Skip to main navigation menu Skip to main content Skip to site footer

Vol. 11 No. 2 (2023)
June 2023

Articles

The interplay of dynamic capabilities and innovation output in family and non-family companies: The moderating effect of environmental dynamism

https://doi.org/10.15678/EBER.2023.110203

Published 2023-06-30

Tomasz Ingram
University of Economics in Katowice

Teresa Kraśnicka
Department of Entrepreneurship and Management Innovation, University of Economics in Katowice

Abstract

Objective: In the article, we aim to test the relationship between dynamic capabilities (DCs) and innovation output as moderated by environmental dynamism and establish if there are significant differences between family and non-family firms in this regard.

Research Design & Methods: To test three research hypotheses we employed quantitative research methodology. Our results are based on the data from 211 family and 211 non-family companies from the Polish post-transition economy. Results were analyzed using multigroup structural equation modelling.

Findings: Results indicate that DCs can be justifiably perceived in two dimensions (sensing and seizing; reconfiguring) and these dimensions influence the innovation output in both family and non-family businesses, however, this impact varies. The environmental dynamism does not significantly moderate the basic relationship, but it influences the level of innovation output in non-family businesses. Models estimated for family and non-family businesses are significantly different, which proves that subtle differences between these two groups of companies exist.

Implications & Recommendations: In the article, we enrich the theory of innovation in family firms and show how subtle differences create a different portrait of relationships between DCs and innovation in these types of companies.

Contribution & Value Added: To our knowledge, it is the first study to show how family businesses are different from their non-family counterparts with respect to relationships between DCs and innovation output as measured by the number of new products and solutions.

       

Keywords

dynamic capabilities, environmental dynamism, family business, structural equation modelling

(PDF) Save

Author Biography

Tomasz Ingram

University of Economics in Katowice

Department of Entrepreneurship and Innovation Management

Teresa Kraśnicka

Teresa Kraśnicka, professor (Department of Entrepreneurship and Management Innovation, the University of Economics in Katowice). Her research interests include family business studies, entrepreneurship and innovation, and strategic management.

