Original Research

Leveraging resources and dynamic capabilities for organizational resilience amid COVID-19

Ning Ning You, Yitian Lou, Wuke Zhang, Dezhi Chen, Luyao Zeng
South African Journal of Business Management | Vol 54, No 1 | a3802 | DOI: https://doi.org/10.4102/sajbm.v54i1.3802 | © 2023 Ning Ning You, Yitian Lou, Wuke Zhang, Dezhi Chen, Luyao Zeng | This work is licensed under CC Attribution 4.0
Submitted: 14 November 2022 | Published: 13 July 2023

About the author(s)

Ning Ning You, Department of Innovation and Strategy, Antai College of Economics and Management, Shanghai Jiao Tong University, Shanghai, China
Yitian Lou, Department of Psychology, University of Toronto, Toronto, Canada
Wuke Zhang, Department of Economics. Antai College of Economics and Management, Shanghai Jiao Tong University, Shanghai, China
Dezhi Chen, Department of Innovation and Strategy, Antai College of Economics and Management, Shanghai Jiao Tong University, China
Luyao Zeng, Department of Public Administration, School of Public Administration, Sichuan University, China

Abstract

Purpose: The aim of this study was to explore the effectiveness of the resource-based view (RBV) and dynamic capabilities (DCs) to settle the problem of how and why a firm could achieve successful resilience under the context of the COVID-19.

Design/methodology/approach: A survey was conducted among 596 Chinese firms, and a structural equation model was applied.

Findings/results: The empirical results indicate that both valuable, rare, inimitable, and non-substitutable (VRIN) and non-VRIN resources can promote better organisational resilience (OR). Moreover, DCs could mediate the relationship between the RBV and OR. Specifically, DCs could fully mediate the connection between non-VRIN resources and OR, while they can only partially mediate the relationship between VRIN resources and OR.

Practical implications: The results of this study provide recommendations for how to proceed in environments where significant crises and outbreaks may occur. These findings are useful for business decision-making and enabling companies to develop new business strategies.

Originality/value: Previous studies have investigated the drivers of OR from the perception of business strategies and practices. This study is the first to empirically test DCs as intermediary variable from RBV to promote the resilience of enterprises in the context of COVID-19.


Keywords

COVID-19 pandemic; VRIN resources; non-VRIN resources; organisational resilience; dynamic capabilities.

JEL Codes

L00: General; L20: General; M00: General

Sustainable Development Goal

Goal 9: Industry, innovation and infrastructure

Metrics

Total abstract views: 1121
Total article views: 1958

 

Crossref Citations

1. Investigating the factors of SMEs’ business resilience in the post-pandemic crisis of COVID-19 with technology adoption as a quasi-moderator: a multigroup analysis of Indonesian and Malaysian SMEs
Elissa Dwi Lestari, Nadiah Abd Hamid, Roszilah Shamsuddin, Florentina Kurniasari, Zalilawati Yaacob
Cogent Business & Management  vol: 11  issue: 1  year: 2024  
doi: 10.1080/23311975.2023.2301135