Dynamic capabilities and their indirect impact on firm performance

Protogerou, A; Caloghirou, Y; Lioukas, S

dc.contributor.author	Protogerou, A	en
dc.contributor.author	Caloghirou, Y	en
dc.contributor.author	Lioukas, S	en
dc.date.accessioned	2014-03-01T02:08:42Z
dc.date.available	2014-03-01T02:08:42Z
dc.date.issued	2012	en
dc.identifier.issn	09606491	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/29708
dc.subject.other	environmentalism	en
dc.subject.other	industrial performance	en
dc.subject.other	industrial technology	en
dc.subject.other	manufacturing	en
dc.subject.other	Greece	en
dc.title	Dynamic capabilities and their indirect impact on firm performance	en
heal.type	journalArticle	en
heal.identifier.primary	10.1093/icc/dtr049	en
heal.identifier.secondary	http://dx.doi.org/10.1093/icc/dtr049	en
heal.identifier.secondary	dtr049	en
heal.publicationDate	2012	en
heal.abstract	This article seeks to empirically explore the relationship between dynamic capabilities and firm performance. In particular, it addresses the question of whether dynamic capabilities impact directly or indirectly on performance. In doing so, the article articulates and measures a construct of dynamic capabilities and using structural equation modeling it examines whether their impact on performance is mediated through operational-marketing and technological-capabilities. The proposed model is tested in different levels of environmental dynamism using data on 271 Greek firms belonging to the manufacturing sector. Empirical findings suggest that dynamic capabilities impinge on operational capabilities which in turn have a significant effect on performance. Direct effects on performance are found to be insignificant. Furthermore, similar effects seem to hold for both higher and lower levels of environmental dynamism. Theoretical and practical implications are discussed. © The Author 2011. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved.	en
heal.journalName	Industrial and Corporate Change	en
dc.identifier.doi	10.1093/icc/dtr049	en
dc.identifier.volume	21	en
dc.identifier.issue	3	en
dc.identifier.spage	615	en
dc.identifier.epage	647	en