IDEAS home Printed from https://ideas.repec.org/a/gam/jresou/v13y2024i2p22-d1331738.html
   My bibliography  Save this article

Dynamic Capabilities: Unveiling Key Resources for Environmental Sustainability and Economic Sustainability, and Corporate Social Responsibility towards Sustainable Development Goals

Author

Listed:
  • Jacqueline de Almeida Barbosa Franco

    (Department of Production Engineering, School of Engineering, São Paulo State University (UNESP), Av. Engenheiro Luiz Edmundo Carrijo Coube 14-01, Bauru 17033-360, SP, Brazil
    Department of Industrial Production Management, Federal Institute of Education, Science, and Technology of São Paulo, IFSP—Federal School, Salto 13325-047, SP, Brazil)

  • Ary Franco Junior

    (Department of Control and Automation Engineering, Federal Institute of Education, Science and Technology of São Paulo, IFSP—Federal School, Salto 13325-047, SP, Brazil)

  • Rosane Aparecida Gomes Battistelle

    (Department of Civil and Environmental Engineering, School of Engineering, São Paulo State University (UNESP), Av. Engenheiro Luiz Edmundo Carrijo Coube 14-01, Bauru 17033-360, SP, Brazil)

  • Barbara Stolte Bezerra

    (Department of Civil and Environmental Engineering, School of Engineering, São Paulo State University (UNESP), Av. Engenheiro Luiz Edmundo Carrijo Coube 14-01, Bauru 17033-360, SP, Brazil)

Abstract

This paper examines the role of dynamic capabilities as resources for achieving environmental sustainability, economic sustainability, and corporate social responsibility within the pillars of the Sustainable Development Goals. Economic growth and technological progress, while driving societal advancements, have also contributed to challenges such as inefficient resource utilization, social inequality, climate change, and unsustainable production. Through an integrative review, the paper identifies sixteen dynamic capabilities incorporated into a business framework. These capabilities aim to support environmental and economic sustainability, along with corporate social responsibility in line with the Sustainable Development Goals. The paper emphasizes opportunities for companies and academia to adopt sustainable practices. This contribution aims to advance the broader objective of sustainable development by promoting a balance between societal progress and responsible resource management.

