Strategic orientation, strategic renewal, and the international performance of born global firms

Asia Pacific Journal of Management, Journal Year: 2023, Volume and Issue: unknown

Published: July 12, 2023

Abstract The international business environment is both dynamic and turbulent. Accordingly, a new venture’s strategic orientation (SO) ability to undertake renewal (SR) are of great importance its survival, growth performance. Building on the capability perspective, we explore how SR mediates relationship between SO performance mature born global firms (BGFs). In particular, examine direct indirect interplay BGFs their outcomes. We use sample 195 export-oriented BGFs, derived from Bangladeshi apparel industry. hierarchical regression analysis technique test effects. mediation effect examined using three statistical tests – Baron Kenney’s (1986) causal steps approach, Sobel test, Hayes with bootstrapping method ensure validity reliability our findings. results reveal positive association that this mediated by firms’ capability. contribute greater understanding drivers BGFs’ demonstrating link capability, which in turn affects

Language: Английский

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Digitalization in Family Business: Trajectories and Trends

IEEE Transactions on Engineering Management, Journal Year: 2024, Volume and Issue: 71, P. 7782 - 7796

Published: Jan. 1, 2024

In recent years, research into digitalization in business and industry has resulted momentous changes, the likes of which have not been seen for many decades. Consequently, scholars show a high interest researching digital transition ventures, resulting several systematic bibliometric studies. However, despite considerable increase studies family two streams are yet to be comprehensively integrated. This study addresses this gap by examining 92 documents from Web Science focus on firms, aiming provide comprehensive nuanced understanding evolving field. addition classifying trends firm digitalization, identifies foundations through citation network, using CitNetExplore, current hot topics over time bibliographic coupling keyword analyses, CiteSpace. Through an evaluation field, most least important themes acknowledged via longitudinal analysis thematic SciMAT. Based outcomes, future directions discussed.

Language: Английский

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E-service failure and recovery strategy in times of crisis: effect on peer attitudes, expectation and future intention

Review of Managerial Science, Journal Year: 2024, Volume and Issue: unknown

Published: April 26, 2024

Abstract This study analyses the impact of critical issues on Travel and Tourism e-service failure explores specifically how peer-to-peer accommodation business can cope with potential collapse in demand caused by global crises. The purpose is to examine accommodation’s recovery offer revisiting intentions relationships termination light justice-, fairness-, attribution theory. In this vein, main aim develop a theoretical model which underpinned an understanding consequences effectiveness strategies for competitiveness. To gauge peer perceptions accommodations, we employed mixed-method approach. Alongside 17 interviews peers industry experts, survey involving 404 users was conducted. Structural equation modelling applied unravel intricate influences at play. findings suggest that managers service providers need focus timely building stronger peers, increase repurchase intention post-recovery satisfaction better front crises times. could be implemented efficiently via platform social media. offers specific practical implications providing fair strategy result both parties.

Language: Английский

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We don’t fire! Family firms and employment change during the COVID-19 pandemic

Journal of Family Business Management, Journal Year: 2024, Volume and Issue: 14(6), P. 1153 - 1172

Published: May 20, 2024

Purpose By investigating the reactions of family businesses to COVID-19 pandemic this article aims explaining how firms are capable preserve employment during hardship. Design/methodology/approach Stemming from resource-based-view, we theorise that familiness is not directly associated with new hiring but instead fully mediated by pivoting strategic decisions (the propensity transform business). Findings Our findings show triggers and consequently increases likelihood hiring. Additionally, found involvement multiple generations strengthens relationship. Practical implications Family must consolidate their human social resources (familiness) assure presence in firm because they can leverage entrepreneurial disposition increase need hires crises. Originality/value The main contribution lies explanation mechanisms deploy overcome a crisis thus explains why some more resilient than others relation firm’s

Language: Английский

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Topics, trends and theories in family business research: 1996–2020

International Entrepreneurship and Management Journal, Journal Year: 2023, Volume and Issue: 19(4), P. 1855 - 1891

