The influence of industry characteristics and dynamic capabilities on firms' profitability

Artikel

The aim of this research was to explore one of the most intriguing dimensions of every firm's business-its performance. Aside from analysing the influence of industry's characteristics on the firm's performance, the authors addressed the characteristics of dynamic capabilities and their role in contribution to the firm's ultimate success. The analysis was conducted on a sample of 118 small Croatian manufacturing companies. The application of the Structural Equation Modelling (SEM) approach revealed a statistically significant influence of both the industry's characteristics (represented by Porter's five forces framework) and dynamic capabilities (based on Teece's theory) on the firm's performance, where the influence of dynamic capabilities is proven to be larger than that of the industry.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: International Journal of Financial Studies ; ISSN: 2227-7072 ; Volume: 6 ; Year: 2018 ; Issue: 1 ; Pages: 1-19 ; Basel: MDPI

Classification and Topics

• Classification: Wirtschaft ; Firm Behavior: Empirical Analysis ; Business Objectives of the Firm ; Firm Organization and Market Structure
• Subject: performance ; small business ; industry's characteristics ; structural equation modelling ; dynamic capabilities ; manufacturing ; Croatia

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Pervan, Maja ; Curak, Marijana ; Kramaric, Tomislava Pavic
• Event: Veröffentlichung
• (who): MDPI
• (where): Basel
• (when): 2018

Further information

• DOI: doi:10.3390/ijfs6010004
• Handle: http://hdl.handle.net/10419/195671
• Last update: 10.03.2025, 11:44 AM CET