Production frontier methodologies and efficiency as a performance measure in strategic management research

Chen, Chien‐Ming; Delmas, Magali A.; Lieberman, Marvin B.

doi:10.1002/smj.2199

Cited by 162 publications

(142 citation statements)

References 65 publications

Supporting

Mentioning

137

Contrasting

Unclassified

Order By: Relevance

“…This is because in the former case the whole distribution is considered instead of only the central tendency. This distinction between "average" vs "frontier" is considered in recent theory of growth (Acemoglu, Aghion, & Zilibotti, 2003;Vandenbussche, Aghion, & Meghir, 2006) and in the managerial literature (Chen, Delmas, & Lieberman, 2015) as well.…”

Section: Methodsmentioning

confidence: 99%

A Framework for the Assessment of Research and Its Impacts

Daraio

2017

Journal of Data and Information Science

View full text Add to dashboard Cite

This paper proposes a holistic framework for the development of models for the assessment of research activities and their impacts. It distinguishes three dimensions, including in an original way, data as a main dimension, together with theory and methodology. Each dimension of the framework is further characterized by three main building blocks: education, research, and innovation (theory); efficiency, effectiveness, and impact (methodology); and availability, interoperability, and “unit-free” property (data). The different dimensions and their nine constituent building blocks are attributes of an overarching concept, denoted as “quality.” Three additional quality attributes are identified as implementation factors (tailorability, transparency, and openness) and three “enabling” conditions (convergence, mixed methods, and knowledge infrastructures) complete the framework. A framework is required to develop models of metrics. Models of metrics are necessary to assess the meaning, validity, and robustness of metrics. The proposed framework can be a useful reference for the development of the ethics of research evaluation. It can act as a common denominator for different analytical levels and relevant aspects and is able to embrace many different and heterogeneous streams of literature. Directions for future research are provided.

show abstract

Section: Methodsmentioning

confidence: 99%

A Framework for the Assessment of Research and Its Impacts

Daraio

2017

Journal of Data and Information Science

View full text Add to dashboard Cite

show abstract

“…Consequently, to really capture the transformation of resources into competitive advantages over time, and to understand how the capability development and deployment affect firms' performance under changing market conditions, it seems necessary to study both market conditions and firms' resources and processes. Furthermore, the study of firms' heterogeneity with respect to their adaptation to market conditions must include key aspects, such as the organisational capacity [15], the environmental and market complexity [30], and the competitive advantage developed for transforming firms' resources into results [16].…”

Section: Literature Reviewmentioning

confidence: 99%

“…Other studies enfold the resource-based view theory by studying the capabilities that drive firms to adopt outsourcing in order to achieve strategic goals [38]. Finally, there are other studies that measure a firm's efficiency in transforming resources [16], but the results of these studies fail to explain how market conditions and strategic decisions affect a firm's efficiency.…”

Section: Literature Reviewmentioning

confidence: 99%

“…The present work specifically focuses on the study of marketing capabilities in explaining firms' efficiency under different market conditions rather than marketing expenditures as an input and sales as an output to measure efficiency in marketing [43]. Efficiency refers to the outcomes a firm achieves relative to the resources it uses due to the implementation and adjustment of these business processes in response to market changes that allow firms to outperform their competitors [16]. On assuming that marketing capabilities should include the capacity to adapt to market and environment changes, the gap should be filled between environmental needs and organisational capacity as a source to explain a firm's heterogeneity within the industry [30].…”

