Dynamic capabilities and performance : an empirical study of audiovisual producers in Europe
Naldi, Lucia, Wikstrom, Patrik, & Von Rimscha, M. Bjorn (2014) Dynamic capabilities and performance : an empirical study of audiovisual producers in Europe. International Studies of Management and Organization, 44(4), pp. 63-82.
This study tests Teece’s conceptualization of dynamic capabilities in the context of small and medium sized firms competing in creative industries, i.e. the European audio-visual production industry. This industry is characterized by immature and evolving markets where firms’ dynamic capabilities are expected to lead to superior innovative performance. Using survey data from audio-visual producers in ten European countries we find that both sensing and seizing capabilities have a positive effect on firms' innovative performance. The effect however, is curvilinear and positive effects appear only when capabilities overcome a threshold level.
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