Hostname: page-component-5b777bbd6c-rbv74 Total loading time: 0 Render date: 2025-06-21T10:18:49.694Z Has data issue: false hasContentIssue false
  • English
  • Français

Dynamic capabilities and performance: How has the relationship been assessed?

Published online by Cambridge University Press:  20 December 2019

Elisabeth P. Baía  and
João J. M. Ferreira Open the ORCID record for João J. M. Ferreira [Opens in a new window]
Elisabeth P. Baía
Affiliation:
Department of Business and Economics, University of Beira Interior, Covilhã, Portugal
João J. M. Ferreira*
Affiliation:
Department of Business and Economics & NECE Research Unit, University of Beira Interior, Estrada do Sineiro, 6200-209 Covilhã, Portugal
*
*Corresponding author. Email: jjmf@ubi.pt
Get access Rights & Permissions [Opens in a new window]

Abstract

The contribution of dynamic capabilities (DCs) to firm performance remains unclear and at the centre of debate. Based on a systematic literature review of 92 quantitative articles, the purpose is to explore how the DC–performance relationship have and should be assessed in the future. The most promising approach seems to be indirect, as it appears that DCs primarily causes change and intermediate outcomes, though far from being the most hypothesized relationship. Moreover, investigations employ a continuum of conceptualizations, ranging from very specific DCs to generic sets with theoretical divergences and overlapping. The same applies to the varied performance measures adopted, evidencing that the literature still has a long way to go. Based on a structured synthesis and analysis of existing studies, a conceptual model, recommendations and future avenues are proposed, along with areas of attention, which have both managerial and practical relevance, contributing to advancement within this research stream.

Keywords

systematic literature reviewdynamic capabilitiesperformanceDC–performance relationship
Type
Research Article
Information
Journal of Management & Organization , Volume 30 , Issue 1 , January 2024 , pp. 188 - 217
Copyright
© The Author(s), 2019. Published by Cambridge University Press in association with Australian and New Zealand Academy of Management

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Article purchase

Temporarily unavailable

References

Agarwal, R., & Selen, W. (2013). The incremental and cumulative effects of dynamic capability building on service innovation in collaborative service organizations. Journal of Management and Organization, 19(5), 521–543.CrossRefGoogle Scholar
Albort-Morant, G., Leal-Rodríguez, A. L., Fernández-Rodríguez, V., & Ariza-Montes, A. (2018). Assessing the origins, evolution and prospects of the literature on dynamic capabilities: A bibliometric analysis. European Research on Management and Business Economics, 24(1), 42–52.CrossRefGoogle Scholar
Alves, A. C., Barbieux, D., Reichert, F. M., Tello-Gamarra, J., & Zawislak, P. A. (2017). Innovation and dynamic capabilities of the firm: Defining an assessment model. Revista de Administração de Empresas, 57(3), 232–244.CrossRefGoogle Scholar
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.CrossRefGoogle Scholar
Arend, R. J. (2014). Entrepreneurship and dynamic capabilities: How firm age and size affect the ‘capability enhancement-SME performance’ relationship. Small Business Economics, 42(1), 33–57.CrossRefGoogle Scholar
Arndt, F., & Bach, N. (2015). Evolutionary and ecological conceptualization of dynamic capabilities: Identifying elements of the Teece and Eisenhardt schools. Journal of Management and Organization, 21(5), 701–704.CrossRefGoogle Scholar
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120.CrossRefGoogle Scholar
