The role of strategic flexibility on the development of organizational capabilities

• Autor(a) principal: Gayo, Michelle Adriana Hunguana
• Data de Publicação: 2020
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10071/21534
• topic: Aprendizagem organizacional -- Organizational learning; Entrepreneurship; Innovation orientation; Firm performance; Empreendedorismo; Orientação à inovação; Performance empresarial

Dynamic Capabilities enable companies to change and reconfigure their strategies in order to adapt to the ever-changing business environment. As business markets become more turbulent with rapid technological development, it is crucial that firms develop Dynamic Capabilities in order to maintain a sustainable competitive advantage, especially Small Medium-Sized Enterprises (SMEs) which are more vulnerable to competition and market changes. Given the importance of Dynamic Capabilities in today’s economy, the purpose of this dissertation is to understand the role of Strategic Flexibility as a Dynamic Capability in the development of organizational capabilities. This study aims to explore the indirect effect between Strategic Flexibility and Firm Performance through three organizational capabilities: Organizational learning, Entrepreneurship and Innovation Orientation in SMEs. In order to test our conceptual model, we collected data from 180 SMEs and conducted a quantitative study through surveys. Our contributions to the field are twofold. First, we developed a unique and distinctive model to assess the indirect relationship between Strategic Flexibility and Firm Performance. And second, we realized the value of Organizational Learning as a mediating variable as it strengthens the relationship between Strategic Flexibility and Firm Performance.