The Dynamic Capability View in Strategic Management: A Bibliometric Review
The dynamic capability view (DCV) is one of the most vibrant approaches to strategic management. In this study, the extant literature published between 1994 and 2011 is analysed, using bibliometric methods in order to explore the scope of this approach and detect current research priorities. For this purpose, the method of bibliographic coupling is introduced in management research, which shifts the focus of analysis from past traditions to current trends. Several clusters of thematically related research are extracted from bibliographic networks, which represent interconnected yet distinct subfields of inquiry within the DCV. The core cluster of the current DCV, which visualizes this research field's nascent but fragile identity, focuses on learning and change capabilities and relates them to firm performance, thus merging aspects of organization theory and strategic management. In addition, several peripheral clusters of research are identified, which reflect a parallel process of differentiation in the overall field. Both trends, i.e. of integration and differentiation, attest to the emancipation of the DCV as a distinct approach to strategic management. However, the DCV still lacks consensual concepts that allow comparisons of empirical studies and advance the theoretical understanding of dynamic capabilities. In the light of the above, some implications of this analysis for further research are discussed.