Anna Bykova presented the results of joint research at XII International Forum of Knowledge Assets Dynamics IFKAD2017
On 7th of June 2017 at XII International Forum of Knowledge Assets Dynamics IFKAD2017, Anna Bykova presented the results of joint research with Carlos Jardon entitled “Relational capital from foreign partners as source of value creation: the mediation role of companies’ dynamic capabilities”.
This study uses a combination of multinational enterprises and dynamic capabilities perspectives to illustrate how the involvement of foreign investors is able to contribute to a company’s corporate performance through close relations with foreign partners. Using Russian companies as an empirical sample and applying a partial least squares structural equation modelling (PLS-SEM), we develop testable hypotheses regarding the impact of dynamic capabilities in terms of absorptive, adaptive and communicative capabilities, on the relationship between foreign ownership and performance. Findings indicate that dynamic capabilities fully mediate the process of foreign direct investments transformation into firm’s results. In addition, we discover that the most powerful indirect effect of dynamic capabilities on value creation belongs to communicative capability, reflecting the pivotal role of effective communication systems.
The presentation is attached:
IFKAD Presentation 2017.pdf