Clarifying the conditions and limits of the contributions of ordinary and dynamic capabilities to relative firm performance

Strategic Management Journal

Volumn 32, Issue 3, 2011, Pages 254-279

  Drnevich, Paul L ^a   Kriauciunas, Aldas P ^b  

^a UNIVERSITY OF ALABAMA   (United States)

^b PURDUE UNIVERSITY   (United States)

Author keywords

capabilities; environmental dynamism; firm performance; heterogeneity

Indexed keywords

ENTERPRISE RESOURCE MANAGEMENT;

CAPABILITIES; DYNAMIC CAPABILITIES; DYNAMIC ENVIRONMENTS; ENVIRONMENTAL DYNAMISMS; FIRM PERFORMANCE; HETEROGENEITY; PERFORMANCE MEASURE; RELATIVE FIRM PERFORMANCE;

INDUSTRIAL MANAGEMENT;

EID: 78651103870     PISSN: 01432095     EISSN: 10970266     Source Type: Journal    
DOI: 10.1002/smj.882     Document Type: Article

References (82)

1. Amit R, Schoemaker PJH,. 1993. Strategic assets and organizational rent. Strategic Management Journal 14 (1): 33-46.
2. Armstrong C, Shimizu K,. 2007. A review of approaches to empirical research on the resource-based view of the firm. Journal of Management 33 (6): 959-986.
3. Barney J,. 1991. Firm resources and sustained competitive advantage. Journal of Management 17 (1): 99-120.
4. Barney J,. 2001. Is the resource-based view a useful perspective for strategic management research? Yes. Academy of Management Review 26 (1): 40-56.
5. Barua A, Konana P, Whinston AB, Yin F,. 2004. An empirical investigation of net-enabled business value. MIS Quarterly 28 (4): 585-620.
6. Barua A, Kriebel C, Mukhopadhyay T,. 1995. Information technologies and business value: an analytic and empirical investigation. Information Systems Research 6 (1): 3-23.
7. Bettis RA, Prahalad CK,. 1995. The dominant logic: retrospective and extension. Strategic Management Journal 16 (1): 5-14.
8. Bharadwaj A,. 2000. A resource-based perspective on information technology capability and firm performance: an empirical investigation. MIS Quarterly 24 (1): 169-196.
9. Brush TH, Artz KW,. 1999. Toward a contingent resource-based theory: the impact of information asymmetry on the value of capabilities in veterinary medicine. Strategic Management Journal 20 (3): 223-250.
10. Capron L, Dussauge P, Mitchell W,. 1998. Resource redeployment following horizontal acquisitions in Europe and North America, 1988-1992. Strategic Management Journal 19 (7): 631-661. (Pubitemid 128468550)
11. Carr N,. 2004. Does IT Matter? Information Technology and the Corrosion of Competitive Advantage. Harvard Business School Press: Boston, MA.
12. Chmielewski DA, Paladino A,. 2007. Driving a resource orientation: reviewing the role of resource and capability characteristics. Management Decision 45 (3): 462-483.
13. Collis DJ,. 1994. How valuable are organizational capabilities? Strategic Management Journal, Winter Special Issue 15: 143-152.
14. Cyert RM, March JG,. 1963. A Behavioral Theory of the Firm. Prentice-Hall: Englewood Cliffs, NJ.
15. D'Aveni RA, Dagnino GB, Smith KG,. 2008. The age of temporary advantage? Call for papers for special issue of Strategic Management Journal strategicmanagement.net/pdfs/SMJCall200805.pdf (8, May 2008).
16. DiMaggio PJ, Powell WW,. 1983. The iron cage revisited: institutional isomorphism and collective rationality in organizational fields. American Sociological Review 48 (2): 147-160.
17. Dosi G, Nelson R, Winter S,. 2000. Introduction: the nature and dynamics of organizational capabilities. In Nature and Dynamics of Organizational Capabilities, Dosi G, Nelson R, Winter SG, (eds). Oxford University Press: New York; 1-21.
18. Dutta S, Narasimhan O, Rajiv S,. 2005. Conceptualizing and measuring capabilities: methodology and empirical application. Strategic Management Journal 26 (3): 277-285.
19. Eisenhardt K,. 1989. Making fast strategic decisions in high velocity environments. Academy of Management Journal 32 (3): 543-576.
20. Eisenhardt KM, Martin JAM,. 2000. Dynamic capabilities: what are they? Strategic Management Journal, October-November Special Issue 21: 1105-1121.
21. Filatotchev I, Buck T, Zhukov V,. 2000. Downsizing in privatized firms in Russia, Ukraine, and Belarus. Academy of Management Journal 43 (3): 286-304.
22. Garg VK, Walters BA, Priem RI,. 2003. Chief executive scanning emphases, environmental dynamism, and manufacturing firm performance. Strategic Management Journal 24 (8): 725-744.
23. Greenwood R, Hinings CR,. 1993. Understanding strategic change: the contribution of archetypes. Academy of Management Journal 36 (5): 1052-1081.
24. Greve HR,. 2009. Bigger and safer: the diffusion of competitive advantage. Strategic Management Journal 30 (1): 1-23.
25. Helfat CE, Finkelstein S, Mitchell W, Peteraf MA, Singh H, Teece DJ, Winter SG,. 2007. Dynamic Capabilities. Blackwell: Malden, MA.
