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The applicability of Grant's framework in the dynamic digital age: a review and agenda for future research
journal contribution
posted on 2023-06-09, 18:39 authored by Mona Rashidirad, Ebrahim Soltani, Hamid Salimian, Yingying LiaoPurpose This paper aims to investigate the applicability of Grant’s framework in the current changing and dynamic environment. Design/methodology/approach In this paper, a critical review of Grant’s paper was conducted to identify the limitations and weaknesses of the framework, which prevent its effective application in the current digital age. Findings As a result, this paper presented a modified framework and four propositions to consider dynamic capabilities in the new turbulent environment and extend the relationships between a firm’s resources, capabilities, dynamic capabilities, competitive advantage and competitive strategy. Findings tied to this initiative will provide important contributions to research. Originality/value Rooted in resource-based view (RBV), the proposed framework puts forward a valid theoretical foundation on how to create a competitive advantage from a firm’s internal factors, including strategic resources, capabilities and dynamic capabilities. Furthermore, it contributes to RBV literature by considering dynamic capabilities, as the firms’ most crucial factors in the current dynamic digital market.
History
Publication status
- Published
File Version
- Accepted version
Journal
European Business ReviewISSN
0955-534XPublisher
EmeraldExternal DOI
Issue
6Volume
27Page range
656-678Department affiliated with
- Business and Management Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2019-08-19First Open Access (FOA) Date
2019-08-19First Compliant Deposit (FCD) Date
2019-08-16Usage metrics
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