Competitive strategies and firm performance: Technological capabilities' moderating roles

Ortega, M.

doi:10.1016/j.jbusres.2009.09.007

Cited by 197 publications

(206 citation statements)

References 58 publications

(82 reference statements)

Supporting

Mentioning

174

Contrasting

Unclassified

Order By: Relevance

“…In general, the literature finds a positive relationship between TI and a firm's financial performance. Ortega (2010) finds that, especially in dynamic competitive environments, TI capabilities have a positive effect on firm performance, which supports the underlying theory of this paper that KBV is an extension of the well-established RBV. Therefore, the following is hypothesized:…”

Section: Hypotheses Developmentsupporting

confidence: 86%

See 1 more Smart Citation

Disentangling antecedents and performance effects of family SME innovation: A knowledge-based perspective

Kallmuenzer

Scholl-Grissemann

2017

Int Entrep Manag J

View full text Add to dashboard Cite

Understanding how family small and medium-sized enterprises (SMEs) seize opportunities for innovation and thus achieve superior performance is of substantial interest to family firm managers and academia. This paper develops a conceptual framework of antecedents that include resources internal and external to the firm in the two major dimensions of technological innovation (TI) and management innovation (MI) and their effects on financial performance. The framework is empirically tested with survey data from 152 manufacturing family SMEs in the D-A-CH countries, which comprise Germany (D), Austria (A) and Switzerland (CH). Drawing on the knowledge-based view, the results highlight the central role of firm-external knowledge for family firm innovation, which is inherent in an industry's technological opportunities and interorganizational collaboration. Furthermore, results show that it is only through technological innovation that family firms can capitalize on innovation. Finally, management innovation is still observed to constitute a vital complement for technological innovation in that it is an enabler for innovation in products and processes. Recommendations for practice include the need for technological innovation, openness toward collaborations with external partners and receptiveness to knowledge from external sources.

show abstract

Section: Hypotheses Developmentsupporting

confidence: 86%

“…The third and smallest area argues from the RBV, and studies the effect of TI capabilities (Ortega 2010;De Massis et al 2015) on financial performance (Camisón and Villar-López 2014). In general, the literature finds a positive relationship between TI and a firm's financial performance.…”

Section: Hypotheses Developmentmentioning

confidence: 99%

Disentangling antecedents and performance effects of family SME innovation: A knowledge-based perspective

Kallmuenzer

Scholl-Grissemann

2017

Int Entrep Manag J

View full text Add to dashboard Cite

show abstract

“…The findings of this study are consistent with the existing literature (e.g. Aw and Batra, 1998; Acha, 2000;Lee et al, 2001;Tsai, 2004;Ortega, 2010), confirming that firms with superior TBC enjoy better performance compared to those without. Furthermore, the possession of domestically developed TBC is an indication of having absorptive capacity in technological learning, which provides a basis for knowledge innovations and could lead to the upgrade of existing products through redesign/redevelopment.…”

supporting

confidence: 92%

“…Tsai (2004) uses a seven year panel dataset which includes 45 large manufacturing firms quoted on the Taiwan stock exchange and finds that TBC is an important determinant of firm performance. Similarly there is evidence that TBC leads to sales growth and improved operating profits (Schoenecker & Swanson, 2002) and enhances firm performance (Ortega, 2010). Therefore, we hypothesize: H2: Firms possessing TBC achieve better performance than those without.…”

Section: Technology-based Capabilitymentioning

confidence: 89%

What explains the performance of Chinese exporting firms?