26. Helfat CE, Peteraf MA,. 2003. The dynamic resource-based view: capability lifecycles. Strategic Management Journal, October Special Issue 24: 997-1010.
27. Hitt M, Bierman L, Shimizu K, Kockhar R,. 2001. Direct and moderating effects of human capital on strategy and performance in professional service firms: a resource-based perspective. Academy of Management Journal 44 (1): 13-28.
28. Hoopes D, Madsen T,. 2008. A capability-based view of competitive heterogeneity. Industrial and Corporate Change 17 (3): 393-427.
29. Hoopes DG, Madsen TL, Walker G,. 2003. Why is there a resource-based view? Toward a theory of competitive heterogeneity. Strategic Management Journal, October Special Issue 24: 889-902.
30. Hoskisson RE, Eden L, Ming Lau C, Wright M,. 2000. Strategy in emerging economies. Academy of Management Journal 43 (3): 249-267.
31. Hult GTM, Ketchen DJ Jr,. 2001. Does market orientation matter? A test of the relationship between positional advantage and performance. Strategic Management Journal 22 (9): 899-906.
32. Jensen MC, Meckling WH,. 1976. Theory of the firm: managerial behavior, agency costs and ownership structure. Journal of Financial Economics 3 (4): 305-360.
33. Kaleka A,. 2002. Resources and capabilities driving competitive advantage in export markets: guidelines for industrial exporters. Industrial Marketing Management 31 (3): 273-283.
34. Keeney RL, Raiffa H,. 1993. Decisions with Multiple Objectives: Preferences and Value Tradeoffs. Cambridge University Press: Cambridge, UK.
35. Khanna T, Rivkin JW,. 2001. Estimating the performance effects of business groups in emerging markets. Strategic Management Journal 22 (1): 45-74.
36. Klepper S, Graddy E,. 1990. The evolution of new industries and the determinants of market structure. RAND Journal of Economics 21 (1): 27-44.
37. Kriauciunas A, Kale P,. 2006. The impact of socialist imprinting and search on resource change: a study of firms in Lithuania. Strategic Management Journal 27 (7): 659-679.
38. Lai F, Li D, Qiang Q, Zhao X,. 2008. The information technology capability of third party logistics providers: a resource-based view and empirical test from China. Journal of Supply Chain Management 9 (1): 21-36.
39. Leiblein MJ, Madsen TL,. 2009. Unbundling competitive heterogeneity: incentive structures and capability influences on technological innovation. Strategic Management Journal 30 (7): 711-735.
40. Leonard-Barton D,. 1992. Core capabilities and core rigidities: a paradox in managing new product development. Strategic Management Journal, Summer Special Issue 13: 111-125.
41. Lyles M, Baird I,. 1994. Performance of international joint ventures in two Eastern European countries: the case of Hungary and Poland. Management International Review 34 (4): 313-329.
42. Makadok R,. 2001. Toward a synthesis of the resource-based and dynamic-capability views of rent creation. Strategic Management Journal 22 (5): 387-401.
43. Makadok R,. 2010. The interaction effect of rivalry restraint and competitive advantage on profit: why the whole is less than the sum of the parts. Management Science 56 (2): 356-372.
44. Matusik SF,. 2002. An empirical investigation of firm public and private knowledge. Strategic Management Journal 23 (5): 457-467.
45. May R, Stewart W Jr, Sweo R,. 2000. Environmental scanning behavior in a transitional economy: evidence from Russia. Academy of Management Journal 43 (2): 403-427.
46. Melville N, Kraemer K, Gurbaxani V,. 2004. Review: information technology and organizational performance: an integrative model of IT business value. MIS Quarterly 28 (2): 283-322.
47. Mesquita LF, Anand J, Brush TH,. 2008. Comparing the resource-based and relational views: knowledge transfer and spillover in vertical alliances. Strategic Management Journal 29 (9): 913-941.
48. Miller D,. 2003. An asymmetry-based view of advantage: towards an attainable sustainability. Strategic Management Journal, October Special Issue 24: 961-976.
49. Miller D, Friesen PH,. 1983. Strategy-making and environment: the third link. Strategic Management Journal 4 (3): 221-235.
50. Miller KD, Leiblein MJ,. 1996. Corporate risk-return relations: returns variability versus downside risk. Academy of Management Journal 39 (1): 91-122.
51. Miller KD, Reuer JJ,. 1996. Measuring organizational downside risk. Strategic Management Journal 17 (9): 671-691.
52. Newbert SL,. 2007. Empirical research on the resource-based view of the firm: an assessment and suggestions for future research. Strategic Management Journal 28 (2): 121-146.
