Morphology Of The Economic Category Of Dynamic Capabilities

Monika Mihaylova ()
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Monika Mihaylova: Varna University of Economics

Business & Management Compass, 2013, issue 1, 86-97

Abstract: The present article is dedicated to the morphology describing the structure and interrelations between the individual levels and elements of dynamic capabilities. There are mentioned some of the major debatable aspects, ensuing from the complex and multi-layer nature of this economic category. On the basis of a study of a number of bibliographical sources there are drawn the definition and main characteristics of dynamic capabilities. There are differentiated three clearly delimited hierarchical levels of existence – accommodative, transformational and regenerative. There is given a detailed analysis of the main descriptors, on the basis of which there is drawn the conclusion that the elements constituting dynamic capabilities can be differentiated in four distinct, but mutually complementary and reinforcing groups, namely – absorbative, integrative, coordinative and innovative capabilities. For a conclusion there is presented the morphology of dynamic capabilities, revealing the interrelations between the individual levels and elements.

Keywords: dynamic capabilities; competitive advantage; competitiveness of the enterprise (search for similar items in EconPapers)
JEL-codes: L25 O31 (search for similar items in EconPapers)
Date: 2013
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