Resources in shaping the efficiency of dynamic capabilities of Polish enterprises

The dynamic capabilities, representing the organization’s competence to integrate, create and reconfigure internal and external competencies to ensure compliance with constantly changing environmental conditions, allow the organization to achieve a competitive advantage in the long term. The assumption of the background about the importance of dynamic capabilities for understanding the phenomenon of competition raises the question of the variables, affecting the effectiveness of the processes of formation of dynamic capabilities.

The aim of this paper is discussion of the results of studies on the impact of resources on the effectiveness of the processes of formation of dynamic capabilities of Polish enterprises. The nature and essence of dynamic abilities of enterprises have been characterized in the article, the value of resources in the processes of formation of dynamic abilities of Polish enterprises has been noted, which subsequently allowed to formulate conclusions about the relationship between resources and efficiency of processes of formation of dynamic abilities of Polish enterprises have been formulated. The results of the research resources in the processes of formation of dynamic capabilities of Polish enterprises, presented in the paper, are fragment of the research project, whose goal is to develop a paradigm concept of dynamic capabilities from the perspective of strategic management, identification and analysis of dynamic capabilities of Polish enterprises.

According to respondents in the process of questioning, sources of efficiency should be sought in external variables (customer loyalty, market share, sales growth), but not in internal variables (employment growth). Such a state, indicating the orientation of the organization outward, should be considered correct from the point of view of the logic of the dominant ways of constructing a strategy, since it indicates an understanding of the needs of the environment, while dynamically comparing with the expectations of this environment and the resources available to the organization.

1. Ambrosini V., Bowman C. What are dynamic capabilities and are they a useful construct in strategic management? International Journal of Management Reviews, 2009, vol. 11, no. 1, pp. 29–49, https://doi.org/10.1111/j.1468-2370.2008.00251.x.

2. Barney J. Firm Resources and Sustained Competitive Advantage. Journal of Management, 1991, vol. 7, no. 1, pp. 99– 120, https://doi.org/10.1177/014920639101700108.

3. Barney J. B. Is the Resource-Based “View” a Useful Perspective for Strategic Management Research? Yes. Academy of Management Review, 2001, vol. 26, no. 1, pp. 41–56. https://doi.org/10.5465/amr.2001.4011938.

4. Eisenhardt K. M., Martin J. A. Dynamic capabilities: what are they? Strategic Management Journal, 2000, vol. 21, no. 10– 11, ppl. 1 105–1 121, https://doi.org/10.1002/1097- 0266(200010/11)21:10/113.0.CO;2-E.

5. Helfat C. E., Finkelstein S., Mitchell W., Peteraf M., Singh H., Teece D., Winter S. G. Dynamic Capabilities: Understanding Strategic Change in Organizations (1 edition), Malden, MA: Wiley-Blackwell, 2007.

6. Kay N. M., Leih S., Teece D. J. The role of emergence in dynamic capabilities: a restatement of the framework and some possibilities for future research, Industrial and Corporate Change, 2018, vol. 27, no. 4, pp. 623–638, https://doi.org/10.1093/icc/dty015.

7. Penrose E. The Theory of the Growth of the Firm, 1995, https://doi.org/10.1093/0198289774.001.0001.

8. Peteraf M., Di Stefano G., Verona G. The elephant in the room of dynamic capabilities: Bringing two diverging conversations together, Strategic Management Journal, 2013, vol. 34, no. 12, pp. 1389–1410, https://doi.org/10.1002/smj.2078.

9. Prahalad C. K., Hamel G. Strategy as a field of study: Why search for a new paradigm? Strategic Management Journal, 1994, vol. 15, no. 2, pp. 5–16. https://doi.org/10.1002/ smj.4250151002.

10. Rayport J. F., Jaworski B. J. E-commerce. McGraw-Hill/ Irwin MarketspaceU, 2001.

11. Schumpeter J. The Instability of Capitalism. The Economic Journal, 1928, vol. 38, no. 151, pp. 361–386, https://doi. org/10.2307/2224315.

12. Teece D. J., Pisano, G. The dynamic capabilities of firms: an introduction, Industrial and Corporate Change, 1994, vol. 3, no. 3, pp. 537–556, https://doi.org/10.1093/icc/3.3.537-a.

13. Teece D. J., Pisano G., Shuen A. Firm capabilities, resources, and the concept of strategy: four paradigms of strategic management, Berkeley, CA: University of California at Berkeley, Center for Research in Management, Consortium on Competitiveness & Cooperation, 1990.

14. Teece D. J., Pisano G., Shuen A. Dynamic capabilities and strategic management., Strategic Management Journal, 1997, vol.18, no.7, pp.509–533, https://doi.org/10.1002/(SICI)1097- 0266(199708)18:73.0.CO;2-Z.

15. Williamson O. E. The economics of organization: the transaction cost approach, American Journal of Sociology, 1981, vol. 87, no. 3, pp. 548–577.