How do dynamic capabilities transform external technologies into firms’ renewed technological resources? – A mediation model
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Volume
33
Pagination
1009 - 1036
Publisher
DOI
10.1007/s10490-016-9469-9
Journal
Asia Pacific Journal of Management
Issue
ISSN
0217-4561
Metadata
Show full item recordAbstract
© 2016, Springer Science+Business Media New York. How externally acquired resources may become valuable, rare, hard-to-imitate, and non-substitute resource bundles through the development of dynamic capabilities? This study proposes and tests a mediation model of how firms’ internal technological diversification and R & D, as two distinctive microfoundations of dynamic technological capabilities, mediate the relationship between external technology breadth and firms’ technological innovation performance, based on the resource-based view and dynamic capability view. Using a sample of listed Chinese licensee firms, we find that firms must broadly explore external technologies to ignite the dynamism in internal technological diversity and in-house R & D, which play their crucial roles differently to transform and reconfigure firms’ technological resources.