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Research Paper | Construction Management | Bulgaria | Volume 9 Issue 6, June 2020 | Popularity: 6.6 / 10

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Influence of the Specific Characteristics of the Firm on the Building of Dynamic Capabilities Study of the Example of the Construction Firm

Aneta Marichova

Abstract: Building dynamic capabilities in a single firm requires capacity, knowledge, skills, experience of the management, which allow the use of external and internal factors in order to improve organization, management decisions and implementation of new business models. The aim of managers must be not just building a system of dynamic capabilities that have similar, common characteristics, but integrating them in a different, specific way into an overall corporate structure and organization. In the study the author addresses the following several issues: 1) What is the nature and scope of the dynamic capabilities and their relationship with the operational capabilities or functional competencies of the firm, 2) How does an individual firm build its dynamic capabilities, 3) What specific methods and approaches do managers apply to build dynamic capabilities in a firm 4) What is the impact of the organizational characteristics of the firm on this process

Keywords: Construction Firm, Dynamic Capabilities, Functional Competencies, Specific Characteristics of the Firm

Edition: Volume 9 Issue 6, June 2020

Pages: 1521 - 1530

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