Dynamic Capabilities Associated with a Firm’s Growth in Developing Countries. A Comparative Study of Argentinean SMEs in the Software and Tourism Industries

摘要

Although recent evidence suggests that the development of dynamic capabilities (DC)udis a key factor to gain and sustain competitive advantages to promote firm´s growth,udthe question of how SMEs create, identify, and seize opportunities for growth haveudnot been fully explored, particularly in developing countries with scarce resources.udThe aim of this study is to shed light on how SMEs develop capabilities to grow inudthe specific context of developing countries with resources constraints. To achieveuda detailed description of the processes involved, this study applies a qualitativeudmethodology based on a comparative case study of eight SMEs within the softwareudand tourism industries in Argentine, which have been previously identified asuddynamic sectors with high growth potential. Our findings suggest that SMEs developudDC mainly through an emerging process of iterative experimentation rather thanudthrough strategic planning. This process involves the coordination of organizationaludactions and resources, with managers playing a key role.