Dynamic capabilities and the resource-based view (RBV) of the firm provide complementary perspectives for understanding how organizations adapt their resources and gain competitive advantage. Dynamic capabilities refer to "the firm's ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments" (NAME_1 et al., 1997, p. 516). They enable firms to sense opportunities, seize those opportunities, and transform their resources in response (NAME_1, 2014, p. 339). write it not in a typical AI way Make sure your entire response is wrapped in JSON format.
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