Dynamic capabilities, operational changes, and performance outcomes in the media industry

Jantunen, Ari; Tarkiainen, Anssi; Chari, Simos; Oghazi, Pejvak

doi:10.1016/j.jbusres.2018.01.037

Cited by 93 publications

(104 citation statements)

References 39 publications

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“…Second, this research made contributions to current business-resilience research. Existing research mainly evaluates business resilience with business performance [52]. This study enhances the understanding of the power of business resilience by focusing on its contributions in preserving heritage.…”

Section: Discussionmentioning

confidence: 99%

“…Previous studies have suggested that, in rapidly changing environments, firms with high dynamic capabilities are more resilient [31]. However, when business environments are relatively stable, the benefits created by dynamic capabilities may be overturned by the costs required to develop and maintain such competences [52]. Therefore, we propose:…”

Section: Impact Of Globalizationmentioning

confidence: 98%

“…Yumcha heritage sustainability used a 5-item measurement scale. The items were adapted from Jantunen, Tarkiainen, Chari, and Oghazi [52]. The measure of sustainability of Yumcha culture considered the persistence of Yumcha activity and the continuous appreciation of the value involved in the activity.…”

Section: Ap1mentioning

confidence: 99%

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The Resilience Capabilities of Yumcha Restaurants in Shaping the Sustainability of Yumcha Culture

Dai

Cui

2018

Sustainability

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This study investigates the sustainability of food heritage in the modern world. The city of Guangzhou in Guangdong province has quickly changed to become a large metropolis within 40 years after China’s opening policy. Using Guangzhou’s Yumcha heritage as the case, we propose that Yumcha restaurants’ resilience has enhanced Yumcha heritage sustainability, and their dynamic capabilities have had a positive influence on both Yumcha restaurants’ resilience and the sustainability of Yumcha heritage. The study focuses on (1) the influence of social–cultural changes on the sustainability of Yumcha culture, (2) the influence of restaurant dynamic capabilities on Yumcha heritage sustainability, (3) Yumcha restaurants’ resilience-mediating effect, and (4) the moderating effects of social-cultural changes. The findings contribute to our understanding from four aspects: (1) Social–cultural changes negatively impact on Yumcha heritage; (2) the dynamic capability of Yumcha restaurants has a direct positive impact on Yumcha heritage; (3) the dynamic capabilities of Yumcha restaurants and social–cultural changes enable Yumcha heritage to become more resilient and improve the sustainability of Yumcha heritage; and (4) social–cultural changes moderate the indirect effects of proactive behavior on Yumcha heritage sustainability via Yumcha restaurant resilience.

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Section: Discussionmentioning

confidence: 99%

Section: Impact Of Globalizationmentioning

confidence: 98%

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The Resilience Capabilities of Yumcha Restaurants in Shaping the Sustainability of Yumcha Culture

Dai

Cui

2018

Sustainability

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“…To show the relationship between DC and performance improvements of media organizations, Jantunen et al (2018) conducted a survey of two Nordic countries, Finland and Sweden, by focusing on the magazine publishing industry. They classified the business of the magazine publishing industry into traditional (i.e., prior to digitalization) and contemporary (i.e., digitalized), and strove to identify predictors of success in each business model" (p. 252).…”

Section: Organization-level Analysismentioning

confidence: 99%

Dynamic capabilities in media management research. A literature review

Murschetz¹,

Omidi

Oliver

et al. 2020

JSMA

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PurposeDynamic capabilities (DCs) help media firms adapt to rapidly changing environments. The purpose of this study is to provide a comprehensive literature review of studies of DCs in strategic management research with a view to understanding its implications for the management of media organizations. Essentially, it fertilizes on the idea that the concept of DC is useful and vital for answering various critical questions regarding the challenges that media organizations are currently facing.Design/methodology/approachThis study builds on a systematic literature reviewing design as the research methodology. It aims to identify, critically evaluate, and integrate factors, dimensions, and findings on studies of DCs in strategic management research and builds knowledge transfers to the field of strategic management research in the media industry.FindingsThe study shows that the DC framework helps media firms effectively respond to changing environments. The conceptual DC framework has implications for media strategy practice. Results indicate a considerable growth in the number of papers published related to the DCs in media organizations from 2003 to 2018.Originality/valueThe study qualifies the relevance and validity of the DC framework in strategic management research for the field of strategic media management. It explores a research agenda in this domain by precisely explaining the significant trends in the theory of DC to shape managerial strategies in the media industry.

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“…Teece (2007) asserted that dynamic capability includes three types of abilities, '(1) to sense new opportunities and threats in its environment, (2) to seize those opportunities and (3) to sustain competitive edge through improving, integrating, and when imperative, reconfiguring the business enterprises key tangible and intangible assets and activities'. In companies, dynamic capability is able to achieve new forms of competitive advantage (Reuter, Foerstl, Hartmann, & Blome, 2010), improve organizational performance (Jantunen, Tarkiainen, Chari, & Oghazi, 2018;Zhou, Zhou, Feng, & Jiang, 2017), and promote innovation (Lin, Su, & Higgins, 2016). Recent research shows that international diversification, intellectual capital, information technology, leadership styles, internal conditions, HR systems, and social capital affect the generation of dynamic capability (Lopez-Cabrales, Bornay- Barrachina, & Diaz-Fernandez, 2017; CONTACT Yang Lin-Bo yanglinbo060645@163.com Mikalef & Pateli, 2017;Qaiyum & Wang, 2018; Rodrigo-Alarcón, García-Villaverde, Ruiz-Ortega, & Parra-Requena, 2018).…”

Section: Introductionmentioning

confidence: 99%

Strategic goal interdependence approach to dynamic capability and the effects of customer integration and market dynamism: evidence from China

Yang

Gan

2019

Systems Science & Control Engineering

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Based on the theory of cooperation and competition, this study proposed goal interdependence with downstream company as an important enabler of firms' dynamic capability. Moreover, we examined both how and when cooperative and competitive goals affect dynamic capability by considering customer integration as a mediator and market dynamism as an important contingency. We tested our moderated mediation model by using survey data from a cross-industry sample of 233 firms in China. Results of structural equation analyses suggest that firms and downstream companies that recognize strategic goal interdependence as cooperation rather than competition develop customer integration. With customer integration, firms' dynamic capability is promoted. Additionally, the moderated mediation analysis revealed that the positive indirect relationship between cooperative goal and dynamic capability with the linkage of customer integration is weaker for higher levels of market dynamism, but the negative indirect effect of competitive goal on the dynamic capability through customer integration does not depend on market dynamism. Based on these findings, we discussed how our findings extend dynamic capability research, the theory of cooperation and competition and provide implications for practice. ARTICLE HISTORY

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Dynamic capabilities, operational changes, and performance outcomes in the media industry

Cited by 93 publications

References 39 publications

The Resilience Capabilities of Yumcha Restaurants in Shaping the Sustainability of Yumcha Culture

The Resilience Capabilities of Yumcha Restaurants in Shaping the Sustainability of Yumcha Culture

Dynamic capabilities in media management research. A literature review

Strategic goal interdependence approach to dynamic capability and the effects of customer integration and market dynamism: evidence from China

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