Dynamic capabilities and SME performance: The moderating effect of market orientation

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URI: http://hdl.handle.net/10902/23626
ISSN: 0047-2778
ISSN: 1540-627X
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Autoría
Hernández-Linares, Remedios; Kellermanns, Franz W.; López Fernández, María ConcepciónAutoridad Unican
Fecha
2021
Derechos
© International Council for Small Business. Published by Wiley."This is the peer reviewed version of the following article: HERNÁNDEZ-LINARES, Remedios, KELLERMANNS, Franz W. and LÓPEZ-FERNÁNDEZ, María Concepción, 2021. Dynamic capabilities and SME performance: The moderating effect of market orientation. Journal of Small Business Management [online]. 2 January 2021. Vol. 59, no. 1, p. 162-195, which has been published in final form at 10.1111/jsbm.12474. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving."
Publicado en
Journal of Small Business Management, Volume 59, 2021 - Issue 1
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Wiley-Blackwell
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Resumen/Abstract
We investigate how the four dimensions of the dynamic capabilities (DC) construct (sensing, learning, integrating, and coordinating) individually affect firm performance and the moderating role of market orientation (MO) in the process. Our findings, based on a sample of 509 Spanish small- and medium-sized enterprises (SMEs), suggest that not all DC dimensions are equally important for SME performance. We further found MO to significantly moderate the relationships between both the sensing capability and the learning capability and firm performance. The implications for research and practice are discussed.
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