Barney, J. B., & Hesterly, W. S. (2006). Evaluating a firm's internal capabilities. In Strategic management and competitive advanatge: Concepts and cases (pp. 72–111). Upper Saddle River, NJ: Prentice Hall.Google Scholar
Barrales-Molina, V., Martínez-López, F. J., & Gázquez-Abad, J. C. (2014). Dynamic marketing capabilities: Toward an integrative framework. International Journal of Management Reviews, 16(4), 397–416.CrossRefGoogle Scholar
Barreto, I. (2010). Dynamic capabilities: A review of past research and an agenda for the future. Journal of Management, 36(1), 256–280.CrossRefGoogle Scholar
Battisti, M., & Deakins, D. (2017). The relationship between dynamic capabilities, the firm's resource base and performance in a post-disaster environment. International Small Business Journal, 35(1), 78–98.CrossRefGoogle Scholar
Bleady, A., Ali, A. H., & Ibrahim, S. B. (2018). Dynamic capabilities theory: Pinning down a shifting concept. Academy of Accounting and Financial Studies Journal, 22(2), 1–16.Google Scholar
Blome, C., Schoenherr, T., & Rexhausen, D. (2013). Antecedents and enablers of supply chain agility and its effect on performance: A dynamic capabilities perspective. International Journal of Production Research, 51(4), 1295–1318.CrossRefGoogle Scholar
Burisch, R., & Wohlgemuth, V. (2016). Blind spots of dynamic capabilities. A systems thecoretic perspective. Journal of Innovation & Knowledge, 1, 109–116.CrossRefGoogle Scholar
Bustinza, O. F., Molina, L. M., & Arias-Aranda, D. (2010). Organizational learning and performance: Relationship between the dynamic and the operational capabilities of the firm. African Journal of Business Management, 4(18), 4067–4078.Google Scholar
Cai, H., Chen, H., Li, Y., & Liu, Y. (2014). External dynamic capabilities, reconfiguration of cooperation mechanism and new product development: Contingent effect of technological resource base. International Journal of Technology Management, 65(1/2/3/4), 240.CrossRefGoogle Scholar
Chen, Y. S., & Chang, C. H. (2013). The determinants of green product development performance: Green dynamic capabilities, green transformational leadership, and green creativity. Journal of Business Ethics, 116(1), 107–119.CrossRefGoogle Scholar
Cheng, C. C. J., & Chen, J. (2013). Breakthrough innovation: The roles of dynamic innovation capabilities and open innovation activities. Journal of Business & Industrial Marketing, 28(5), 444–454.CrossRefGoogle Scholar
Cheng, C. C. J., Yang, C., & Sheu, C. (2016). Effects of open innovation and knowledge-based dynamic capabilities on radical innovation: An empirical study. Journal of Engineering and Technology Management, 41, 79–91.CrossRefGoogle Scholar
Cheng, J.-H., Chen, M.-C., & Huang, C.-M. (2014). Assessing inter-organizational innovation performance through relational governance and dynamic capabilities in supply chains. Supply Chain Management: An International Journal, 19(2), 173–186.CrossRefGoogle Scholar
Chien, S., & Tsai, C. (2012). Dynamic capability, knowledge, learning, and firm performance. Journal of Organizational Change Management, 25(3), 434–444.CrossRefGoogle Scholar
Chiu, W.-H., Chi, H.-R., Chang, Y.-C., & Chen, M.-H. (2016). Dynamic capabilities and radical innovation performance in established firms: A structural model. Technology Analysis & Strategic Management, 28(8), 965–978.CrossRefGoogle Scholar
Dias, Á., & Pereira, R. (2017). Dynamic capabilities and marketing capabilities in Portugal. Academia Revista Latinoamericana de Administración, 30(3), 312–327.CrossRefGoogle Scholar
Di Stefano, G., Peteraf, M., & Verona, G. (2014). The organizational drivetrain: A road to integration of dynamic capabilities research. Academy of Management Perspectives, 28(4), 307–327.CrossRefGoogle Scholar
