Firm Growth and Supply Chain Partnerships: An Empirical Analysis of U.K. SME Subcontractors

Wynarczyk, Pooran; Watson, Robert

doi:10.1007/s11187-005-3095-0

Cited by 65 publications

(53 citation statements)

References 42 publications

(40 reference statements)

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“…An inspection of the Mahalanobis distance values also indicates that there are no multivariate outliers among the independent variables for all the models since their values are not greater than or equal to the critical chi-square value of 18.47 at an alpha level of 0.001. Based on Table 4, the age variable is consistent with the expectation that the performance of the SMEs tends to improve with increased longevity as against the normal case in small firm studies (Wynarczyk and Watson, 2005;Wengel and Rodriguez, 2006). This finding is not surprising since, unlike other small business industries, the auto-parts making industry requires high skills, knowledge, and expertise in meeting tight specifications and quality set by the buyer(s) or auto-maker(s).…”

Section: Empirical Results and Discussionsupporting

confidence: 73%

“…Sarder et al (1997) in their study on the performance of SMEs in Bangladesh used age of firm, management experience, initial investment, market competition, industry sector, and time elapsed after receiving financial support as moderating-independent variables. Wynarczyk and Watson (2005) in their study on SME sub-contractors in the United Kingdom employed size, age, ownership, supply chain characteristics, and partnership of firms as independent variables.…”

Section: Determinants Of Firm Performancementioning

confidence: 99%

“…With respect to age, some studies found a negative relationship between this variable and firm performance (Wynarczyk and Watson, 2005;Wengel and Rodriguez, 2006) because young firms are relatively easier than the older ones to achieve a proportionate increase in scale (Storey et al, 1987). It is also argued that young firms tend to grow rapidly because they have innovative ideas and dynamic management (Wijewardena and Tibbits, 1999).…”

Section: Model and Variablesmentioning

confidence: 99%

“…The focus on one firm category, such as SME could minimize sample bias since size also influence firm performance (Wynarczyk and Watson, 2005). For the purpose of this study, all the SMEs were surveyed using a structured questionnaire.…”

Section: Data Sources and Analysesmentioning

confidence: 99%

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Determinants of small and medium enterprises performance in the Malaysian auto-parts industry

Mohamad¹

2013

Afr. J. Bus. Manage.

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This paper examines factors determining the performance of SMEs in the Malaysian auto-parts industry.Using a multiple regression analysis, it is evident that firm age and foreign equity are significantly related to the performance of the firms. This consolidates earlier expectations and studies that age and foreign equity ownership do matter to SMEs performance. These findings provide an important signal for SMEs for entering joint ventures with foreigners in order to achieve better performance and more importantly to compete in the growing open market mechanisms. Only through joint ventures, foreigners would be eager to transfer a package of required assets, including technological, marketing and managerial skills to the local partners. Further research should be conducted to determine the role played by foreigners, who are responsible for improving SMEs performance in the auto-parts industry. Future studies should also incorporate intangible performance measures, such as customer satisfaction, competitive position and quality of product.

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Section: Empirical Results and Discussionsupporting

confidence: 73%

Section: Determinants Of Firm Performancementioning

confidence: 99%

Section: Model and Variablesmentioning

confidence: 99%

Section: Data Sources and Analysesmentioning

confidence: 99%

See 2 more Smart Citations

Determinants of small and medium enterprises performance in the Malaysian auto-parts industry

Mohamad¹

2013

Afr. J. Bus. Manage.

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“…The literature review identified social capital embedded in network relations (Hitt, Ireland, Camp & Sexton, 2001) and technological competence (Lee, 2010) and innovativeness (Cho & Pucik, 2005) manifested in innovation output as prominent intangible resources or capabilities. This thesis therefore investigates innovation (Liao & Rice, 2010) (in Study Two) and networks (Watson, 2007;Wynarczyk & Watson, 2005) (in Study Three), asserted by academia to have positive relationships with SME performance.…”

Section: List Of Tablesmentioning

confidence: 99%

SME performance: the role of networking, innovation breadth, and business model design

Gronum¹

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Because small and medium-sized enterprises (SMEs) are pivotal to the health and vibrancy of economies, it is crucial for researchers to understand the factors that significantly underlie SME performance. Two of the most widely identified antecedents to SME performance are innovation and networking. However, despite widespread attention, the theoretical and empirical status of the relationships between innovation, networks and SME performance remain uncertain. Some researchers note that claims regarding a direct positive relationship between innovation and networks with performance fail to adequately account for the variables that mediate this relationship.In contrast, while much research has been undertaken into the performance benefits of innovation and networks, the exponential increase in the number of publications heralding the performance benefits of business model design and business model innovation received very scant empirical support, almost non-existent for SMEs. Business model design is seen as a powerful mechanism for unlocking and enhancing the value of business processes, including innovation.Empirical evidence presented in this thesis tangibly supports this assertion and thus creates a more solid foundation for future development of the business model view of the firm.The purpose of this thesis, comprising four studies, is to theorise and research the nature of the relationship between innovation breadth, networks and business model design with SME performance. The central research question of this thesis asks: How do innovation breadth, networks and business model design relate to SME performance?Study One systematically reviews a large sample of SME growth and performance literature to identify and interpret emergent concepts, themes, trends and gaps. Study One backgrounds the three empirical studies that that follow to argue, using Resource-Based Theory, that the resources required for developing competitive advantage are both physical and intangible; of the two, intangible resources have the greatest strategic potential. In other words, the thesis finds that SMEs lacking physical resources could develop more sustainable competitive advantage by relying more heavily on leveraging path dependent, socially complex, and causally ambiguous intangible resources. Social capital and technological competence, associated with networks and innovation, represent highly desired intangible resources. Business model design organises these resources to create value for the customer. Therefore, innovation across the elements of the business model when designing or reconfiguring the SME's business model acts as dynamic capabilities that enhance SME performance.iii The systematic literature review is followed by three empirical studies that use longitudinal and cross-sectional datasets of Australian SMEs. Study Two introduces the concept of innovation breadth, as the number of distinct types of innovation that firms use, or their innovation diversity, and examines the linearity and temporality of its re...

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SMEs and the Potential for A Collaborative Path to Environmental Responsibility

2014

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Globally, the potential for small and medium-sized enterprises (SMEs) to collectively impact negatively on the environment is great. Therefore, the adoption, and maintenance, of environmentally responsible practices by this group of firms is especially critical. Studies of environmental practices successfully implemented by small firms have revealed that relationships with other firms, or other organizations, can contribute to greater awareness of the benefits of such activities and, therefore, enhance the possibility of environmental engagement. Collaborative relationships may provide opportunities for SMEs to overcome some of the barriers to implementing environmental initiatives associated with their size, and/or associated characteristics. This paper focuses on attitudes of SME owner-managers to a variety of environmental issues (including regulation and voluntary standards), and to collaborating with other firms (in either a formal or informal sense). The data this paper draws upon are from two waves of an ongoing longitudinal survey of New Zealand SMEs.

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Firm Growth and Supply Chain Partnerships: An Empirical Analysis of U.K. SME Subcontractors

Cited by 65 publications

References 42 publications

Determinants of small and medium enterprises performance in the Malaysian auto-parts industry

Determinants of small and medium enterprises performance in the Malaysian auto-parts industry

SME performance: the role of networking, innovation breadth, and business model design

SMEs and the Potential for A Collaborative Path to Environmental Responsibility

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