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Dynamic Capabilities and Performance

Author

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  • Lucia Naldi
  • Patrik Wikström
  • M. Bjørn Von Rimscha

Abstract

This study tests Teece's conceptualization of dynamic capabilities in the context of small and medium-size firms competing in creative industries, in particular the European audiovisual production industry. This industry is characterized by immature and evolving markets where firms' dynamic capabilities are expected to lead to superior innovative performance. Using survey data from audiovisual producers in ten European countries we find that both sensing and seizing capabilities have a positive effect on firms' innovative performance. The effect, however, is curvilinear, and positive effects appear after when capabilities overcome a threshold level.

Suggested Citation

  • Lucia Naldi & Patrik Wikström & M. Bjørn Von Rimscha, 2014. "Dynamic Capabilities and Performance," International Studies of Management & Organization, Taylor & Francis Journals, vol. 44(4), pages 63-82, January.
    • Handle: RePEc:taf:mimoxx:v:44:y:2014:i:4:p:63-82
    DOI: 10.2753/IMO0020-8825440404
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    Cited by:

    1. Maja Pervan & Marijana Curak & Tomislava Pavic Kramaric, 2017. "The Influence of Industry Characteristics and Dynamic Capabilities on Firms’ Profitability," IJFS, MDPI, vol. 6(1), pages 1-19, December.
    2. Haarhaus, Tim & Liening, Andreas, 2020. "Building dynamic capabilities to cope with environmental uncertainty: The role of strategic foresight," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    3. Ates, Aylin & Acur, Nuran, 2022. "Making obsolescence obsolete: Execution of digital transformation in a high-tech manufacturing SME," Journal of Business Research, Elsevier, vol. 152(C), pages 336-348.

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