Drnevich, P. L., & Kriauciunas, A. P. (2011). Clarifying the conditions and limits of the contributions of ordinary and dynamic capabilities to relative firm performance. Strategic Management Journal, 32, 254–279.CrossRefGoogle Scholar
Eisenhardt, K. M., & Martin, J. A. (2000). Dynamic capabilities: What are they? Strategic Management Journal, 21, 1105–1121.3.0.CO;2-E>CrossRefGoogle Scholar
Eriksson, T. (2013). Methodological issues in dynamic capabilities research – a critical review. Journal of Management, 8(3), 306–327.Google Scholar
Eriksson, T. (2014). Processes, antecedents and outcomes of dynamic capabilities. Scandinavian Journal of Management, 30(1), 65–82.CrossRefGoogle Scholar
Fainshmidt, S., Nair, A., & Mallon, M. R. (2017). MNE performance during a crisis: An evolutionary perspective on the role of dynamic managerial capabilities and industry context. International Business Review, 26(6), 1088–1099.CrossRefGoogle Scholar
Falasca, M., Zhang, J., Conchar, M., & Li, L. (2017). The impact of customer knowledge and marketing dynamic capability on innovation performance: An empirical analysis. Journal of Business & Industrial Marketing, 32(7), 901–912. 9CrossRefGoogle Scholar
Fang, E., & Zou, S. (2009). Antecedents and consequences of marketing dynamic capabilities in international joint ventures. Journal of International Business Studies, 40(5), 742–761.CrossRefGoogle Scholar
Galvin, P., Rice, J., & Liao, T. S. (2014). Applying a Darwinian model to the dynamic capabilities view: Insights and issues. Journal of Management and Organization, 20(2), 250–263.CrossRefGoogle Scholar
García-Morales, V. J., Jiménez-Barrionuevo, M. M., & Mihi-Ramírez, A. (2011). The influence of strategic dynamic capabilities on organizational outcomes through the organizational learning process. Industry and Innovation, 18(7), 685–708.CrossRefGoogle Scholar
Gelhard, C., von Delft, S., & Gudergan, S. P. (2016). Heterogeneity in dynamic capability configurations: Equifinality and strategic performance. Journal of Business Research, 69(11), 5272–5279.CrossRefGoogle Scholar
Giniuniene, J., & Jurksiene, L. (2015). Dynamic capabilities, innovation and organizational learning: Interrelations and impact on firm performance. Procedia - Social and Behavioral Sciences, 213(1997), 985–991.CrossRefGoogle Scholar
Girod, S. J., & Whittington, R. (2017). Reconfiguration, restructuring and firm performance: Dynamic capabilities and environmental dynamism. Strategic Management Journal, 38, 1121–1133.CrossRefGoogle Scholar
Gnizy, I., Baker, W. E., & Grinstein, A. (2014). Proactive learning culture: A dynamic capability and key success factor for SMEs entering foreign markets. International Markting Review, 31(5), 477–505.CrossRefGoogle Scholar
Han, Y., & Li, D. (2015). Effects of intellectual capital on innovative performance: The role of knowledge-based dynamic capability. Management Decision, 1(53), 40–56.CrossRefGoogle Scholar
Hang, Y., Baizhou, L., & Jianxin, Z. (2014). Research on theoretical analysis and statistical examination of dynamic capability's effect on financial performance of enterprise under the uncertain environment. Pakistan Journal of Statistics, 30(5), 715–736.Google Scholar
Helfat, C. E., & Peteraf, M. A. (2009). Understanding dynamic capabilities: Progress along a developmental path. Strategic Organization, 7(1), 91–102.CrossRefGoogle Scholar
Hemmati, M., Feiz, D., Jalivand, M. R., & Kholghi, I. (2016). Development of fuzzy two-stage DEA model for competitive advantage based on RBV and strategic agility as a dynamic capability. Journal of Modelling in Management, 11(1), 288–308.CrossRefGoogle Scholar
Hermano, V., & Martín-Cruz, N. (2016). The role of top management involvement in firms performing projects: A dynamic capabilities approach. Journal of Business Research, 69(9), 3447–3458.CrossRefGoogle Scholar
