Title :
Dynamic Capabilities and Firm Performance: An Empirical Study of Chinese New Ventures
Author :
Ge, Baoshan ; Dong, Baobao
Author_Institution :
Sch. of Manage., Jilin Univ., Changchun, China
Abstract :
Capability-based theory believes dynamic capabilities as the senior stage of corporate capabilities is very crucial to firm´s growth and development. Based the analysis on 877 samples of high-tech new ventures, this paper explored the relationship between dynamic capability and firm performance. The empirical result shows that the three dimensions of dynamic capability which include dynamic mechanism, learning mechanism and matching mechanism are all positively associated with firm performance with a descending degree of their influence. Finally we analyzed the empirical results and offered an outlook for the future research.
Keywords :
commerce; organisational aspects; capability-based theory; dynamic capability; dynamic mechanism; firm performance; learning mechanism; matching mechanism; Conference management; Environmental economics; Globalization; Industrial economics; Industrial relations; Information resources; Learning systems; Performance analysis; Resource management; Technology management; dynamic capability; firm performance; high-tech firm; new venture;
Conference_Titel :
Cooperation and Promotion of Information Resources in Science and Technology, 2009. COINFO '09. Fourth International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-0-7695-3898-3
DOI :
10.1109/COINFO.2009.13