Search

While scholars have explored how focal firms harness demand-side value through ecosystem development, less emphasis has been placed on understanding how peripheral complementors become competitive. Unlike focal firms, complementors can seldom set value extraction rules. How can complementors lacking critical supply-side resources establish themselves as ecosystem leaders? We conducted a longitudinal analysis of Xiaomi, which began life as a smartphone software complementor within the Android ecosystem but ultimately gained architectural control by orchestrating the creation of a derivative ecosystem. We elucidate how these resource-disadvantaged firms may begin with fueling an "identity movement" among underserved users centered around a pivotal "foothold resource." This movement serves as their entry point into an ecosystem and enables them to build a demand-side community. They then employ "demand pull" as concrete evidence to substantiate their vision, coalesce supply-side resources, and ultimately become an orchestrator. While conventional strategy research emphasizes supply-side resources as drivers of value creation, we explore the synergy between demand-side mobilization and supply-side orchestration. Finally, we illustrate how firms lacking resources craft compelling visions in conjunction with substantive actions to engage evolving target audiences. This approach allows them to secure more advantageous positions within the ecosystem, thereby transforming its structure over time. [ABSTRACT FROM AUTHOR]

This study focuses on the role of intrinsic speed capabilities, which refer to the ability to execute investment projects faster than competitors, in the attractiveness and selection of alliance partners. We predict that intrinsically faster firms have a higher likelihood of being selected as alliance partners due to the potential of accelerating the realization of future revenue streams of an alliance project as well as of preempting slower competitors. We also expect that intrinsic speed capabilities substitute for deficiencies in alliance experience and firm innovativeness. Using data on construction projects in the global Liquefied Natural Gas industry, we find empirical support for our theoretical expectations. Our results suggest that firm speed plays an important role in alliance partner selection and has the potential to facilitate the generation of future growth options for firms due to greater partner attractiveness in the market for alliance partners. [ABSTRACT FROM AUTHOR]

Export firms are vital to a country's economic development and are distinctively positioned to engage in environmentally sustainable innovation. We extend the resource‐based view about the unique cross‐border challenges faced by export firms and the advantage they can generate from engaging in sustainable development. Using a large sample of 4949 Taiwanese export firms, our main effects test confirms the link between export firms and environmentally sustainable innovation. Furthermore, we find that creativity enhancement processes and internal development processes positively moderate the relationship, whereas external collaboration processes negatively moderate it. We contribute to the literature on the contingent factors that explain environmentally sustainable innovation for export firms. Additional tests are presented and discussed along with policy implications, future research directions and conclusions. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this paper is to identify different types of resource and capability configurations among Hungarian family and nonfamily firms and explore which compositions can be considered competitive. In a rivalrous, dynamic world, understanding which sets of resources and capabilities lead to a higher level of competitiveness is vital. Design/methodology/approach: This paper is based on a quantitative competitiveness survey carried out between November 2018 and July 2019 in Hungary. The authors used the Firm Competitiveness Index (FCI) to measure competitiveness and the resource-based view (RBV) approach to understand which configurations of resources and capabilities are responsible for a higher level of competitiveness based on 32 variables. An exploratory factor and cluster analysis were conducted to analyze the ownership's effect on firm competitiveness. The final sample size contained 111 companies, of which 53 were identified as family and 58 as nonfamily firms. Findings: Factor analysis reveals five factors determining resources and capabilities: "operational," "leadership," "knowledge management," "transformation" and "networking." Based on these factors, the cluster analysis identified five groups in terms of types of family and nonfamily firms: "Lagging capabilities," "Knowledge-based leadership," "Innovativeness and transformation-oriented management," "Relationship-oriented management" and "Business operation-oriented management." Results show that nonfamily businesses focus on operational and leadership capabilities, reaching a higher FCI than family businesses, which are likely to invest more in their networking, transformation and knowledge management capabilities. Originality/value: By defining the different configurations family and nonfamily firms rely on to reach competitiveness, the paper applies an essential element to the Hungarian and Middle Eastern European contexts of family business research. The findings contribute to developing family business literature and point out specific resources and capabilities family firms should focus on to shift toward reaching a higher level of professionalization and competitiveness. The characterization of different types of competitiveness comparing family and nonfamily firms enables the firms to assess customized implications. [ABSTRACT FROM AUTHOR]

