Policy brief: Scanning capabilities and the impact of environmental characteristics
The effect of the environment on the development of scanning capabilities in LICs is unclear
Abstract
Firms in low income countries (LICs) face highly uncertain business and institutional environments, frequent changes in industry structures and enhanced competitive dynamics. In order to understand the opportunities and challenges within such an environment, extant theory argues that firms need to develop scanning capabilities. These are crucial in a firm’s dynamic capabilities, defined as the ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments. The effect of the environment on the development of scanning capabilities in LICs, however, is unclear.
Citation
Tilburg University (2017) Policy brief: Scanning capabilities and the impact of environmental characteristics
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