DYNAMIC CAPABILITIES AND PERFORMANCE OF AVIATION FIRMS IN NIGERIA
DYNAMIC CAPABILITIES AND PERFORMANCE OF AVIATION FIRMS IN NIGERIA

Summary/Abstract: The need to provide an empirically balanced study that reflects on the current realities of firms in the aviation sector and provide a post-covid survival dynamism was the fundamental driver that stimulated this study. The theoretical propositions of scholarly studies provided foundation to new and emerging areas on the study constructs. Sample of 159 respondents from three local airlines was used as data for the study. Multiple regression technique was used for the analysis of the study data. The study found that innovative and adaptive capability are fundamental strategy that firms in the aviation sector needs to develop to effectively increase their performance and overcome the current challenges facing the sector. The study recommends that the aviation sector needs to realign their strategies in such a manner that they are able to build adaptive and innovative competencies that would ensure the firms are able to manage this trying global times and improve their overall performance. Our study addressed the fundamental issues on dynamic capabilities as it relates to the aviation sector, given the paucity of studies conducted in this sector. The study also presented a more nuanced examination of the underlying elements that could drive a post pandemic recovery strategy for the aviation sector in developing economies. Also, the study validated the resource based view theory.

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