Exploring the role of dynamic capabilities in firm performance under the resource-based view framework

This study investigates the role of dynamic capabilities in the resource-based view framework, and also explores the relationships among different resources, different dynamic capabilities and firm performance. Employing samples of top 1000 Taiwanese companies, the findings show that dynamic capabil...

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Bibliographic Details
Published in:Journal of business research 2014-03, Vol.67 (3), p.407-413
Main Authors: Lin, Yini, Wu, Lei-Yu
Format: Article
Language:English
Subjects:
Competitive advantage
Corporate histories
Dynamic capability
Integration
Learning
Mediating effect
Organizational learning
Reconfiguration
Resources
Studies
Value chain
VRIN
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Summary:This study investigates the role of dynamic capabilities in the resource-based view framework, and also explores the relationships among different resources, different dynamic capabilities and firm performance. Employing samples of top 1000 Taiwanese companies, the findings show that dynamic capabilities can mediate the firm's valuable, rare, inimitable and non-substitutable (VRIN) resources to improve performance. On the contrary, non-VRIN resources have an insignificant mediating effect. Among three types of dynamic capabilities, dynamic learning capability most effectively mediates the influence of VRIN resources on performance. Furthermore, the important role of VRIN resources is addressed because of their direct effects on performance based on RBV, as well as their indirect effect via the mediation of dynamic capabilities.
ISSN:0148-2963
1873-7978
DOI:10.1016/j.jbusres.2012.12.019