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Dynamic capabilities as antecedents of the scope of related diversification: the case of small firm accountancy practices
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Dynamic capabilities as antecedents of the scope of related diversification: the case of small firm accountancy practices
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Journal Article
Dynamic capabilities as antecedents of the scope of related diversification: the case of small firm accountancy practices
2008
Overview
We propose that differences in the scope of related diversification in firms can be accounted for by differences in their dynamic capabilities. In order to test this, we analyze 254 Norwegian small firm accountancy practices' possession of key dynamic capabilities including the heterogeneity of their human capital, their internal development routines, and their alliances with complementary service providers. We also analyze the influence of strategic choice, in terms of the positioning of the practice and its underlying strategic intent. While we observe no clear effects for these two latter factors, we find that dynamic capabilities have a distinct impact on the scope of services.
Publisher
John Wiley & Sons, Ltd,John Wiley and Sons,Wiley Periodicals Inc
Subject
