The Influence Mechanism of Strategic Partnership on Enterprise Performance: Exploring the Chain Mediating Role of Information Sharing and Supply Chain Flexibility

Abstract

In the context of the digital economy, establishing close strategic partnerships to cope with market uncertainties is an important strategic choice for firms seeking to achieve sustainable development in developing countries, particularly in Eastern culture. However, research on how strategic partnerships affect enterprise performance remains controversial. To address this issue, based on the supply chain management practices of Chinese enterprises in the era of the digital economy, and according to resource dependence theory, social network theory, and transaction cost theory, a chain multiple intermediary model was constructed and 243 Chinese enterprises information was collected for an empirical test. The results show that strategic partnership has a significant direct positive impact on information sharing, supply chain flexibility, and enterprise performance. Information sharing has a significant direct positive impact on enterprise performance and plays a partial mediating role between strategic partnership and enterprise performance. Supply chain flexibility was also found to positively impact enterprise performance and plays a partial mediating role between strategic partnership and enterprise performance. The findings also showed that information sharing and supply chain flexibility play a chain mediating role between strategic partnership and enterprise performance. This study explores the effects of strategic partnership on enterprise performance, which provides an important supplement to theoretical studies of supply chain management. The results help provide targeted solutions on how to effectively implement supply chain management for enterprises in emerging and developing nations.

The role of Industry 4.0 on supply chain cost and supply chain flexibility

“…Employing network theory to explain the relationships between Industry 4.0, SCC, SCF and CI, the study found, in line with the network theory literature, that interaction and strong connections, role of networks and the flow of information and knowledge among network partners benefit supply chain performance (Dekkers et al, 2020;Tan et al, 2023). SCF is influenced by collaboration, information sharing and exchange connections among partners; therefore, it is important for improving supply chain performance (Yang et al, 2022;Pellegrino et al, 2023). Additionally, cost reductions in supply chains enable companies to adapt to new global markets and improve performance (Sharma et al, 2022).…”

“…, 2023). SCF is influenced by collaboration, information sharing and exchange connections among partners; therefore, it is important for improving supply chain performance (Yang et al. , 2022; Pellegrino et al.…”

The Interaction Mechanism and Dynamic Evolution of Digital Green Innovation in the Integrated Green Building Supply Chain

“…With the deep integration of the BSC with the Internet and the Internet of Things, this relationship is constantly strengthened. Resource sharing among integrated BSC (IBSC) enterprises has gradually become the new normal [8]. The development of DGI among these enterprises has gradually become a suitable DGI mode.…”

Antecedents of Big Data Analytic Adoption and Impacts on Performance: Contingent Effect

“…Information exchange, in particular, tends to affect technology (BDA adoption)-effect (firm performance) relationships [23,29,30]. As reported by Yang, Zheng, Xie, and Tian [31], the influence of technology on information exchange remains an existential question. Therefore, the mechanism by which knowledge sharing influences technology-impact interactions merits additional investigation.…”