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Managerial perceptions of the competitive environment and dynamic capabilities generation

Vanesa Barrales‐Molina (Department of Management, University of Granada, Granada, Spain)
Jose Benitez‐Amado (Department of Management, University of Granada, Granada, Spain)
María N. Perez‐Arostegui (Department of Management, University of Granada, Granada, Spain)

Industrial Management & Data Systems

ISSN: 0263-5577

Article publication date: 28 September 2010

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Abstract

Purpose

The aim of this paper is to study empirically the influence of managerial perceptions of the environment on dynamic capabilities (DC) generation. It seeks to identify three dimensions of competitive environment (dynamism, complexity, and munificence) and then use the theoretical model developed by Zollo and Winter to explain DC creation.

Design/methodology/approach

The authors use data collected from 200 Spanish firms through a questionnaire to perform multiple and simple regression analyses that examine the relationship between managerial perceptions and DC generation.

Findings

It is found that managerial perception of munificence in the environment is related positively and significantly to the processes of DC creation; only when managers perceive the environment as highly dynamic and complex do they promote processes for developing DC.

Practical implications

The findings suggest that managerial cognition plays an important role in DC processes. Thus, managers should evaluate their mental models and value systems to determine whether they provide an accurate understanding of the environment.

Originality/value

The understanding of DC must be developed though empirical papers, as unresolved theoretical inconsistencies create many challenges in this area. The proliferation of theoretical papers has produced a disconnected body of research.

Keywords

Citation

Barrales‐Molina, V., Benitez‐Amado, J. and Perez‐Arostegui, M.N. (2010), "Managerial perceptions of the competitive environment and dynamic capabilities generation", Industrial Management & Data Systems, Vol. 110 No. 9, pp. 1355-1384. https://doi.org/10.1108/02635571011087437

Publisher

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Emerald Group Publishing Limited

Copyright © 2010, Emerald Group Publishing Limited

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