Dynamic Capabilities and Organizational Performance: A Meta‐Analytic Evaluation and Extension

Fainshmidt, Stav; Pezeshkan, Amir; Frazier, M. Lance; Nair, Anil; Markowski, Edward P.

doi:10.1111/joms.12213

Cited by 310 publications

(337 citation statements)

References 226 publications

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“…Capabilities are consider as a "superior" resource because of "their capacity to deploy resources, usually in combination, using organisational processes, to effect a desired end" (Fainshmidt et al, 2016(Fainshmidt et al, , p. 1348. Namely, they characterise the dynamic, non-finite mechanisms enabling the firm to acquire, develop and deploy all resources (including intangible ones) to create organisational performance and sustain competitive advantage (Dierickx and Cool, 1989;Helfat and Peteraf, 2015).…”

Section: Contribution Of Tr and Irmentioning

confidence: 99%

The contribution of tangible and intangible resources, and capabilities to a firm’s profitability and market performance

Kamaşak

2017

EJMBE

160

107

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Purpose The purpose of this paper is to investigate the relative contribution of tangible resource (TR) and intangible resource (IR), and capabilities on firm performance based on the measures of market share, sales turnover and profitability. Design/methodology/approach A cross-sectional survey research design was used in the study. The modified version of Galbreath and Galvin’s (2008) resource-performance questionnaire which included a total number of 45 questions was applied on 243 Turkish firms operating in different industries. The data collected were analysed by hierarchical regression analysis. Findings The findings revealed that IRs and capabilities contributed more greatly to firm performance compared to TRs. However, in contrast to the proposition of resource-based theory that views capabilities as the most important skills that underpin the development and deployment of both TR and IR, capabilities offered rather limited additional explanatory power to the prediction of firm performance only with respect to profitability against the combined effects of TR and IR. Originality/value The vast majority of the empirical resource-based view (RBV) research concentrates on developed countries and very little is known about results outside of this domain. This study employs Turkish business databases to assess the relative importance of TR and IR and capabilities on performance differences among firms in Turkey which was the 17th largest economy in the world trade in 2016. Second, in the RBV literature, limited research tests the contribution of capabilities to firm success after simultaneously accounting for the effects of other resources (namely, TR and IR) available to the firm. Finally, this research offers practical contributions to executives and managers who have to make adequate decisions for firm survival and growth in the competitive business arena.

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Section: Contribution Of Tr and Irmentioning

confidence: 99%

The contribution of tangible and intangible resources, and capabilities to a firm’s profitability and market performance

Kamaşak

2017

EJMBE

160

107

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“…Barreto, 2010;Easterby-Smith et al, 2009). One of the criticisms of the dynamic capabilities concept is that they are difficult to measure (Fainschmidt et al, 2016;Karna et al, 2015;Laaksonen and Peltoniemi, 2016) and to measurement of dynamic capabilities (Pavlou and El Sawy, 2011;Barrales-Molina et al, 2013;Wang et al, 2015). Therefore, probably, the problem will lose significance.…”

Section: Sources Of Competitive Advantagesmentioning

confidence: 99%

“…As the field evolves, theoretical work is converging around two main tenets of the dynamic capabilities view: (1) dynamic capabilities contribute to organizational performance and (2) the value of dynamic capabilities is more pronounced in environments characterized by rapid technological change (Fainschmidt et al, 2016;cf. Peteraf et al, 2013;Helfat and Peteraf, 2015;Salvato and Rerup, 2011).…”

Section: Sources Of Competitive Advantagesmentioning

confidence: 99%

The Concept of Competitive Advantages. Logic, Sources and Durability

Cegliński

2017

JPM

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Purpose: The main purpose of this article is to present theoretical assumptions of the concept of competitive advantages and main problems connected with the same. Most of all, the article outlines issues, which are presently discussed in the field of management sciences, including sources of competitive advantages, causal ambiguity and character of durability of competitive advantages in the contemporary turbulent business environment. In the author's opinion, the issues have a great significant for the practice of management. Methodology:The article has been written following a careful review of leading literature of the subject and in accordance with the logics of resource-based view. Conclusions:The concept of competitive advantages is commonly used for the purposes of analysing above-average results of enterprises in a competitive market. However, the contemporary changes in environments of organizations make competitive advantages become more and more complex and relationships between sources of the advantages and results activities more and more inobvious. Originality/Value:The article contributes to further discussion on concept of competitive advantages. Paradoxically, the problems are not developed sufficiently in management sciences. Due to dynamic changes occurring in environments of enterprises, it is necessary to update knowledge in this field on a regular basis.

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“…SSCM until now has been primarily focused on economic and environmental aspects, and there is an under-explored around the social and human aspect of sustainability in business practices that have not been investigated in depth. The fourth element considers the relevance of dynamic capabilities, such as absorptive capacity which is presented by some authors, for example, [39], [48]- [51] as an enabling factor for innovation. By being an enabling factor, in this study absorptive capacity is presented as mediating factor on the relationship between disruptive innovation and the performances of sustainable supply chain inside the company.…”

Section: With Supplies Supply Integration)mentioning

confidence: 99%

Effects of Dynamic Capabilities on Frugal Innovation: A Conceptual Framework for Sustainable Supply Chain Application

Rodríguez¹,

Cunha²

2018

dtetr

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Recently, supply chain operations have been influenced by three concepts such as sustainable supply chain, dynamic capabilities, and disruptive innovation. First, sustainability has become a necessary goal for businesses and a powerful strategy for competitive advantage. Sustainable innovations along the supply chain are increasingly important regarding firm competitiveness to respond to rapid changes in the market. Secondly, disruptive innovations are particularly adopted by firms, because they aim to provide product or process to a new set of customers (or customers with new sets of requirements). Big data and predictive analytics are one of them and may have the ability to generate considerably more business and social value while significantly reducing the use of scarce resources. This disruptive innovation could improve the ability to help with the sustainability of sourcing decisions, and reduce environmental footprint are increasingly recognized. Thirdly, developing dynamic capabilities such as absorptive capacity both in firms and in supply chains are also integral to responding to dynamic markets and customer needs. Dynamic capabilities are collective resources (financial and technical assets coordinated with knowledge and competencies) which are essentially change-oriented, helping firms redeploy and reconfigure. Any innovation (whether process or product oriented) must then rely on such capabilities. The main objective of this paper is to develop a conceptual framework through a literature review, to identify the features of disruptive innovations applied to the sustainable supply chain, and to analyze the role of dynamic capabilities. We will focus on how certain dynamic capabilities such as absorptive capacity affect the impact of the utilization of big data analytics on sustainable supply chain on frugal processes, which has not been investigated in depth.

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Dynamic Capabilities and Organizational Performance: A Meta‐Analytic Evaluation and Extension

Cited by 310 publications

References 226 publications

The contribution of tangible and intangible resources, and capabilities to a firm’s profitability and market performance

The contribution of tangible and intangible resources, and capabilities to a firm’s profitability and market performance

The Concept of Competitive Advantages. Logic, Sources and Durability

Effects of Dynamic Capabilities on Frugal Innovation: A Conceptual Framework for Sustainable Supply Chain Application

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