Purpose: This paper aims to identify the determining factors for the financial performance (FP) of social enterprises in an emerging country, in this case Brazil. Design/methodology/approach: This paper identifies the determinants of the FP of social enterprises in Brazil using the resource-based view as a theoretical lenses and the quantitative method (n = 601) of logistic regression, analyzing the importance of nine variables related to SEs. Findings: The findings refer to practical contributions (which show how SEs should focus and allocate their resources to maximize FP) and theoretical contributions linked to entrepreneurship literature (by differentiating the results of this work from the literature on commercial entrepreneurship in terms of resources), social entrepreneurship literature (by presenting the resources that determine their FP), business literature, entrepreneurial finance and entrepreneurship in emerging economies. Originality/value: This work represents a novelty from a methodological point of view, filling the gap regarding the lack of studies that apply a quantitative methodology to a large sample and analyze several different variables when most studies analyze only one factor related to the performance of an organization. It also fills the gap in entrepreneurship studies that use some theoretical lenses. This work is also a pioneer in analyzing the variables involved, such as market orientation, technologies and impact measurement in social entrepreneurship. As this work uses data from a secondary sample, there is the limitation of not choosing the analyzed variables. Even though there were many variables in the sample, it was impossible to consider some variables, referring to various aspects of resources and performance. For this same reason, the social performance of SEs, which is of fundamental importance within the objectives of any organization of this type, was not analyzed and may be a suggestion for future work. [ABSTRACT FROM AUTHOR]

The significant influence of green human resource management (GHRM) on a firm's environmental performance (EP) has garnered considerable attention in recent literature. Research on GHRM has primarily focused on its impact on employee green behavior or outputs, neglecting its role as an organizational-level resource in facilitating the implementation of environmental strategy (ES). Additionally, limited attention has been paid to the influence of green consciousness (GC) of top managers on this process. Drawing on the resource-based view and upper echelons theory, this study employed a moderated mediation model to explore the relationships among ES, GHRM and GC of top managers. Data were collected from questionnaire responses of 476 senior executives from Chinese warehousing or logistics firms, gathered in three phases using a time-lagged approach. Results indicated that GHRM partially mediates the relationship between ES and EP. Additionally, it was found that GC of top managers moderates the relationship between ES and GHRM, acting as a boundary condition for the mediating effect of GHRM on EP. The study concludes with a discussion of several theoretical and practical implications arising from these findings. [ABSTRACT FROM AUTHOR]

The present study investigates the relationship between organizational resources (financial, social, and technological capital) and dynamic capabilities development in crises periods. Through quantitative research, a theoretical framework that is based on resource‐based view and dynamic capabilities view is validated for the first time in the hospitality industry. In practice, it is explored whether the hospitality firms—based on their own resources—can develop the dynamic capability of organizational agility that enables them to cope with turbulent and unstable environments. The empirical research was conducted with the sample of 502 hospitality firms in Greece during the COVID‐19 era. The findings confirm that financial and technological capital have a positive influence on the development of agility‐related dynamic capabilities, and specifically market capitalizing agility and operational adjustment agility, for the hospitality industry during turbulent periods. Instead, social capital has a negative and no effect respectively on these two dynamic capabilities. [ABSTRACT FROM AUTHOR]

Implementing green mechanisms has been mandatory to save the environment and for greater organizational profitability, reputation, and eventually competitive advantage in the dynamic and open market. However, employees are the catalysts in implementing green mechanisms, which are diverse and sophisticated; thus, the implementation process includes numerous challenges that are not explored from managerial and nonmanagerial perspectives in the current literature. Drawing on resource‐based theory, this particular qualitative study explores the challenges faced by managerial and nonmanagerial employees working in the Malaysian automotive, electrical and electronics, and construction industries in implementing green human resource management (GHRM) practices. Using a qualitative approach, data were obtained from 48 face‐to‐face semi‐structured interviews. Thematic analysis using NVivo 12 revealed 16 challenges that hinder the implementation of GHRM practices in Malaysian companies. We classified these challenges into three categories: high, moderate, and low. However, the main challenges were the lack of focus on the environment, difficulties in educating employees at different levels, a priority on progress/productivity neglecting the environment, the influence of external forces and the cost of going green. The study has discussed the implications of its findings for both theory and practice, followed by arguments on research limitations and future directions. [ABSTRACT FROM AUTHOR]

Research has called for firms to prioritize reducing carbon emissions, however strategies to do so with external partners through institutional conformity and integration are lacking in research and practice. Drawing upon the resource-based view and institutional theory, the study in this paper proposes and tests a series of research hypotheses with Chinese firms. Structural equation modelling was used to analyse data and findings reveal carbon emissions reduction and low carbon institutional pressures are crucial forces driving external low carbon supply chain integration with external suppliers and customers. Further, low carbon supply chain integration overall positively impacts a firm's environmental performance, external customer integration positively impacts a firm's financial performance, and environmental performance plays a mediating role between external low carbon supply chain integration and financial performance. This study contributes by shedding new light on two patterns of external low carbon supply chain integration compared to prior studies. [ABSTRACT FROM AUTHOR]

