期刊名称：Academy of Accounting and Financial Studies Journal
印刷版ISSN：1096-3685
出版年度：2018
卷号：22
期号：2
页码：1-16
语种：English
出版社：The DreamCatchers Group, LLC
摘要：Dynamic capabilities (DC) theory emerged as both an extension to and a reaction against the inability of the resource-based view (RBV) to interpret the development and redevelopment of resources and capabilities to address rapidly changing environments. DC may be considered as a source of competitive advantage (Teece, Pisano & Shuen, 1997). DC theory goes beyond the idea that sustainable competitive advantage is based on a firm’s acquisition of valuable, rare, inimitable and non-substitutable (VRIN) resources. Dynamic capabilities are responsible for enabling organizations to integrate, marshal and reconfigure their resources and capabilities to adapt to rapidly changing environments. Thus, DCs are processes that enable an organization to reconfigure its strategy and resources to achieve sustainable competitive advantages and superior performance in rapidly changing environments. Despite the wealth of studies discussing the idea of DC, to advance the theory further requires a collective effort on the part of researchers both to illustrate concepts related to the theory and how to link them with empirical practices within organizations..
