The relationship between dynamic capabilities, the firm’s resource base and performance in a post-disaster environment

Martina Battisti, David Deakins

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Abstract

This article draws on quantitative survey evidence to explore the role of dynamic capabilities in a post-disaster environment, that of Christchurch in New Zealand after the 2010 and 2011 series of major earthquakes. We develop a model to examine the relationship between dynamic capabilities, disaster-related changes to the firm’s resource base and its performance. The hypotheses are tested using a sample of 545 small firms that have been affected by the earthquakes. Results highlight the importance of a firm’s proactive posture and capability to integrate resources in recognising new opportunities in an environment characterised by high volatility and increased uncertainty. These findings offer important theoretical and practical implications.
Original languageEnglish
Pages (from-to)78-98
Number of pages21
JournalInternational Small Business Journal
Volume35
Issue number1
Early online date5 Nov 2015
DOIs
Publication statusPublished - 1 Feb 2017

Keywords

  • disaster
  • earthquake
  • New Zealand
  • recovery

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