Purpose: This study aims to analyse the way the internal resources and their attributes contribute to the competitive advantages in an intensive organisation in knowledge of the pharmaceutical industry in an emerging market. Design/methodology/approach: This is a qualitative case study focused where the NVivo software was used for information analysis and thematic analysis. Findings: The outcomes showed that from the VRIO framework (value, rarity, imitability and organisation), the plant and equipment and the technical knowledge of its workers are the resources that, due to their attributes, especially the rare, those that grant an advantage competitive position compared to other companies in its sector. Those findings highlight that the resource-based view (RBV) is a good approximation to explain the construction of competitive advantage (CA) and, in addition, the relevance of rare attribute in pharmaceutical companies was confirmed. Practical implications: The study points out empirical evidence on the relevancy of RBV, from the VRIO framework and the competitive profile matrix (CPM) for the analysis of the management of organisations from the emerging market (economy) perspective. The study also provides competitive advantage analysis tools with which managers can identify strategic resources for their companies. Originality/value: The VRIO framework and CPM were integrated in the study to analyse the role of internal resources and their attributes in achieving CAs. This integration is the first time that it has been carried out in companies in the context of an emerging market. [ABSTRACT FROM AUTHOR]

Purpose: As businesses keep investing substantial resources in developing business analytics (BA) capabilities, it is unclear how the performance improvement transpires as BA affects performance in many different ways. This paper aims to analyze how BA capabilities affect firms' agility through resources like information quality and innovative capacity considering industry dynamism and the resulting impact on firm performance. Design/methodology/approach: This paper tested the research hypothesis using primary data collected from 192 companies operating in Bangladesh. The data were analyzed using partial least squares-based structural equation modeling. Findings: The results indicate that BA capabilities improve business resources like information quality and innovative capacity, which, in turn, significantly impact a firm's agility. This paper also found out that industry dynamism moderates the firms' agility and, ultimately, firms' performance. Practical implications: The contribution of this work provides insight regarding the role of business analytics capabilities in increasing organizational agility and performance under the moderating effects of industry dynamism. Originality/value: The present research is to the best of the authors' knowledge among the first studies considering a firm's agility to explore the impact of BA on a firm's performance in a dynamic environment. While previous researchers discussed resources like information quality and innovative capability, current research theoretically argues that these items are a leveraging point in a BA context to increase firm agility. [ABSTRACT FROM AUTHOR]

This study, which is anchored to Resource‐Based View (RBV) theory, explores the relationship between artificial intelligence (AI), process optimization, organizational flexibility, and sustainability performance in organizational settings. Leveraging the RBV framework's focus on internal resources as sources of competitive advantage, this research seeks to clarify how AI adoption, process optimization, and organizational flexibility foster sustainable growth. SPSS PROCESS Macro was used to analyze the data from 288 organizations. The findings derived from the empirical data, this study verify the positive relationships between AI and process optimization as well as AI and sustainability performance, revealing the strategic nature of AI as a resource to improve operational effectiveness and environmental responsibility. Further, our results indicate the mediating role of process optimization and the moderating effect of organizational flexibility in determining the link between AI and sustainability outcomes. Moreover, results confirmed the indirect effects of AI on sustainability performance via process optimization under the boundary conditions of the organizational flexibility. These findings add to the developing literature of sustainable operational practices and provide practical suggestions that might be useful for the practitioners aiming at using AI driven by organizational capabilities to deliver sustainability performance. [ABSTRACT FROM AUTHOR]

In the aftermath of global warming, companies face huge pressure to minimize waste, reduce carbon emissions, and generally become more responsible in their operations. Against this backdrop, researchers argue that top management can significantly shape a firm's environmental performance (EP). This research aims to investigate the impact of CEO ethical leadership style on Saudi firms' EP in the presence of green human resource management (GHRM) practices as a mediator and stakeholder pressure as a moderator. We utilize the resource‐based view and stakeholder theory to develop hypotheses on these relationships. Multisourced data were collected from 272 small and medium‐sized manufacturing enterprises (SMEs) in Saudi Arabia. Our findings revealed that CEO ethical leadership positively influences firm EP via GHRM practices. The results also indicated that stakeholder pressure moderates the direct relationship between CEO ethical leadership and GHRM practices. Moreover, the stakeholder pressure moderates the indirect effect of CEO ethical leadership on firms' EP via GHRM. This study suggests that stakeholder pressure and GHRM practices are important mechanisms between CEO ethical leadership and firms' EP. Our research highlights essential theoretical and empirical contributions and provides insights for HR practitioners when and why SMEs engage in environment‐friendly practices. [ABSTRACT FROM AUTHOR]

This study extends research on buyer firm roles in improving supplier sustainability practices by considering institutions – norms and rules – in the organisational field in which suppliers and sub-suppliers operate, exerting pressures on these actors to align their respectivepractices. We introducethe resource-based view to arrive at a framework outlining key capabilities for institutional entrepreneurs that seek institutionalisation of corporate sustainability standards (CSS) as a new institution across a multi-tier supply chain. The paper draws on the results of an exploratory research study using six comparative case studies within four industries. While institutional entrepreneurship explains how organisations drive institutional change, the resource-based view outlines criteria for organisational capabilities enabling the focal firm to achieve the targeted institutional change. Our analysis suggests five key capabilities enabling a buying firm to effectively institutionalise their requirements in multi-tier supply chains: (1) inter-firm dialogue, (2) risk management, (3) external stakeholder collaboration, (4) cross-functional integration, and (5) continuous improvement. The key organisational capabilities identified help to extend the theory of institutional entrepreneurship with concepts that facilitate institutional change in multi-tier supply chains with respect to corporate sustainability. This exploratory work opens up avenues of additional research in general and supply chain theory development. [ABSTRACT FROM AUTHOR]

