Browse > Article
http://dx.doi.org/10.29214/damis.2018.37.1.002

The Influence of Dynamic Capabilities on the Competitive Capabilities and Performance of Export Venture Firms in Korea  

Hwang, Kyung-Yun (Chungnam National University)
Sung, Eul-Hyun (Chungnam National University)
Cho, Dae-Woo (School of Business, Chungnam National University)
Publication Information
Management & Information Systems Review / v.37, no.1, 2018 , pp. 19-40 More about this Journal
Abstract
The purpose of this study is to analyze the effects of a firm's dynamic capabilities measured by sensing, seizing, transforming, coordinating, and learning capabilities on its competitive capabilities, such as product quality, process flexibility, delivery speed, and low cost. The relationship among dynamic capabilities, competitive capabilities, and export firm performance is set up as a research model based on empirical studies related to the existing dynamic capability perspective and competitive capabilities. To test this research model, this study collected 102 samples of data using a questionnaire survey on both manufacturing and exporting firms. The partial least squares method is used and the following results are derived from an empirical analysis. First, dynamic capabilities have a positive effect on competitive capabilities, such as product quality, process flexibility, delivery speed, and low cost. Second, product quality and process flexibility have a positive effect on export firm performance. Third, unlike previous research results, this study finds that the competitive capabilities of a firm in the areas of delivery speed and low cost do not significantly affect its performance. These findings provide meaningful implications for export venture firms that need to acquire and maintain competitive advantage in a rapidly changing environment.
Keywords
Dynamic Capabilities; Competitive Capabilities; Firm Performance;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
연도 인용수 순위
1 Day, G. S. and Schoemaker, P. (2016), "Adapting to Fast: Changing Markets and Technologies", California Management Review, 58, 59-77.   DOI
2 Efrat, K., Hughes, P., Nemkova, E., Souchon, A. L. and Sy-Changco, J. (2018), "Leveraging of Dynamic Export Capabilities for Competitive Advantage and Performance Consequences: Evidence from China", Journal of Business Research, 84, 114-124.   DOI
3 Fornell, C. and Larcker, D. F. (1981), "Evaluating Structural Equation Models with Unobservable Variables and Measurement Error", Journal of Marketing Research, 18(1), 39-50.   DOI
4 Helfat, C. E. (1997), "Know-how and Asset Complementarity and Dynamic Capability Accumulation: The Case of R&D", Strategic Management Journal, 18(5), 339-360.   DOI
5 Huarng, K. H. (2010), "Essential Research in Technology Management", Journal of Business Research, 63(5), 451-453.   DOI
6 Hung, R. Y. Y., Yang, B., Lien, B. Y. H., McLean, G. N. and Kuo, Y. M. (2010), "Dynamic Capability: Impact of Process Alignment and Organizational Learning Culture on Performance", Journal of World Business, 45(3), 285-294.   DOI
7 Jiao, H., Alon, I, Koo, C. K. and Cui Y. (2013), "When should Organizational Change be Implemented? The Moderating Effect of Environmental dynamism between Dynamic Capabilities and New Venture Performance", Journal of Engineering and Technology Management, 30(2), 188-205.   DOI
8 Kristal, M. M., Huang, X. and Roth, A. V. (2010), "The Effect of an Ambidextrous Supply Chain Strategy on Combinative Competitive Capabilities and Business Performance", Journal of Operations Management, 28(5), 415-429.   DOI
9 -Mathieson, K., Peacock, E. and Chin, W. W. (2001), "Extending the Technology Acceptance Model: The Influence of Perceived User Resources", The DATA BASE for Advances in Information Systems, 32(3), 86-112.   DOI
10 Nieves, J. and Haller, S. (1024), "Building Dynamic Capabilities through Knowledge Resources", Tourism Management, 40, 224-232.   DOI
11 O'Reilly, C. A. and Tushman, M. L. (2008), "Ambidexterity as a Dynamic Capability: Resolving the Innovator's Dilemma", Research in Organizational Behavior, 28 (1), 185-206.   DOI
12 Oliveira, P., Roth, A. V. and Gilland, W. (2002), "Achieving Competitive Capabilities in E-services", Technological Forecasting and Social Change, 69(7), 721-739.   DOI
13 Pavlou, P. A., and El Sawy, O. A. (2011), "Understanding the Elusive Black Box of Dynamic Capabilities", Decision Sciences, 42(1), 239-273.   DOI
14 Pezeshkan, A., Fainshmidt, S., Nair, A., Frazier, M. L., and Markowski, E. (2016), "An Empirical Assessment of the Dynamic Capabilities-performance Relationship", Journal of Business Research, 69(8), 2950-2956.   DOI
15 Podsakoff, P. M. and Organ, D. W. (1986), "Self-reports in Organizational Research: Problems and Prospects", Journal of Management, 12(4), 531-544.   DOI
16 Porter, M. E. (1980), Competitive Strategy: Techniques for Analysing Industries and Competitors, New York: Free Press.
