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Towards an understanding of the nature of dynamic capabilities in high-velocity markets of China
Li,Shenxue1; Easterby-Smith,Mark2; Hong,Jacky F.L.3
2019-04-01
Source PublicationJournal of Business Research
ABS Journal Level3
ISSN01482963
Volume97Pages:212-226
AbstractDynamic capabilities are arguably of more value in the internationalization process, particularly of multinational companies (MNCs) that operate in highly dynamic international markets. Yet there is a scarcity of research on the nature of dynamic capabilities in such highly relevant contexts. This exploratory study presents observations of dynamic capabilities of MNCs operating in ten tightly-defined high-velocity industries of China that shed light on the nature of the concept. The findings suggest that (1) dynamic capabilities of MNCs in high-velocity markets are analytic, strategically planned high-frequency processes and routines, (2) they are highly complicated, and (3) they rely extensively on combined knowledge derived from global and local knowledge. They are likely influenced by diverse sources of environmental velocity and the degree of the MNC's ownership advantages. The complexity and sophistication observed have led us to propose a way to conceptualize dynamic capabilities of MNCs in high-velocity markets.
KeywordChina Dynamic capabilities High-velocity market MNC Multiple case study
DOI10.1016/j.jbusres.2018.08.007
URLView the original
Language英语
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Cited Times [WOS]:11   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionUniversity of Macau
Corresponding AuthorLi,Shenxue
Affiliation1.University of Kent Business School,,Kent,ME4 4AG,United Kingdom
2.Lancaster University Management School,,Lancaster,LA1 4YX,United Kingdom
3.Faculty of Business Administration,University of Macau,,Macau,China
Recommended Citation
GB/T 7714
Li,Shenxue,Easterby-Smith,Mark,Hong,Jacky F.L.. Towards an understanding of the nature of dynamic capabilities in high-velocity markets of China[J]. Journal of Business Research,2019,97:212-226.
APA Li,Shenxue,Easterby-Smith,Mark,&Hong,Jacky F.L..(2019).Towards an understanding of the nature of dynamic capabilities in high-velocity markets of China.Journal of Business Research,97,212-226.
MLA Li,Shenxue,et al."Towards an understanding of the nature of dynamic capabilities in high-velocity markets of China".Journal of Business Research 97(2019):212-226.
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