MARKET ORIENTATION, MARKETING CAPABILITIES, AND FIRM PERFORMANCE
成果类型:
Article
署名作者:
Morgan, Neil A.; Vorhies, Douglas W.; Mason, Charlotte H.
署名单位:
Indiana University System; Indiana University Bloomington; IU Kelley School of Business; University of Mississippi; University System of Georgia; University of Georgia
刊物名称:
STRATEGIC MANAGEMENT JOURNAL
ISSN/ISSBN:
0143-2095
DOI:
10.1002/smj.764
发表日期:
2009
页码:
909-920
关键词:
marketing capabilities
Market orientation
firm performance
摘要:
Drawing on traditional resource-based theory and its recent dynamic capabilities theory extensions, we examine both the possession of a market orientation and the marketing capabilities through which resources are deployed into the marketplace as drivers of firm performance in a cross-industry sample. Our findings indicate that market orientation and marketing capabilities are complementary assets that contribute to superior firm performance. We also find that market orientation has a direct effect on firms' return on assets (ROA), and that marketing capabilities directly impact both ROA and perceived firm performance. Copyright (C) 2009 John Wiley & Sons, Ltd.