Hsu, L. C., & Wang, C. H. (2012). Clarifying the effect of intellectual capital on performance: The mediating role of dynamic capability. British Journal of Management, 23(2), 179–205.CrossRefGoogle Scholar
Hung, R. Y. Y., Chung, T., & Lien, B. Y. H. (2007). Organizational process alignment and dynamic capabilities in high-tech industry. Total Quality Management and Business Excellence, 18(9), 1023–1034.CrossRefGoogle Scholar
Hung, R. Y. Y., Yang, B., Lien, B. Y. H., McLean, G. N., & Kuo, Y. M. (2010). Dynamic capability: Impact of process alignment and organizational learning culture on performance. Journal of World Business, 45(3), 285–294.CrossRefGoogle Scholar
Jeng, D. J. F., & Pak, A. (2016). The variable effects of dynamic capability by firm size: The interaction of innovation and marketing capabilities in competitive industries. International Entrepreneurship and Management Journal, 12(1), 115–130.CrossRefGoogle Scholar
Jiang, W., Mavondo, F. T., & Matanda, M. J. (2015). Integrative capability for successful partnering: A critical dynamic capability. Management Decision, 53(6), 1184–1202.CrossRefGoogle Scholar
Ju, K.-J., Park, B., & Kim, T. (2016). Causal relationship between supply chain dynamic capabilities, technological innovation, and operational performance. Management and Production Engineering Review, 7(4), 6–15.CrossRefGoogle Scholar
Karimi, J., & Walter, Z. (2015). The role of dynamic capabilities in responding to digital disruption: A factor-based study of the newspaper industry. Journal of Management Information Systems, 32(1), 39–81.CrossRefGoogle Scholar
Kim, G., Shin, B., Kim, K. K., & Lee, H. G. (2011). IT capabilities, process-oriented dynamic capabilities, and firm financial performance. Journal of Association for Information Systems, 12(7), 487–517.CrossRefGoogle Scholar
Kim, J., & Boo, S. (2010). Dynamic capabilities and performance of meeting planners. Journal of Travel and Tourism Marketing, 27(7), 736–747.CrossRefGoogle Scholar
Ko, W. W., & Liu, G. (2016). Environmental strategy and competitive advantage: The role of small- and medium-sized enterprises’ dynamic capabilities. Business Strategy and the Environment, 26(5), 584–596.CrossRefGoogle Scholar
Konwar, Z. I., Papageorgiadis, N., Ahammad, M. F., TIan, Y., McDonald, F., & Wang, C. (2017). Dynamic marketing capabilities, foreign ownership modes, sub-national locations and the performance of foreign affiliates in developing economies. International Markting Review, 34(5), 674–704.CrossRefGoogle Scholar
Kuo, S.-Y., Lin, P.-C., & Lu, C.-S. (2016). The effects of dynamic capabilities, service capabilities, competitive advantage, and organizational performance in container shipping. Transportation Research, 95, 356–371.Google Scholar
Laaksonen, O., & Peltoniemi, M. (2016). The essence of dynamic capabilities and their measurement. International Journal of Management Reviews, 00, 1–22.Google Scholar
Lee, S. M., & Rha, J. S. (2016). Ambidextrous supply chain as a dynamic capability: Building a resilient supply chain. Management Decision, 54(1), 2–23.CrossRefGoogle Scholar
Leonidou, L. C., Leonidou, C. N., Fotiadis, T. A., & Aykol, B. (2015). Dynamic capabilities driving an eco-based advantage and performance in global hotel chains: The moderating effect of international strategy. Tourism Management, 50, 268–280.CrossRefGoogle Scholar
Li, D., & Liu, J. (2014). Dynamic capabilities, environmental dynamism, and competitive advantage: Evidence from China. Journal of Business Research, 67(1), 2793–2799.CrossRefGoogle Scholar
Liao, J., Kickul, J. R., & Ma, H. (2009). Organizational dynamic capability and innovation: An empirical examination of internet firms. Journal of Small Business Management, 47(3), 263–286.CrossRefGoogle Scholar
