An international empirical study on the relationship between decision‐making information complexity and resource‐based view in small and medium‐sized enterprises
Bibliographic Data
| ID | 21651799 |
|---|---|
| Authors | Norbert Sipos (0000-0001-8815-0027, Department of Leadership and Organizational Sciences, Faculty of Business and Economics University of Pécs Pécs Hungary, corresponding author), Edit Bányai (0000-0002-0639-726X, Department of Leadership and Organizational Sciences, Faculty of Business and Economics University of Pécs Pécs Hungary), Tímea Venczel‐Szakó (0000-0002-2127-0187, Department of Leadership and Organizational Sciences, Faculty of Business and Economics University of Pécs Pécs Hungary) |
| Year | 2024 |
| Volume | 41 |
| Issue | 3 |
| Pages | 453-470 |
| Publication date | 2024-05-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Systems Research and Behavioral Science (JOURNAL) |
| Journal identifiers | ISSN: 1092-7026 • E-ISSN: 1099-1743 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/sres.2988 |
| OpenAlex | W4388475681 |
| Language | EN |
| References cited | 75 |
This study contributes to the topic of small and medium‐sized enterprise (SME) decision‐making peculiarities from a resource‐based view (RBV). It provides empirical evidence on the relationship between the decision of SMEs and a variety of information sources. We analysed a comprehensive dataset drawn from the Global Competitiveness Project on SMEs' competitiveness, including cross‐sectional data of 784 businesses from eight countries. The extent of information used by SMEs is positively affected by the intensity of competition, networking and the existence of formal and informal relationships, the higher level of innovation activity and a more complex compensation system. We could only partially support the fact that the amount of information used by SMEs in decision‐making is positively influenced by their marketing practices. The SME leaders should consider the fact that their business is much smaller than their potential benchmarking counterparts, and a mere imitation of decision‐making‐related information sources is not necessarily leading to the desired outcome
Benchmarking · Business · Empirical research · Imitation · Industrial organization · Knowledge management · Small and medium-sized enterprises · Computer Science · Economic and Technological Innovation · Innovation and Knowledge Management · Innovation and Socioeconomic Development · Marketing
Applied Multivariate Statistics for the Social Sciences
Politics of Strategic Decision Making in High-Velocity Environments
Is the Resource-Based “View” a Useful Perspective for Strategic Management Research?
Firm Resources and Sustained Competitive Advantage
Organizations in Action
Opportunity Identification and Pursuit
Decisional comprehensiveness and firm performance
How effortful decisions get enacted
How do innovation culture, marketing innovation and product innovation affect the market performance of small and medium-sized enterprises (SMEs)
The Firm or the Region
| Highly cited | No |
|---|