References

  1. Akram, M.U., Ghosh, K., & Sharma, D. (2022). A systematic review of innovation in family firms and future research agenda. International Journal of Emerging Markets, 17(7), 1759-1792. https://doi.org/10.1108/ijoem-06-2021-0936
  2. Amabile, T.M. (1988). A model of creativity and innovation in organizations. Research in Organizational Be-havior, 10(1), 123-167.
  3. Amann, B., & Jaussaud, J. (2012). Family and non-family business resilience in an economic downturn. Asia Pacific Business Review, 18(2), 203-223. https://doi.org/10.1080/13602381.2010.537057
  4. Ambrosini, V., & Bowman, C. (2009). What are dynamic capabilities and are they a useful construct in stra-tegic management?. International Journal of Management Reviews, 11(1), 29-49. https://doi.org/10.1111/j.1468-2370.2008.00251.x
  5. Andriopoulos, C., & Lewis, M.W. (2009). Exploitation-Exploration Tensions and Organizational Ambidexteri-ty: Managing Paradoxes of Innovation. Organization Science, 20(4), 696-717. https://doi.org/10.1287/orsc.1080.0406
  6. Ardi, A., Djati, S.P., Bernarto, I., Subidjo, N., Yulianeu, A., Nanda, H.A., & Nanda, K.A. (2020). The secret to enhancing innovativeness in the digial industry. International Journal of Innovation, Creativity and Change, 12(12), 225-243.
  7. Arzubiaga, U., Kotlar, J., De Massis, A., Maseda, A., & Iturralde, T. (2018). Entrepreneurial orientation and innovation in family SMEs: Unveiling the (actual) impact of the Board of Directors. Journal of Business Venturing, 33(4), 455-469. https://doi.org/10.1016/j.jbusvent.2018.03.002
  8. Barney, J.B., & Clark, D.N. (2007). Resource-based theory: Creating and sustaining competitive advantage. OUP Oxford.
  9. Barney, J., Wright, M., & Ketchen, D.J. (2001). The resource-based view of the firm: Ten years after 1991. Journal of Management, 27(6), 625-641. https://doi.org/10.1177/014920630102700601
  10. Barros, I., Hernangómez, J., & Martin-Cruz, N. (2016). A theoretical model of strategic management of family firms. A dynamic capabilities approach. Journal of Family Business Strategy, 7(3), 149-159. https://doi.org/10.1016/j.jfbs.2016.06.002
  11. Basco, R. (2015). Family business and regional development—A theoretical model of regional familiness. Family Business and Regional Development, 6(4), 259-271. https://doi.org/10.1016/j.jfbs.2015.04.004
  12. Bharadwaj, S., & Menon, A. (2000). Making Innovation Happen in Organizations: Individual Creativity Mech-anisms, Organizational Creativity Mechanisms or Both?. Journal of Product Innovation Management, 17(6), 424-434. https://doi.org/10.1111/1540-5885.1760424
  13. Borch, O.J., & Madsen, E.L. (2007). Dynamic capabilities facilitating innovative strategies in SMEs. Interna-tional Journal of Technoentrepreneurship, 1(1), 109-125. https://doi.org/10.1504/IJTE.2007.014731
  14. Breznik, L., & Hisrich, R. (2014). Dynamic capabilities vs. Innovation capability: Are they related?. Journal of Small Business and Enterprise Development, 21(3), 368-384. https://doi.org/10.1108/JSBED-02-2014-0018
  15. Brines, S., Shepherd, D., & Woods, C. (2013). SME family business innovation: Exploring new combinations. Journal of Family Business Management, 3(2), 117-135. https://doi.org/10.1108/JFBM-01-2012-0002
  16. Brinkerink, J. (2018). Broad Search, Deep Search, and the Absorptive Capacity Performance of Family and Nonfamily Firm R&D. Family Business Review, 31(3), 295-317. https://doi.org/10.1177/0894486518775187
  17. Broekaert, W., Andries, P., & Debackere, K. (2016). Innovation processes in family firms: the relevance of organizational flexibility. Small Business Economics, 47, 771-785. https://doi.org/10.1007/s11187-016-9760-7
  18. Brune, A., Thomsen, M., & Watrin, C. (2019). Family Firm Heterogeneity and Tax Avoidance: The Role of the Founder. Family Business Review, 32(3), 296-317. https://doi.org/10.1177/0894486519831467
  19. Büschgens, T., Bausch, A., & Balkin, D.B. (2013). Organizational Culture and Innovation: A Meta-Analytic Review. Journal of Product Innovation Management, 30(4), 763-781. https://doi.org/10.1111/jpim.12021
  20. Calabrò, A., Vecchiarini, M., Gast, J., Campopiano, G., De Massis, A., & Kraus, S. (2019). Innovation in family firms: A systematic literature review and guidance for future research. International Journal of Manage-ment Reviews, 21(3), 317-355. https://doi.org/10.1111/ijmr.12192
