| Summary: | 博士 === 國立東華大學 === 企業管理學系 === 102 === Dynamic capabilities in strategy management have need further to narrow down the gap between conceptual and empirical grounding. This dissertation is based on theory of dynamic capabilities to explore the role of organizational slack on strategic resource allocation. Building on the prior literature, this research argues that the dynamic capabilities are composed of six components: organizational slack (sensing and shaping opportunities and threats), innovaiton investment (seizing opportinities), organizational capability and resource arrangement (managing threats and reconfiguration), environmental tubulence, and performance. Comprehending what framework consisting of these components can initiate dynamic capabilities of a firm, will enhance our understanding of sustainable advantages.
Research designs in this study included two sub-studies. One focuses on managerial cognition, and the other emphasizes on longitudinal relationship. The first study, through organizational cognition, develops a model to explain causes and effects of organizational capabilities by describing how organizational slack affects organizational performance. Results of structural equation modeling indicate that: (1) financial slack has a positive effect on strategic flexibility, but operational slack has a negative effect on organizational learning; (2) through the mediation of coordination, strategic flexibility has an indirect positive effect on financial performance; (3) through the mediation of reconfiguration, organizational learning has an indirect positive effect on innovation performance and brand performance.
The second study, using longitudinal mediation model, examines innovation investment mediates the relationship between organizational slack and performance. Results indicate that there is a positive relationship between innovation investment and performance, but environmental turbulence has no moderating effect on the observed relationship.
These results reveal that: (1) different forms of organizational slack exercise different influences on organizational performance, and organizational capabilities and resource rearrangement play important bridging roles in this process; (2) there exist the influence relationship between organizational slack, innovation investment, and performance.
Keywords: dynamic capabilities, organizational slack, innovation investment, organizational capability, environmental turbulence
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