Quo Vadis, Dynamic Capabilities? A Content-Analytic Review of the Current State of Knowledge and Recommendations for Future Research

Academy of Management Annals, Forthcoming

Tuck School of Business Working Paper No. 3069608

103 Pages Posted: 14 Nov 2017

See all articles by Oliver Schilke

Oliver Schilke

University of Arizona

Songcui Hu

University of Arizona - Department of Management and Organizations

Constance E. Helfat

Tuck School of Business at Dartmouth

Date Written: November 11, 2017

Abstract

Although the dynamic capabilities perspective has become one of the most frequently used theoretical lenses in management research, critics have repeatedly voiced their frustration with this literature, particularly bemoaning the lack of empirical knowledge and the underspecification of the construct of dynamic capabilities. But research on dynamic capabilities has advanced considerably since its early years, in which most contributions to this literature were purely conceptual. A plethora of empirical studies as well as further theoretical elaborations have shed substantial light on a variety of specific, measurable factors connected to dynamic capabilities. Our article starts out by analyzing these studies to develop a meta-framework that specifies antecedents, dimensions, mechanisms, moderators, and outcomes of dynamic capabilities identified in the literature to date. This framework provides a comprehensive and systematic synthesis of the dynamic capabilities perspective that reflects the richness of the research while at the same time unifying it into a cohesive, overarching model. Such an analysis has not yet been undertaken; no comprehensive framework with this level of detail has previously been presented for dynamic capabilities. Our analysis shows where research has made the most progress and where gaps and unresolved tensions remain. Based on this analysis, we propose a forward-looking research agenda that outlines directions for future research.

Keywords: dynamic capabilities, resource-based view of the firm, organizational change, competitive advantage, entrepreneurship, content analysis

Suggested Citation

Schilke, Oliver and Hu, Songcui and Helfat, Constance E., Quo Vadis, Dynamic Capabilities? A Content-Analytic Review of the Current State of Knowledge and Recommendations for Future Research (November 11, 2017). Academy of Management Annals, Forthcoming; Tuck School of Business Working Paper No. 3069608. Available at SSRN: https://ssrn.com/abstract=3069608

Oliver Schilke (Contact Author)

University of Arizona ( email )

1130 E. Helen St.
McClelland Hall
Tucson, AZ 85721
United States

Songcui Hu

University of Arizona - Department of Management and Organizations ( email )

405 McClelland Hall
P.O. Box 210108
Tucson, AZ 85721-0108
United States

Constance E. Helfat

Tuck School of Business at Dartmouth ( email )

Hanover, NH 03755
United States

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