Lin, Y. H., & Chen, Y. S. (2017). Determinants of green competitive advantage: The roles of green knowledge sharing, green dynamic capabilities, and green service innovation. Quality and Quantity, 51(4), 1663–1685.CrossRefGoogle Scholar
Lin, Y., & Wu, L. Y. (2014). Exploring the role of dynamic capabilities in firm performance under the resource-based view framework. Journal of Business Research, 67(3), 407–413.CrossRefGoogle Scholar
Liu, H., & Hsu, C. (2011). Antecedents and consequences of corporate diversification – a dynamic capabilities perspective. Management Decision, 49(9), 1510–1534.CrossRefGoogle Scholar
Liu, L., Xu, J., Russell, D., Davies, J. K., Webster, D., Luo, Z., & Venters, C. (2012). Dynamic service integration for reliable and sustainable capability provision. International Journal of Systems Science, 43(1), 79–96.CrossRefGoogle Scholar
Makadok, R. (2001). Toward a synthesis of the resource based and dynamic capability views of rent creation. Strategic Management Journal, 22(5), 387–401.CrossRefGoogle Scholar
Makkonen, H., Pohjola, M., Olkkonen, R., & Koponen, A. (2014). Dynamic capabilities and firm performance in a financial crisis. Journal of Business Research, 67(1), 2707–2719.CrossRefGoogle Scholar
Malik, O. R., & Kotabe, M. (2009). Dynamic capabilities, government policies, and performance in firms from emerging economies: Evidence from India and Pakistan. The Journal of Management Studies, 46(3), 421–450.Google Scholar
Mikalef, P., & Pateli, A. (2017). Information technology-enabled dynamic capabilities and their indirect effect on competitive performance: Findings from PLS-SEM and fsQCA. Journal of Business Research, 70, 1–16.CrossRefGoogle Scholar
Mitrega, M., & Pfajfar, G. (2015). Business relationship process management as company dynamic capability improving relationship portfolio. Industrial Marketing Management, 46, 193–203.CrossRefGoogle Scholar
Monferrer, D., Blesa, A., & Ripollés, M. (2015). Born globals trough knowledge-based dynamic capabilities and network market orientation. Business Research Quarterly, 18(1), 18–36. 001Google Scholar
Monteiro, P. A., Soares, A. M., & Rua, O. L. (2017). Entrepreneurial orientation and export performance: The mediating effect of organisational resources and dynamic capabilities. Journal for International Business and Entrepreneurship Development, 10(1), 1–19.CrossRefGoogle Scholar
Mu, J. (2017). Dynamic capability and firm performance: The role of marketing capability and operations capability. IEEE Transactions on Engineering Management, 64(4), 554–565.CrossRefGoogle Scholar
Nakayama, M., & Sutcliffe, N. G. (2005). Exploratory analysis on the halo effect of strategic goals on IOS effectiveness evaluation. Information and Management, 42(2), 275–288.CrossRefGoogle Scholar
Nedzinskas, Š., Pundzienė, A., Buožiūtė-Rafanavičienė, S., & Pilkienė, M. (2013). The impact of dynamic capabilities on SME performance in a volatile environment as moderated by organizational inertia. Baltic Journal of Management, 8(4), 376–396.CrossRefGoogle Scholar
Nieves, J., & Haller, S. (2014). Building dynamic capabilities through knowledge resources. Tourism Management, 40, 224–232.CrossRefGoogle Scholar
Newbert, S.L. (2007). Empirical research on the resource-based view of the firm: An assessment and suggestions for future research. Strategic Management Journal, 28, 121–146.CrossRefGoogle Scholar
Park, K., & Kim, B.-K. (2013). Dynamic capabilities and new product development performance: Korean SMEs. Asian Journal of Technology Innovation, 21(2), 202–219.CrossRefGoogle Scholar
Pavlou, P. A., & El Sawy, O. A.. (2013). Understanding the ‘black box’ of dynamic capabilities. Management Science, 42(1), 239–227Google Scholar
