TAF PUBLISHING

The paper aims to determine the level and scope, and nature of the variability of dynamic capabilities in the various stages of the development process of SME sector companies. The objective was achieved by conducting survey research on a sample of 356 micro, small and medium enterprises that operate in the European Union. The results indicate that the level of dynamic capabilities significantly varied in the subsequent phases, with the relatively highest values reached the stages characterized by significant development activity. Its characteristic is the polynomial nature of the course that fits the model assumptions of staged concepts of the life cycle of the organization. Therefore, the research results can be a useful tool for describing, interpreting, and forecasting the volatility level of dynamic capabilities in the development cycle of micro, small and medium-sized enterprises.