{"title":"The differential effect of environmental jolts and information sources on dynamic capabilities","authors":"Amiram Markovich, Daphne R. Raban, Kalanit Efrat","doi":"10.1111/emre.12631","DOIUrl":null,"url":null,"abstract":"Challenges in the business environment are typically categorized as threats or opportunities. Firms develop dynamic capabilities to cope with these challenges and improve strategic fit. However, evidence of a causal relationship between unpredictable environmental challenges (jolts) and dynamic capabilities is inconclusive. This study explores how information about positive (opportunity) and negative (threat) jolts communicated via two information sources affects dynamic capabilities. A 2 × 2 experiment was conducted among 131 managers. The findings indicate that human-based information sources dominate web-based information sources, particularly when the information reveals potential threats. The use of human information sources is associated with stronger dynamic capabilities than reliance on web information sources. Moreover, the findings confirm that the manifestation of dynamic capabilities differs between opportunities and threats.","PeriodicalId":47372,"journal":{"name":"European Management Review","volume":null,"pages":null},"PeriodicalIF":3.4000,"publicationDate":"2023-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"European Management Review","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1111/emre.12631","RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 0
Abstract
Challenges in the business environment are typically categorized as threats or opportunities. Firms develop dynamic capabilities to cope with these challenges and improve strategic fit. However, evidence of a causal relationship between unpredictable environmental challenges (jolts) and dynamic capabilities is inconclusive. This study explores how information about positive (opportunity) and negative (threat) jolts communicated via two information sources affects dynamic capabilities. A 2 × 2 experiment was conducted among 131 managers. The findings indicate that human-based information sources dominate web-based information sources, particularly when the information reveals potential threats. The use of human information sources is associated with stronger dynamic capabilities than reliance on web information sources. Moreover, the findings confirm that the manifestation of dynamic capabilities differs between opportunities and threats.
期刊介绍:
The European Management Review is an international journal dedicated to advancing the understanding of management in private and public sector organizations through empirical investigation and theoretical analysis. The European Management Review provides an international forum for dialogue between researchers, thereby improving the understanding of the nature of management in different settings and promoting the transfer of research results to management practice. Although one of the European Management Review"s aims is to foster the general advancement of management scholarship among European scholars and/or those academics interested in European management issues.