3 Approaches from strategic management: Resource-based view, knowledge-based view, and dynamic capability view

Maijanen, Päivi

doi:10.1515/9783110589542-003

Cited by 5 publications

(2 citation statements)

References 74 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…According to the resource-based perspective, a business can obtain a competitive edge by making effective and efficient use of valuable resources (Barney, Wright, & Ketchen, 2001;Wernerfelt, 1984), particularly where knowledge-based resources are highly valued (Coff, 2003). As a result, a knowledge-based perspective emphasizes the need to acquire and master knowledge in order to ensure organizational sustainability (Coff, 2003;Maijanen, 2020). This viewpoint holds that enterprises that possess good knowledge, such as financial management or financial literacy, are generally superior to their competitors (Kulathunga, Ye, Sharma, & Weerathunga, 2020).…”

Section: Theoretical Underpinningmentioning

confidence: 99%

Financial literacy and sustainability in SMEs: Do financial risk attitude, access to finance, and organizational risk-taking tolerance mediate?

Masdupi,

Firman,

Rasyid

et al. 2024

5002

View full text Add to dashboard Cite

Small and medium-sized enterprises (SMEs) contribute significantly to the economic growth of emerging economies. However, SMEs have difficulty maintaining their performance. This paper examines the impact of financial literacy on the sustainability of SMEs with the roles of access to finance, financial risk attitude, and organizational risk-taking tolerance as mediators. This study concentrated on the Indonesian market and used questionnaires to collect data from the owners or chief financial officers of SMEs. The extent of the correlations was examined using partial least squares structural equation modeling. It was found that financial literacy, financial risk attitude, and organizational risk-taking tolerance are significant antecedents of SME sustainability. Access to finance, on the other hand, was not a factor in SME sustainability. A financial risk mentality was also revealed to have a substantial influence on the association between financial literacy and SME viability in the study. Furthermore, the relationship between financial literacy and SME viability was found to be mediated by organizational risk-taking tolerance. This study has significant relevance for SMEs, as it confirms that financial literacy is crucial for continued success. SMEs with proper financial literacy will have a superior attitude to financial risk and organizational risk-taking tolerance, ensuring their sustainability. Future studies can investigate SME sustainability in other emerging economies and compare their performance and sustainability.

show abstract

Section: Theoretical Underpinningmentioning

confidence: 99%

Financial literacy and sustainability in SMEs: Do financial risk attitude, access to finance, and organizational risk-taking tolerance mediate?

Masdupi,

Firman,

Rasyid

et al. 2024

5002

View full text Add to dashboard Cite

show abstract

“…Oleh karena itu, sumber daya internal organisasi mendorong keunggulan kompetitif. Namun, beberapa bukti publikasi yang ada telah memperluas ruang lingkup pandangan berbasis sumber daya untuk fokus pada sumber daya yang menjangkau batas-batas organisasi -kadang-kadang disebut sebagai "extended resourcebased view" (Helfat et al, 2023;Maijanen, 2020). Pendukung literatur ini mengusulkannya sebagai sarana untuk memahami bagaimana perusahaan dapat memperoleh dan mempertahankan keunggulan kompetitif.…”

Section: Teori Resource-based Viewunclassified

Determinasi Adopsi Ekonomi Sirkular, Model Bisnis Inovatif Dan Dukungan Anggaran Negara: Investigasi Umkm Indonesia Berbasis PLS-Sem

Alfarizi

2023

JBPPK

View full text Add to dashboard Cite

Sektor bisnis global didorong untuk mendukung pencapaian SDGs melalui gerakan bisnis berkelanjutan. UMKM salah satu upaya sektor bisnis paling dekat dengan masyarakat dan memiliki dampak lingkungan yang berpotensi mengalahkan industri besar. Solusi model bisnis inovatif dengan mengadopsi ekonomi sirkular menjadi salah satu upaya meningkatkan kontribusi bisnis UMKM dalam kinerja SDGs. Namun terdapat kenyataan sumber daya UMKM terbatas dan kehadiran pemerintah dalam mendukung UMKM termasuk politik anggaran menjadi sangat penting untuk dianalisis lebih lanjut. Sehingga studi ini bertujuan untuk menganalisis pengaruh adopsi ekonomi sirkular dan model bisnis inovatif terhadap kinerja ekonomi, lingkungan, dan sosial UMKM Indonesia dengan peran mediasi dukungan anggaran pemerintah. Data dikumpulkan melalui kuesioner terstruktur dalam survei online dari pemilik, CEO, dan manajer senior UMKM di Indonesia, serta dianalisis menggunakan PLS-SEM. Hasilnya mengungkapkan bahwa adopsi ekonomi sirkular hanya mempengaruhi kinerja SDGs UMKM dalam ekonomi dan tidak mempengaruhi lingkungan-sosial. Berikutnya Model Bisnis Inovatif mempengaruhi kinerja SDGs UMKM dalam ekonomi-lingkungan, namun tidak mempengaruhi sosial. Sedangkan dalam sisi dukungan anggaran negara mempengaruhi kinerja SDGs UMKM seluruh dimensi. Keunikan hasil riset ditunjukkan pada output mediasi yang menunjukkan justru dukungan anggaran negara Indonesia yang mendorong hubungan adopsi ekonomi sirkular-model bisnis inovatif terhadap peningkatan kinerja SDGs UMKM dalam dimensi ekonomi, lingkungan dan sosial. Sehingga titik fokus rekomendasi menunjuk penguatan realisasi alokasi anggaran bagi UMKM melalui program implikasi cepat dalam pertumbuhan bisnis berkelanjutan dan kesadaran pemilik UMKM dalam perputaran pajak nasional dalam mendukung pertumbuhan bisnis ramah lingkungan berkelanjutan UMKM dengan berbagai skema serta pencapaian SDGs Nasional.

show abstract

The long-term effects of transformation and upgrading policies on the market performance of China's coal-fire power generation industry

Li,

Zhang,

et al. 2024

Mitig Adapt Strateg Glob Change

View full text Add to dashboard Cite

3 Approaches from strategic management: Resource-based view, knowledge-based view, and dynamic capability view

Cited by 5 publications

References 74 publications

Financial literacy and sustainability in SMEs: Do financial risk attitude, access to finance, and organizational risk-taking tolerance mediate?

Financial literacy and sustainability in SMEs: Do financial risk attitude, access to finance, and organizational risk-taking tolerance mediate?

Determinasi Adopsi Ekonomi Sirkular, Model Bisnis Inovatif Dan Dukungan Anggaran Negara: Investigasi Umkm Indonesia Berbasis PLS-Sem

The long-term effects of transformation and upgrading policies on the market performance of China's coal-fire power generation industry

Contact Info

Product

Resources

About