Suggested Citation

  • Jacqueline de Almeida Barbosa Franco & Ary Franco Junior & Rosane Aparecida Gomes Battistelle & Barbara Stolte Bezerra, 2024. "Dynamic Capabilities: Unveiling Key Resources for Environmental Sustainability and Economic Sustainability, and Corporate Social Responsibility towards Sustainable Development Goals," Resources, MDPI, vol. 13(2), pages 1-25, February.
    • Handle: RePEc:gam:jresou:v:13:y:2024:i:2:p:22-:d:1331738
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2079-9276/13/2/22/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2079-9276/13/2/22/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nihal Ahmed & Adnan Ahmed Sheikh & Farhan Mahboob & Muhammad Sibt e Ali & Elżbieta Jasińska & Michał Jasiński & Zbigniew Leonowicz & Alessandro Burgio, 2022. "Energy Diversification: A Friend or Foe to Economic Growth in Nordic Countries? A Novel Energy Diversification Approach," Energies, MDPI, vol. 15(15), pages 1-15, July.
    2. David J. Teece, 2007. "Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance," Strategic Management Journal, Wiley Blackwell, vol. 28(13), pages 1319-1350, December.
    3. Sarah Cheah & Yuen-Ping Ho & Shiyu Li, 2018. "Business Model Innovation for Sustainable Performance in Retail and Hospitality Industries," Sustainability, MDPI, vol. 10(11), pages 1-14, October.
    4. Maurizio Zollo & Sidney G. Winter, 2002. "Deliberate Learning and the Evolution of Dynamic Capabilities," Organization Science, INFORMS, vol. 13(3), pages 339-351, June.
    5. Teece, David J, 2018. "Dynamic capabilities as (workable) management systems theory," Journal of Management & Organization, Cambridge University Press, vol. 24(3), pages 359-368, May.
    6. Jarrod Grainger-Brown & Shirin Malekpour, 2019. "Implementing the Sustainable Development Goals: A Review of Strategic Tools and Frameworks Available to Organisations," Sustainability, MDPI, vol. 11(5), pages 1-18, March.
    7. Rukhshanda Rehman & Muhammad Sagheer Aslam & Elżbieta Jasińska & Muhammad Faisal Javed & Miroslava Goňo, 2023. "Guidelines for the Technical Sustainability Evaluation of the Urban Drinking Water Systems Based on Analytic Hierarchy Process," Resources, MDPI, vol. 12(1), pages 1-26, January.
    8. David J. Teece & Gary Pisano & Amy Shuen, 1997. "Dynamic capabilities and strategic management," Strategic Management Journal, Wiley Blackwell, vol. 18(7), pages 509-533, August.
    9. Xin Su & Shengwen Wang & Feifei Li, 2023. "The Impact of Digital Transformation on ESG Performance Based on the Mediating Effect of Dynamic Capabilities," Sustainability, MDPI, vol. 15(18), pages 1-22, September.
    10. Nazim Hussain & Ugo Rigoni & René P. Orij, 2018. "Corporate Governance and Sustainability Performance: Analysis of Triple Bottom Line Performance," Journal of Business Ethics, Springer, vol. 149(2), pages 411-432, May.
    11. Kolk, Ans, 2016. "The social responsibility of international business: From ethics and the environment to CSR and sustainable development," Journal of World Business, Elsevier, vol. 51(1), pages 23-34.
    12. Hua Feng & Fengyan Wang & Guomin Song & Lanlan Liu, 2022. "Digital Transformation on Enterprise Green Innovation: Effect and Transmission Mechanism," IJERPH, MDPI, vol. 19(17), pages 1-31, August.
    13. Priyadarshini, Priya & Abhilash, Purushothaman Chirakkuzhyil, 2020. "Policy recommendations for enabling transition towards sustainable agriculture in India," Land Use Policy, Elsevier, vol. 96(C).
    14. Marco Taliento & Christian Favino & Antonio Netti, 2019. "Impact of Environmental, Social, and Governance Information on Economic Performance: Evidence of a Corporate ‘Sustainability Advantage’ from Europe," Sustainability, MDPI, vol. 11(6), pages 1-26, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shaker A. Zahra & Olga Petricevic & Yadong Luo, 2022. "Toward an action-based view of dynamic capabilities for international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(4), pages 583-600, June.
    2. Forliano, Canio & Ferraris, Alberto & Bivona, Enzo & Couturier, Jerome, 2022. "Pouring new wine into old bottles: A dynamic perspective of the interplay among environmental dynamism, capabilities development, and performance," Journal of Business Research, Elsevier, vol. 142(C), pages 448-463.
    3. Vera Ndrecaj & Mohamed Ashmel Mohamed Hashim & Rachel Mason-Jones & Valentina Ndou & Issam Tlemsani, 2023. "Exploring Lean Six Sigma as Dynamic Capability to Enable Sustainable Performance Optimisation in Times of Uncertainty," Sustainability, MDPI, vol. 15(23), pages 1-23, December.
    4. Olga Petricevic & David J Teece, 2019. "The structural reshaping of globalization: Implications for strategic sectors, profiting from innovation, and the multinational enterprise," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(9), pages 1487-1512, December.
    5. Nayak, Bishwajit & Bhattacharyya, Som Sekhar & Krishnamoorthy, Bala, 2022. "Exploring the black box of competitive advantage – An integrated bibliometric and chronological literature review approach," Journal of Business Research, Elsevier, vol. 139(C), pages 964-982.
    6. Nigel Driffield & Irina Surdu & Xiaocan Yuan, 2024. "Country-level dynamic capabilities and inward FDI: a framework on future policy adaptations applied to post-Brexit UK," Journal of International Business Policy, Palgrave Macmillan, vol. 7(3), pages 276-294, September.
    7. Lysander Weiss & Dominik Kanbach, 2022. "Toward an integrated framework of corporate venturing for organizational ambidexterity as a dynamic capability," Management Review Quarterly, Springer, vol. 72(4), pages 1129-1170, December.
    8. Ilgaz Arikan & Ipek Koparan & Asli M Arikan & Oded Shenkar, 2022. "Dynamic capabilities and internationalization of authentic firms: Role of heritage assets, administrative heritage, and signature processes," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(4), pages 601-635, June.
    9. van Uden, Annelies & Knoben, Joris & Vermeulen, P.A.M., 2015. "Making Sense of Industry Characteristics as Drivers of Dynamic Capabilites," Other publications TiSEM fbb2a35d-c957-489b-b170-d, Tilburg University, School of Economics and Management.
    10. Jim Andersén, 2023. "Green resource orchestration: A critical appraisal of the use of resource orchestration in environmental management research, and a research agenda for future study," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5506-5520, December.
    11. von den Driesch, Till & Eva Susanne da Costa, Maika & Christina Flatten, Tessa & Brettel, Malte, 2015. "How CEO experience, personality, and network affect firms' dynamic capabilities," European Management Journal, Elsevier, vol. 33(4), pages 245-256.
    12. Quan Anh Nguyen & Gillian Sullivan Mort, 0. "Conceptualising organisational-level and microfoundational capabilities: an integrated view of born-globals’ internationalisation," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-23.
    13. Greg Linden & David J Teece, 2018. "Remarks on Pisano: “toward a prescriptive theory of dynamic capabilities”," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 27(6), pages 1175-1179.
    14. C. Lakshman & Sangeetha Lakshman & Kubilay Gok, 2023. "Managers’ knowledge and customer-focused knowledge management as dynamic capabilities: implications for innovation performance," Asian Business & Management, Palgrave Macmillan, vol. 22(1), pages 246-274, February.
    15. Amandine Maus & Sylvie Sammut, 2018. "Business model innovation in incubators: the role played by dynamic capabilities theory," Post-Print hal-02466175, HAL.
    16. Zhang-Zhang, YingYing & Rohlfer, Sylvia & Varma, Arup, 2022. "Strategic people management in contemporary highly dynamic VUCA contexts: A knowledge worker perspective," Journal of Business Research, Elsevier, vol. 144(C), pages 587-598.
    17. Iman Seoudi & Matthias Huehn & Bo Carlsson, 2008. "Penrose Revisited: A Re-Appraisal of the Resource Perspective," Working Papers 14, The German University in Cairo, Faculty of Management Technology.
    18. Xiao Zhang & Luqun Xie & Jiatao Li & Li Cheng, 2022. "“Outside in”: Global demand heterogeneity and dynamic capabilities of multinational enterprises," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(4), pages 709-722, June.
    19. Bağış, Mehmet & Kryeziu, Liridon & Akbaba, Yılmaz & Ramadani, Veland & Karagüzel, Ensar Selman & Krasniqi, Besnik A., 2022. "The micro-foundations of a dynamic technological capability in the automotive industry," Technology in Society, Elsevier, vol. 70(C).
    20. Jasna Prester, 2023. "Operating and Dynamic Capabilities and Their Impact on Operating and Business Performance," Sustainability, MDPI, vol. 15(20), pages 1-24, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jresou:v:13:y:2024:i:2:p:22-:d:1331738. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.