A1 Journal article (refereed), original research

Emerging-market firms’ dynamic capabilities and international performance: The moderating role of institutional development and distance

Open Access publication

Publication Details
Authors: Gölgeci Ismail, Assadinia Shahin, Kuivalainen Olli, Larimo Jorma
Publisher: Elsevier
Publication year: 2019
Language: English
Related Journal or Series Information: International Business Review
Volume number: 28
Issue number: 6
ISSN: 0969-5931
eISSN: 1873-6149
JUFO-Level of this publication: 2
Open Access: Open Access publication
Location of the parallel saved publication: http://urn.fi/URN:NBN:fi-fe202001212794


While extant research has examined the separate influences of dynamic
capabilities and institutions on international performance, their
interactive role has received limited attention. Therefore, we examine
the role of host-country institutional conditions in the relationships
between emerging-market firms’ (EMFs) innovation-related dynamic
capabilities and their international performance. We use multi-source
secondary data and primary data from multiple informants from 254
Turkish international firms to test our framework. The study finds that
the linkages between three innovation-related dynamic capabilities
(innovativeness, supply-chain agility, and adaptability) and
international performance are positively and negatively moderated by
institutional development and institutional distance, but that their
influences are opposite. These influences demonstrate that host-country
institutional conditions shape the link between dynamic capabilities and
EMFs’ international performance in a multifaceted and paradoxical

Last updated on 2020-20-03 at 10:03

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