Strategic Management Thought

A Model of Dynamic Capabilities Influence on the Firm's Performance

Document Type : Research Paper

Authors

دانشیار دانشکده مدیریت دانشگاه شهید بهشتی، تهران، ایران

Abstract

Research in dynamic capabilities as a field of research is at an early stage and many research questions are posed in this area. A necessary step to convert the dynamic capabilities to a theory is specifying a set of rules governing the relationships between constitutive variables. One of the most important relationships in this field is the relationship between dynamic capabilities and performance. Meanwhile, the mechanisms of dynamic capabilities' effect on the firm's performance are not well understood. Using data from the companies in Tehran Stock Exchange, this paper measures dynamic capabilities as a hierarchical construct with three underlying factors: Sensing Capability, Seizing the Opportunities Capability, and Resources' Reconfiguration Capability. Then, path-structural modeling is employed to explore the relationships among dynamic capabilities and performance. The results showed that dynamic capabilities indirectly impact the firm's performance through operational capabilities. Furthermore, the direct relationship between dynamic capabilities and performance is not significant.

Keywords

خداداد حسینی، سید حمید، فتحی، سعید و الهی، شعبان (1385). «طراحی الگوی تاثیر فناوری اطلاعات بر سنجه‌های عملکرد مالی با رویکرد فرا تحلیل»، بررسی‌های حسابداری و حسابرسی، 13 (46)،61-83.
طالب تبریزی، نغمه (1390). «ارزیابی سطح توانمندی‌های تکنولوژیک با استفاده از مدل اطلس تکنولوژی در کارخانه صنایع غذایی پورا»، اولین کنفرانس بین‌المللی، پنجمین کنفرانس ملی مدیریت تکنولوژی. (تهران 1-2 آذر ماه 1390).
طباطبائیان، سید حبیب‌الله، منطقی، منوچهر، حنفی‌زاده، پیام، نقی‌زاده، محمد و نیرومند، پوراندخت (1391، تابستان). «الگوی بهبود توانمندی فناورانه در بنگاه‌های دانش بنیان تامین‌کننده تجهیزات الکترونیک پلیس بر پایه الگوی توانمندی پویا». فصلنامه مطالعات مدیریت انتظامی، 7 (2)، 177-159.
ملاحسینی، علی، فرقانی، محمدعلی، مرادخانی، بریار (1389). «بررسی تأثیر قابلیت یادگیری سازمانی بر عملکرد SMEهای شهرستان کرمان با استفاده از روش AHP»، نشریه کاوش‌های مدیریت بازرگانی، 2 (3)، 95-78.
نورالهی، سمیه، کفاش پور، آذر، حدادیان، علیرضا (شهریور1392). «بررسی تأثیر قابلیت‌های بازاریابی بر عملکرد بازار به واسطه متغیر خلق ارزش برتر برای مشتری در صنایع غذایی شهرک صنعتی توس مشهد»، دومین همایش ملی علوم مدیریت نوین. (گرگان، 14 شهریور 1392).
 
