The impact of dynamic managerial capabilities on firm performance : A moderated mediation analysis of German DAX firms

Title data

Heubeck, Tim:
The impact of dynamic managerial capabilities on firm performance : A moderated mediation analysis of German DAX firms.
In: Journal of Management & Organization. (2023) . - pp. 1-26.
ISSN 1833-3672
DOI: https://doi.org/10.1017/jmo.2023.57

Official URL:

Abstract in another language

In an era of hypercompetition, research and development (R&D) investments are vital for organizations to stay competitive. This microlevel study draws on dynamic managerial capability (DMC) theory to explore the mechanisms contributing to competitive advantages. It posits that DMCs enhance firm performance by increasing R&D spending, and explores the moderating role of slack resources due to their effect on resource availability. Employing hierarchical regression analysis and bootstrapping methods on a longitudinal sample comprising 31 German DAX firms, the findings robustly demonstrate that DMCs facilitate firm performance by fostering R&D expenditures and confirm the moderating effect of specific slack resources. However, only internal but not external slack resources amplify the relationship between DMCs and R&D intensity. Overall, this study emphasizes the critical role of managers’ microlevel capabilities in determining firm performance and sheds light on how different slack resources influence the relationships between DMCs, R&D intensity, and firm performance.

Further data

Item Type:	Article in a journal
Refereed:	Yes
Institutions of the University:	Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration IX - International Management/ Intercultural Management > Chair Business Administration IX - International Management/ Intercultural Management - Univ.-Prof. Dr. Reinhard Meckl Faculties Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Business Administration Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration IX - International Management/ Intercultural Management
Result of work at the UBT:	Yes
DDC Subjects:	300 Social sciences > 330 Economics
Date Deposited:	17 Oct 2023 06:09
Last Modified:	16 Feb 2024 13:18
URI:	https://eref.uni-bayreuth.de/id/eprint/87220