17 Prakash, G. (2014), "QOS in the Internal Supply Chain: The Next Lever of Competitive Advantage and Organizational Performance", Production Planning & Control, 25(7), 572-591.   DOI
18 Ringle, C. M., Wende, S. and Will, A. (2005), SmartPLS 2.0(M3) Beta, Retrieved from, http://www.smartpls.de
19 Rosenzweig, E. D., Roth, A. V., Dean Jr., J. W. (2003). "The Influence of an Integration Strategy on Competitive Capabilities and Business Performance: An Exploratory Study of Consumer Products Manufacturers", Journal of Operations Management, 21(4), 437-456.   DOI
20 Ringov, D. (2017), "Dynamic Capabilities and Firm Performance", Long Range Planning, 50(5), 653-664.   DOI
21 Roth, A. V. and Jackson, W. J. (1995), "Strategic Determinants of Service Quality and Performance", Management Science, 41(11), 1720-1733.   DOI
22 Roth, A. V. and Miller, J. (1992), "Success factors in manufacturing", Business Horizons, 35(4), 73-81.   DOI
23 Teece, D., Pisano, G. and Shuen, A. (1997), "Dynamic Capabilities and Strategic Management", Strategic Management Journal, 18, 509-533.   DOI
24 Tenenhaus, M., Vinzi, V. E., Chatelin, Y. M. and Lauro, C. (2005), "PLS Path Modeling", Computational Statistics & Data Analysis, 48(1), 159-205.   DOI
25 Urbach, N. and Ahlemann, F. (2010), "Structural Equation Modeling in Information Systems Research using Partial Least Squares", Journal of Information Technology Theory and Application, 11(2), 5-40.
26 Vanpoucke, E. Vereecke, A. and Wetzels, M. (2014), "Developing Supplier Integration Capabilities for Sustainable Competitive Advantage: A Dynamic Capabilities Approach", Journal of Operations Management, 32(7-8), 446-461.   DOI
27 Wetzels, M., Odekerken-Schroder, G. and van Oppen C. (2009), "Using PLS Path Modeling for Assessing Hierarchical Construct Models: Guidelines and Empirical Illustration", MIS Quarterly, 33(1), 177-195.   DOI
28 Wohlgemuth, V. and Wenzel, M. (2016), "Dynamic Capabilities and Routinization", Journal of Business Research, 69(5), 1944-1948.   DOI
29 Wilden, R., Gudergan, S. P., Nielsen, B. B. and Lings, I. (2013), "Dynamic Capabilities and Performance: Strategy, Structure and Environment", Long Range Planning, 46, 72-96.   DOI
30 Wilson, B. and Henseler, J. (2007), "Modeling Reflective Higher-order Constructs Using Three Approaches with PLS Path Modeling: A Monte Carlo Comparison", Australian and New Zealand Marketing Academy Conference, Otago, Australia, 791-800.
