Impact of Dynamic Capabilities on Performance in Dairy Sheep Farms in Spain
| Autor: | Jose Luis Montes-Botella, Antón García, Carmen De-Pablos-Heredero, Santiago Martín-Romo-Romero, María Teresa Bastanchury-López |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Geography
Planning and Development TJ807-830 Management Monitoring Policy and Law TD194-195 Structural equation modeling Renewable energy sources technological innovation 0502 economics and business GE1-350 computer.programming_language Environmental effects of industries and plants Renewable Energy Sustainability and the Environment viability 05 social sciences 0402 animal and dairy science 04 agricultural and veterinary sciences Environmental economics sustainability 040201 dairy & animal science Environmental sciences Economic sustainability Sustainability farm entrepreneurship Business Dynamic capabilities computer dynamic capabilities new value creation 050203 business & management Delphi |
| Zdroj: | Sustainability, Vol 12, Iss 3368, p 3368 (2020) Sustainability Volume 12 Issue 8 |
| ISSN: | 2071-1050 |
| Popis: | This study links the dynamic capabilities (DCs) theory with performance in dairy sheep farms in Castilla La Mancha (central Spain). The approach is novel as it seeks to understand how best results can be achieved by deploying DCs in farms. The proposal is that dynamic capabilities are interrelated to each other and present a positive impact on the farm&rsquo s economic sustainability. A mixed methods approach (a combination of qualitative and quantitative methods of research) was utilized. First, 30 indicators of dynamic capabilities (8 of absorption, 11 of integration, 9 of innovation, and 2 of profits) were selected by applying Delphi&rsquo s methodology. Second, a structural equation model (SEM) was applied over a random sample of 157 dairy sheep farms to measure the relationship between DCs and the impact of each capability on farms&rsquo final performance. The existence of positive relationships amongst absorption, integration, and innovation capabilities was evidenced. Absorption and integration capabilities exhibited positive influences on a farm&rsquo s final performance. The knowledge of the relationships amongst dynamic capabilities is a new orientation to increase farms&rsquo viability. These findings reveal that the application of the dynamic capabilities theory can explain best farms&rsquo economic sustainability. |
| Databáze: | OpenAIRE |
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