The impact of dynamic capabilities on firm performance mediated by business model innovation and sustainable competitive advantage

The purpose of the present study was to investigate the impact of dynamic capabilities on the firm performance through the mediating role of business model innovation and sustainable competitive advantage, and the role of moderating environmental dynamics.

This research is applied in terms of purpose and descriptive-survey in terms of data collection. The statistical population of the study is companies located in of Tehran province. The sample size was determined with G-Power 3 software 222 people and the available non-probability method was used for sampling and 218 questionnaires were obtained by online survey. The research model was also analyzed based on the structural equation modeling approach with Smart PLS 3.

Dynamic capabilities have a positive and significant effect on firms' performance, and business model innovation mediated this relationship. Perceived environmental dynamics also moderated only the relationship between dynamic capabilities and "business model innovation, sustainable competitive advantage, and firm performance".

Originality/Value: 

The role of dynamic capabilities is an important and strategic necessity for guiding, supporting and managing resources in order to create a sustainable competitive advantage and achieve superior performance, and provides a key insight for managers to abandon traditional approaches, and focusing on core competencies, Strengthen their position in the market.