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I. Koprax, S. Konlechner:
"Dynamic Managerial Capabilities in Action: Top Management Team Configuration and Asset Orchestration in High-Tech Start-Up Firms";
Journal of Competences, Strategy & Management, 7 (2014), 11 - 33.

The concept of dynamic managerial capabilities captures the critical role of man- agers for governing purposeful organizational adaptation processes. How top managers can build such dynamic managerial capabilities remains an unanswered question. Based on quali- tative case-study data from two high-tech start-up firms, we analyze in this paper how top management team specialization and managerial decision-making facilitates adaptation and proactive change. Our findings show that diversity in human capital, social capital and cogni- tions on the level of senior executives yields high absorptive capacity of the top management team. A high level of absorptive capacity, in turn, facilitates the development of managers´ mindsets that are attentive towards multiple and diverse organizational and technological challenges. Dynamic managerial capabilities, thus, play a major role in enabling firms to pro- actively drive change, instead of continuously reacting to environmental pressure.

http://dx.doi.org/10.1688/JCSM-2014-01-Koprax