IN WITH THE OLD, IN WITH THE NEW: CAPABILITIES, STRATEGIES, AND PERFORMANCE AMONG THE HOLLYWOOD STUDIOS

• 成果类型: Editorial Material
• 署名作者: Shamsie, Jamal; Martin, Xavier; Miller, Danny
• 署名单位: Michigan State University; Tilburg University; Universite de Montreal; HEC Montreal
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.789
• 发表日期: 2009
• 页码: 1440-1452
• 关键词: dynamic capabilities; contingent strategies; project-based firms; motion picture industry; film genres

摘要

An increased focus on turbulent environments has led to a growing interest among researchers in the concept of dynamic capabilities. In this study, we approach dynamic capabilities in a framework of two complementary processes. On one hand, firms can build upon existing capabilities in products and markets in which they have experienced recent success; on the other hand, they call also intentionally focus on other products and markets in which the), seek to build capabilities to address their lack of recent success. We examine these two processes within project-based industries and identify replication and renewal as two types of strategies that firms use to add a dynamic component to their capabilities. We also theorize that the success of each of these strategies is tied to differentiation from rivals, and to firm-level resource availability and industry-level demand characteristics. We test these propositions by focusing oil the film genres that were offered by the Hollywood studios over a thirty-year period. Copyright (C) 2009 John Wiley & Sons, Ltd.