Impact of Dynamic Capacities on the Performance of Food and Beverage Enterprises in Lagos, Nigeria
This study examined the impact of dynamic capacities on the performance of food and beverage enterprise in Lagos, Nigeria. The following sub-variables (strategic decision-making capacity, product innovation capacity, strategic flexibility, competitive intensity, technological turbulence, and technological capability) were employed to represent the variable of dynamic capacity. Also, the following sub-variables (sales growth, enterprise survival, enterprise efficiency and competitive advantage) were employed to represent the variable of enterprise performance. Primary data was used to achieve descriptive and inferential statistics, and the statistics is estimated by PLS-SEM method which was calibrated on Lisrel 8.70 software.
This study found that product innovation, competitive intensity and technological turbulence, technological capability and competitive intensity, and strategic flexibility are critical sub-variables in determining the robustness of dynamic capacities, as they adequately improve increasing sales growth, survival and sustenance of enterprise into the unforeseeable future, efficiency of enterprise, and competitive advantage of food and beverage manufacturing enterprises respectively, particularly in this trying period that is evidenced with technological change, competition, among others.
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Posted 18 Dec, 2020
On 19 Feb, 2021
Received 15 Dec, 2020
Invitations sent on 04 Dec, 2020
On 04 Dec, 2020
On 02 Dec, 2020
On 02 Dec, 2020
On 02 Dec, 2020
Received 14 Jul, 2020
On 18 Jun, 2020
Invitations sent on 26 May, 2020
On 26 May, 2020
On 28 Apr, 2020
On 27 Apr, 2020
On 27 Apr, 2020
On 27 Apr, 2020
Impact of Dynamic Capacities on the Performance of Food and Beverage Enterprises in Lagos, Nigeria
Posted 18 Dec, 2020
On 19 Feb, 2021
Received 15 Dec, 2020
Invitations sent on 04 Dec, 2020
On 04 Dec, 2020
On 02 Dec, 2020
On 02 Dec, 2020
On 02 Dec, 2020
Received 14 Jul, 2020
On 18 Jun, 2020
Invitations sent on 26 May, 2020
On 26 May, 2020
On 28 Apr, 2020
On 27 Apr, 2020
On 27 Apr, 2020
On 27 Apr, 2020
This study examined the impact of dynamic capacities on the performance of food and beverage enterprise in Lagos, Nigeria. The following sub-variables (strategic decision-making capacity, product innovation capacity, strategic flexibility, competitive intensity, technological turbulence, and technological capability) were employed to represent the variable of dynamic capacity. Also, the following sub-variables (sales growth, enterprise survival, enterprise efficiency and competitive advantage) were employed to represent the variable of enterprise performance. Primary data was used to achieve descriptive and inferential statistics, and the statistics is estimated by PLS-SEM method which was calibrated on Lisrel 8.70 software.
This study found that product innovation, competitive intensity and technological turbulence, technological capability and competitive intensity, and strategic flexibility are critical sub-variables in determining the robustness of dynamic capacities, as they adequately improve increasing sales growth, survival and sustenance of enterprise into the unforeseeable future, efficiency of enterprise, and competitive advantage of food and beverage manufacturing enterprises respectively, particularly in this trying period that is evidenced with technological change, competition, among others.
Figure 1
Figure 2
Figure 3