Published: Oct. 14, 2023

Language: Английский

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Adapt or Perish ! A Systematic Review of the Literature on Strategic Renewal and the Family Firm

European Journal of Family Business, Journal Year: 2022, Volume and Issue: 12(2), P. 137 - 155

Published: Dec. 22, 2022

The objective of this paper is to examine the current state strategic renewal research in family businesses, identifying main gaps and providing a path for future academics. To do so, we have performed systematic comprehensive review 21 studies (20 articles 1 book chapter) about business published between 2009 2022. Our analysis reveals that majority date are empirical focused on renewal’s antecedents, while outcomes remain unexplored. This other significant identified discussed review, which emphasizes need further topic.

Language: Английский

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Long-term orientation and corporate social responsibility in small and medium-sized enterprises: the role of strategy formation mode

Social Responsibility Journal, Journal Year: 2023, Volume and Issue: 20(4), P. 825 - 842

Published: Sept. 18, 2023

Purpose This study aims to explore the effects of long-term orientation (LTO) and strategy formation mode on corporate social responsibility. While many researchers have investigated how large businesses address responsibility (CSR), there is little empirical evidence small- medium-sized implement CSR or what individual drivers shape this process. Design/methodology/approach The paper surveyed 282 small managers from United Kingdom. respondents were recruited using platform Prolific Academic. Findings findings reveal that LTO a prerequisite for developing shapes mode. also suggested deliberate strategies are positively related CSR. results consistent across different components (futurity, continuity perseverance) types (internal external). Originality/value show all aspects relevant in SMEs. Besides LTO, model an important factor contributing presents as first contribution literature by examining positive relationship between

Language: Английский

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The impact of dynamic managerial capabilities on firm performance: A moderated mediation analysis of German DAX firms

Journal of Management & Organization, Journal Year: 2023, Volume and Issue: unknown, P. 1 - 26

Published: Oct. 11, 2023

Abstract In an era of hypercompetition, research and development (R&D) investments are vital for organizations to stay competitive. This microlevel study draws on dynamic managerial capability (DMC) theory explore the mechanisms contributing competitive advantages. It posits that DMCs enhance firm performance by increasing R&D spending, explores moderating role slack resources due their effect resource availability. Employing hierarchical regression analysis bootstrapping methods a longitudinal sample comprising 31 German DAX firms, findings robustly demonstrate facilitate fostering expenditures confirm specific resources. However, only internal but not external amplify relationship between intensity. Overall, this emphasizes critical managers’ capabilities in determining sheds light how different influence relationships DMCs, intensity, performance.

Language: Английский

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How much internationalization is innovation-worthy for SMEs? Roles of the degree of internationalization and organizational unlearning on the joint innovation capabilities-exploratory innovation relationship

Journal of Innovation & Knowledge, Journal Year: 2024, Volume and Issue: 9(4), P. 100614 - 100614

Published: Oct. 1, 2024

Language: Английский

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WHAT DO WE KNOW? FDI INFLOWS, MANAGERIAL SPILLOVERS AND INNOVATION OUTCOMES OF LOCAL FIRMS DURING GLOBAL CRISES

International Journal of Innovation Management, Journal Year: 2023, Volume and Issue: 27(03n04)

Published: May 1, 2023

Global crises have become our business reality. How can local firms continue to sustain their competitiveness during these through innovation? Previous literature emphasized the role of foreign direct investment (FDI) inflows, but was generally inconclusive. This study examines FDI and managerial spillovers as antecedents innovation outcomes in 369 12 Eurasian countries 2008–2009 global financial crisis. The finds that new product service introductions by incumbent are driven presence multinational enterprises (MNEs). Moreover, with more non-native managers CEOs substantial industry experience a higher propensity introduce products services. contributes theory on showing serve channels spillovers. Furthermore, we conceptually distinguish between from MNEs abroad (e.g., via hiring born or educated abroad).

Language: Английский

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