Numerous studies have investigated the influence of sponsors on the sport organizations with whom they partner. However, rather than simply assessing the impact of a new, incremental sponsor, which should result in a net positive for the sponsored organization, we quantify and isolate the effect of resources provided upon the switch of one sponsor to another. Furthermore, the resource-based view of the firm is utilized as a theoretical lens to understand the effects of these resources on demand, the ability to recruit human capital, and organizational performance. In Study 1, we analyze 15 years of data from 98 sponsorship agreements, finding that switches provide additional resources, but do not positively impact demand, recruiting, or performance, even in subsequent years. In Study 2, we find that the financial commitment necessary to acquire a sponsorship from a competitor does not result in a corresponding increase in shareholder value for the sponsoring firm. [ABSTRACT FROM AUTHOR]

Global competition has forced companies, including small and medium enterprises (SMEs), to improve their competitive advantage. Supply chain management practices are the ways to improve the competitive advantage, particularly in the global competition context. However, there is still doubt SMEs can compete globally, considering they face limited resources, skilled workforce, and business networks. Therefore, this study aims to examine the influence of supply chain management practices, covering cross-functional integration, partnership, responsiveness, and resilience. Moreover, this study has examined which practices dominate in improving competitive advantage. The quantitative study involved 445 SMEs located in East Java, Indonesia. The respondents are supervisors or higher levels and work in departments related to supply chain management, as they can provide the relevant information and possess complete knowledge of management practices. The data were collected via a questionnaire designed with a five-point Likert scale. The responses were analyzed using SmartPLS software 4.0. The results show that cross-function integration improves supply chain partnership, responsiveness, and resilience (β = 0.705, 0.382, 0.324; t-value = 25.177, 6.697, 5.783). Supply chain partnerships affect supply chain responsiveness, resilience, and competitive advantage (β = 0.327, 0.257, 0.249; t-value = 5.933, 4.536, 5.651). Moreover, supply chain responsiveness improves supply chain resilience and competitive advantage (β = 0.285, 0.106; t-value = 5.690, 2.099). Supply chain resilience improves competitive advantage (β = 0.435 and t-value = 8.987). SMEs can enhance their competitive advantage by integrating their internal cross-functional integration and adopting supply chain partnership, responsiveness, and resilience. Acknowledgments The authors would like to thank DIKTI 2023 and Research and Community Outreach Petra Christian University for providing the grant to fund this research.

This research seeks to examine the interaction between customer value analytics (CVA) and performance of SMEs through the Resource-Based View (RBV) theory's viewpoint. In this study, data was acquired by surveying 225 SMEs recognised by the Ghana Enterprise Agency (GEA) as food processors in the Eastern Region of Ghana. Analysis of the impact of CVA on SMEs' performance was conducted using the path analysis approach of structural equation modelling (SEM). The results of the study showed that CVA had a substantial and positive effect on performance of SMEs in the areas of internal processes of business, learning and development, customers, and finance. Findings from this study further demonstrate how crucial CVA components—data mining (DM), Internet of Things (IoT), and analytic hierarchy process (AHP)—are to the functioning of SMEs. The research findings provide strong evidence for the proposition of the RBV theory.The results of the present research corroborate prior studies that propose that SMEs ought to view CVA and its determinants—like IoT, DM, and AHP—as a crucial competitive asset and capability that could potentially augment their expansion in areas like finance, customer acquisition, internal business operations, and learning and development. This study advances the understanding of CVA and SMEs' performance, particularly in emerging market economies. [ABSTRACT FROM AUTHOR]

Organizational agility has become essential and its importance has increased after COVID-19. There are inconsistent findings regarding the factors that affect organizational agility. This study focuses on the effect of technological innovation and the knowledge management process by reviewing the literature related to these variables. Three databases, Scopus, Web of Science (WoS), and Google Scholar, were used using certain search keywords, and a total of 30 articles were identified between 2010 and 2022 and reviewed. The findings showed that the number of articles has increased sharply during and after the COVID-19 pandemic. However, the use of theories to explain organizational agility is still emerging, with the resource-based view, the dynamic capability, and the knowledge-based view being the most used theories. The sample size is increasing to meet the structural equation modeling requirements. The effect of technological innovation and the knowledge management process is positive in most studies. More studies are needed to examine organizational agility as a dependent variable in different countries, contexts, and industries. In addition, future studies should examine other moderating variables in this context. [ABSTRACT FROM AUTHOR]

