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Crystal market: a way to study knowledge-based dynamic capabilities

Crystal market: a way to study knowledge-based dynamic capabilities In this work, the authors address a gap in the literature on the contribution of dynamic capabilities and internal contingencies to performance in a highly competitive environment.Design/methodology/approachThe authors use data from the Premier Football (soccer) League in Portugal over ten years. This league works as a laboratorial setting and enables the authors to identify the influences of the variables in the study.FindingsThe authors find evidence that human capital is decisive to a team's performance. This study’s findings question the role of the alignment between the different levels of the organization: strategic, tactical and operational.Research limitations/implicationsWith this work, the authors stress the importance (1) of using alternative scenarios in management research and (2) of the way that human and social capitals and managerial cognition and internal contingencies influence the development of knowledge-based dynamic capabilities, especially in highly regulated industries such has sports clubs.Practical implicationsThis work provides evidence on the importance of strategic coherence at different structural levels of the organization. Furthermore, it highlights the need to secure the right resources at the right time.Originality/valueThe authors propose a setting to run the study: a crystal market and an original measure of performance that reflect the relative achievement of market potential. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Sport, Business and Management: An International Journal Emerald Publishing

Crystal market: a way to study knowledge-based dynamic capabilities

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Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
2042-678X
DOI
10.1108/sbm-06-2020-0060
Publisher site
See Article on Publisher Site

Abstract

In this work, the authors address a gap in the literature on the contribution of dynamic capabilities and internal contingencies to performance in a highly competitive environment.Design/methodology/approachThe authors use data from the Premier Football (soccer) League in Portugal over ten years. This league works as a laboratorial setting and enables the authors to identify the influences of the variables in the study.FindingsThe authors find evidence that human capital is decisive to a team's performance. This study’s findings question the role of the alignment between the different levels of the organization: strategic, tactical and operational.Research limitations/implicationsWith this work, the authors stress the importance (1) of using alternative scenarios in management research and (2) of the way that human and social capitals and managerial cognition and internal contingencies influence the development of knowledge-based dynamic capabilities, especially in highly regulated industries such has sports clubs.Practical implicationsThis work provides evidence on the importance of strategic coherence at different structural levels of the organization. Furthermore, it highlights the need to secure the right resources at the right time.Originality/valueThe authors propose a setting to run the study: a crystal market and an original measure of performance that reflect the relative achievement of market potential.

Journal

Sport, Business and Management: An International JournalEmerald Publishing

Published: Jul 20, 2021

Keywords: Dynamic capabilities; Resource-based view; Human capital; Interorganizational relations; Panel data methods; L21; L22

References