A growing body of research highlights the importance and development of dynamic capabilities as well as the contingencies that can affect such development. However, existing research pays limited attention to the demands of competition in today’s dynamic, volatile, and ambiguous international markets. The international business (IB) realities and contexts require companies to develop and effectively deploy dynamic capabilities to achieve evolutionary fitness, adapt, and successfully exploit opportunities (and neutralize threats) stemming from technological, social, geopolitical, institutional, and economic changes and interdependencies among various layers of embeddedness. Consequently, in this article, we discuss dynamic capabilities that tailor to the specifics of IB contexts, underscore their conceptual properties relevant for the IB realities, and articulate the processes involved in their building and leveraging by established and young MNEs. We further clarify the entrepreneurial foundations and actions essential for development and effective deployment of dynamic capabilities for IB. Finally, we offer our suggestions on how future IB research should explore these issues so as to make dynamic capabilities thinking actionable.

越来越多的研究强调动态能力的重要性和发展以及可能影响这种发展的突发事件。然而，现有研究对当今动态、多变和模棱两可的国际市场的竞争需求关注有限。国际业务 (IB) 的现实和背景要求公司开发和有效部署动态能力，以实现进化适应性、适应和成功利用源自技术、社会、地缘政治、制度和经济变化以及相互依存关系的机会（并消除威胁）不同层次的嵌入。因此，在本文中，我们讨论了针对 IB 上下文的具体情况量身定制的动态能力，强调它们与 IB 现实相关的概念属性，阐明成熟的和年轻的跨国企业在建立和利用它们的过程中所涉及的过程。我们进一步阐明了发展和有效部署 IB 动态能力所必需的创业基础和行动。最后，我们就未来的 IB 研究应如何探索这些问题提出建议，以使动态能力思维具有可操作性。