  21. Camisón, C., & Monfort-Mir, V.M. (2012). Measuring innovation in tourism from the Schumpeterian and the dynamic-capabilities perspectives. Tourism Management, 33(4), 776-789. https://doi.org/10.1016/j.tourman.2011.08.012
  22. Camisón-Zornoza, C., Forés-Julián, B., Puig-Denia, A., & Camisón-Haba, S. (2020). Effects of ownership struc-ture and corporate and family governance on dynamic capabilities in family firms. International Entre-preneurship and Management Journal, 16(4), 1393-1426. https://doi.org/10.1007/s11365-020-00675-w
  23. Cassia, L., De Massis, A., & Pizzurno, E. (2012). Strategic innovation and new product develop-ment in family firms. International Journal of Entrepreneurial Behavior & Research, 18(2), 198-232. https://doi.org/10.1108/13552551211204229
  24. Chatzoglou, P., & Chatzoudes, D. (2018). The role of innovation in building competitive advantages: an em-pirical investigation. European Journal of Innovation Management, 21(1), 44-69. https://doi.org/10.1108/EJIM-02-2017-0015
  25. Chen, K.Y., & Huan, T.C. (2022). Explore how SME family businesses of travel service industry use market knowledge for product innovation. Journal of Business Research, 151, 519-530. https://doi.org/10.1016/j.jbusres.2022.07.033
  26. Cheung, C.W.M. (2016). Exploitative learning and entrepreneurial opportunity recognition of a family busi-ness in Hong Kong during and after the Second World War. Journal of Entrepreneurship in Emerging Economies, 8(3), 321-334. https://doi.org/10.1108/jeee-06-2015-0035
  27. Chirico, F., & Nordqvist, M. (2010). Dynamic capabilities and trans-generational value creation in family firms: The role of organizational culture. International Small Business Journal, 28(5), 487-504. https://doi.org/10.1177/0266242610370402
  28. Chrisman, J.J., Chua, J.H., & Kellermanns, F. (2009). Priorities, Resource Stocks, and Performance in Family and Nonfamily Firms. Entrepreneurship Theory and Practice, 33(3), 739-760. https://doi.org/10.1111/j.1540-6520.2009.00324.x
  29. Classen, N., Van Gils, A., Bammens, Y., & Carree, M. (2012). Accessing Resources from Innovation Partners: The Search Breadth of Family SMEs. Journal of Small Business Management, 50(2), 191-215. https://doi.org/10.1111/j.1540-627X.2012.00350.x
  30. Cuervo-Cazurra, A., Gaur, A., & Singh, D. (2019). Pro-market institutions and global strategy: The pendulum of pro-market reforms and reversals. Journal of International Business Studies, 50(4), 598-632. https://doi.org/10.1057/s41267-019-00221-z
  31. De Massis, A., Audretsch, D., Uhlaner, L., & Kammerlander, N. (2018). Innovation with Limited Resources: Management Lessons from the G erman Mittelstand. Journal of Product Innovation Management, 35(1), 125-146. https://doi.org/10.1111/jpim.12373
  32. De Massis, A., Frattini, F., Kotlar, J., Petruzzelli, A.M., & Wright, M. (2016). Innovation Through Tradition: Lessons From Innovative Family Businesses and Directions for Future Research. Academy of Manage-ment Perspectives, 30(1), 93-116. https://doi.org/10.5465/amp.2015.0017
  33. De Massis, A., Frattini, F., & Lichtenthaler, U. (2013). Research on Technological Innovation in Family Firms: Present Debates and Future Directions. Family Business Review, 26(1), 10-31. https://doi.org/10.1177/0894486512466258
  34. De Massis, A., Frattini, F., Pizzurno, E., & Cassia, L. (2015). Product Innovation in Family versus Nonfamily Firms: An Exploratory Analysis. Journal of Small Business Management, 53(1), 1-36. https://doi.org/10.1111/jsbm.12068
  35. De Massis, A., Kotlar, J., & Manelli, L. (2021). Family Firms, Family Boundary Organizations, and the Family-Related Organizational Ecosystem. Family Business Review, 34(4), 350-364. https://doi.org/10.1177/08944865211052195
  36. Di Stefano, G., Peteraf, M., & Verona, G. (2014). The Organizational Drivetrain: A Road To Inte-gration of Dynamic Capabilities Research. Academy of Management Perspectives, 28(4), 307-327. https://doi.org/10.5465/amp.2013.0100
  37. Diéguez-Soto, J., Manzaneque, M., & Rojo-Ramírez, A.A. (2016). Technological Innovation Inputs, Outputs, and Performance: The Moderating Role of Family Involvement in Management. Family Business Review, 29(3), 327-346. https://doi.org/10.1177/0894486516646917
  38. Ding, X., Fu, X., & Yang, Z. (2022). Open Innovation and Resource Flexibility in Times of Crisis: The Roles of Firm Characteristics. Academy of Management Proceedings, 2022(1), 11758. https://doi.org/10.5465/AMBPP.2022.11758abstract
