“The Impact of CMMI Implementation on the Firm Performance. An Evaluation from a Dynamic Capabilities Approach”
Cristina Ruiz Martín, PhD Student
31th July 2017
«The main finding of the analysis is a negative relationship between the use of CMMI and profitability in the firms during the analysed period and sector»
The International Joint Conference ICIEOM-ADINGOR-IISE-AIM-ASEM (IJC2017): “New Global Perspectives on Industrial Engineering and Management”, hosted by Universidad de Valencia, was held the 6th-7th July. The Scientific Committee awarded this as Best Paper in Strategy and Entrepreneurship.
We study the impact of the Capability Maturity Model Integration (CMMI) on firm performance both during and after its implementation. The literature pointed out that CMMI is theoretically related to the generation of dynamic capabilities. To give an empirical view of these theories, we built a database of economic and financial data from Spanish firms involved in the Information and Technology (IT) sector. This data allowed us to study the relationship between the use of CMMI and the firm economic and financial performance in an empirical way. The main finding of the analysis is a negative relationship between the use of CMMI and profitability in the firms during the analysed period and sector.
Keywords: Dynamic Capabilities, CMMI, Firm Performance