When the Dynamized become the Dynamizing: Do Dynamic Capabilities trigger Dynamism in the Firm's Environment?

Grunddaten zum Vortrag

Informationen zur Veranstaltung

Zusammenfassung

We offer new theory on the consequences of dynamic capabilities to change in the firm's environment. We leverage opportunity creation theory to hypothesize that firm-level dynamic capabilities can induce variations to its industry that create opportunities. As a firm continuously creates new configurations of resources and activities underpinning dynamic capabilities, it can promote subsequent changes to how firms around it configure their resource bundles. We introduce the concept of environmental responsiveness and argue that its central catalysts, i.e., environmental munificence, environmental complexity, competitors' response capabilities, and competitors' size act as enablers and inhibitors of the extent to which the firm's dynamic capability deployment triggers subsequent variations, i.e., resource base changes, among competitors. We find support for our theory using a unique text-based dataset of idiosyncratic ecosystems comprising more than 14 million ecosystem-level observations based on the product portfolios of 5,822 publicly-traded firms in the USA for the years 1996 to 2016.

Vortragende der Universität Münster

Jung, Christopher

Lehrstuhl für Betriebswirtschaftslehre, insbesondere Unternehmensführung (Prof. Nüesch)