Dynamic capabilities framework and its transformative contributions

S. Tamer Cavusgil () and Seyda Z. Deligonul
Additional contact information
S. Tamer Cavusgil: J. Mack Robinson College of Business, Georgia State University
Seyda Z. Deligonul: J. Mack Robinson College of Business, Georgia State University

Journal of International Business Studies, 2025, vol. 56, issue 1, No 4, 33-42

Abstract: Abstract Dynamic capabilities refer to an organization’s ability to integrate, build, and reconfigure internal and external competencies to address a rapidly developing environment. In his highly influential 2014 JIBS paper, David Teece provides a holistic explanation of how firms can: achieve sustained competitive advantage, adjust and preserve superior performance, and adapt to changing environments. The article, along with Teece’s related contributions, is remarkable in that it has led us to rethink and reframe our conventional understanding of markets, strategy, competitive advantage, and the firm. In this commentary, we reflect on the transformative contributions of the article. We argue that the dynamic capabilities framework provides a foundation for theorizing and developing a coherent logic that guides theory development.

Keywords: Dynamic capabilities; Competencies; Competitive advantage; Firm strategy; Holistic theory development (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1057/s41267-024-00758-8 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jintbs:v:56:y:2025:i:1:d:10.1057_s41267-024-00758-8

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/41267/PS2

DOI: 10.1057/s41267-024-00758-8

Access Statistics for this article

Journal of International Business Studies is currently edited by John Cantwell

More articles in Journal of International Business Studies from Palgrave Macmillan, Academy of International Business
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().