Section: Hypotheses-marketing and It Capabilitiesmentioning

confidence: 99%

See 1 more Smart Citation

Capturing Firms’ Heterogeneity through Marketing and IT Capabilities in SMEs

Ramón-Jerónimo

Herrero

2017

Sustainability

View full text Add to dashboard Cite

To achieve sustainability, firms capable of surviving economic recessions is of key relevance; the capabilities that firms need to face dynamic environments remain an open question. In this work, a new procedure is proposed to capture firms' heterogeneity with regard to the capabilities they possess in operating efficiently in dynamic environments. This approach enables the identification of the classes of firms that develop efficiency with a specific integration of resources. While the literature has most often measured firm capabilities using subjective measures, this study suggests the use of Data Envelopment Analysis to capture the ability to transform resources into outcomes and of Latent Class Regression to capture differences across firms that explain firms' heterogeneity in the way they perform. By combining these two techniques, this work presents a way to identify those firms that need to invest in and develop certain capabilities. This work analyses a large dataset of manufacturing Small Medium Enterprises (SMEs) extracted from the Business and Strategy survey provided by Fundación de la Sociedad Estatal de Participaciones Industriales( SEPI) in Spain. The dataset used enfolds 10,960 observations from 2048 firms during the period 1994-2011. The complete dataset has been employed to calculate manufacturing firms' efficiency. In a second step, data were cleaned to eliminate outliers, and to identify SMEs and observations with records of IT capabilities. As a result, 329 manufacturing SMEs were analysed to capture their heterogeneity. The results contribute to the current literature by explaining how manufacturing SMEs show a different need in their development of capabilities to be efficient and adapt to environmental changes. While approximately 20% of firms analysed really take advantage of recessions through their investment in R&D, the remaining 80% need to adjust their size or invest in IT capabilities to become competitive. The assumption shown in previous studies regarding the performance of SMEs to better confront recessions is discussed in this paper.

show abstract

“…Para que as IES possam conduzir suas ações de forma competitiva, é necessário o uso da gestão estratégica. A gestão estratégica é uma vantagem competitiva que busca identificar as melhores práticas e estratégias para orientação dos negócios e avaliar constantemente a consistência de suas ações (Chen, Delmas & Lieberman, 2015).…”

Section: Introductionunclassified

Consistência das Estratégias de Instituições de Ensino Superior: Um Estudo baseado na Percepção dos Stakeholders utilizando-se do Balanced Scorecard

Dias

Santos

Beiruth

2016

REPEC

View full text Add to dashboard Cite

ResumoA orientação estratégica da empresa foi concebida como uma ferramenta de gestão conhecida como o Balanced Scorecard (BSC), que objetiva medir e monitorar a estratégia em ação. Este trabalho teve como objetivo verificar a consistência estratégica na percepção dos stakeholders nas Instituições de Ensino Superior (IES) privadas, por meio das perspectivas do Balanced Scorecard. A metodologia utilizada foi uma pesquisa descritiva, por meio de uma abordagem quantitativa e com coleta de dados por meio de questionário aplicado em quatro IES no Estado de Minas Gerais, com diretores/coordenadores, professores e alunos denominados de stakeholders, para identificar, a partir de um modelo de Balanced Scorecard com quatro indicadores em cada perspectiva (financeira, clientes, aprendizagem e crescimento e processos internos), a consistência das estratégias percebida por esses grupos. Os principais resultados apontaram para uma diferença de percepção dos gestores quanto às perspectivas, com um grau de importância maior dado à perspectiva "Aprendizagem e Crescimento" e "Processos Internos". O grupo de professores foi o que atribuiu menos importância para a perspectiva "Clientes". As principais inconsistências encontradas foram na perspectiva "Processos Internos". A perspectiva "Financeira" foi a que apresentou menos gaps, quando comparada entre os grupos, o que revela uma inconsistência estratégica nas IES por meio da percepção dos stakeholders. Conclui-se que a consistência estratégica pode contribuir com a competitividade organizacional, identificando a existência de alinhamento nas ações desenvolvidas que resultam em maior eficiência para um cenário competitivo de acordo com seus interessados.

show abstract

Production frontier methodologies and efficiency as a performance measure in strategic management research

Cited by 162 publications

References 65 publications

A Framework for the Assessment of Research and Its Impacts

A Framework for the Assessment of Research and Its Impacts

Capturing Firms’ Heterogeneity through Marketing and IT Capabilities in SMEs

Consistência das Estratégias de Instituições de Ensino Superior: Um Estudo baseado na Percepção dos Stakeholders utilizando-se do Balanced Scorecard

Contact Info

Product

Resources

About