31 Wu, L. (2010), "Applicability of the Resource -based and Dynamic-capability Views under Environmental Volatility", Journal of Business Research, 63, 27-31.   DOI
32 Yam, R. C. M., Guan, J. E., Pun, K. F., and Tang, P. Y. (2004), "An Audit of Technological Innovation Capabilities in Chinese Firms: Some Empirical Findings in Beijing", China, Research Policy, 33(8), 1123-1250.   DOI
33 Zhou, K. Z. and Li, C. B. (2010), "How Strategic Orientations Influence the Building of Dynamic Capability in Emerging Economies", Journal of Business Research, 63(3), 224-231.   DOI
34 NICE평가정보 KISVALUE(2016. 3. 15.) Available at https://www.kisvalue.com/
35 Makkonen, H., Pohjola, M., Olkkonen, R. and Koponen, A. (2014), "Dynamic Capabilities and Firm Performance in a Financial Crisis", Journal of Business Research, 67(1), 2707-2719.   DOI
36 Teece, D. (2007), "Explicating Dynamic Capabilities: The Nature and Microfoundations of (sustainable) Enterprise Performance", Strategic Management Journal, 28, 1319-1350.   DOI
37 Leonidou, L. C., Palihawadana, D., and Theodosiou, M. (2011), "National Exportpromotion Programs as Drivers of Organizational Resources and Capabilities: Effects on Strategy, Competitive Advantage, and Performance", Journal of International Marketing, 19(2), 1-29.
38 Chiu, C., Cheng, H., Huang, H. and Chen, C. (2013), "Exploring Individuals' Subjective Well-being and Loyalty towards Social Network Sites from the Perspective of Network Externalities: The Facebook Case", International Journal of Information Management, 33, 539-552.   DOI
39 Kuo, S., Lin, P. and Lu, C. (2017), "The Effects of Dynamic Capabilities, Service Capabilities, Competitive Advantage, and Organizational Performance in Container Shipping", Transportation Research Part A: Policy and Practice, 95, 356-371.   DOI
40 Leonard-Barton, D. (1992), "Core Capabilities and Core Rigidities: A Paradox in Managing New Product Development", Strategic Management Journal, 13(S1), 111-125.   DOI
41 Li, D. and Liu, J. (2014), "Dynamic Capabilities, Environmental Dynamism, and Competitive Advantage: Evidence from China", Journal of Business Research, 67(1), 2793-2799.   DOI
42 Li, Y., Huang, J. and Tsai M. (2009), "Entrepreneurial Orientation and Firm Performance: The Role of Knowledge Creation Process", Industrial Marketing Management, 38, 440-449.   DOI
43 박정민(2016), "기업의 기술과 시장지향성이 기술협력 및 경영성과에 미치는 영향에 관한 연구", 경영과 정보연구, 35(2), 205-220.
44 이재식(2009), "지식경영 기반구조가 지식경영 활동과 경영성과에 미치는 영향", 경영과 정보연구, 28(4), 229-252.
45 통계청․관세청(2017), "2016년 기준 기업특성별 무역통계(잠정)", 보도자료.
46 황경연․성을현․문희철(2016), "기업의 학습능력 및 지식창출이 기술사업화 및 수출성과에 미치는 영향", 경영과 정보연구, 35(5), 1-19.
47 Ambrosini, V. and Bowman, C. (2009), "What are Dynamic Capabilities and are They a Useful Construct in Strategic Management?", International Journal of Management Reviews, 11(1), 29-49.   DOI
48 Sheng, M. L. (2017), "A Dynamic Capabilities -based Framework of Organizational Sensemaking through Combinative Capabilities towards Exploratory And Exploitative Product Innovation in Turbulent Environments", Industrial Marketing Management, 65, 28-38.   DOI
49 Antonio, K. W. L., Yam, R. C. M. and Tang, E. (2007), "The Impacts of Product Modularity on Competitive Capabilities and Performance: An Empirical Study", International Journal of Production Economics, 105(1), 1-20.   DOI
50 Roth, A. V. (1993), "Performance Dimension in Services: An Empirical Investigation of Strategic Performance", Advances in Services Marketing and Management, 2, 1-47.