  39. Dreux, D.R. (1990). Financing Family Business: Alternatives to Selling Out or Going Public. Family Business Review, 3(3), 225-243. https://doi.org/10.1111/j.1741-6248.1990.00225.x
  40. Duarte Alonso, A., Kok, S., & O’Shea, M. (2018). Family Businesses and Adaptation: A Dynamic Capabilities Approach. Journal of Family and Economic Issues, 39(4), 683-698. https://doi.org/10.1007/s10834-018-9586-3
  41. Duran, P., Kammerlander, N., van Essen, M., & Zellweger, T. (2016). Doing More with Less: Inno-vation Input and Output in Family Firms. Academy of Management Journal, 59(4), 1224-1264. https://doi.org/10.5465/amj.2014.0424
  42. Eisenhardt, K.M., & Martin, J.A. (2000). Dynamic capabilities: What are they?. Strategic Management Journal, 21(10-11), 1105-1121. https://doi.org/10.1002/1097-0266(200010/11)21:10/11<1105::AID-SMJ133>3.0.CO;2-E
  43. Fang, H., Kotlar, J., Memili, E., Chrisman, J.J., & De Massis, A. (2018). The pursuit of international opportuni-ties in family firms: Generational differences and the role of knowledge‐based resources. Global Strate-gy Journal, 8(1), 136-157. https://doi.org/10.1002/gsj.1197
  44. Ferreira, J., Coelho, A., & Moutinho, L. (2020). Dynamic capabilities, creativity and innovation capability and their impact on competitive advantage and firm performance: The moderating role of entrepreneurial orientation. Stimulating Innovation and Entrepreneurship in High-Technology Sectors -the Role of Cultural and Creative Industries, 92-93, 102061. https://doi.org/10.1016/j.technovation.2018.11.004
  45. Filser, M., De Massis, A., Gast, J., Kraus, S., & Niemand, T. (2018). Tracing the Roots of Innovativeness in Family SMEs: The Effect of Family Functionality and Socioemotional Wealth. Journal of Product Innova-tion Management, 35(4), 609-628. https://doi.org/10.1111/jpim.12433
  46. Fitz‐Koch, S., & Nordqvist, M. (2017). The Reciprocal Relationship of Innovation Capabilities and Socioemo-tional Wealth in a Family Firm. Journal of Small Business Management, 55(4), 547-570. https://doi.org/10.1111/jsbm.12343
  47. Fuetsch, E., & Suess-Reyes, J. (2017). Research on innovation in family businesses: Are we building an ivory tower?. Journal of Family Business Management, 7(1), 44-92. https://doi.org/10.1108/JFBM-02-2016-0003
  48. Gedajlovic, E., Carney, M., Chrisman, J.J., & Kellermanns, F.W. (2012). The Adolescence of Family Firm Re-search: Taking Stock and Planning for the Future. Journal of Management, 38(4), 1010-1037. https://doi.org/10.1177/0149206311429990
  49. Getz, D., & Carlsen, J. (2000). Characteristics and goals of family and owner-operated businesses in the rural tourism and hospitality sectors. Tourism Management, 21(6), 547-560. https://doi.org/10.1016/S0261-5177(00)00004-2
  50. Girod, S.J., & Whittington, R. (2017). Reconfiguration, restructuring and firm performance: Dynamic capabili-ties and environmental dynamism. Strategic Management Journal, 38(5), 1121-1133. https://doi.org/10.1002/smj.2543
  51. Gomez–Mejia, L.R., Campbell, J.T., Martin, G., Hoskisson, R.E., Makri, M., & Sirmon, D.G. (2014). Socioemo-tional Wealth as a Mixed Gamble: Revisiting Family Firm R&D Investments with the Behavioral Agency Model. Entrepreneurship Theory and Practice, 38(6), 1351-1374. https://doi.org/10.1111/etap.12083
  52. Gómez-Mejía, L.R., Haynes, K.T., Núñez-Nickel, M., Jacobson, K.J.L., & Moyano-Fuentes, J. (2007). Socioemo-tional Wealth and Business Risks in Family-controlled Firms: Evidence from Spanish Olive Oil Mills. Ad-ministrative Science Quarterly, 52(1), 106-137. https://doi.org/10.2189/asqu.52.1.106
  53. Gunawan, S., & Koentjoro, S. (2023). Orchestration to improve the performance and sustainability of family companies. Cogent Business & Management, 10(1), 2176283. https://doi.org/10.1080/23311975.2023.2176283
  54. Greenhaus, J.H., & Beutell, N.J. (1985). Sources of Conflict Between Work and Family Roles. Academy of Management Review, 10(1), 76-88. https://doi.org/10.5465/amr.1985.4277352
  55. Habbershon, T.G., & Williams, M.L. (1999). A Resource-Based Framework for Assessing the Strategic Ad-vantages of Family Firms. Family Business Review, 12(1), 1-25. https://doi.org/10.1111/j.1741-6248.1999.00001.x
  56. Helfat, C.E., & Peteraf, M.A. (2003). The dynamic resource-based view: Capability lifecycles. Strategic Man-agement Journal, 24(10), 997-1010. https://doi.org/10.1002/smj.332
