Title: Dynamic capabilities, managerial and marketing capabilities and their impact on the competitive advantage and firm performance

Authors: Jorge Ferreira; Arnaldo Coelho

Addresses: Department of Management and Marketing, Faculty of Economics, University of Coimbra, Av. Dias da Silva, 165, 3004-512 Coimbra, Portugal ' Department of Management and Marketing, Faculty of Economics, University of Coimbra, Av. Dias da Silva, 165, 3004-512 Coimbra, Portugal

Abstract: The objective of this paper is to understand the impact of dynamic capabilities (hereafter DC), in the context of exploration and exploitation ambidexterity, on competitiveness and performance, considering the mediating role of marketing and managerial capabilities. The investigation of these effects is performed considering the moderating role of entrepreneurial orientation (hereafter EO) on the proposed relationships. A multi-group analysis was performed to understand the moderating role of entrepreneurial orientation. A questionnaire survey was developed and 387 valid questionnaires were collected from a sample of Portuguese SMEs. The results show that DC influences the companies' managerial and marketing capabilities, which in turn influence competitiveness and performance and directly impact upon the marketing and managerial capabilities.

Keywords: dynamic capabilities; exploration; exploitation; managerial capabilities; marketing capabilities; entrepreneurial orientation; competitive advantage; firm performance; entrepreneurship; Portugal; SMEs; small and medium-sized enterprises.

DOI: 10.1504/IJESB.2017.082925

International Journal of Entrepreneurship and Small Business, 2017 Vol.30 No.4, pp.629 - 652

Received: 04 May 2016
Accepted: 30 May 2016
Published online: 15 Mar 2017 *

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