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Toward a construct of dynamic capabilities malfunction: Insights from failed Chinese entrepreneurs

Zhang, Hongxu, Amankwah-Amoah, Joseph, Beaverstock, Jonathan (2018) Toward a construct of dynamic capabilities malfunction: Insights from failed Chinese entrepreneurs. Journal of Business Research, 98 . pp. 415-429. ISSN 0148-2963. (doi:10.1016/j.jbusres.2018.06.020) (KAR id:70321)

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https://doi.org/10.1016/j.jbusres.2018.06.020

Abstract

This paper explores the processes and mechanisms of business failure in emerging economies. Drawing from the experiences of 50 failed entrepreneurs in China, we developed the concept of dynamic capabilities malfunction (DCM) to explain how business failure can stem from maladaptive, misallocation of attention and internal deficiencies. Our phase model explicates how exogenous and endogenous factors can interplay to contribute to DCM that ultimately led to the business closures. Another unexpected finding was that the failure occurred during the process of business transition. The implications for business failure research in emerging markets are discussed.

Item Type: Article
DOI/Identification number: 10.1016/j.jbusres.2018.06.020
Uncontrolled keywords: Business failure, Dynamic capabilities malfunction, Entrepreneurs, Emerging economies
Subjects: H Social Sciences
Divisions: Divisions > Kent Business School - Division > Department of Marketing, Entrepreneurship and International Business
Depositing User: Joseph Amankwah-Amoah
Date Deposited: 24 Nov 2018 13:20 UTC
Last Modified: 08 Oct 2021 15:55 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/70321 (The current URI for this page, for reference purposes)
Amankwah-Amoah, Joseph: https://orcid.org/0000-0003-0383-5831
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