  57. Hernández-Linares, R., & López-Fernández, M.C. (2020). Entrepreneurial Orientation, Learning Orientation, Market Orientation, and Organizational Performance: Family Firms Versus Non-Family Firms. European Journal of Family Business, 10(1), 6-19. https://doi.org/10.24310/ejfbejfb.v10i1.6780
  58. Hernández-Perlines, F., Ariza-Montes, A., & Araya-Castillo, L. (2020). Socioemotional wealth, entrepreneurial orientation and international performance of family firms. Economic research-Ekonomska istraživanja, 33(1), 3125-3145. https://doi.org/10.1080/1331677x.2019.1685398
  59. Hernández-Perlines, F., Xu, W., Araya-Castillo, L.A., & Ariza-Montes, A. (2022). Dynamic absorptive and inno-vative capabilities as determinants of family business performance. International Journal of Business En-vironment, 13(3), 235-258. https://doi.org/10.1504/ijbe.2022.10046145
  60. Jaskiewicz, P., Block, J.H., Combs, J.G., & Miller, D. (2017). The Effects of Founder and Family Ownership on Hired CEOs’ Incentives and Firm Performance. Entrepreneurship Theory and Practice, 41(1), 73-103. https://doi.org/10.1111/etap.12169
  61. Jones, O., Ghobadian, A., O’Regan, N., & Antcliff, V. (2013). Dynamic capabilities in a sixth-generation family firm: Entrepreneurship and the Bibby Line. Business History, 55(6), 910-941. https://doi.org/10.1080/00076791.2012.744590
  62. Jurksiene, L., & Pundziene, A. (2016). The relationship between dynamic capabilities and firm competitive advantage: The mediating role of organizational ambidexterity. European Business Review, 28(4), 431-448. https://doi.org/10.1108/EBR-09-2015-0088
  63. Kellermanns, F., Eddleston, K., Sarathy, R., & Murphy, F. (2012). Innovativeness in family firms: A family in-fluence perspective. Small Business Economics, 38(1), 85-101.
  64. Kets de Vries, M.F.R. (1993). The dynamics of family controlled firms: The good and the bad news. Organiza-tional Dynamics, 21(3), 59-71. https://doi.org/10.1016/0090-2616(93)90071-8
  65. Kosmidou, V., & Ahuja, M.K. (2019). A Configurational Approach to Family Firm Innovation. Family Business Review, 32(2), 154-173. https://doi.org/10.1177/0894486519827738
  66. Kraus, S., Pohjola, M., & Koponen, A. (2012). Innovation in family firms: an empirical analysis linking organi-zational and managerial innovation to corporate success. Review of Managerial Science, 6, 265-286. https://doi.org/10.1007/s11846-011-0065-6
  67. 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. https://doi.org/10.1002/smj.537
  68. Kump, B., Engelmann, A., Kessler, A., & Schweiger, C. (2019). Toward a dynamic capabilities scale: measuring organizational sensing, seizing, and transforming capacities. Industrial and Corporate Change, 28(5), 1149-1172. https://doi.org/10.1093/icc/dty054
  69. Kurtmollaiev, S., Lervik-Olsen, L., & Andreassen, T.W. (2022). Competing through innovation: Let the cus-tomer judge!. Journal of Business Research, 153, 87-101. https://doi.org/10.1016/j.jbusres.2022.08.002
  70. Laaksonen, O., & Peltoniemi, M. (2018). The Essence of Dynamic Capabilities and their Measurement. Inter-national Journal of Management Reviews, 20(2), 184-205. https://doi.org/10.1111/ijmr.12122
  71. Le Breton–Miller, I., & Miller, D. (2006). Why Do Some Family Businesses Out–Compete? Governance, Long–Term Orientations, and Sustainable Capability. Entrepreneurship Theory and Practice, 30(6), 731-746. https://doi.org/10.1111/j.1540-6520.2006.00147.x
  72. Lessard, D., Teece, D.J., & Leih, S. (2016). The Dynamic Capabilities of Meta-Multinationals. Global Strategy Journal, 6(3), 211-224. https://doi.org/10.1002/gsj.1126
  73. Li, Z., & Daspit, J.J. (2016). Understanding family firm innovation heterogeneity. Journal of Family Business Management, 6(2), 103-121. https://doi.org/10.1108/JFBM-02-2015-0010
  74. Lichtenthaler, U., & Muethel, M. (2012). Retracted: The impact of family involvement on dynamic innovation capabilities: Evidence from German manufacturing firms. Entrepreneurship Theory and Practice, 36(6), 1235-1253. https://doi.org/10.1111/j.1540-6520.2012.00548.x
  75. Lin, Y., & Wu, L.-Y. (2014). Exploring the role of dynamic capabilities in firm performance under the resource-based view framework. Journal of Business Research, 67(3), 407-413. https://doi.org/10.1016/j.jbusres.2012.12.019