Zheng

2015

Journal of Chinese Economic and Business Studies

View full text Add to dashboard Cite

Drawing on the entry mode literature and the strategic tripod framework, we examine whether firm performance is influenced by its outward foreign direct investment (OFDI) mode, controlling other firm-, industry-and institution-specific factors. It is found that employing OFDI does not improve an exporting firm's performance. This is not surprising as anecdotal evidence shows that many Chinese firms with OFDI have been making loss in the host country. This may indicate exporting firms employ OFDI to seek complementary and strategic resources/assets, not to improve immediate firm performance. Furthermore, firm performance is influenced by strategic assets, including technology-based capabilities (TBCs) and brands, at the firm level, industry entry barriers at the industry level and the home and host country institutional support at the country level.Keywords: Performance, Exporting Firm, OFDI, Strategic Tripod Framework 2 IntroductionEntry mode is considered as an important determinant of firm performance (Brouthers, 2002; Brouthers, et al., 2003 Brouthers, et al., , 2008Brouthers & Nakos, 2004;Chen & Hu, 2002;Shaver, 1988;Woodcock, et al., 1994). The rationale is that "firms will select the mode that provides the best return on investment" (Brouthers, 2002, p.207). The existing literature has investigated whether some investment modes provide better performance than others (e.g. Brouthers, 2002;Woodcock, et al., 1994). The entry modes under consideration in these studies are often joint ventures (JVs) and wholly-owned subsidiaries (WOSs). Few research considers the performance impact of exporting only versus a hybrid mode of exporting and outward foreign direct investment (OFDI). Given the increasing trend in OFDI, a question arises: Does an entry mode transformation by exporting firms to include OFDI lead to better firm performance? This research aims to fill this research gap. As part of this investigation, other factors influencing firm performance are accounted for by taking an integrative perspective at the firm, industry and country-level.Exporting is often the first stage of internationalization in emerging market firms (EMFs). However, the continuous marketization and liberation in emerging markets motivate firms to undertake OFDI. Exporting helps firms to gain international experiences and to establish linkages in the international market (Mathews, 2006). Yiu et al., (2007) reveal that exporting firms can benefit from learning in foreign markets, 3 accumulating local knowledge, gaining legitimacy and developing local networks.Furthermore, given the home country specific resources (CSRs) such as low labor costs and low production costs, EMFs may benefit from economies of scale by concentrating production at home and then exporting their products to foreign markets.The learning-curve cost advantages suggest that the costs of production fall with the cumulative volume of production, therefore firms moving along the learning-curve can obtain cost advantages over rivals (Wei, et al., 2014). However,...

show abstract

“…Both technology and the ability to compete with technology-based capabilities underlie a firm's ability to be successful and maintain its continuity. Firms having TC will create effective processes in the firm by using these capabilities and effective processes, naturally, which will increase both the firm's innovation (product and process) performance and its general competitiveness strength (Ortega, 2010).…”

Section: Technological Capability (Tc)mentioning

confidence: 99%

The impact of strategic innovation management practices on firm innovation performance

Kalay¹,

Lynn

2015

Pressacademia

View full text Add to dashboard Cite

In a highly competitive environment, innovation is the essential key to a firm obtaining a dominant position and gaining higher profits. Therefore, the understanding of which strategic innovation management practices lead to success is very important. The purpose of the study is to investigate the impact of innovation strategy, organizational structure, innovation culture, technological capability and customer and supplier relationships, which appear in the literature as strategic innovation management practices in business enterprises, on firm innovation performance. In this context, data collected from 132 managers at 66 firms operating in the manufacturing sector in the TRB2 zone of Turkey were analyzed. The partial least squares structural equation modeling (PLS-SEM) method was used to test hypotheses of study. The analyses revealed that innovation strategy, organizational structure and innovation culture significantly increased firm innovation performance. However, no significant impacts of technological capability and customer and supplier relationships on firm innovation performance were determined.

show abstract

Competitive strategies and firm performance: Technological capabilities' moderating roles

Cited by 197 publications

References 58 publications

Disentangling antecedents and performance effects of family SME innovation: A knowledge-based perspective

Disentangling antecedents and performance effects of family SME innovation: A knowledge-based perspective

What explains the performance of Chinese exporting firms?

The impact of strategic innovation management practices on firm innovation performance

Contact Info

Product

Resources

About