The impact of dynamic capabilities on SME performance during COVID-19

被引:67
作者
Dejardin, Marcus [1 ,2 ]
Raposo, Mario L. [3 ,4 ]
Ferreira, Joao J. [3 ,4 ]
Fernandes, Cristina, I [3 ,4 ,5 ]
Veiga, Pedro M. [6 ,7 ]
Farinha, Luis [7 ,8 ]
机构
[1] Univ Namur, Fac Econ Social Sci & Business Adm, Namur, Belgium
[2] UCLouvain, Fac Econ Social & Polit Sci & Commun, Louvain La Neuve, Belgium
[3] Univ Beira Interior, Dept Management & Econ, Covilha, Portugal
[4] Univ Beira Interior, NECE Res Unit Business Sci, Covilha, Portugal
[5] Loughborough Univ, Ctr Corp Entrepreneurship & Innovat, Loughborough, Leics, England
[6] Polytech Inst Viseu, Sch Educ, Viseu, Portugal
[7] NECE Res Unit Business Sci, Covilha, Portugal
[8] Polytech Inst Castelo Branco, Castelo Branco, Portugal
关键词
Dynamic capabilities; SME; Performance; COVID-19; pandemic; PARTIAL LEAST-SQUARES; PLS-SEM; MANAGERIAL IMPLICATIONS; STRATEGIC MANAGEMENT; ENTREPRENEURSHIP; SYSTEMS; MODEL; INNOVATION; RESOURCES; CRISIS;
D O I
10.1007/s11846-022-00569-x
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Dynamic capabilities (DCs) are a growing field of research within the scope of theoretical structures based on resource and strategic management. Given the demonstrated impact of DCs on company performance, it is important to study the effects of DCs on small and medium sized enterprises (SMEs) within the context of the COVID-19 pandemic. Hence, this research evaluates the role of DCs during the pandemic and its impact on the performance levels of SMEs. Analysing the responses of 209 SMEs using a structural equations model, we report that DCs positively affect company performance both prior to and during the pandemic. However, we also verify that while prior to the pandemic companies placed greater emphasis on the search for new opportunities, following the onset of the pandemic the focus shifted to getting their products to the market. These results contribute to the literature on strategic management and the DC based approach during periods of turbulence and pandemics.
引用
收藏
页码:1703 / 1729
页数:27
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