  76. Lumpkin, G.T., Brigham, K.H., & Moss, T. W. (2010). Long-term orientation: Implications for the entrepre-neurial orientation and performance of family businesses. Entrepreneurship & Regional Development, 22(3-4), 241-264. https://doi.org/10.1080/08985621003726218
  77. Mariussen, Å., Wheelock, J., & Baines, S. (1997). The Family Business Tradition in Britain and Norway. Inter-national Studies of Management & Organization, 27(3), 64-85. https://doi.org/10.1080/00208825.1997.11656713
  78. Memili, E., Chang, E.P.C., Kellermanns, F.W., & Welsh, D.H.B. (2015). Role conflicts of family members in family firms. European Journal of Work and Organizational Psychology, 24(1), 143-151. https://doi.org/10.1080/1359432X.2013.839549
  79. Mennens, K., Van Gils, A., Odekerken-Schröder, G., & Letterie, W. (2018). Exploring antecedents of service innovation performance in manufacturing SMEs. International Small Business Journal, 36(5), 500-520. https://doi.org/10.1177/0266242617749687
  80. Miller, D., & Friesen, P.H. (1983). Strategy‐making and environment: the third link. Strategic Management Journal, 4(3), 221-235. https://doi.org/10.1002/smj.4250040304
  81. Minichilli, A., Nordqvist, M., Corbetta, G., & Amore, M.D. (2014). CEO Succession Mechanisms, Organization-al Context, and Performance: A Socio-Emotional Wealth Perspective on Family-Controlled Firms. Journal of Management Studies, 51(7), 1153-1179. https://doi.org/10.1111/joms.12095
  82. Nedzinskas, Š., Pundzienė, A., Buožiūtė-Rafanavičienė, S., & Pilkienė, M. (2013). The impact of dynamic ca-pabilities on SME performance in a volatile environment as moderated by organizational inertia. Baltic Journal of Management, 8(4), 376-396. https://doi.org/10.1108/BJM-01-2013-0003
  83. Neubaum, D.O., & Payne, G.T. (2021). The Centrality of Family. Family Business Review, 34(1), 6-11. https://doi.org/10.1177/0894486521995268
  84. Ortiz-Villajos, J.M., & Sotoca, S. (2018). Innovation and business survival: A long-term approach. Research Policy, 47(8), 1418-1436. https://doi.org/10.1016/j.respol.2018.04.019
  85. Oslo Manual. (2018). Guidelines for collecting, reporting and using data on innovation. The measurement of Scientific, Technological and Innovation Activities. 4th Edition. https://doi. org/10.1787/9789264304604-en
  86. Parida, V., & Örtqvist, D. (2015). Interactive Effects of Network Capability, ICT Capability, and Financial Slack on Technology-Based Small Firm Innovation Performance. Journal of Small Business Management, 53(S1), 278-298. https://doi.org/10.1111/jsbm.12191
  87. Pearson, A.W., Carr, J.C., & Shaw, J.C. (2008). Toward a Theory of Familiness: A Social Capital Perspective. Entrepreneurship Theory and Practice, 32(6), 949-969. https://doi.org/10.1111/j.1540-6520.2008.00265.x
  88. Perry-Smith, J.E., & Mannucci, P.V. (2017). From Creativity to Innovation: The Social Network Drivers of the Four Phases of the Idea Journey. Academy of Management Review, 42(1), 53-79. https://doi.org/10.5465/amr.2014.0462
  89. Peteraf, M., Di Stefano, G., & Verona, G. (2013). The elephant in the room of dynamic capabili-ties: Bringing two diverging conversations together. Strategic Management Journal, 34(12), 1389-1410. https://doi.org/10.1002/smj.2078
  90. Pittino, D., Visintin, F., & Mazzurana, P.A.M. (2017). Chapter 9: Alliance governance in entrepre-neurial firms: The influence of family control and organizational size. Edward Elgar Publishing. https://doi.org/10.4337/9781782545569.00017
  91. Qingliang, M., Yi, H., Xiaojun, C., & Qiaoyi, C. (2021). Value co-creation mechanisms of multi-agent participa-tion in crowdsourcing innovation: A grounded theory study. Journal of Intelligent & Fuzzy Systems, 41(4), 4995-5006. https://doi.org/10.3233/JIFS-189986
  92. Ringberg, T., Reihlen, M., & Rydén, P. (2019). The technology-mindset interactions: Leading to incremental, radical or revolutionary innovations. Industrial Marketing Management, 79, 102-113. https://doi.org/10.1016/j.indmarman.2018.06.009
  93. Ringov, D. (2017). Dynamic capabilities and firm performance. Long Range Planning, 50(5), 653-664. https://doi.org/10.1016/j.lrp.2017.02.005
  94. Rosenbusch, N., Rauch, A., & Bausch, A. (2013). The Mediating Role of Entrepreneurial Orientation in the Task Environment–Performance Relationship: A Meta-Analysis. Journal of Management, 39(3), 633-659. https://doi.org/10.1177/0149206311425612
