Evolution of Dynamic Capabilities in Crisis Management System: A Proposition from the Cases of Multinationals from NIEs ()
ABSTRACT
This paper aims to suggest a theoretical
proposition that connects market dynamics and dynamic capabilities via an
organizational internal management system: crisis generation mode. In order to
do this, we discuss the concept of dynamic capabilities in terms of differences
with resource-based view (RBV), extend our discussion in a manner that
identifies hierarchical and differential dimensions of dynamic capabilities and
expound an account of how intentionally created internal crisis management
system acts a moderator between market dynamics and dynamic
capabilities. Our proposition started from the observation of some cases of
multinationals in newly industrializing economies (NIEs) and can be examined by
more in-depth case studies afterwards.
Share and Cite:
Lee, J. and Slater, J. (2022) Evolution of Dynamic Capabilities in Crisis Management System: A Proposition from the Cases of Multinationals from NIEs.
Open Journal of Business and Management,
10, 1362-1372. doi:
10.4236/ojbm.2022.103073.
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