How Dynamic Capabilities Affect the Effectiveness and Efficiency of Operating Routines under High and Low Levels of Environmental Dynamism

British Journal of Management - Tập 26 Số 2 - Trang 327-345 - 2015
Hendrik Wilhelm1, Maren Schlömer2, Indre Maurer3
1Seminar for Business Administration Corporate Development and Organization University of Cologne D‐50923 Cologne Germany
2Knapheide GmbH Hydraulik‐Systeme D‐59269 Beckum Germany
3Chair of Organization and Corporate Development Göttingen University D‐37073 Göttingen Germany

Tóm tắt

In analysing data on the purchasing routines of 200 small and medium‐sized enterprises (SMEs), this study underscores the overall importance of dynamic capabilities as a way to understand differences in operating‐routine performance. The results suggest that dynamic capabilities have different performance effects in high‐dynamic and low‐dynamic environments. Dynamic capabilities enhance the effectiveness of operating routines under both high and low levels of environmental dynamism. Yet, when analysing the efficiency of operating routines, taking into account the costs of increased effectiveness, dynamic capabilities appear to pay off only under high levels of environmental dynamism.

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British Journal of Management

Tập 26 Số 2

327-345

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