Dynamic Capabilities, Innovation and Organizational Learning: Interrelations and Impact on Firm Performance

Jurgita Giniuniene, Lolita Jurksiene

Abstract


Over the past decade, the concept of dynamic capabilities has been of increasing researchers’ interest. This interest can be explained by growing awareness of dynamic capabilities’ impact on competitiveness, business practice and performance results. Scholars state that various difficulties emerge in attempts to empirically measure the concept of dynamic capabilities and its relationship with the other variables. 

It could be assumed that conceptual model of dynamic capabilities and its interdependence with other significant variables offers an explanation as to why some companies manage dynamic challenges and achieve competitive advantage in a volatile environment while others do not. Thus, the purpose of this paper is to propose several significant contributions. Firstly, authors will provide a brief overview of theoretical aspects on dynamic capabilities. Secondly, authors will examine the relations of dynamic capabilities, innovations and organizational learning. And finally, authors will forecast, what impact these relations have on firm performance results.


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