Peng, Y.-P. M., & Lin, K.-H. (2017). The effect of global dynamic capabilities on internationalizing SMEs performance: Organizational culture factors as antecedents. The effect of global dynamic capabilities on internationalizing SMEs’. Baltic Journal of Management, 12(22), 19–15.CrossRefGoogle Scholar
Penrose, E. (1959). The theory of the growth of the firm (4th ed.). New York, NY: Oxford University Press.Google Scholar
Peteraf, M., Di Stefano, G., & Verona, G. (2013). The elephant in the room of dynamic capabilities: Bringing two diverging conversations together. Strategic Management Journal, 34, 1389–1410.CrossRefGoogle Scholar
Pezeshkan, A., Fainshmidt, S., Nair, A., Lance Frazier, M., & Markowski, E. (2016). An empirical assessment of the dynamic capabilities-performance relationship. Journal of Business Research, 69(8), 2950–2956.CrossRefGoogle Scholar
Piening, E. P., & Salge, T. O. (2015). Understanding the antecedents, contingencies, and performance implications of process innovation: A dynamic capabilities perspective. Journal of Product Innovation Management, 32(1), 80–97.CrossRefGoogle Scholar
Pinho, J. C., & Prange, C. (2016). The effect of social networks and dynamic internationalization capabilities on international performance. Journal of World Business, 51(3), 391–403.CrossRefGoogle Scholar
Plattfaut, R., Niehaves, B., Voigt, M., Malsbender, A., Ortbach, K., & Poeppelbuss, J. (2015). Service innovation performance and information technology: An empirical analysis from the dynamic capability perspective. International Journal of Innovation Management, 19(4), 1–30.CrossRefGoogle Scholar
Prasad, A., & Green, P. (2015). Organizational competencies and dynamic accounting information system capability: Impact on AIS processes and firm performance. Journal of Information Systems, 29(3), 123–149.CrossRefGoogle Scholar
Protogerou, A., Caloghirou, Y., & Lioukas, S. (2012). Dynamic capabilities and their indirect impact on firm performance. Industrial and Corporate Change, 21(3), 615–647.CrossRefGoogle Scholar
Rashidirad, M., Salimian, H., Soltani, E., & Fazeli, Z. (2017). Competitive strategy, dynamic capability, and value creation: Some empirical evidence from UK telecommunications firms. Strategic Change, 26(4), 333–342. 5.CrossRefGoogle Scholar
Ringov, D. (2017). Dynamic capabilities and firm performance. Long Range Planning, 50(5), 653–664.CrossRefGoogle Scholar
Santhanam, R., & Hartono, E. (2003). Issues in linking information technology capability to firm performance. Mis Quarterly, 27(1), 125–153.CrossRefGoogle Scholar
Saragih, R., Rahayu, A., & Wibowo, L. A. (2017). External environment impact on business performance in digital creative industry: Dynamic capability as mediating variable. International Journal of Applied Sciences, 4(9), 61–69.CrossRefGoogle Scholar
Sarkar, S., Coelho, D. M., & Maroco, J. (2016). Strategic orientations, dynamic capabilities, and firm performance: An analysis for knowledge intensive business services. Journal of the Knowledge Economy, 7(4), 1000–1020.CrossRefGoogle Scholar
Schilke, O. (2014a). On the contingent value of dynamic capabilities for competitive advantage: The nonlinear moderating effect of environmental dynamism. Strategic Management Journal, 35, 179–203.CrossRefGoogle Scholar
Schilke, O. (2014b). Second-order dynamic capabilities: How do they matter? Academy of Management Perspectives, 28(4), 368–380.CrossRefGoogle Scholar
Schilke, O., Hu, S., & Helfat, C. E. (2018). Quo vadis, dynamic capabilities? A content-analytic review of the current state of knowledge and recommendations for future research. Academy of Management Annals, 12(1), 390–439.CrossRefGoogle Scholar
