Abstract:The main objective of this paper is to bring a model for firm sustainability performance index by applying both classical and Bayesian structural equation modeling (parametric and semi-parametric modeling). Both techniques are considered to the research data collected based on a survey directed to the China, Taiwan, and Malaysia food manufacturing industry. For estimating firm sustainability performance index we consider three main indicators include knowledge management, organizational learning, and business strategy. Based on the both Bayesian and classical methodology, we confirmed that knowledge management and business strategy have significant impact on firm sustainability performance index.
The purpose of this approach is to establish the twin impacts of organizational innovation (OI) with organizational learning (OL) in the relation between knowledge management (KM) and organizational performance (OP). 168 companies of manufacturing Food Company were chosen from Malaysia, Taiwan, China and path analysis is used to analyse the underlying hypotheses. The research framework under study contain four latent variables (OP; OL; KM; OI) and three observed indicators (firm type; firm size; firm age). Structural equation modelling include mediation and moderation analysis were used in this study. The obtained results support the literature regarding the relationship among these four constructs and prove that the combination of OI and OL is mediator in the linkage between KM and firm performance. Moreover, firm age, size and type are acting as moderators among the research latent variables. The introduced model can be consider as a basic framework for technology management modelling studies. Limitation and implications for future studies are discussed.
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