PurposeMethodology/ApproachFindingsResearch ImplicationsPractical ImplicationsOriginality/Value/ContributionTransformative marketing (TM) has reached considerable attention of both academic and practitioner communities. Being defined as the “confluence of a firm’s marketing activities, concepts, metrics, strategies, and programs that are in response to marketplace changes and future trends” (Kumar 2018, 2), TM aims at fostering beneficial customer-solutions and providing competitive advantages for firms and their stakeholders. However, five notable research gaps persist within TM to date: First, inadequate consideration of B2B contexts despite being a uniquely disruptive market constellation. Second, a lack of empirical TM studies hindering substantial insights on generalization. Third, scarcity of contextual foundations such as the prototypical, yet highly transformative application context of mobility ecosystems. Fourth, absence of a holistic view capturing TM instruments, strategies, and success metrics. Fifth, unexamined aspects of the Resource-Based View (RBV) in TM enabling further insights into firm’s transformation readiness. A distinctive feature of this research is its deliberate focus on B2B mobility firms, a domain characterized by high levels of disruption yet surprisingly neglected in TM literature. By delving into this overlooked sector, we aim to address critical knowledge gaps and unravel the intricate dynamics of disruptive B2B mobility ecosystems. For this purpose, we firstly delineate the morphology of disruptive B2B mobility ecosystems, shedding light on their structure and components. Secondly, we aim to develop a robust frame for assessing the “transformation readiness” of B2B mobility companies, crucial for navigating disruptive landscapes effectively. Thirdly, we endeavor to identify and scrutinize the TM instruments deployed within B2B mobility, with a view to constructing a comprehensive typology of TM strategies tailored to this context. Finally, we aspire to establish metrics for measuring the success of TM initiatives within B2B mobility companies, providing valuable insights for practitioners and scholars alike.This work presents a comprehensive qualitative study involving 30 in-depth expert interviews conducted between July-September 2023 in Europe and the U.S. Capturing the perspectives of multiple firm types active in B2B mobility, as suppliers, technology firms or mobility service providers (MSPs), the study takes a deep look into the TM phenomena of this turbulent environment. In addition to 14 managers with leadership experience in marketing, strategy and sales, our study incorporates 11 distinguished professionals from management boards encompassing CEOs, CFOs or CDOs. Further, we engage 5 leaders specialized in innovation and digitalization. The findings are derived through a thematic analysis employing both structural and open coding techniques (Saldana, 2013, Strauss & Corbin, 1998).Our study involves six major findings related to the questions defined. First, suppliers in B2B mobility have not yet transformed from a value-based toward an ecosystem-based acting and lack a customer-centric perspective (RQ1). Second, a company’s readiness for transformation is notably influenced by its commitment to design a market-oriented and integrated organization, its adoption of a transformative culture and its success to acquire software-oriented human capital (RQ2). Third, the transformative marketing (TM) instruments applied in B2B mobility markets relate to six thematic categories and are dominantly characterized by strategic levers – a facet, which has so far received limited theoretical and conceptual attention (RQ3). Fourth, there are four foundational TM strategies evident, namely dependent, progressive, reactive, and evasive approaches, distinguishable through their intensity and proactivity (RQ3). Fifth, the selection of TM success indicators remains largely independent from organizational types and management levels, with a primary focus on financial and profitability metrics (RQ4). And sixth, explaining the success measurement of TM in B2B mobility companies requires the consideration of a firm’s foundational TM strategy (RQ4).Our research advances the theoretical understanding of B2B TM, lays the foundation for further generalizing research and theory-building and enhances the current B2B TM perception toward a more strategic perspective. Additionally, we seek to contribute to a greater consideration of B2B marketing in contexts of turbulent environments. We emphasize that the integration of TM with the Business Ecosystem (BES) and the Resource-Based View (RBV) increases further explanatory power of transformational phenomena. In terms of the BES, we show that the perception of a turbulent environment varies depending on company type and has a major influence on a firm’s transformation. In relation to the RBV, our results demonstrate that within the B2B TM context, a stronger focus should be placed on identifying supportive and hindering transformation resources. Thus we propose describing the gap between existing (positive and hindering) and required resources as the “transformative resource gap (TRG)” and suggest, that this construct has the potential to enhance the RBV perspective on TM.The study presented offers the practitioner community to more thoroughly examine B2B firms’ TM phenomena. Connecting TM with concepts of the BES and the Resource-Based View (RBV) enables a deeper understanding of strengths and risks related to organization’s market-related activities. Further, we underline threats resulting from a missing market- and customer-centric perspective and recommend validating market assumptions near customers to reduce misjudgments. Additionally, our findings assist in managing the proactivity and intensity of TM, suggesting ways for reaching a progressive TM strategy. Ultimately, we encourage companies to select success metrics in line with their chosen strategy.Our research stands at the forefront of advancing the theoretical landscape of B2B TM by integrating two pivotal frameworks: the Business Ecosystem (BES) and the Resource-Based View (RBV). This integration is not merely incidental but strategically chosen to amplify our understanding of transformational phenomena within B2B contexts. By leveraging the RBV, we delve deep into the internal resources, capabilities, and competencies of B2B mobility BES, unraveling their unique strategic characteristics and sources of competitive advantage. [ABSTRACT FROM AUTHOR]