Ambrosini, V., & Bowman, C. (2009). "What are dynamic capabilities and are they a useful construct in strategic management?. International Journal of Management Reviews, 11 (1), 29-49.
Atkinson, D. (2009). "Measuring and modeling dynamic capabilities". Retrieved from EThOS Digital Dissertation. (uk.bl.ethos.496331).
Barreto, I. (2011). "Dynamic capabilities: a review of past research and an agenda for the future", Journal of Management, 36 (1), 256-280.
Cao, L. (2011). "Dynamic capabilities in a turbulent market environment: empirical evidence from international retailers in China". Journal of Strategic Marketing, 19 (5), 455-469.
Cavusgil, E., Seggie, S. H., & Talay, M. B. (2007). "Dynamic capabilities view: Foundations and research agenda". The Journal of Marketing Theory and Practice, 15 (2), 159-166.
Eisenhardt, K. M., & Martin, J. A. (2000). "Dynamic capabilities: what are they?" Strategic Management Journal, No.21,1105-1121.
Helfat, C., & Peteraf, M. (2009). "Understanding dynamic capabilities: progress along a developmental path". Strategic organization, 7 (1), 91.
Hooley, G., Fahy, J., Cox, T., Beracs, J., Fonfara, K., & Snoj, B. (1999). Marketing capabilities and firm performance: a hierarchical model. Journal of market-focused management, 4 (3), 259-278.
Jordan, M. S. (2012). The effect of organizational knowledge creation on firm performance an operational capabilities-mediated model (Doctoral dissertation, Georgia State University).
Lall, S. (2001). Competitiveness, Technology and Skills. Edward Elgar Publishing Inc., 2 Winter Sport Lane, PO Box 574, Williston, VT 05495-0080.
Lawer, C. (2010). How does absorptive capacity influence the origin and evolution of dynamic capabilities? Retrieved from EThOS Digital Dissertation. (uk.bl.ethos.524190).
Li, D. Y., & Liu, J. (2012). "Dynamic capabilities, environmental dynamism, and competitive advantage: Evidence from China". Journal of Business Research. available at: http://dx.doi.org/10.1016/j.jbusres.2012.08.007.
Lindblom, A., Olkkonen, R., Kajalo, S., & Mitronen, L. (2008). Market-sensing capability and business performance of retail entrepreneurs. Contemporary Management Research, 4 (3), 219-236.
MacInerney-May, K. (2012). The Value of Dynamic Capabilities for Strategic Management (Doctoral dissertation, Universität zu Köln).
Newey, L. R., & Zahra, S. A. (2009). "The evolving firm: how dynamic and operating capabilities interact to enable entrepreneurship. British Journal of Management, 20 (s1), S81-S100.
Panda, H., & Ramanathan, K. (1996). Technological capability assessment of a firm in the electricity sector. Technovation, 16 (10), 561-588.
Pavlou, P. A., & El Sawy, O. A. (2011). "Understanding the elusive black box of dynamic capabilities". Decision Sciences, 42 (1), 239-273.
Priem, R. L., & Butler, J. E. (2001). Is the resource-based “view” a useful perspective for strategic management research?. Academy of management review, 26 (1), 22-40.
Protogerou, A., Caloghirou, Y., & Lioukas, S. (2008). Dynamic capabilities and their indirect impact on firm performance (No. 08-11). DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
Schreyögg, G., & Kliesch-Eberl, M. (2007). "How dynamic can organizational capabilities be? Towards a dual-process model of capability dynamization". Strategic Management Journal, 28: 913-933.
Teece, D. J. (2007). "Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance". Strategic management journal, 28 (13), 1319-1350.
Teece, D. J. (2009). Dynamic Capabilities and Strategic Management: Organizing for Innovation and Growth: Organizing for Innovation and Growth. Oxford University Press.
Teece, D. J., Pisano, G., & Shuen, A. (1997). Dynamic Capabilities and Strategic Management. Strategic Management Journal, 18 (7), 509-533.
Trez, G., & Luce, F. B. (2012). Organizational structure and specialized marketing capabilities in SMEs. Marketing Intelligence & Planning, 30 (2), 143-164.
Vorhies, D. W., & Morgan, N. A. (2005). "Benchmarking marketing capabilities for sustainable competitive advantage". Journal of Marketing, 69 (1), 80-94.
Morgan, N. A., Vorhies, D. W., & Mason, C. H. (2009). "Market orientation, marketing capabilities", and firm performance. Strategic Management Journal, 30 (8), 909-920.
Wang, C. L., & Ahmed, P. K. (2007). "Dynamic capabilities: A review and research agenda". International Journal of Management Reviews, 9 (1), 31-51.
Wetzels, M., Odekerken-Schroder, G., & Van Oppen, C. (2009). "Using PLS path modeling for assessing hierarchical construct models: guidelines and empirical illustration". Management Information Systems Quarterly, 33 (1), 11.
Wolfe, J., & Sauaia, A. C. A. (2003). The Tobin q as a company performance indicator. Developments in Business Simulation & Experiential Learning, 30, 155-159.
Zahra, S. A., Sapienza, H. J., & Davidsson, P. (2006). "Entrepreneurship and dynamic capabilities: a review, model and research agenda". Journal of Management studies, 43 (4), 917-955.
Zaidi, M. F. A., & Othman, S. N. (2012)."Understanding the Concept of Dynamic Capabilities by Dismantling Teece, Pisano, and Shuen (1997)’s Definition". International Journal of academic research in business and social sciences, 2 (8).
Zollo, M., & Winter, S. G. (2002). "Deliberate learning and the evolution of dynamic capabilities". Organization science, 13 (3), 339-351.
Strategic Management Thought
Volume 8, Issue 2 - Serial Number 2
November 2014
Pages 67-98
  • Receive Date: 10 January 2015
  • Revise Date: 09 February 2015
  • Accept Date: 15 February 2015