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The dynamic capability framework has been the subject of great concern in the strategy, management and economy ields of work on account of the bearing it has to help understand the way how companies are facing changes in the setting where they work: A core issue within the context of open markets and global economies. Nonetheless, strong controversy has been sprouting up around these subjects, a controversy which should be identiied and solved so as to allow for this framework to be further expanded on as a consolidated theoretical body of thought. A survey is being made in this paper of the main areas of debate, and promissory research lines are being put forwards on the basis of a set of relevant papers being published since 1997, and being selected according with the number of times these papers have been included as footnotes quotes. [ABSTRACT FROM AUTHOR]

The relationship being apparent between dynamic capabilities and knowledge management is being looked into in this paper on the basis of their application to new technology-based companies (NTBC), and bearing in mind issues such as high complexity and fast knowledge generation taking place in a dynamic and uncertain setting. This research has been conducted at the NTBC, located at the Madrid Scientiic Park (MSP) and at the Leganés Technological and Scientiic Park, both of them located in the Madrid Community area in Spain. According to test results, the exploration and exploitation processes, together with organizational ambidexterity, are having a rather meaningful impact on the NTBC's own dynamic capabilities to effectively manage knowledge, both currently available and being generated, allowing these companies to properly adapting themselves to the setting in which they are operating and thus, ensuring that enhanced returns are obtained. [ABSTRACT FROM AUTHOR]