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The applicability of Grant’s framework in the dynamic digital age: A review and agenda for future research

Mona Rashidirad (Brighton Business School, University of Brighton, Brighton, UK)
Ebrahim Soltani (Hamdan Bin Mohammed Smart University (HBMSU), Dubai, UAE)
Hamid Salimian (Brighton Business School, University of Brighton, Brighton, UK)
Yingying Liao (Hamdan Bin Mohammed Smart University (HBMSU), Dubai, UAE)

European Business Review

ISSN: 0955-534X

Article publication date: 12 October 2015

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Abstract

Purpose

This paper aims to investigate the applicability of Grant’s framework in the current changing and dynamic environment.

Design/methodology/approach

In this paper, a critical review of Grant’s paper was conducted to identify the limitations and weaknesses of the framework, which prevent its effective application in the current digital age.

Findings

As a result, this paper presented a modified framework and four propositions to consider dynamic capabilities in the new turbulent environment and extend the relationships between a firm’s resources, capabilities, dynamic capabilities, competitive advantage and competitive strategy. Findings tied to this initiative will provide important contributions to research.

Originality/value

Rooted in resource-based view (RBV), the proposed framework puts forward a valid theoretical foundation on how to create a competitive advantage from a firm’s internal factors, including strategic resources, capabilities and dynamic capabilities. Furthermore, it contributes to RBV literature by considering dynamic capabilities, as the firms’ most crucial factors in the current dynamic digital market.

Keywords

Acknowledgements

The authors are thankful to the editor and two anonymous reviewers of the European Business Review Journal for their very constructive comments on earlier drafts of this manuscript. The authors are also grateful to Asher Rospigliosi, Principal Lecturer at the University of Brighton, for his time and comments on the final draft of this article.

Citation

Rashidirad, M., Soltani, E., Salimian, H. and Liao, Y. (2015), "The applicability of Grant’s framework in the dynamic digital age: A review and agenda for future research", European Business Review, Vol. 27 No. 6, pp. 656-678. https://doi.org/10.1108/EBR-03-2014-0023

Publisher

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Emerald Group Publishing Limited

Copyright © 2015, Emerald Group Publishing Limited

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