Shafia, M. A., Shavvalpour, S., Hosseini, M., & Hosseini, R. (2016). Mediating effect of technological innovation capabilities between dynamic capabilities and competitiveness of research and technology organisations. Technology Analysis & Strategic Management, 28(7), 811–826.CrossRefGoogle Scholar
Sicotte, H., Drouin, N., & Delerue, H. (2014). Innovation portfolio management as a subset of dynamic capabilities: Measurement and impact on innovative performance. Project Management Journal, 45(6), 58–72.CrossRefGoogle Scholar
Stonehouse, G., & Snowdown, B. (2007). Competitive advantage revisited: Michael porter on strategy and competitiveness. Journal of Management Inquiry, 16(3), 256–273.CrossRefGoogle Scholar
Swoboda, B., & Olejnik, E. (2016). Linking processes and dynamic capabilities of international SMEs: The mediating effect of international entrepreneurial orientation. Journal of Small Business Management, 54(1), 139–161.CrossRefGoogle Scholar
Takahashi, A. R. W., Bulgacov, S., & Giacomini, M. M. (2017). Dynamic capabilities, operational capabilities (educational-marketing) and performance. Revista Brasileira de Gestao de Negocios, 19(65), 375–393.Google Scholar
Teece, D. J. (2007). Explicating Dynamic Capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28 (13), 1319–1350.CrossRefGoogle Scholar
Teece, D. J. (2018). Business models and dynamic capabilities. Long Range Planning, 51 (1), 40–49.CrossRefGoogle Scholar
Teece, D. J., Pisano, G., & Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic Management Journal, 18(7), 509–533.3.0.CO;2-Z>CrossRefGoogle Scholar
Tsai, P. C.-F., & Shih, C.-T. (2013). Responsible downsizing strategy as a panacea to firm performance: The role of dynamic capabilities. International Journal of Manpower, 34(8), 1015–1028.CrossRefGoogle Scholar
Tuan, N. P., & Yoshi, T. (2010). Organisational capabilities, competitive advantage and performance in supporting. Asian Academy of Management Journal, 15(1), 1–21.Google Scholar
Vanpoucke, E., Vereecke, A., & Wetzels, M. (2014). Developing supplier integration capabilities for sustainable competitive advantage: A dynamic capabilities approach. Journal of Operations Management, 32(7–8), 446–461.CrossRefGoogle Scholar
Vickery, S. K., Koufteros, X., & Droge, C. (2013). Does product platform strategy mediate the effects of supply chain integration on performance: A dynamic capabilities perspective. IEEE Transactions on Engineering Management, 60(4), 750–762.CrossRefGoogle Scholar
Vijaya, S. M., Ganesh, L., & Rahul, M. (2019). Dynamic capabilities: A morphological analysis framework and agenda for future research. European Business Review, 31(1), 25–63.Google Scholar
Villar, C., Alegre, J., & Pla-Barber, J. (2014). Exploring the role of knowledge management practices on exports: A dynamic capabilities view. International Business Review, 23(1), 38–44.CrossRefGoogle Scholar
Wamba, S. F., Gunasekaran, A., Akter, S., Ren, S. J., Dubey, R., & Childe, S. J. (2017). Big data analytics and firm performance: Effects of dynamic capabilities. Journal of Business Research, 70, 356–365.CrossRefGoogle Scholar
Wang, C.-H., & Hsu, L.-C. (2010). The influence of dynamic capability on performance in the high technology industry: The moderating roles of governance and competitive posture. African Journal of Business Management, 4(5), 562–577.Google Scholar
Wang, C. L., Senaratne, C., & Rafiq, M. (2015). Success traps, dynamic capabilities and firm performance. British Journal of Management, 26(1), 26–44.CrossRefGoogle Scholar
Wang, E., Klein, G., & Jiang, J. J. (2007). IT support in manufacturing firms for a knowledge management dynamic capability link to performance. International Journal of Production Research, 45(11), 2419–2434.CrossRefGoogle Scholar
