Dynamic capabilities and environmental sustainability for emerging economies’ multinational enterprises

Abstract

The purpose of this study is to enhance our understanding of how macro (country)level dynamic capabilities, such as government environmental policies, legal and market requirements, and technological advances, and micro (firm) -level dynamic capabilities, such as organizational size, culture, and managerial characteristics, are related to emerging economies multinationals' environmantal sustainability policies and practices. Limited studies explore linkages between macro-and micro-level dynamic capabilities and environmental sustainability, which urge emerging economies' multinationals to reconsider their environmental policies and practices in order to compete with enterprises from developed countries. We develop a theoretical framework and offer propositions about the fundamental links between macro and micro dynamic capabilities and emerging economies environmental sustainability efforts. The propositions can be empirically tested in subsequent studies using country-level and firm-level data to examine the interactions between macroand micro-level capabilities, in relation to sustainable polices and procedures, for multinationals in emerging economies.

Industry 4.0 implementation and Triple Bottom Line sustainability: An empirical study on small and medium manufacturing firms

“…The theory stems from the firm's resource-based view (RBV) and connects the capabilities to distinguishable procedures and competitive practices that managers should synthesize to analyze their resources and incorporate them together, creating novel applications and higher value-addition ( Teece, 2018 ). The conceptualization of dynamic capabilities is a complex task as they do not inherently reflect a single mechanism ( Akhtar et al., 2020 ). Dynamic capabilities are different from the organization's ordinary capabilities ( Karimi and Walter, 2015 ; Qaiyum and Wang, 2018 ), which require the reconfiguration of existing resources to attain the expected outcome.…”

“…Organizations need to possess certain capabilities that ensure proper implementation of Industry 4.0. Yet, the literature addressing the key determinants of Industry 4.0 that act as capabilities and strengthen sustainability has not articulated the missing links between the determinants and sustainability ( Akhtar et al., 2020 ). However, while technically evident, there have been very little empirical studies regarding the role of the determinants in implementing Industry 4.0 and sustainable practices ( Díaz-Chao et al., 2020 ).…”

Stakeholder engagement, Csr development and Sdgs compliance: A systematic review from 2015 to 2021

“…In addition, a weak regulatory environment, combined with profitability losses, increases the willingness to unethical organizational behavior (Ullah et al, 2019). In particular, multinationals from emerging economies, such as those in Latin America, should reconsider their CSR policies and practices in line with those of companies from developed countries (Akhtar et al, 2020).…”

Capacidad dinámica y recursos para la resiliencia en empresas artesanales de cerámica en Jalisco, México

“…Una capacidad dinámica es aquella que integra, construye y reconfigura las competencias internas y externas con el objeto de enfrentar un entorno siempre cambiante. Son las capacidades que reflejan las habilidades de la organización para alcanzar nuevas e innovadoras formas de ventaja competitiva ante los retos e incertidumbre que el entorno ofrece (Teece, Pisano y Shuen, 1997;Akhtar et al, 2020). Identificar los recursos intangibles y las capacidades dinámicas de una empresa artesanal facilita la comprensión de sus estrategias para desarrollar nuevas oportunidades, aún en entornos económicos poco favorables.…”