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Dynamic capabilities behind performance of exporting firms: Taxonomy, critique, future research directions

Dynamic capabilities behind performance of exporting firms: Taxonomy, critique, future research directions
Dynamic capabilities behind performance of exporting firms: Taxonomy, critique, future research directions

This study systematically reviews how specific categories of dynamic capabilities (DCs) relate to performance in exporting research. Our sample comprises 53 studies from 50 articles published until the end of 2024, where DCs were examined as predictors of a performance construct in an exporting context. We classify DCs into an established taxonomy based on hierarchical nature (higher, intermediate, lower) and organizational unit of analysis (individual, group, organizational, inter-organizational). Additionally, we synthesize how these DC categories connect to performance in terms of direction, significance, content of financial metrics, measurement level, and directness. The results indicate that exporting firms' performance is mostly hypothesized to be driven by higher-order DCs at the organizational level, with a clear pattern of positive effects of DCs on performance, as measured using both financial and non-financial indicators. Our results further reveal that export-task-specific DCs at the lower-order remain unexplored, while intermediate-order DCs focus heavily on marketing and DCs at individual and group levels are neglected. Moreover, the DC-performance link has mostly been tested directly, with limited involvement of mediators or moderators. We conclude by outlining future research directions that address the gaps and problematic issues identified in the review.

Dynamic capabilities, Exporting, Performance, Systematic literature review, Taxonomy
0019-8501
20-43
Dayangan, Cagla
280b56f3-3670-4d71-b4d6-cccda52085c5
Aykol, Bilge
6bbf54ef-745b-4fda-89e8-98f916e4d641
Dayangan, Cagla
280b56f3-3670-4d71-b4d6-cccda52085c5
Aykol, Bilge
6bbf54ef-745b-4fda-89e8-98f916e4d641

Dayangan, Cagla and Aykol, Bilge (2026) Dynamic capabilities behind performance of exporting firms: Taxonomy, critique, future research directions. Industrial Marketing Management, 133, 20-43. (doi:10.1016/j.indmarman.2026.01.003).

Record type: Article

Abstract

This study systematically reviews how specific categories of dynamic capabilities (DCs) relate to performance in exporting research. Our sample comprises 53 studies from 50 articles published until the end of 2024, where DCs were examined as predictors of a performance construct in an exporting context. We classify DCs into an established taxonomy based on hierarchical nature (higher, intermediate, lower) and organizational unit of analysis (individual, group, organizational, inter-organizational). Additionally, we synthesize how these DC categories connect to performance in terms of direction, significance, content of financial metrics, measurement level, and directness. The results indicate that exporting firms' performance is mostly hypothesized to be driven by higher-order DCs at the organizational level, with a clear pattern of positive effects of DCs on performance, as measured using both financial and non-financial indicators. Our results further reveal that export-task-specific DCs at the lower-order remain unexplored, while intermediate-order DCs focus heavily on marketing and DCs at individual and group levels are neglected. Moreover, the DC-performance link has mostly been tested directly, with limited involvement of mediators or moderators. We conclude by outlining future research directions that address the gaps and problematic issues identified in the review.

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2_2026, Dayangan & Aykol, IMM - Version of Record
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Accepted/In Press date: 2 January 2026
e-pub ahead of print date: 10 January 2026
Published date: 10 January 2026
Keywords: Dynamic capabilities, Exporting, Performance, Systematic literature review, Taxonomy

Identifiers

Local EPrints ID: 509121
URI: http://eprints.soton.ac.uk/id/eprint/509121
ISSN: 0019-8501
PURE UUID: a80c864e-5ce3-49d2-8435-b6d8d93618f7
ORCID for Cagla Dayangan: ORCID iD orcid.org/0000-0002-7561-1944

Catalogue record

Date deposited: 11 Feb 2026 17:51
Last modified: 12 Feb 2026 03:18

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Contributors

Author: Cagla Dayangan ORCID iD
Author: Bilge Aykol

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