Environmental dynamism, hostility, and dynamic capabilities in medium-sized enterprises. (August 2017)
- Record Type:
- Journal Article
- Title:
- Environmental dynamism, hostility, and dynamic capabilities in medium-sized enterprises. (August 2017)
- Main Title:
- Environmental dynamism, hostility, and dynamic capabilities in medium-sized enterprises
- Authors:
- Frank, Hermann
Güttel, Wolfgang
Kessler, Alexander - Abstract:
- Global crises, disruptive technologies, or business models, as well as increasing cost pressure constantly require firm responses to sustain competitive advantage. The dynamic capabilities (DC) approach addresses the firm's ability to innovate and to reconfigure in order to cope with a dynamic environment. In our study, we investigate the impact of environmental dynamics and hostility on DC in 120 Austrian medium-sized enterprises. Our quantitative analysis indicates a significant relation between environmental dynamism and DC of medium-sized enterprises: The higher environmental dynamism in the firm's environment is, the more prevailing and important are DC. We further reveal, in detail, that different DC in medium-sized enterprises are important when environmental dynamism and/or environmental hostility increase. In particular, searching, learning, and flexibility rise as a result of an increase in environmental dynamism. However, hostility in the firm's environment only has an impact on searching opportunities and threats. DC for process efficiency are important both in high velocity and in moderately dynamic markets. Finally, firms in high-velocity environments perform in an ambidextrous mode combining DC for exploration and exploitation concurrently.
- Is Part Of:
- International journal of entrepreneurship and innovation. Volume 18:Number 3(2017)
- Journal:
- International journal of entrepreneurship and innovation
- Issue:
- Volume 18:Number 3(2017)
- Issue Display:
- Volume 18, Issue 3 (2017)
- Year:
- 2017
- Volume:
- 18
- Issue:
- 3
- Issue Sort Value:
- 2017-0018-0003-0000
- Page Start:
- 185
- Page End:
- 194
- Publication Date:
- 2017-08
- Subjects:
- ambidexterity -- dynamic capabilities -- environmental dynamism -- exploitation -- exploration -- firm performance -- hostility -- organizational learning -- SMEs
Entrepreneurship -- Periodicals
Business -- Periodicals
Entrepreneurship
Business
Periodicals
338.0405 - Journal URLs:
- http://iei.sagepub.com/ ↗
http://www.uk.sagepub.com/home.nav ↗
http://www.ingentaconnect.com/content/ip/ije ↗ - DOI:
- 10.1177/1465750317723219 ↗
- Languages:
- English
- ISSNs:
- 1465-7503
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 7672.xml