The present study investigated the effectiveness of sport venue stimuli and local image fit in the case of FC Cincinnati at Nippert Stadium. A convergent parallel mixed-methods design was employed to collect and analyze both quantitative and qualitative data, enabling the connection between the two components and facilitating the interpretation of the results. The findings demonstrated that establishing sensory image fit between Nippert Stadium and Cincinnati was achievable, resulting in positive impacts according to both the quantitative and qualitative results. These conclusions, supported by the resource-based view approach, emphasize the importance of organizations leveraging local resources to create value and enhance memorable fan experiences. In practical terms, the applied sensory image fit scale provides venue managers with a powerful tool to assess the current status of stadium operations in terms of sensory stimuli and guide the design and development of venue stimuli for continuous improvement. [ABSTRACT FROM AUTHOR]

Copyright of Journal of Hospitality & Tourism Technology is the property of Emerald Publishing Limited and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Purpose: This study aims to examine how the effect of gender on entrepreneurial growth aspirations is moderated differently by individual resources (human and financial capital) compared to those within the social environment (availability of entrepreneurial knowledge and role models). Design/methodology/approach: A multilevel estimator is used to investigate the determinants of growth aspirations of owners-managers of nascent start-ups. The Global Entrepreneurship Monitor database is employed, covering the period 2007–2019, with 99,000 useable cases drawn from 95 countries. Findings: The results suggest that individual financial resources and human capital have positive effects on entrepreneurial growth aspirations; yet these effects are weaker for female entrepreneurs relative to males. In contrast, the impact of the availability of entrepreneurial social knowledge and role models on their growth aspirations is more positive than for male entrepreneurs. Originality/value: This study offers a novel insight into entrepreneurial growth ambition, as it utilises a global perspective to scrutinise whether individual and social resources contribute differently to male versus female growth-aspirations, employing a multilevel approach. It also integrates insights from the resource-based view and from the relevant business literature on entrepreneurs' gender to develop theoretical explanations. [ABSTRACT FROM AUTHOR]

In contemporary developed Western societies, structural discrimination often bars ethnic minorities from entering mainstream entrepreneurship and labor markets. Consequently, minorities engage in microentrepreneurship for economic survival and to retain their social identities. Yet despite the economic value of ethnic minority microbusinesses, little is known about the underlying forces that develop fundamental resources which shape their performance. Based on Bourdieu's forms of capital and the resource-based view of the firm, our study presents a novel culture-induced entrepreneurship model. This model explains how ethnic minority culture shapes the development of human capital resources and how these resources contribute to business performance in communities which are often characterized as "left behind." Our study challenges the dominant underdog discourse of (cultural) capital deficit among ethnic minority entrepreneurs. [ABSTRACT FROM AUTHOR]

Business angels (BAs) and venture capitalists (VCs) play major roles in the early funding stages of a venture. Although a significant proportion of venture funding rounds results from multiple investor types, most existing research takes an isolated view of either BAs or VCs. Research on the conditions and reasons for the formation of co-investments by BAs and VCs remains scarce. This study closes this gap by considering the impact of investor characteristics of BAs and VCs on the likelihood of co-investment. We focus on investor reputation, prior investment ties, and geographic proximity between the new venture and the investor. We address the questions of how these investor characteristics predict the probability of a co-investment between BAs and VCs in the first funding round of a new venture. Relying on the resource-based view and agency theory, we examine conditions that are in place when the two types of investors co-invest. Using a large-scale dataset with more than 7300 funding rounds of US-based ventures between the years 2005 and 2017, we find support for our hypotheses that investor reputation, prior investment ties, and geographical proximity impact the likelihood of co-investment and that these associations differ depending on the investor type. [ABSTRACT FROM AUTHOR]

Focal firms in the agri-food business must take strategic measures to ensure certain product and quality characteristics along the value chain. This is necessary in order to be able to keep up with competitors in the long term. Research shows that competitive parity, in addition to competitive advantage, should be considered as a strategic dimension. In the production of food, often several actors are involved and the focal firm (that is primarily responsible for the product) must organize the business relationships along the chain in such a way that the desired outcome is achieved in the short and long term. The achievement and safeguarding of competitive parity have been little researched so far. Up to now, there has only been a systematic literature review on this topic. Therefore, this aim of this research is to examine which factors influence the construct of competitive parity. Based on the findings of the literature review and further literature on the management of value chains, a theoretical framework is developed. A first empirical application of the model makes it possible to derive recommendations for action for focal firms in the agri-food industry. Therefore, we conduct a quantitative survey in the wine industry. PLS-SEM is used to analyze the model, using SmartPLS software. This research is the first to empirically investigate the strategic relevance of competitive parity in the agri-food business. The results show that chain management needs to pay attention to competitive parity besides the competitive advantage. Whereas the measures of cooperation have a stronger effect on achieving a competitive advantage, the measures of coordination have a stronger effect on achieving competitive parity. The constructs of power and trust — in contrast to the existing basis of resources and capabilities in the company — seem to have a significant influence on cooperation and coordination. [ABSTRACT FROM AUTHOR]

