Robustness and Renewal as key dynamic capabilities for corporate resilience

IF 6.2 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics Pub Date : 2026-05-01 Epub Date: 2026-02-12 DOI:10.1016/j.iedeen.2026.100308

Jacques Bughin

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引用次数: 0

Abstract

This study examines how robustness and renewal capabilities jointly determine firm resilience across the complete COVID-19 life-cycle crisis. Using survey data from 4100 firms worldwide and structural equation modelling, we analyse resilience dynamics across both the acute disruption phase and the subsequent recovery phase. The results confirm a sequential relationship: robustness capabilities significantly support short-term performance stability, while renewal capabilities drive post-crisis performance recovery. The interaction between both capabilities further amplifies sustainable performance outcomes, highlighting the importance of managing resilience as a dynamic capability process rather than a static attribute. Research rigour is ensured through multiple robustness checks, measurement validation and alternative model specifications. The findings contribute to the literature on resilience and stakeholder-driven strategies and offer managerial guidance on capability deployment before, during, and after major disruptions

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稳健性和更新是企业弹性的关键动态能力

本研究探讨了稳健性和更新能力如何共同决定企业在2019冠状病毒病整个生命周期危机中的复原力。利用来自全球4100家公司的调查数据和结构方程模型，我们分析了急性中断阶段和随后的恢复阶段的弹性动态。结果证实了一个顺序关系：稳健性能力显著支持短期绩效稳定性，而更新能力推动危机后绩效恢复。这两种能力之间的相互作用进一步放大了可持续绩效结果，突出了将弹性管理作为动态能力过程而不是静态属性的重要性。通过多次稳健性检查，测量验证和替代模型规范确保研究的严谨性。研究结果为弹性和利益相关者驱动战略的文献做出了贡献，并为重大中断之前、期间和之后的能力部署提供了管理指导

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

European Research on Management and Business Economics Multiple-

CiteScore

11.70

自引率

3.40%

发文量

审稿时长

50 weeks

期刊介绍： European Research on Management and Business Economics (ERMBE) was born in 1995 as Investigaciones Europeas de Dirección y Economía de la Empresa (IEDEE). The journal is published by the European Academy of Management and Business Economics (AEDEM) under this new title since 2016, it was indexed in SCOPUS in 2012 and in Thomson Reuters Emerging Sources Citation Index in 2015. From the beginning, the aim of the Journal is to foster academic research by publishing original research articles that meet the highest analytical standards, and provide new insights that contribute and spread the business management knowledge