Dynamic capabilities as antecedents of the scope of related diversification: the case of small firm accountancy practices

Article


Døving, E. and Gooderham, P. 2008. Dynamic capabilities as antecedents of the scope of related diversification: the case of small firm accountancy practices. Strategic Management Journal. 29 (8), pp. 841-857. https://doi.org/10.1002/smj.683
TypeArticle
TitleDynamic capabilities as antecedents of the scope of related diversification: the case of small firm accountancy practices
AuthorsDøving, E. and Gooderham, P.
Abstract

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.

PublisherWiley
JournalStrategic Management Journal
ISSN1097-0266
Publication dates
PrintAug 2008
Publication process dates
Deposited12 Apr 2011
Output statusPublished
Digital Object Identifier (DOI)https://doi.org/10.1002/smj.683
LanguageEnglish
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