The economic crises constitute the most important disruptions in firms' external environment, which have quite negative economic consequences for them, leading to significant reductions of their activities. However, the negative impacts differ significantly among firms, so it is important to identify factors that affect their magnitude at firm level, as they would provide to firms a useful basis for developing strategies for increasing their resilience to crisis. In this study, based on the resource-based view (RBV) of the firm as well as the dynamic-capability view (DCV) as theoretical foundations, we develop a set of research hypotheses concerning the effects of a series of factors on firm overall crisis economic vulnerability as well as crisis vulnerability with respect to several investment categories. We test these hypotheses using Greek firm data for the crisis period 2009–2014. We find evidence for a vulnerability reducing effect of new forms of "organic" workplace organization and human capital endowment, the latter effect particularly for investment in R&D and innovation, a stabilizing effect of a series of dynamic capabilities, a stabilizing effect of export activities, a de-stabilizing role of crisis-induced liquidity restrictions, and a de-stabilizing effect of crisis-induced decrease of overall private and public demand. [ABSTRACT FROM AUTHOR]

This study seeks to explore the intricate relationship between total quality management (TQM) and environmental performance (EP), incorporating the mediating role of green manufacturing practices (GMPs). Additionally, the study examines the moderating impact of environmental strategy on the connections between GMPs and EP. Data were collected through a questionnaire distributed to managers of manufacturing small and medium-sized enterprises (SMEs) and were subjected to analysis using structural equation modeling. The results reveal a positive and significant impact of TQM on EP. Furthermore, the findings suggest that GMPs partially mediate the association between TQM and EP, while the anticipated moderating effect of environmental strategy between GMPs and EP is also supported in this study. These outcomes hold valuable implications for enhancing the environmental performance of SMEs through the integration of TQM and GMPs. It is important to note that this research exclusively focuses on manufacturing SMEs; therefore, future studies should extend their examination of this concept to other industries. Additionally, the study's findings provide a valuable roadmap for SME administrators aiming to elevate their environmental performance. [ABSTRACT FROM AUTHOR]

Companies need to consider corporate social responsibility (CSR) as they seek to achieve digital transformation. However, scholars know little about whether CSR can "feed" digital transformation. We argue that engaging in CSR can improve a firm's resource base in terms of human, financial, and technological resources, thereby contributing to the development of digital transformation. Using data from A-share listed companies from 2011 to 2020, we test our hypothesis and find that CSR facilitates digital transformation of firms and that the effect is persistent. Mechanism tests show that CSR promotes digital transformation only by improving firms' human and technological resources. In addition, the facilitating role of CSR is more pronounced in non-state-owned enterprises and small and medium-sized enterprises. This study enriches the literature on the relationship between CSR and digital transformation. [ABSTRACT FROM AUTHOR]

Startups and established firms collaborate in order to leverage complementary resources and innovative capabilities to sustain a competitive advantage. By forming alliances, startups are able to mitigate challenges connected to their smallness and lack of legitimacy. However, the underlying criteria by which startups screen and select potential collaboration partners in such asymmetric collaborations remain poorly understood. This paper examines the dynamics of these asymmetric collaborations, exploring the motives, selection criteria, and the willingness of startups to partner from a resource-based perspective. We conduct a conjoint experiment to examine the relationship between diverse resource commitment types and startups' willingness to partner. The findings of the study confirm a strong influence of financial, technological, managerial, and physical resources in a startup's decision-making process regarding partner selection. Notably, the attractiveness of a partner was found to diminish when they possess a similar market portfolio, potentially fostering future competition. Consequently, startups must implement effective control and protection mechanisms to prevent opportunistic behaviours from collaboration partners operating in the same market. To contribute to the existing literature, we adopt a resource-based theoretical lens that emphasises the pivotal role of capabilities in a startup's decision-making process and demonstrates their influential role in forging successful collaborations with established partners. Ultimately, our findings enhance the understanding of the partner selection criteria, offering valuable insights for new ventures seeking beneficial partnerships at the early stages of a collaboration. [ABSTRACT FROM AUTHOR]

This study examines the significance of green purchase behaviour in small and medium-sized enterprises (SMEs) and explores the mediating and moderating roles of waste management and ecoregulation in this context. The theoretical frameworks of resource-based view was utilized to conceptualize the relationships and dynamics between green purchase behaviour, waste management, eco-regulations, and sustainable performance in SMEs. Insights from these theoretical perspectives help in understanding how internal resources, capabilities, external pressures, and institutional factors interact to drive sustainability practices and business outcomes. Using a cross-sectional design, a questionnaire survey was administered to 225 SME owners. Using the Structural Equation Modelling (SEM) technique of Partial Least Squares (PLS), this study empirically analyses the relationships between green purchase behaviour, waste management practices, eco-regulations, and sustainable performance in SMEs. The results confirmed that green purchase behaviour (GPB) positively impacts waste management (WM). Furthermore, WM positively impacts financial performance (FP), social performance (SP) and environmental performance (EP). The results validate the mediating role of WM. The moderating results revealed that eco-regulation (ER) does play a moderating role in proposed relationships. As SMEs worldwide grapple with the imperative to adopt sustainable business practices, this study provides valuable insights and a roadmap for SMEs seeking to navigate the complex landscape of environmental responsibility and social accountability. The findings provide practical guidance for SMEs striving to strike a balance between economic success and environmental stewardship, fostering a holistic approach to sustainability of SMEs. [ABSTRACT FROM AUTHOR]

