Building on the seminal work of David Teece, Kathleen Eisenhardt, Jeffrey Martin, and others, this volume applies the concept of dynamic capabilities to help readers understand how organizations can be successful in highly dynamic environments. The contributions, written by researchers who participated in the research program "Dynamic Capabilities and Relationships" and international researchers who participated in the programs international conference (both funded by the Dieter Schwarz Foundation), highlight state-of-the-art research on dynamic capabilities and relationships. They also put forward an integrated management approach for the purpose of understanding, analyzing, and managing the successful creation and adaptation of capabilities and relationships. 

Tomás Bayón is a Professor for Marketing and Service Management at the German Graduate School of Management and Law (GGS), Heilbronn, Germany. In 2009 he became Academic Dean of GGS and since Fall 2016 he is the Dean of GGS. His research interests are in New Venture Marketing (customer legitimacy of new ventures), the marketing - finance interface, and the relationship between customer and employee satisfaction, especially in the service sector. 
Martin Eisendis a Professor of Marketing at the European University Viadrina in Frankfurt/Oder, Germany. His research and teaching interests focus on marketing communication, consumer behavior, and empirical generalizations. He is the president of the European Advertising Academy (EAA). 
Jochen Koch is a Professor of Management and Organization and Director of the Centre for Entrepreneurship Research at the European University Viadrina in Frankfurt/Oder, Germany. His current research focuses on strategic management, organizations, and entrepreneurship, in particular on strategic practices and heuristics, strategic communication, organizational and entrepreneurial creativity, the relationship between organizations and (emerging) markets and the theory of strategic and organizational path dependence. Albrecht Söllner is a Professor of International Management at the European University Viadrina in Frankfurt/Oder, Germany. His research interests include the New Institutional Economics& Institutional Distance, Inclusion& Diversity, Path Dependence, Change& Dynamic Capabilities, Globalization& Responsibility. He is the spokesperson and co-founder of the graduate school "Dynamic Capabilities and Relationships" funded by the Dieter Schwarz Foundation and co-founder of the graduate school on "Path-Dependency" funded by the German Research Foundation (DFG). 
Markus Vodosek is a clinical Associate Professor in the management and entrepreneurship department at Indiana Universitys Kelley School of Business. Before joining Kelley, he was professor of strategic management and leadership at the German Graduate School of Management and Law in Heilbronn, Germany. His research interests include interpersonal relationships in organizations and global leadership skills as a strategic resource. 
Heinz-Theo Wagner is a Professor of Management and Innovation at the German Graduate School of Management and Law (GGS), Heilbronn, Germany. His research interests include innovation management, the role of digital technologies and their impact on organizations, and the IT business value creation process. Since 2010 Heinz-Theo Wagner serves as a faculty lead for the doctoral programme in Dynamic Capabilities and Relationships. 

Dynamic Capabilities: Celebrating the Plurality of Understandings of the Concept.- Explaining the Popularity of the Dynamic Capabilities Framework: A Comment.- Dynamic Managerial Capabilities and Relationships: The Role of Social Relations in Strategic Change.- Confirmation Bias: A Boundary Condition for Dynamic Managerial Capabilities in the Context of Strategic Change.- Data Analytics and Knowledge Integration Mechanisms: The Role of Social Interactions in Innovation Management.- Understanding the Antecedents of Lock-In Switching Costs and Network Externalities in the Context of Digital Innovation.- Consumer Persuasion Knowledge as Dynamic Capability.- Physical, Digital, and Hybrid Workspaces: From the Process of Creation to the Process of Use.