The sequential effect of absorptive capacity, strategic agility, and sustainable competitive advantage on sustainable business performance of SMEs

Tufan, Cenk; Mert, İbrahim Sani

doi:10.1007/s11356-023-26207-x

Cited by 8 publications

(7 citation statements)

References 91 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Thus, Saeidi et al [18] proved a positive effect of FCA on the FiPer of manufacturing and consumer product firms in Iran. a positive effect was also confirmed in the context of SMEs functioning as family businesses in Turkey [21]. Jeong and Chung [22] demonstrated that manufacturing SMEs can leverage their FCA to obtain a positive FiPer in the consumer goods sector in Korea.…”

Section: Entrepreneurial Financial Support Firm Performance Firm Inno...mentioning

confidence: 73%

“…Furthermore, previous studies also showed that new ventures develop their FCA by utilizing the aforementioned external and internal mechanisms because they can obtain valuable and necessary resources to minimize costs and can produce unique products and services to achieve a competitive advantage to expand their market [47][48][49]. FCA is also another essential antecedent of new ventures' firm performance [18][19][20][21][22]. Because of the outburst of the COVID-19 pandemic, superlative challenges for new ventures emerged and, thus, the development of FCA was considered a useful strategy for new ventures' survival during the COVID-19 pandemic by improving their firm performance [50].…”

Section: Introductionmentioning

confidence: 99%

“…These pessimistic consequences can be traced back to the negative circumstance of external resources, FIN [6,9,[12][13][14], and internal resources, INO [15][16][17]. To overcome these issues, enterprises consider the competitive advantages of sustainability in business and apply innovation that is the core of sustainable value creation of new ventures [7,[18][19][20][21][22]. In 2018, Vietnam was ranked 39th out of 54 in terms of its entrepreneurial ecosystem [23].…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Does Entrepreneurial Financial Support Guarantee New Ventures’ Performance via Competitive Advantage and Innovation? Empirical Answers from Ho Chi Minh City Region, Vietnam

Thai,

Mai

2023

Sustainability

View full text Add to dashboard Cite

This research applied the resource-based view (RBV) theory to examine the effects of entrepreneurial financial support on new ventures’ performance via competitive advantage and innovation. A questionnaire survey was performed to collect data from 315 entrepreneurs of new ventures in the Ho Chi Minh City region. A quantitative method was applied, and partial least squares structural equation modeling (PLS-SEM) was utilized to confirm the significant relationships among variables of the research model. The findings demonstrated that all financial and operational performances of new venture constructs in this research model were completely supported. Furthermore, entrepreneurial financial support had the strongest direct and indirect effects on firm innovation and competitive advantage, while firm innovation and competitive advantage fully mediated relationships between entrepreneurial financial support and firms’ financial and operational performance. Hence, this research solved extant debates in the literature, concurrently enhancing the RBV theory in the entrepreneurship context. In the post-COVID-19 pandemic era, it offers novel insight for governors and other stakeholders to build an efficient financial support system, while providing entrepreneurs with strategies to leverage said system to develop innovation for achieving better competitive advantage, leading to higher firm performance.

show abstract

Section: Entrepreneurial Financial Support Firm Performance Firm Inno...mentioning

confidence: 73%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Does Entrepreneurial Financial Support Guarantee New Ventures’ Performance via Competitive Advantage and Innovation? Empirical Answers from Ho Chi Minh City Region, Vietnam

Thai,

Mai

2023

Sustainability

View full text Add to dashboard Cite

show abstract

“…In Chinese industrial companies, FP and green information acquisition are extensively mediated by AC (Nureen et al, 2023). Likewise, in SMEs, AC, exploitation, and acquisition affect strategic agility and sustainable business performance (Tufan and Mert, 2023). In the perception of Abourokbah et al (2023), AC positively and significantly impacts supply chain innovation performance and digital capability during Orientation and absorptive capacity COVID-19.…”