53. Newbert SL,. 2008. Value, rareness, competitive advantage, and performance: a conceptual-level empirical investigation of the resource-based view of the firm. Strategic Management Journal 29 (7): 745-768.
54. Nunnally J,. 1978. Psychometric Theory (2nd edn). McGraw-Hill: New York.
55. Ordanini A, Rubera G,. 2008. Strategic capabilities and Internet resources in procurement: a resource-based view of B-to-B buying process. International Journal of Operations & Production Management 28 (1): 27-52.
56. Pearce J,. 1991. From socialism to capitalism: the effects of Hungarian human resources practices. Academy of Management Executive 5 (4): 75-88.
57. Peng MW, York AS,. 2001. Behind intermediary performance in export trade: transactions, agents, and resources. Journal of International Business Studies 32 (2): 327-346.
58. Peteraf MA,. 1993. The cornerstones of competitive advantage: a resource-based view. Strategic Management Journal 14 (3): 179-191.
59. Piccoli G, Ives B,. 2005. IT-dependent strategic initiatives and sustained competitive advantage: a review and synthesis of the literature. MIS Quarterly 29 (4): 747-776.
60. Podsakoff P, MacKenzie S, Lee J-Y, Podsakoff N,. 2003. Common method biases in behavioral research: a critical review of the literature and recommended remedies. Journal of Applied Psychology 88: 879-903.
61. Porter M,. 1980. Competitive Strategy: Techniques for Analyzing Industries and Competitors. Free Press: New York.
62. Porter M,. 1985. Competitive Advantage: Creating and Sustaining Superior Performance. Free Press: New York.
63. Ray G, Barney JB, Muhanna WA,. 2004. Capabilities, business processes, and competitive advantage: choosing the dependent variable in empirical tests of the resource-based view. Strategic Management Journal 25 (1): 23-37.
64. Roth P,. 1994. Missing data: a conceptual review for applied psychologists. Personnel Psychology 47: 537-560.
65. Roth P, Switzer FS III, Switzer DM,. 1999. Missing data in multiple item scales: a Monte Carlo analysis of missing data techniques. Organizational Research Methods 2 (3): 211-232.
66. Ruefli TW, Collins JM, Lacugna JR,. 1999. Risk measures in strategic management research: auld lang syne? Strategic Management Journal 20 (2): 167-194.
67. Rumelt R,. 1982. Diversification strategy and profitability. Strategic Management Journal 3 (4): 359-369.
68. Sakakibara M,. 1997. Heterogeneity of firm capabilities and cooperative research and development: an empirical examination of motives. Strategic Management Journal, Summer Special Issue 18: 143-164.
69. Schroeder RG, Bates KA, Junttila MA,. 2002. A resource-based view of manufacturing strategy and the relationship to manufacturing performance. Strategic Management Journal 23 (2): 105-117.
70. Simerly RL, Li M,. 2000. Environmental dynamism, capital structure and performance: a theoretical integration and an empirical test. Strategic Management Journal 21 (1): 31-49.
71. Tallon PP,. 2008. Inside the adaptive enterprise: an information technology capabilities perspective on business process agility. Information Technology and Management 9 (1): 21-36.
72. Teece DJ, Pisano G, Shuen A,. 1997. Dynamic capabilities and strategic management. Strategic Management Journal 18 (7): 509-533.
73. Van de Ven AH,. 1986. Central problems in the management of innovation. Management Science 32 (5): 590-607.
74. Wang CK, Ang BL,. 2004. Determinants of venture performance in Singapore. Journal of Small Business Management 42 (4): 347-363.
75. Wernerfelt B,. 1984. A resource-based view of the firm. Strategic Management Journal 5 (2): 171-180.
76. Williamson O,. 1975. Markets and Hierarchies: Analysis and Antitrust Implications. Free Press: New York.
77. Williamson O,. 1991. Strategizing, economizing, and economic organization. Strategic Management Journal, Winter Special Issue 12: 75-94.
78. Winter SG,. 2003. Understanding dynamic capabilities. Strategic Management Journal, Winter Special Issue 24 (10): 991-995.
79. Zander U, Kogut B,. 1995. Knowledge and the speed of the transfer and imitation of organizational capabilities: an empirical test. Organization Science 6 (1): 76-92.
80. Zhu K,. 2004. The complementarity of information technology infrastructure and e-commerce capability: a resource-based assessment of their business value. Journal of Management Information Systems 21 (1): 167-202.
81. Zhu K, Kraemer K,. 2002. E-commerce metrics for net-enhanced organizations: assessing the value of e-commerce to firm performance in the manufacturing sector. Information Systems Research 13 (3): 275-295.
82. Zou S, Fang E, Zhao S,. 2003. The effect of export marketing capabilities on export performance: an investigation of Chinese exporters. Journal of International Marketing 11 (4): 32-55.