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Dynamic abilities as a necessary tool for new development and management of companies

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  • Nikiforova, Yu. M.

Abstract

The article discusses dynamic abilities that determine new opportunities in the management and development of companies in a rapidly changing environment. The need for research of a methodological nature is caused by the digitalization of society and digital transformation, which today affects all areas of business. The study of new organizational capabilities in relation to modern economic conditions is the fundamental scientific task of this study, since in order to develop and increase their own competitiveness in addition to the available resources (assets), organizations need to be able to create, integrate and reconfigure technologies and organizational-specific competencies. In this paper, the concepts of dynamic abilities and organizational abilities, presented by various academic economists, are considered. Dynamic models are proposed, one of which is a dynamic analytical model based on a resource-oriented approach, where dynamic potential consisting of dynamic capabilities and dynamic resources is the most important link. As a separate element of the dynamic potential, the absorptive potential is highlighted, which also influences the development of companies.

Suggested Citation

  • Nikiforova, Yu. M., 2019. "Dynamic abilities as a necessary tool for new development and management of companies," Journal of Modern Competition, Synergy University, vol. 13(1), pages 73-89.
    • Handle: RePEc:snr:mdrcmp:v:13:y:2019:i:1:p:73-89
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    File URL: https://www.moderncompetition.ru/jour/article/view/841
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