Effect of opportunity seizing capability on new market development and small and medium-sized enterprise performance: Role of environmental uncertainty in the IT industry

IF 5.5 Q1 MANAGEMENT

Asia Pacific Management Review Pub Date : 2022-06-01 DOI:10.1016/j.apmrv.2021.05.004

Sujin Min , Juseong Kim

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引用次数: 18

Abstract

With the rapid evolution of technologies and markets in the IT industry, it is especially crucial for small and medium-sized enterprises (SMEs) in the IT sector to possess the dynamic capability of seizing opportunities. This paper adopts the concept of “opportunity–seizing capability (OSC)” from the perspective of dynamic capability, and investigates its impact on relative firm performance via new market development. Furthermore, we examine whether environmental uncertainty influences the effect of a firm's OSC. Our hierarchical ordinary least squares regression results obtained using the data of 215 IT SMEs indicate that new market development is an important link between a firm's OSC and relative performance. The positive effect of a firm's OSC on new market development is stronger under a highly uncertain business environment. The findings indicate that enhancing an IT SME's OSC is crucial for its survival, particularly under an uncertain business environment.

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机遇把握能力对新市场开发和中小企业绩效的影响:环境不确定性在IT行业中的作用

随着资讯科技业的技术和市场的迅速发展，中小型企业在资讯科技业中尤其需要具备把握机遇的动态能力。本文从动态能力的角度出发，采用“抓住机会能力”的概念，通过新市场开发考察其对相对企业绩效的影响。此外，我们考察了环境不确定性是否会影响企业OSC的效果。我们使用215家IT中小企业的数据得到的层次普通最小二乘回归结果表明，新市场开发是企业OSC与相对绩效之间的重要联系。在高度不确定的商业环境下，企业OSC对新市场开发的积极作用更强。研究结果表明，提高IT中小企业的OSC对其生存至关重要，特别是在不确定的商业环境下。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Asia Pacific Management Review MANAGEMENT-

CiteScore

8.00

自引率

4.50%

发文量

期刊介绍： Asia Pacific Management Review (APMR), peer-reviewed and published quarterly, pursues to publish original and high quality research articles and notes that contribute to build empirical and theoretical understanding for concerning strategy and management aspects in business and activities. Meanwhile, we also seek to publish short communications and opinions addressing issues of current concern to managers in regards to within and between the Asia-Pacific region. The covered domains but not limited to, such as accounting, finance, marketing, decision analysis and operation management, human resource management, information management, international business management, logistic and supply chain management, quantitative and research methods, strategic and business management, and tourism management, are suitable for publication in the APMR.