C. H. Dodd responds with a resounding “yes”:
“Even the most original and individual developments of Christology in the New Testament remain rooted in the primitive body of testimonies from the Old Testament…It is the substructure of all Christian theology and contains already its chief regulative ideas.” (C. H. Dodd, According to the Scriptures: The Sub-structure of New Testament Theology, pp. 123, 127)
“The common and central tradition [of early Christianity]…appears to have at its core what the New Testament itself calls the kerygma, or proclamation of the Gospel. In its most summary form the kerygma consists of the announcement of certain historical events in a setting which displays the significance of those events…The significance attached to these events is mainly indicated by references to the Old Testament…The ‘good tidings’ consist primarily in the news of what has happened; to understand how they are ‘good tidings,’ they must be related to what has gone before…Thus the Church was committed, by the very terms of its kerygma, to a formidable task of biblical research, primarily for the purpose of clarifying its own understanding of the momentous events out of which it had emerged, and also for the purpose of making its Gospel intelligible to the outside public. According to the Acts of the Apostles this task was essayed from the very beginning of the Church’s existence as an organized and active body…According to [Luke’s] view the Christian Gospel could not be adequately or convincingly set forth unless the communication of facts about Jesus was supported by reference to the Old Testament which gave significance to the facts, and that it was a prime concern of Christian missionaries to provide and interpret such references.” (C. H. Dodd, According to the Scriptures: The Sub-structure of New Testament Theology, pp. 11-16)