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Towards an understanding of the nature of dynamic capabilities in high-velocity markets of China
ShenxueLi1; MarkEasterby-Smith2; Jacky F.L.Hong3
2019-04
Source PublicationJournal of Business Research
ABS Journal Level3
ISSN0148-2963
Volume97Pages:212-226
Abstract

Dynamic capabilities are arguably of more value in the internationalization process, particularly of multinationalcompanies (MNCs) that operate in highly dynamic international markets. Yet there is a scarcity of research onthe nature of dynamic capabilities in such highly relevant contexts. This exploratory study presents observationsof dynamic capabilities of MNCs operating in ten tightly-defined high-velocity industries of China that shed lighton the nature of the concept. Thefindings suggest that (1) dynamic capabilities of MNCs in high-velocity marketsare 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 likelyinfluenced by diverse sources of environmental velocity and the degree of the MNC's ownership advantages. Thecomplexity and sophistication observed have led us to propose a way to conceptualize dynamic capabilities ofMNCs in high-velocity markets.

KeywordHigh-velocity Market Dynamic Capabilities Multiple Case Study China Mnc
DOIhttps://doi.org/10.1016/j.jbusres.2018.08.007
Indexed BySSCI
Language英语
WOS Research AreaBusiness & Economics
WOS SubjectBusiness
WOS IDWOS:000460710400019
Fulltext Access
Citation statistics
Cited Times [WOS]:11   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionDEPARTMENT OF MANAGEMENT AND MARKETING
Corresponding AuthorShenxueLi; MarkEasterby-Smith; Jacky F.L.Hong
Affiliation1.University of Kent Business School, Kent ME4 4AG, UK
2.Lancaster University Management School, Lancaster LA1 4YX, UK
3.Faculty of Business Administration, University of Macau, PO Box 3001, Macau, China
Corresponding Author AffilicationFaculty of Business Administration
Recommended Citation
GB/T 7714
ShenxueLi,MarkEasterby-Smith,Jacky F.L.Hong. 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 ShenxueLi,MarkEasterby-Smith,&Jacky F.L.Hong.(2019).Towards an understanding of the nature of dynamic capabilities in high-velocity markets of China.Journal of Business Research,97,212-226.
MLA ShenxueLi,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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