Antecedents and consequences of dynamic capabilities in new ventures: an international study
- Autores: Karen Viviana Barrañon Navarro
- Directores de la Tesis: David Urbano Pulido (dir. tes.)
- Lectura: En la Universitat Autònoma de Barcelona ( España ) en 2019
- Idioma: inglés
- Tribunal Calificador de la Tesis: Mathew Hughes (presid.), Sebastián Aparicio Rincón (secret.), Joan Torrent i Sellens (voc.)
- Programa de doctorado: Programa Oficial de Doctorado en Internacional en Creación y Gestión de Empresas
- Materias:
- Enlaces
- Tesis en acceso abierto en: TESEO
- Resumen
Dynamic capabilities are vital elements in entrepreneurship and economic development due to their favorable effects on the performance of firms. However, dynamic capabilities have been mostly studied considering an organizational angle. Consequently, scholars have shown interest in understanding this phenomenon mainly among multinational enterprises or large businesses.
The main objective of this investigation is to examine the antecedents and consequences of dynamic capabilities in new ventures within an international context. The methodologies applied are quantitative and the statistical techniques included in this thesis are multi-regression analysis and panel data, using mainly Global Entrepreneurship Monitor data. This data base is complemented by others, such as the International Monetary Fund, the World Bank’s World Development Indicators, Worldwide Governance Indicators, and the Eurostat Community Innovation Survey. From the conceptual point of view, the investigation is framed in the dynamic capabilities theory, the human capital theory, the resource-based theory, the institutional economics theory, and the open innovation theory.
The main findings show the evolution of dynamic capabilities research and suggestions for future research; the antecedents of dynamic capabilities; the institutional environment that affects dynamic capabilities; the effect of open innovation on dynamic capabilities; and the effect of dynamic capabilities on competitiveness. Additionally, various moderating effects of formal and informal institutions draw the attention of this research. In addition, the results support the relationship between dynamic capabilities and competitiveness. Likewise, the contributions of this thesis are in terms of advancing the knowledge of dynamic capabilities in new ventures, by linking them with the entrepreneurship field and by conducting empirical research within an international context.
Specifically, the findings of the thesis suggest undertaking further investigation regarding antecedents and consequences of the dynamic capabilities in new ventures and SMEs in an international context. Also, it was found that formal and informal institutions influence dynamic capabilities (entrepreneurial capabilities) in new ventures. Besides, the relationship between formal institutions and DC (entrepreneurial capabilities) is strengthened when informal institutions act as moderators. Furthermore, the findings determine that human capital and formal institutions influence DC (sensing capabilities) in new ventures. Moreover, it was observed that the influence of human capital over DC (sensing capabilities) is stronger when formal institutions are introduced as moderators. In the same way, the results indicated, that human capital and informal institutions have a direct relationship with DC (learning capabilities) in new ventures. Similarly, indirect stronger relationships between human capital and DC (learning capabilities) were identified when moderated by informal institutions. In addition, the findings exposed that learning capabilities negatively influence DC (sensing capabilities). Correspondingly, the relationship between learning capabilities and sensing capabilities become stronger when informal institutions moderate the relationship. Furthermore, the results established that DC (sensing capabilities) have a positive influence on competitiveness. Likewise, we find a moderating effect of the formal institution government effectiveness in the relationship between DC (sensing capabilities) and competitiveness.
Moreover, from a policymaker point of view, the results could be helpful to government policies that support the enhancement of dynamic capabilities in new ventures. Furthermore, from a practitioner point of view, entrepreneurs developing new ventures could benefit from the knowledge that highlights moderations of formal and informal institutions.