Wilden, R., Devinney, T. M., & Dowling, G. R. (2016). The architecture of dynamic capability research identifying the building blocks of a configurational approach. Academy of Management Annals, 10(1), 997–1076.CrossRefGoogle Scholar
Wilden, R., & Gudergan, S. (2017). Service-dominant orientation, dynamic capabilities and firm performance. Journal of Service Theory and Practice, 27(4), 808–832.CrossRefGoogle Scholar
Wilden, R., & Gudergan, S. P. (2015). The impact of dynamic capabilities on operational marketing and technological capabilities: Investigating the role of environmental turbulence. Journal of the Academy of Marketing Science, 43(2), 181–199.CrossRefGoogle Scholar
Wilden, R., Gudergan, S. P., Nielsen, B. B., & Lings, I. (2013). Dynamic capabilities and performance: Strategy, structure and environment. Long Range Planning, 46(1–2), 72–96.CrossRefGoogle Scholar
Wilhelm, H., Schlömer, M., & Maurer, I. (2015). How dynamic capabilities affect the effectiveness and efficiency of operating routines under high and low levels of environmental dynamism. British Journal of Management, 26, 327–345.CrossRefGoogle Scholar
Winter, S. G. (2003). Understanding dynamic capabilities. Strategic Management Journal, 24(10), 991–995.CrossRefGoogle Scholar
Wu, H., Chen, J., & Jiao, H. (2016). Dynamic capabilities as a mediator linking international diversification and innovation performance of firms in an emerging economy. Journal of Business Research, 69(8), 2678–2686.CrossRefGoogle Scholar
Wu, L. (2010). Applicability of the resource-based and dynamic-capability views under environmental volatility. Journal of Business Research, 63(1), 27–31.CrossRefGoogle Scholar
Wu, L.-Y. (2006). Resources, dynamic capabilities and performance in a dynamic environment: Perceptions in Taiwanese IT enterprises. Information and Management, 43(4), 447–454.CrossRefGoogle Scholar
Wu, L. Y. (2007). Entrepreneurial resources, dynamic capabilities and start-up performance of Taiwan's high-tech firms. Journal of Business Research, 60(5), 549–555.CrossRefGoogle Scholar
Wu, S. H., Lin, L. Y., & Hsu, M. Y. (2007). Intellectual capital, dynamic capabilities and innovative performance of organisations. International Journal of Technology Management, 39(3/4), 279.CrossRefGoogle Scholar
Yi, Y., He, X., Ndofor, H., & Wei, Z. (2015). Dynamic capabilities and the speed of strategic change: Evidence from China. IEEE Transactions on Engineering Management, 62(1), 18–28.CrossRefGoogle Scholar
Yoshikuni, A. C., & Albertin, A. L. (2017). It-enabled dynamic capability on performance: An empirical study of BSC model. Revista de Administração de Empresas, 57(3), 215–231.CrossRefGoogle Scholar
Zahra, S., Sapienza, H. J., & Davidsson, P. (2006). Entrepreneurship and dynamic capabilities: A review, model and research agenda. Journal of Management Studies, 43(4), 917–955.CrossRefGoogle Scholar
Zhan, W., & Chen, R. (2013). Dynamic capability and IJV performance: The effect of exploitation and exploration capabilities. Asia Pacific Journal of Management, 30(2), 601–632.CrossRefGoogle Scholar
Zhang, J., & Wu, W. (2017). Leveraging internal resources and external business networks for new product success: A dynamic capabilities perspective. Industrial Marketing Management, 61, 170–181.CrossRefGoogle Scholar
Zheng, S., Zhang, W., & Du, J. (2011). Knowledge-based dynamic capabilities and innovation in networked environments. Journal of Knowledge Management, 15(6), 1035–1051.CrossRefGoogle Scholar
Zollo, M., & Winter, S. G. (2002). Deliberate learning and the evolution of dynamic capabilities. Organization Science, 13(3), 339–351.CrossRefGoogle Scholar
Zott, C. (2003). Dynamic capabilities and the emergence of intraindustry differential firm performance: Insights from a simulation study. Strategic Management Journal, 24(2), 97–125.CrossRefGoogle Scholar