This study examines the role of using algorithmic human resource management (HRM) to make strategic decisions concerning firms' human resource (HR) activities. This study develops a scale to measure algorithmic HRM usage in its first phase. In the second phase, it is found that algorithmic HRM usage significantly impacts strategic HR decision-making, which helps and enables firms to create a competitive advantage. Utilizing the authors' LinkedIn profiles, 234 participants were included in the fieldwork. Collected data were analyzed by applying partial least squares structure equation modeling (PLS-SEM). The mediating roles of HR strategic decision-making and HR digital maturity as moderators in enabling the impact of algorithmic HRM on the firm's competitive advantage have been corroborated. This study finds a strong relationship between algorithmic HRM usage and competitive advantage, a significant relationship between algorithmic HRM usage and strategic HR decision-making, and a significant relationship between strategic HR decision-making and competitive advantage. The moderating role of HR digital maturity was insignificant in this research, paving the way for future research. This research, the model, and its findings contribute to the theory and implicate the practicality of algorithmic HRM. It is one of few papers addressing algorithmic HRM usage in a transitioning economy like Saudi Arabia. [ABSTRACT FROM AUTHOR]

This study visually explores the relationships among human resource management (HRM) investment, strategy implementation, and firm performance for small- and medium-sized enterprises (SMEs) in Korea. This exploratory research focuses on the significance of strategy implementation, an often overlooked factor in the relationship between HRM and firm performance, as well as HRM investment, which can enable the development of organizational capabilities. We conducted a multiple correspondence analysis to understand the interrelationship between HRM investment, competitive strategy implementation, and firm performance. We differentiated the results by group type according to the level of HRM investment, competitive strategy implementation, and firm performance. We found that firms with high HRM investment achieve the highest performance by implementing an ambidextrous strategy that simultaneously pursues cost leadership and differentiation. Ultimately, this study's results suggest that for firms to create a competitive advantage through the strategic capitalization of human resources, long-term and continuous investment in HRM is necessary, even if short-term visible effects are not observed while the HRM system is being built, to eventually establish the organization's capacity to support strategy execution. This study's potential contribution is to extend the resource-based view by establishing the role of strategy implementation in linking HRM systems as organizational capabilities to performance. [ABSTRACT FROM AUTHOR]

This research observes the relationship between industry 4.0 technologies (i.e., Internet of Things or IoT, machine learning, blockchain technology, and big data) and supply chain performance (SCP) with the mediating role of technological intensity in manufacturing firms using a resource-based view (RBV). Marketing strategy alignment is used as a moderator between technological intensity and SCP. The PLS-SEM is used, and 340 responses are used for the final analysis, collected using a simple random sampling technique. Multiple regressions were used to test hypotheses. IoT, blockchain technology, and technological intensity improve SCP. In contrast, machine learning and big data do not directly influence SCP. IoT, machine learning, big data, and blockchain technology significantly determine technological intensity. Besides, technological intensity significantly mediates industry 4.0 technologies and SCP. Finally, marketing strategy alignment strengthens the relationship between technological intensity and SCP. This research recommends that management implement industry 4.0 technologies, technological intensity, and marketing strategy alignment to improve SCP. This initial research examines industry 4.0 technologies, technological intensity, and marketing strategy alignment influence on SCP by using RBV. [ABSTRACT FROM AUTHOR]

Rapid economic growth, intense competition, and rising environmental concerns are compelling businesses to attain sustainable performance and preserve long‐run interests. Considering the lack of EO in small and medium enterprises (SMEs) in the emerging context of Pakistan, the present study investigates the impact of entrepreneurial orientation (EO) on sustainable business performance (economic, environmental, and social) by drawing perspective from dynamic capabilities and resource‐based views. The mediating role of innovation capabilities between EO‐sustainable performance and the moderating effect of technology dynamism on the EO‐innovation capabilities link is also examined. Data from 408 Pakistani SMEs was analyzed using the structural equation modeling. The findings reveal a direct positive influence of EO on sustainable performance. Furthermore, innovation capabilities are found to mediate the EO‐sustainable performance relationship, while technology dynamism positively moderates the EO‐innovation capabilities link. These results emphasize the importance of aligning EO with innovation capabilities to adapt to technological changes in the industrial regime. The theoretical contributions emphasize the importance of promoting EO‐innovation capabilities. Practical contributions imply that entrepreneurs should create an enabling environment that fosters innovation capabilities within SMEs to enhance sustainable performance, especially in resource‐constrained emerging settings. The study also offers researchers a foundation for further investigations in this area. [ABSTRACT FROM AUTHOR]