Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/19445
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dc.contributor.authorKarna, Amit
dc.contributor.authorRichter, A.
dc.contributor.authorRiesenkampff, E.
dc.date.accessioned2017-06-22T05:59:14Z
dc.date.available2017-06-22T05:59:14Z
dc.date.issued2016
dc.identifier.citationKarna A., Richter A., Riesenkampff E. (2016). Revisiting the role of the environment in the capabilities-financial performance relationship: A meta-analysis. Strategic Management Journal, 37(6), 1154-1173.en_US
dc.identifier.urihttp://hdl.handle.net/11718/19445
dc.description.abstractWithin the capabilities-based view of the firm, there is debate about the relative importance of ordinary and dynamic capabilities for firm performance and about the extent to which their performance effects are contingent on environmental conditions. We meta-analyze 115 studies to investigate the relationship between both ordinary and dynamic capabilities and the financial performance of firms in relatively stable versus changing environments. The results suggest that the performance effects of both types of capabilities are positive and similar in magnitude. Environmental dynamism reinforces the effects of both ordinary and dynamic capabilities. Furthermore, the two types of capabilities are closely associated. Our findings provide support for a moderate capabilities-based view of the firm, rather than one that considers dynamic capabilities as superior to ordinary ones.en_US
dc.language.isoen_USen_US
dc.publisherJohn Wiley and Sons Ltden_US
dc.subjectDynamic capabilitiesen_US
dc.subjectEnvironmental dynamismen_US
dc.subjectFirm performanceen_US
dc.subjectMeta-analysisen_US
dc.subjectOrdinary capabilitiesen_US
dc.titleRevisiting the role of the environment in the capabilities financial performance relationship: a meta-analysisen_US
dc.typeArticleen_US
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