Document Type


Publication Date



Building from resource-based view, this study developed a model of the dynamic capabilities strategy in an emerging market, especially with a particular focus on the new ventures. We generated hypotheses based on this framework, linking them with new venture performance, with the moderation role of environmental dynamism. We tested our hypotheses on a sample of new ventures in the context of China's Yangtze River Delta Region. Empirical results showed that environmental sensing capability and changing and renewal capability had significant impacts on new venture performance. Additionally, environmental sensing capability, and changing and renewal capability both had a stronger impact on new venture performance at higher levels of environmental dynamism. Implications and future research directions are considered.


Published originally as "When should organizational change be implemented? The moderating effect of environmental dynamism between dynamic capabilities and new venture performance." Journal of Engineering and Technology Management 30, no. 2 (2013): 188-205.

Publication Title

Journal of Engineering and Technology Management