Absorptive capacity and firm performance: the mediating role of strategic agility

Abstract

The purpose of the study was to examine the mediating role of strategic agility in absorptive capacity’s effects on the firm performance of accommodation establishments in Turkey. A survey was used to collect data. Questionnaires were conveyed via e-mail and 190 applicable questionnaires were gathered. From the exploratory factor analyses, absorptive capacity was determined to have two dimensions (acquisition and use). While the acquisition dimension was revealed not to have a direct effect on firm performance, the use dimension was found to have a direct effect on firm performance. The acquisition and use dimensions have a positive effect on strategic agility and strategic agility positively affects firm performance. In addition, it was revealed that the acquisition and use dimensions have an indirect effect on firm performance through strategic agility.