Dynamic capabilities exploitation of market and hierarchy governance structures: An empirical comparison of Taiwan and South Korea
This empirical investigation reports on the role of drivers of dynamic learning mechanisms (DLMs) in exploiting dynamic capabilities (DCs) of market and hierarchy governance structures. Using a sample of 367 Taiwanese market and 210 South Korean hierarchy organizations, this study differentiates the role of drivers of DLMs in these organizations to provide more robust insights into DCs exploitation in polar governance structures. This study posits that learning intent and embedded learning are important primary antecedent drivers of DCs exploitation. The findings reveal that manager integration power, external linkages, codification of experience, and ambiguity are key drivers of DCs exploitation in market governance structures. External linkages, repeated practice, codification of experience, and ambiguity are key drivers of DCs exploitation in hierarchy governance structures. These results show that DCs exist in specialized learning routines and that DCs exploitation is based on organizational DLMs. This study highlights an influential innovation routine view of DCs exploitation and proposes a clear theoretical model of DCs exploitation via the exploitation of various drivers of DLMs.
Volume (Year): 46 (2011)
Issue (Month): 3 (July)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/620401/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/journaldescription.cws_home/620401/bibliographic|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Luo, Yadong, 2000. "Dynamic capabilities in international expansion," Journal of World Business, Elsevier, vol. 35(4), pages 355-378, January.
- Ingemar Dierickx & Karel Cool, 1989. "Asset Stock Accumulation and Sustainability of Competitive Advantage," Management Science, INFORMS, vol. 35(12), pages 1504-1511, December.
- Weerawardena, Jay & Mort, Gillian Sullivan & Liesch, Peter W. & Knight, Gary, 2007. "Conceptualizing accelerated internationalization in the born global firm: A dynamic capabilities perspective," Journal of World Business, Elsevier, vol. 42(3), pages 294-306, September.
- Jean-François Hennart & Young-Ryeol Park, 1993. "Greenfield vs. Acquisition: The Strategy of Japanese Investors in the United States," Management Science, INFORMS, vol. 39(9), pages 1054-1070, September.
- Teece, David J., 1980. "Economies of scope and the scope of the enterprise," Journal of Economic Behavior & Organization, Elsevier, vol. 1(3), pages 223-247, September.
- Harbir Singh & Maurizio Zollo, 1998. "The Impact of Knowledge Codification, Experience Trajectories and Integration Strategies on the Performance of Corporate Acquisitions," Center for Financial Institutions Working Papers 98-24, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Ingemar Dierickx & Karel Cool, 1989. "Asset Stock Accumulation and the Sustainability of Competitive Advantage: Reply," Management Science, INFORMS, vol. 35(12), pages 1514-1514, December.
- Henderson, Rebecca. & Cockburn, Iain., 1994. "Measuring competence? : exploring firm effects in pharmaceutical research," Working papers 3712-94., Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Keith W. Glaister, 1996. "Strategic Motives For International Alliance Formation," Journal of Management Studies, Wiley Blackwell, vol. 33(3), pages 301-332, 05.
- D Minbaeva & T Pedersen & I Bj�rkman & C F Fey & H J Park, 2003. "MNC knowledge transfer, subsidiary absorptive capacity, and HRM," Journal of International Business Studies, Palgrave Macmillan, vol. 34(6), pages 586-599, November.
- K. Jöreskog, 1971. "Statistical analysis of sets of congeneric tests," Psychometrika, Springer, vol. 36(2), pages 109-133, June.
- S.A. Lippman & R.P. Rumelt, 1982. "Uncertain Imitability: An Analysis of Interfirm Differences in Efficiency under Competition," Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 418-438, Autumn.
- Malik, Omar R., 2008. "Adapting to market liberalization: The role of dynamic capabilities, initial resource conditions, and strategic path choices in determining evolutionary fitness of Less Developed Country (LDC) firms," Journal of International Management, Elsevier, vol. 14(3), pages 217-231, September.
- Bernard L Simonin, 2004. "An empirical investigation of the process of knowledge transfer in international strategic alliances," Journal of International Business Studies, Palgrave Macmillan, vol. 35(5), pages 407-427, September.
When requesting a correction, please mention this item's handle: RePEc:eee:worbus:v:46:y:2011:i:3:p:359-370. See general information about how to correct material in RePEc.
If references are entirely missing, you can add them using this form.