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How dynamics, management, and governance of resource deployments influence firm‐level performance
Abstract
Abstract To help understand how firms develop and maintain dynamic capabilities, we examine the effects of the dynamics, management, and governance of R & D and marketing resource deployments on firm‐level economic performance. In a sample of technology‐based entrepreneurial firms, we find that a history of increased investments in marketing is an enduring source of competitive advantage. We also find that managers' firm‐specific experience positively moderates the relationship between R & D deployment intensity and economic returns. In addition, institutional ownership boosts economic returns from marketing deployments by subjecting these deployments to increased scrutiny and by sending positive signals to the market about the firm. Copyright © 2005 John Wiley & Sons, Ltd.
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“Kor and Mahoney's (2005: 495) finding in the medical instruments industry that 'R&D investments convert into revenue-generating products typically within a period of three years'”
From On the contingent value of dynamic capabilities for competitive advantage: The nonlinear moderating effect of environmental dynamism (2014) · cites this paper as Kor and Mahoney, 2005
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Metadata
- Authors
- Kor, Y. Y., & Mahoney, J. T.
- Affiliations
- University of Delaware (US)
- University of Illinois Urbana-Champaign (US)
- Corresponding author
- Mahoney, Joseph T.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2005-03-11
- Volume
- 26
- Issue
- 5
- Pages
- 489-496
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2024812403
- Cited by
- 497
- References
- 34
- Citations by year
- 2026: 21 · 2025: 24 · 2024: 28 · 2023: 14 · 2022: 19 · 2021: 40 · 2020: 31 · 2019: 30 · 2018: 26 · 2017: 31 · 2016: 25 · 2015: 17 · 2014: 29 · 2013: 34 · 2012: 21
- FWCI
- 39.96
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Strategic Management Journal (publishedVersion)
- Funders
- University of Illinois at Urbana-Champaign
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Firm Innovation and Growth
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Entrepreneurship Studies and Influences
- Keywords
- dynamic capabilities, resource deployment, competitive advantage, institutional ownership, entrepreneurial firms, technology companies
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