  95. Ruscio, J., & Roche, B. (2012). Determining the number of factors to retain in an exploratory factor analysis using comparison data of known factorial structure. Psychological Assessment, 24(2), 282. https://doi.org/10.1037/a0025697
  96. Ruggiero, P., & Cupertino, S. (2018). CSR Strategic Approach, Financial Resources and Corporate Social Per-formance: The Mediating Effect of Innovation. Sustainability, 10(10). https://doi.org/10.3390/su10103611
  97. Salvato, C., & Melin, L. (2008). Creating Value Across Generations in Family-Controlled Businesses: The Role of Family Social Capital. Family Business Review, 21(3), 259-276. https://doi.org/10.1177/08944865080210030107
  98. Sanchez-Famoso, V., Maseda, A., & Iturralde, T. (2014). The role of internal social capital in organisational innovation. An empirical study of family firms. European Management Journal, 32(6), 950-962. https://doi.org/10.1016/j.emj.2014.04.006
  99. Sánchez-Sellero, P., Rosell-Martínez, J., & García-Vázquez, J.M. (2014). Absorptive capacity from foreign di-rect investment in Spanish manufacturing firms. International Business Review, 23(2), 429-439. https://doi.org/10.1016/j.ibusrev.2013.06.006
  100. Schilke, O. (2014). Second-Order Dynamic Capabilities: How Do They Matter?. Academy of Management Per-spectives, 28(4), 368-380. https://doi.org/10.5465/amp.2013.0093
  101. Schilke, O., Hu, S., & Helfat, C.E. (2018). Quo Vadis, Dynamic Capabilities? A Content-Analytic Review of the Current State of Knowledge and Recommendations for Future Research. Academy of Management An-nals, 12(1), 390-439. https://doi.org/10.5465/annals.2016.0014
  102. Schulze, W.S., Lubatkin, M.H., Dino, R.N., & Buchholtz, A.K. (2001). Agency Relationships in Family Firms: Theory and Evidence. Organization Science, 12(2), 99-116. https://doi.org/10.1287/orsc.12.2.99.10114
  103. Short, J.C., Moss, T.W., & Lumpkin, G.T. (2009). Research in social entrepreneurship: Past contributions and future opportunities. Strategic Entrepreneurship Journal, 3(2), 161-194. https://doi.org/10.1002/sej.69
  104. Singh, N., Sinha, N., & Liébana-Cabanillas, F.J. (2020). Determining factors in the adoption and recommenda-tion of mobile wallet services in India: Analysis of the effect of innovativeness, stress to use and social influence. International Journal of Information Management, 50, 191-205. https://doi.org/10.1016/j.ijinfomgt.2019.05.022
  105. Slater, S.F., Mohr, J.J., & Sengupta, S. (2014). Radical Product Innovation Capability: Literature Review, Syn-thesis, and Illustrative Research Propositions. Journal of Product Innovation Management, 31(3), 552-566. https://doi.org/10.1111/jpim.12113
  106. Stanley, L.J., Hernández-Linares, R., López-Fernández, M.C., & Kellermanns, F.W. (2019). A Typology of Family Firms: An Investigation of Entrepreneurial Orientation and Performance. Family Business Review, 32(2), 174-194. https://doi.org/10.1177/0894486519838120
  107. Strønen, F., Hoholm, T., Kværner, K., & Støme, L.N. (2017). Dynamic capabilities and innovation capabilities: The case of the ‘Innovation Clinic’. Journal of Entrepreneurship, Management and Innovation, 13(1), 89-116.
  108. Suddaby, R., Coraiola, D., Harvey, C., & Foster, W. (2020). History and the micro-foundations of dynamic capabilities. Strategic Management Journal, 41(3), 530-556. https://doi.org/10.1002/smj.3058
  109. Sutcliffe, K.M. (1994). What Executives Notice: Accurate Perceptions in Top Management Teams. Academy of Management Journal, 37(5), 1360-1378. https://doi.org/10.5465/256677
  110. Stieglitz, N., Knudsen, T., & Becker, M.C. (2016). Adaptation and inertia in dynamic environments. Strategic Management Journal, 37(9), 1854-1864. https://doi.org/10.1002/smj.2433
  111. Teece, D.J. (2007). Explicating dynamic capabilities: The nature and microfoundations of (sustainable) enter-prise performance. Strategic Management Journal, 28(13), 1319-1350. https://doi.org/10.1002/smj.640
  112. Teece, D.J. (2014). The Foundations of Enterprise Performance: Dynamic and Ordinary Capabili-ties in an (Economic) Theory of Firms. Academy of Management Perspectives, 28(4), 328-352. https://doi.org/10.5465/amp.2013.0116
  113. Teece, D.J., Pisano, G., & Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic Man-agement Journal, 18(7), 509-533. https://doi.org/10.1002/(SICI)1097-0266(199708)18:7<509::AID-SMJ882>3.0.CO;2-Z
