Resource Configuration, Competitive Strategies, and Corporate Entrepreneurship: An Empirical Examination of Small Firms

1999 ◽  
Vol 24 (1) ◽  
pp. 49-70 ◽  
Author(s):  
Odd Jarl Borch ◽  
Morten Huse ◽  
Knut Senneseth
Keyword(s):  
Small Firms ◽  
Corporate Entrepreneurship ◽  
Competitive Strategies ◽  
Empirical Examination ◽  
Resource Configuration

scholarly journals Corporate parents, initial legitimacy, and resource acquisition in small and medium firms: An empirical examination

2011 ◽  
Vol 14 (1) ◽  
pp. 23-34 ◽  
Author(s):  
Gregory Murphy ◽  
Neil Tocher
Keyword(s):  
Firm Size ◽  
Small Firms ◽  
Small And Medium Enterprises ◽  
Empirical Test ◽  
Resource Acquisition ◽  
The Internet ◽  
Empirical Examination ◽  
Credit Scores ◽  
Medium Enterprises ◽  
Medium Firms

Small and medium enterprises (SMEs) commonly struggle to acquire needed financial, human, and technological resources. The above being stated, recent scholarly research argues that SMEs that are able to successfully navigate the legitimacy threshold are better able to gather the resources they need to survive and grow. This article provides an empirical test of that claim by examining whether the presence of a corporate parent positively influences SME resource acquisition. Results of the study show that SMEs with corporate parents, when compared to like-sized independent SMEs, have higher credit scores, have more complete management teams, use more computers, and are more likely to be on the Internet. These differences are most pronounced for very small firms and diminish in significance as firm size increases. Study implications include the notion that presence of a corporate parent likely represents a successful navigation of the legitimacy threshold, positively increasing SME resource acquisition.

Survival Under Aggressive Competition

2019 ◽  
pp. 131-143
Author(s):  
Aytug Sozuer
Keyword(s):  
Economic Activity ◽  
Business Strategy ◽  
Small Firms ◽  
Critical Incidents ◽  
Competitive Environment ◽  
Competitive Strategies ◽  
Managerial Skills

The purpose of this chapter is to examine whether competitive strategies are helpful for small firms to survive when the intensity of rivalry is high. The research scope is a case of microenterprise that operates in industrial machinery and components sector in Istanbul, Turkey. Throughout a 12-year period, the critical incidents that the firm confronted in the competitive environment, its reactions to those challenges, and the consequences are evaluated under the framework of business strategy. Consequently, it is observed that differentiation strategies served the microenterprise to grow even under aggressive competition. The analysis is expected to contribute to the development of managerial skills in small firms, which constitute a large portion in economic activity.

scholarly journals The effect of small firms' competitive strategies on their community and environmental engagement

2016 ◽  
Vol 129 ◽  
pp. 578-585 ◽  
Author(s):  
Rajat Panwar ◽  
Erlend Nybakk ◽  
Eric Hansen ◽  
Jonatan Pinkse
Keyword(s):  
Small Firms ◽  
Competitive Strategies ◽  
Environmental Engagement

scholarly journals Copyright's Topography: An Empirical Study of Copyright Litigation

2017 ◽  
Author(s):  
Christopher A Cotropia ◽  
James Gibson
Keyword(s):  
Empirical Study ◽  
Empirical Analysis ◽  
Small Firms ◽  
Copyright Infringement ◽  
Copyright Law ◽  
Rich Source ◽  
Success Rates ◽  
Empirical Examination ◽  
Media Companies ◽  
The Impact

One of the most important ways to measure the impact of copyright law is through empirical examination of actual copyright infringement cases. Yet scholars have universally overlooked this rich source of data. This study fills that gap through a comprehensive empirical analysis of copyright infringement litigation, examining the pleadings, motions, and dockets from more than nine hundred copyright lawsuits filed from 2005 through 2008. The data we collect allow us to examine a wide variety of copyright issues, such as the rate of settlements versus judgments; the incidence of litigation between major media companies, small firms, and individuals; the kinds of industries and works involved in litigation; the nature of the alleged infringement; the success rates of particular parties and claims; and the nature of remedies sought and awarded. We also analyze the data to identify ways in which copyright litigation differs from other civil suits and to show that certain plaintiff characteristics are more predictive of success.

