, evaluating performance implications of dynamic capabilities in the supply chain, specifically supply chain agility and adaptability; and third, proposing a unique measurement of supply chain ambidexterity in the light supply chain theory, and empirically evaluating the relationship between dynamic capabilities and supply chain ambidexterity.

Dynamic Capabilities for Competitive Advantage

Paradigm ◽  
2017 ◽  
Vol 21 (1) ◽  
pp. 31-51 ◽  
Author(s):  
Vaneet Kaur ◽  
Versha Mehta
Keyword(s):  
Strategic Management ◽  
Competitive Advantage ◽  
Multinational Corporations ◽  
Multinational Firms ◽  
Dynamic Capabilities ◽  
Focal Point ◽  
Developed Countries ◽  
Dynamic Capability ◽  
Indian Origin ◽  
The Relationship

Though the dynamic capability framework has emerged as the new touchstone in the domain of strategic management, the focal point of most of the studies has predominantly been the multinational firms belonging to developed countries. The present study aims to bridge this gap not only by empirically analysing the dynamic capabilities of Indian multinationals but also by comparing the level of deployment of dynamic capabilities in Indian-origin multinational corporations (MNCs) vis-à-vis the foreign-origin MNCs operating in India. Moreover, as there is no consensus among researchers on the relationship between dynamic capabilities and competitive advantage, this relationship is put to test in the present study, and its wider applicability is checked in Indian and foreign-based MNCs. The study also analyses the effect of company’s country-of-origin on its competitiveness. Furthermore, individual capabilities of the organizations under study are analysed and strategies to enhance the competitiveness of each organization are thereby suggested.

scholarly journals The relationship between dynamic capabilities, the firm’s resource base and performance in a post-disaster environment

2016 ◽  
Vol 35 (1) ◽  
pp. 78-98 ◽  
Author(s):  
Martina Battisti ◽  
David Deakins
Keyword(s):  
New Zealand ◽  
Small Firms ◽  
Dynamic Capabilities ◽  
Resource Base ◽  
High Volatility ◽  
And Performance ◽  
The Relationship ◽  
Post Disaster ◽  
Practical Implications

This article draws on quantitative survey evidence to explore the role of dynamic capabilities in a post-disaster environment, that of Christchurch in New Zealand after the 2010 and 2011 series of major earthquakes. We develop a model to examine the relationship between dynamic capabilities, disaster-related changes to the firm’s resource base and its performance. The hypotheses are tested using a sample of 545 small firms that have been affected by the earthquakes. Results highlight the importance of a firm’s proactive posture and capability to integrate resources in recognising new opportunities in an environment characterised by high volatility and increased uncertainty. These findings offer important theoretical and practical implications.

Mediation effect of dynamic capability in the relationship between knowledge management and strategic leadership on organizational performance accountability

2018 ◽  
Vol 60 (2) ◽  
pp. 517-529 ◽  
Author(s):  
Kamariah Najmi ◽  
Abdul Rahman Kadir ◽  
Muh. Isa Ansari Kadir
Keyword(s):  
Knowledge Management ◽  
Organizational Performance ◽  
Dynamic Capabilities ◽  
Hospital Performance ◽  
Mediating Effect ◽  
Dynamic Capability ◽  
Equation Modeling ◽  
Strategic Leadership ◽  
Content Type ◽  
The Relationship

Purpose This study aims to examine and assess the effect of knowledge management and strategic leadership on performance of hospitals by using variables’ mediating effect of dynamic capability. Design/methodology/approach The population included in this study are all the elements of leadership, i.e. both structural and functional leaders at the four hospitals in Makassar [the central government (Dr Wahidin Sudiro Husodo), Regional General Hospital belonging to the Provincial Government of South Sulawesi (Hospital Labuang Baji and hospitals Hajj) and government hospitals (hospitals belonging Makassar City Government)]. The sample size resulting from the analysis tools included approximately 100 respondents. This research used both structural, i.e. structural equation modeling (SEM), and Sobel tests for assessing the mediation effects. Findings First, dynamic capabilities as a mediation variable in relationship between the knowledge management and performance of hospitals, indicates that higher knowledge management will result in improved hospital performance, if the mediated dynamic capability was also higher. Second, dynamic capabilities as the mediation in the relationship between strategic leadership and hospital performance indicates that a higher strategic leadership will lead to improved hospital performance, if the mediated dynamic capability was also higher. Originality/value The results of previous studies on knowledge management in public sector organizations were not sufficiently clear. Moreover, the study of knowledge management in the health services industry also received less attention from previous researchers. This research attempts to fill the gap further by examining the influence of knowledge management on organizational dynamic capability and organizational performance of hospitals. The presence of the mediating variable dynamic capability also differentiates this study from previous studies.

Relationship Of Intellectual Capital To Dynamic Capabilities In Village Credit Institutions

GIS Business ◽  
2020 ◽  
Vol 15 (1) ◽  
pp. 95-108 ◽  
Author(s):  
Gine Das Prena ◽  
Ketut Tanti Kustina
Keyword(s):  
Intellectual Capital ◽  
Dynamic Capabilities ◽  
Point Of View ◽  
Dynamic Capability ◽  
Capital Social ◽  
Organizational Capital ◽  
Credit Institution ◽  
Relationship Of ◽  
The Village ◽  
The Relationship

The focus and point of view on this study was the ability of organizational resources (research Base Value/RBV). It was related how the dynamic capability of an organization, especially the village credit institution from the intellectual capital perspective. This research was conducted to get a new update on how the unique configuration of intellectual capital can enhance the ability of companies to empower their dynamic capabilities in order to win the market for the micro finance sector in Bali. In order to identify and formulate the relationship between human capital, social capital, and organizational capital to dynamic capabilities. 109-

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