  114. Teece, D., Peteraf, M., & Leih, S. (2016). Dynamic Capabilities and Organizational Agility: Risk, Uncertainty, and Strategy in the Innovation Economy. California Management Review, 58(4), 13-35. https://doi.org/10.1525/cmr.2016.58.4.13
  115. Thomsen, S., & Pedersen, T. (2000). Ownership structure and economic performance in the largest European companies. Strategic Management Journal, 21(6), 689-705. https://doi.org/10.1002/(SICI)1097-0266(200006)21:6<689::AID-SMJ115>3.0.CO;2-Y
  116. Ucbasaran, D., Shepherd, D.A., Lockett, A., & Lyon, S.J. (2013). Life After Business Failure: The Process and Consequences of Business Failure for Entrepreneurs. Journal of Management, 39(1), 163-202. https://doi.org/10.1177/0149206312457823
  117. Uhlaner, L.M., van Stel, A., Duplat, V., & Zhou, H. (2013). Disentangling the effects of organizational capabili-ties, innovation and firm size on SME sales growth. Small Business Economics, 41(3), 581-607. https://doi.org/10.1007/s11187-012-9455-7
  118. Hieu Minh, V.U. (2020). A Review of Dynamic Capabilities, Innovation Capabilities, Entrepreneurial Capabili-ties and Their Consequences. The Journal of Asian Finance, Economics and Business, 7(8), 485-494. https://doi.org/10.13106/JAFEB.2020.VOL7.NO8.485
  119. Wang, Y. (2016). Investigating dynamic capabilities of family businesses in China: a social capital perspective. Journal of Small Business and Enterprise Development, 23(4), 1057-1080. https://doi.org/10.1108/jsbed-12-2015-0175
  120. Wang, C.L., & Ahmed, P.K. (2007). Dynamic capabilities: A review and research agenda. International Journal of Management Reviews, 9(1), 31-51. https://doi.org/10.1111/j.1468-2370.2007.00201.x
  121. Warner, K.S.R., & Wäger, M. (2019). Building dynamic capabilities for digital transformation: An ongoing process of strategic renewal. Long Range Planning, 52(3), 326-349. https://doi.org/10.1016/j.lrp.2018.12.001
  122. Waterwall, B., & Alipour, K.K. (2021). Nonfamily employees’ perceptions of treatment in family businesses: Implications for organizational attraction, job pursuit intentions, work attitudes, and turnover inten-tions. Journal of Family Business Strategy, 12(3), 100387. https://doi.org/10.1016/j.jfbs.2020.100387
  123. Weerawardena, J., & Mavondo, F.T. (2011). Capabilities, innovation and competitive advantage. Industrial Marketing Management, 40(8), 1220-1223. https://doi.org/10.1016/j.indmarman.2011.10.012
  124. Weimann, V., Gerken, M., & Hülsbeck, M. (2020). Business model innovation in family firms: dynamic capa-bilities and the moderating role of socioemotional wealth. Journal of Business Economics, 90, 369-399. https://doi.org/10.1007/s11573-019-00958-x
  125. Werner, A., Schröder, C., & Chlosta, S. (2018). Driving factors of innovation in family and non-family SMEs. Small Business Economics, 50(1), 201-218. https://doi.org/10.1007/s11187-017-9884-4
  126. Wilden, R., & Gudergan, S.P. (2015). The impact of dynamic capabilities on operational marketing and tech-nological capabilities: investigating the role of environmental turbulence. Journal of the Academy of Marketing Science, 43, 181-199. https://doi.org/10.1007/s11747-014-0380-y
  127. Wilden, R., Gudergan, S.P., Nielsen, B.B., & Lings, I. (2013). Dynamic Capabilities and Performance: Strategy, Structure and Environment. PLS applications in strategic management: Partial Least Squares modeling in strategy research, 46(1), 72-96. https://doi.org/10.1016/j.lrp.2012.12.001
  128. Winter, S.G. (2003). Understanding dynamic capabilities. Strategic Management Journal, 24(10), 991-995. https://doi.org/10.1002/smj.318
  129. Yeow, A., Soh, C., & Hansen, R. (2018). Aligning with new digital strategy: A dynamic capabilities approach. The Journal of Strategic Information Systems, 27(1), 43-58. https://doi.org/10.1016/j.jsis.2017.09.001
  130. Zellweger, T.M., Kellermanns, F.W., Eddleston, K.A., & Memili, E. (2012). Building a family firm image: How family firms capitalize on their family ties. Journal of Family Business Strategy, 3(4), 239-250. https://doi.org/10.1016/j.jfbs.2012.10.001
  131. Zheng, S., Zhang, W., & Du, J. (2011). Knowledge‐based dynamic capabilities and innovation in networked environments. Journal of Knowledge Management, 15(6), 1035-1051. https://doi.org/10.1108/13673271111179352

Downloads

Download data is not yet available.

Similar Articles

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 > >> 

You may also start an advanced similarity search for this article.