Competitive Strategies and Small Firms’ Social Responsibilities

2015 ◽  
Vol 26 ◽  
pp. 99-111
Author(s):  
Rajat Panwar ◽  
Erlend Nybakk ◽  
Jonatan Pinkse ◽  
Eric Hansen ◽  
Keyword(s):  
Small Firms ◽  
Competitive Strategies ◽  
Social Responsibilities

scholarly journals Intensity of rivalry in Czech furniture production industry

2012 ◽  
Vol 60 (2) ◽  
pp. 421-428 ◽  
Author(s):  
Lucie Špačková ◽  
Pavel Žufan
Keyword(s):  
Czech Republic ◽  
Small Firms ◽  
Direct Impact ◽  
Competitive Strategies ◽  
The Czech Republic ◽  
Low Diversity ◽  
Competitive Forces ◽  
Further Development ◽  
Intensity Of Competition ◽  
Production Industry

The paper focuses on furniture production industry in the Czech Republic and evaluates the influence of competition forces within this industry. These forces have a direct impact on success of competitive strategies of the firms. Furniture production industry is a typical branch occupied by numerous small and medium-sized firms. Small firms aim on satisfying domestic (or rather local) demand, medium-sized and big firms are much more aiming on exports. The methodical sources for evaluation of rivalry represent particular influences defined by Porter in his model of five competitive forces. Main influences identified by Porter, which are increasing the intensity of competition in the furniture production industry in the Czech Republic include low industry concentration, relatively low diversity of competitors, decline in sales, low (or none) switching costs, and existing excessive capacity within the industry. Further development will be most significantly influenced by a growing concentration of the bigger Czech producers on domestic market and overall economic development.

scholarly journals How do small rural food-processing firms compete?A resource-based approach to competitive strategies

2004 ◽  
Vol 13 (Supplement) ◽  
Author(s):  
S. FORSMAN
Keyword(s):  
Competitive Advantage ◽  
Food Processing ◽  
Food Production ◽  
Small Firms ◽  
Small Scale ◽  
Strategic Choices ◽  
Competitive Strategies ◽  
Strategic Resources ◽  
Firm Success ◽  
Managerial Implications

The study was concerned with the competitive strategies of small food-processing firms in rural Finland and their ability to achieve and maintain a competitively advantaged position in relation to larger food companies in the dynamic and mature food market. Competitive strategies were approached from the resource-based view (RBV) that emphasises internal firm factors as sources of competitive advantage and long-term success. As strategic choices, differentiation was specifically considered. The main objective was to explain the relationships between resources, competitive advantage and firm success. To understand the ambiguous nature of the resources in the small-scale food production context, the study introduced a distinction between strategic resources and basic resources and the strategic relationship between them. The empirical part of the study was based on quantitative analyses of the survey data collected from 238 small (less than 20 persons), food-processing firms in rural Finland. The sample firms represented different branches of the food industry and 39% of them operated in connection with a farm. The linkage between resources, competitive advantage and firm success was investigated by means of cluster analysis, mean comparisons and LISREL modelling. The results demonstrated that there are some typical features relating to small-scale food production in Finland. The results also revealed that small-scale, rural food processing firms do not constitute a homogenous group of their own, but that different strategies among small firms can be identified as well. The analyses proved that a linkage between resources, competitive advantage and firm success can be identified, which is consistent with resource-based logic. However, according to the findings, following a particular strategy does not automatically ensure that a firm will achieve success. The analysis also showed that strategic resources and basic resources are strongly interlinked and that the relationship between basic resources and success was, however, considerably stronger than the link between strategic resources and success. The study concludes that resource deployment – in terms of both strategic resources and basic resources – should be balanced in order for a small food-processing firm to have the opportunity to establish a relatively favourable position in the market. Based on the results, theoretical, methodological and managerial implications are suggested and ideas for the further research are provided.;

scholarly journals Redirecting International Trade: Contracts, Conflicts, and Institutions

2014 ◽  
Vol 234 (6) ◽  
Author(s):  
Ari Kokko ◽  
Bengt Söderlund ◽  
Patrik Gustavsson Tingvall
Keyword(s):  
Small Firms ◽  
Global Financial Crisis ◽  
Institutional Environment ◽  
Firm Level ◽  
Empirical Examination ◽  
Trade Relations ◽  
Weak Institutions ◽  
Specific Investments ◽  
The Global Financial Crisis ◽  
Demand Patterns

SummaryThe global financial crisis has contributed to the redirection of trade towards new markets outside the OECD area, where both demand patterns and the institutional environment differ from those in the OECD. This study provides an empirical examination of the consequences of this shift, based on Swedish firm-level trade data. Results suggest that weak institutions hamper trade and reduce the length of trade relations, especially for small firms. Trade in industries that are characterized by a high frequency of trade conflicts and where transactions require extensive relationship-specific investments are particularly difficult to redirect towards markets with weak institutions.

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