Template-type: ReDIF-Paper 1.0 Author-Name: Toshiro Wakayama Author-Name-First: Toshiro Author-Name-Last: Wakayama Author-Email: wakayama@iuj.ac.jp Author-Workplace-Name: International University of Japan Author-Workplace-Homepage: http://www.iuj.ac.jp/ Author-Name: Karen LaPierre Author-Name-First: Karen Author-Name-Last: LaPierre Author-Workplace-Name: Takasaki City University of Economics Title: DYNAMIC CAPABILITIES IN THE PRESENCE OF A STRATEGIC PARADOX Abstract: Prior research in dynamic capabilities has seldom addressed the question of how they operate over time in the presence of conflicting objectives of a strategic paradox, particularly beyond the exploration-exploitation contention. In the context of aggregation-adaptation paradox, we have collected and analyzed a large number of specific activities and changes in the resource base through an in-depth case study based on 46 interviews and other data sources. Our findings reveal new conceptual insights on the process side of dynamic capabilities: coevolutionary interplay between pro-aggregation and pro-adaptation changes in the resource base, paradox-enacting dynamic capabilities at the level of discrete activities with differing blends of aggregation and adaptation, and organizational constructs for paradox-enacting dynamic capabilities which are in stark contrast to known forms of organizational ambidexterity. Length: 31 pages Creation-Date: 2015-05 Number: EMS_2015_01 File-URL: https://www.iuj.ac.jp/workingpapers/index.cfm?File=EMS_2015_01.pdf File-Format: Application/pdf File-Function: First version, 2015 File-Size: 790KB Handle: RePEc:iuj:wpaper:EMS_2015_01