Journal
JOURNAL OF BUSINESS RESEARCH
Volume 67, Issue 3, Pages 407-413Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.jbusres.2012.12.019
Keywords
Resources; Dynamic capability; Performance; VRIN; Mediating effect; Integration; Learning; Reconfiguration
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This study investigates the role of dynamic capabilities in the resource-based view framework, and also explores the relationships among different resources, different dynamic capabilities and firm performance. Employing samples of top 1000 Taiwanese companies, the findings show that dynamic capabilities can mediate the firm's valuable, rare, inimitable and non-substitutable (VRIN) resources to improve performance. On the contrary, non-VRIN resources have an insignificant mediating effect. Among three types of dynamic capabilities, dynamic learning capability most effectively mediates the influence of VRIN resources on performance. Furthermore, the important role of VRIN resources is addressed because of their direct effects on performance based on RBV, as well as their indirect effect via the mediation of dynamic capabilities. (C) 2013 Elsevier Inc. All rights reserved.
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