When the Dynamized become the Dynamizing: Do Dynamic Capabilities trigger Dynamism in the Firm's Environment?
Basic data for this talk
Type of talk: scientific talk
Name der Vortragenden: Jung, Christopher
Date of talk: 13/08/2019
Talk language: English
Information about the event
Name of the event: 79th Annual Meeting of the Academy of Management: Understanding the Inclusive Organization
Event period: 09/08/2019 - 13/09/2019
Event location: Boston, MA, USA
Event website: http://aom.org/Meetings/annualmeeting/2019/AOM-2019-Understanding-the-Inclusive-Organization.aspx
Organised by: Academy of Management
Abstract
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.Keywords: Dynamic capabilities; intra-industry dynamism; routines
Speakers from the University of Münster
| Jung, Christopher | Lehrstuhl für Betriebswirtschaftslehre, insbesondere Unternehmensführung (Prof. Nüesch) |