A1 Journal article (refereed), original research

Dynamic capabilities, operational changes, and performance outcomes in the media industry

Publication Details
Authors: Jantunen Ari, Tarkiainen Anssi, Chari Simos, Oghazi Pejvak
Publisher: Elsevier
Publication year: 2018
Language: English
Related Journal or Series Information: Journal of Business Research
ISSN: 0148-2963
eISSN: 1873-7978
JUFO-Level of this publication: 2
Open Access: Not an Open Access publication


The dynamic capabilities theorem posits that rapidly changing operating
environments necessitate dynamic capabilities (i.e. sensing, seizing and
reconfiguring) for success. Dynamic capabilities reconfigure existing
asset positions and create organizational renewal. We contend that
higher performance outcomes can be achieved when dynamic capabilities
interact with operational-level changes (i.e., changes in management and
practices or changes in used technologies and target markets). The
present study explores different pathways of dynamic capabilities and
operational-level changes for performance success in a media industry
context (i.e., magazines). Due to the digitalization of its business,
the media industry has undergone significant changes the past years. We
use a set-theoretic approach with fsQCA and data from 78 magazines to
test our conceptualization. Our findings contribute to the literature of
dynamic capabilities by providing empirical evidence on the
relationship between dynamic capabilities, operational changes, and

Last updated on 2019-13-03 at 12:00