Section: Absorptive Capacity (Ac) and Economic Sustainability (Es)mentioning

confidence: 99%

“…, 2023). Likewise, in SMEs, AC, exploitation, and acquisition affect strategic agility and sustainable business performance (Tufan and Mert, 2023). In the perception of Abourokbah et al.…”

Section: Development Of the Hypothesesmentioning

confidence: 99%

Orientation and absorptive capacity towards sustainability: a missing link between sustainability and performance

Shah

Moawad

Bhatti

et al. 2023

IJPPM

View full text Add to dashboard Cite

PurposeThis study investigates economic sustainability through orientation and absorptive capacity.Design/methodology/approachThe researchers developed a conceptual framework based on vigorous literature for this investigation. This study targeted managers from Pakistan's SME sector as respondents and employed cross-sectional data. In total, the authors based this study's findings on 192 valid cases.FindingsThe structural equation modeling (SEM) results highlight that innovation orientation (IO), customer orientation (CO), supplier orientation (SO), network orientation (NO) and absorptive capacity (AC) have significant effects on economic sustainability (ES). Moreover, this study's findings show that ES significantly predicts environmental sustainability (ENS). Finally, the results also demonstrate that ES and ENS positively and substantially affect financial performance (FP).Practical implicationsThis study's findings help SMEs continue sustainable business practices by avoiding adverse environmental effects and ongoing climate changes. This study's findings contribute also to the manufacture of eco-friendly environmental products to reduce the contamination of the environment. Financial institutions and policymakers would boost SME owners' capacity and the obtainability of financial resources to improve Pakistani SMEs’ sustainable economic and environmental performance.Originality/valueThis study's findings help to enrich environmental and economic sustainability and, more significantly, for developing countries.

show abstract

Green Innovation Adoption in Turkish and Iranian SMEs: The Effect of Dynamic Capabilities and the Mediating Role of Absorptive Capacity

Çeli̇k,

Yildiz,

Aykanat

et al. 2024

J Knowl Econ

View full text Add to dashboard Cite

Green innovation (GI) adoption of small and medium-sized enterprises (SMEs) especially in middle-income economies plays a significant role to reduce negative impacts of environmental issues and to gain competitive advantage. The main objective of the present paper is to examine the mediating role of absorptive capacity (ACAP) on the relationship between dynamic capabilities (DC) and GI adoption in the context of Turkish and Iranian SMEs, two middle-income economies. For this purpose, a well-established online questionnaire is administered to 296 top executives of Turkish and Iranian SMEs operating in energy industry, a highly dynamic market. Using Hayes Process Macro Model, the results of this paper reveal that ACAP has a significant effect on GI adoption of Iranian SMEs but this effect of ACAP is insignificant in terms of Turkish SMEs. The empirical evidence obtained from the present paper also puts forward that DC positively influnce GI adoption in Turkish SMEs, however, the corresponding relationship is not significant for Iranian counterparts. For both middle-income economies, ACAP has a statistically significant mediating role on the relationship between DC and GI adoption of SMEs. Strategic alliances engagement and governmental incentives on GI investments are recommended to overcome certain barriers of SMEs including resource shortages and to improve ACAP and DC that enhance GI adoption of Turkish and Iranian SMEs in the future. As far as is known, this is the first study that compares possible antecedents of SMEs’ GI adoption in two middle-income economies.

show abstract

The sequential effect of absorptive capacity, strategic agility, and sustainable competitive advantage on sustainable business performance of SMEs

Cited by 8 publications

References 91 publications

Does Entrepreneurial Financial Support Guarantee New Ventures’ Performance via Competitive Advantage and Innovation? Empirical Answers from Ho Chi Minh City Region, Vietnam

Does Entrepreneurial Financial Support Guarantee New Ventures’ Performance via Competitive Advantage and Innovation? Empirical Answers from Ho Chi Minh City Region, Vietnam

Orientation and absorptive capacity towards sustainability: a missing link between sustainability and performance

Green Innovation Adoption in Turkish and Iranian SMEs: The Effect of Dynamic Capabilities and the Mediating Role of Absorptive Capacity

Contact Info

Product

Resources

About