Dynamic capabilities of an enterprise: theoretical-practical basis, scope of application, measurement


Keywords: dynamic capabilities, dynamic capacity, Ukrainian enterprises, questionnaire

Abstract

Purpose – to highlight conceptual foundations of the theory of dynamic capabilities of an enterprise and to reveal its application potential.

Results. The present research identified relevant problematic aspects of the theory of dynamic capabilities of enterprises and highlighted the ways of their solution. First, it is an imperative for the further development of  fundamental base of the theory of dynamic capabilities and finding a scientifically-substantiated effective empirical procedure for their measurement. Second, there is a limited penetration of the concept of dynamic capabilities into Ukrainian scientific community and the existence of difficulties in the interpretation of the theoretical and applied English-language developments. The article revealed historical and scientific-methodical provisions for the formation of the theory of dynamic capabilities of enterprises. Authors defined conceptual provisions of the Western founders of the theory of dynamic capabilities and scientific coverage of this direction of research in Ukraine. The paper considers the potential of the application of theoretical-practical foundations of dynamic capabilities at enterprises. Methodological solutions are presented to measure the dynamic capabilities of Ukrainian enterprises.

Originality/value/scientific novelty of the research. Authors conceptualized the logic of formation of the theory of dynamic capabilities and identified promising directions of its transformation in terms of studying the basic factors that affect the performance of key human resources; the ability is proven to implement the applied measures in countries with a different type of economic system, in different sectors and markets by enterprises engaged in commercial and non-profit activities regardless of their type and size; the basics of methodology were developed for the adaptation of the English-language methodological developments to the level of their practical application at Ukrainian enterprises with the possibility of obtaining statistically significant results and their further application in order to improve efficiency.

Practical importance of the research. Results of the research provide the Ukraine-language scientific community with the possibility to explore the potential of the theory of dynamic capabilities, to create the possibility for enterprises employees to self-diagnose dynamic capabilities and to make comparisons over time of their own achievements with the success of other participants in market relations.

Research limitations/Future research. The prospect of further research is to develop a comprehensive applied mechanism for measuring the dynamic capabilities of an enterprise, which would allow the design and implementation of measures to improve profitability, as well as attaining competitive success over tactical period and maintaining it over strategic period. 

Paper type – theoretical.

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Author Biographies

Sergii Eduardovich Sardak, Oles Honchar Dnipropetrovsk National University, Dnipro, Ukraine

д.е.н., доцент, професор кафедри економіки та управління національним господарством

Oleksandr P. Krupskyi, Oles Honchar Dnipropetrovsk National University, Dnipro, Ukraine

к.психол.н, доцент, доцент кафедри менеджменту та туристичного бізнесу

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Published
2017-03-25
How to Cite
Sardak, S., & Krupskyi, O. (2017). Dynamic capabilities of an enterprise: theoretical-practical basis, scope of application, measurement. European Journal of Management Issues, 25(1), 36-42. https://doi.org/10.15421/191706