The dynamic capabilities view is a central perspective in the field of strategic management that deals with the question of how firms create and sustain a competitive advantage (Teece, 2007; Teece, Pisano, Teece et al., 1997). However, dynamic capabilities require further investigation to gain a better understanding of antecedents, processes, and outcomes in various organizational contexts. My dissertation includes five studies: One systematic literature review, one empirical qualita-tive study, and three empirical quantitative studies. The first study of this thesis provides a holistic overview on socioemotional wealth (SEW), which plays a central role for decision making in family firms and can be an antecedent of a firm’s dynamic capabilities (Berrone, Cruz, Fitz-Koch Etter, Colleoni, Illia, Meggiorin, & D’Eugenio, 2018). Overall, based on a literature review highlighting the central role of SEW for decision making, this thesis provides several empirical studies on the role of firms’ dynamic capabilities in strategic management. By taking a process perspective on the handover and reconfiguration of the intangible resource SC during succession, studying antecedents, contextual factors, and outcomes of a firm’s explorative learning capabilities, and unveiling positive outcomes of a firm’s CSR and CSR communication capabilities on stakeholders’ perception, this thesis advances knowledge in the field of a firm’s dynamic capabilities.
Eva Elisabeth Dötschel (Wed,) studied this question.