Determinants of firm performance: a structural equation approach
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This research analyzes specific determinants of firm Performance taking the Resource Based View (RBV) theory to explaining how firms achieve sustained competitive advantages based on their VRIN (valuable, rare, inimitable and not replaceable) resources and capabilities (BARNEY, 1991). TEECE et al. (1997) introduced the concept of Dynamic Capabilities (DC) as an RBV extension. Our conceptual model defines these capabilities as the result of firm’s Learning, Market and Entrepreneurial Orientations, which mediate the development of Competitive Advantages (CA) and improving firm Performance.
