Firm performance drivers within a dynamic emerging market ecosystem

Magdalena Viktora-Jones, Ronaldo Parente, Netanel Drori, Yue Zhao

Research output: Contribution to journalArticlepeer-review


Business ecosystem participants face a significant challenge in navigating the dynamic environment due to high levels of interdependencies. Integrating dynamic capabilities theory and the business ecosystem perspective, we examine how business ecosystem participants increase performance in such an environment. Using longitudinal data from the Brazilian automotive cluster, we find that a higher degree of modularity and supplier involvement both lead to improved performance of business ecosystem participants. Moreover, we show that strategic agility acts as a mediator, positively influencing the indirect relationships between modularity and performance, as well as supplier involvement and performance. These indirect relationships are further moderated by the digitalization level. This research contributes to the business ecosystem literature by demonstrating that agility and digitalization are important drivers of business ecosystem participants' performance.

Original languageEnglish
Article number101119
JournalJournal of International Management
Issue number1
StatePublished - Feb 2024
Externally publishedYes

Bibliographical note

Publisher Copyright:
© 2023 Elsevier Inc.


  • Dynamic capabilities
  • Ecosystems
  • Emerging markets
  • Strategic agility


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