Impact of dynamic capacities on the performance of food and beverage enterprises in Lagos, Nigeria

Lu Lin Zhou (), James Onuche Ayegba (), Emmanuel Onu Ayegba (), Peace Maina Ayegba () and Zhang Xin Jie ()
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Lu Lin Zhou: Jiangsu University
James Onuche Ayegba: Jiangsu University
Emmanuel Onu Ayegba: Nigerian National Petroleum Corporation
Peace Maina Ayegba: Nasarawa State University
Zhang Xin Jie: Jiangsu University

Journal of Innovation and Entrepreneurship, 2021, vol. 10, issue 1, 1-24

Abstract: Abstract This study examined the impact of dynamic capacities on the performance of food and beverage enterprises in Lagos, Nigeria. The following sub-variables (strategic decision-making capacity, product innovation capacity, strategic flexibility, competitive intensity, technological turbulence, and technological capability) were employed to represent the variable of dynamic capacity. Also, the following sub-variables (sales growth, enterprise survival, enterprise efficiency, and competitive advantage) were employed to represent the variable of enterprise performance. Primary data was used to achieve descriptive and inferential statistics, and the statistics is estimated by the PLS-SEM method which was calibrated on Lisrel 8.70 software. This study found that product innovation, competitive intensity and technological turbulence, technological capability and competitive intensity, and strategic flexibility are critical sub-variables in determining the robustness of dynamic capacities, as they adequately improve increasing sales growth, survival, and sustenance of enterprise into the unforeseeable future, efficiency of enterprise, and competitive advantage of food and beverage manufacturing enterprises, respectively, particularly in this trying period that is evidenced with technological change and competition, among others.

Keywords: Dynamic capacities; Enterprise; Performance; SEM (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1186/s13731-021-00169-1

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