The influence of strategic flexibility on SME performance: is business model innovation the missing link?

IF 3 Q2 BUSINESS

International Journal of Innovation Science Pub Date : 2023-02-02 DOI:10.1108/ijis-06-2021-0110

M. Bashir

{"title":"The influence of strategic flexibility on SME performance: is business model innovation the missing link?","authors":"M. Bashir","doi":"10.1108/ijis-06-2021-0110","DOIUrl":null,"url":null,"abstract":"\nPurpose\nThe purpose of this paper is to investigate the influence of strategic flexibility on small and medium enterprises (SMEs) performance, and how such effects are mediated by business model innovation (BMI).\n\n\nDesign/methodology/approach\nData was collected in the form of surveys from 200 SMEs located in Saudi Arabia. The collected data were analyzed with structural equation modeling using Amos 23.\n\n\nFindings\nThe results highlighted that strategic flexibility has a direct and significant influence on SME performance. Moreover, BMI partially mediates the relationship between strategic flexibility and SME performance.\n\n\nResearch limitations/implications\nThe findings of this study suggest that managers should be made aware that strategic flexibility can be an important driver for BMI which in turn would enhance SME performance. This study argues that the perks of strategic flexibility are irrespective of firm size. Furthermore, BMI can help improve the performance of SMEs by unlocking new opportunities for value creation and value capture\n\n\nOriginality/value\nTo the best of the author’s knowledge, this study is one of the first to test the relationship between strategic flexibility and SME performance through BMI.\n","PeriodicalId":44643,"journal":{"name":"International Journal of Innovation Science","volume":" ","pages":""},"PeriodicalIF":3.0000,"publicationDate":"2023-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Innovation Science","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/ijis-06-2021-0110","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}

引用次数: 3

Abstract

Purpose The purpose of this paper is to investigate the influence of strategic flexibility on small and medium enterprises (SMEs) performance, and how such effects are mediated by business model innovation (BMI). Design/methodology/approach Data was collected in the form of surveys from 200 SMEs located in Saudi Arabia. The collected data were analyzed with structural equation modeling using Amos 23. Findings The results highlighted that strategic flexibility has a direct and significant influence on SME performance. Moreover, BMI partially mediates the relationship between strategic flexibility and SME performance. Research limitations/implications The findings of this study suggest that managers should be made aware that strategic flexibility can be an important driver for BMI which in turn would enhance SME performance. This study argues that the perks of strategic flexibility are irrespective of firm size. Furthermore, BMI can help improve the performance of SMEs by unlocking new opportunities for value creation and value capture Originality/value To the best of the author’s knowledge, this study is one of the first to test the relationship between strategic flexibility and SME performance through BMI.

查看原文本刊更多论文

战略灵活性对中小企业绩效的影响：商业模式创新是缺失的环节吗？

目的本文旨在研究战略灵活性对中小企业绩效的影响，以及商业模式创新（BMI）是如何调节这种影响的。设计/方法/方法数据以调查的形式从沙特阿拉伯的200家中小企业中收集。使用Amos 23.Findings对收集的数据进行结构方程建模分析。结果表明，战略灵活性对中小企业绩效有直接而显著的影响。此外，BMI在一定程度上调节了战略灵活性与中小企业绩效之间的关系。研究局限性/含义这项研究的结果表明，管理者应该意识到，战略灵活性可能是BMI的重要驱动因素，而BMI反过来又会提高中小企业的绩效。这项研究认为，战略灵活性的好处与公司规模无关。此外，BMI可以通过释放价值创造和价值获取的新机会来帮助提高中小企业的绩效。据作者所知，本研究是首次通过BMI测试战略灵活性与中小企业绩效之间关系的研究之一。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

International Journal of Innovation Science BUSINESS-

CiteScore

6.30

自引率

10.30%

发文量

期刊介绍： The International Journal of Innovation Science publishes fundamental and applied research in innovation practices. As the official journal of the International Association of Innovation Professionals (IAOIP), the journal is a forum for the exchange of advanced knowledge in innovation, including emerging technologies and best practices, tools and techniques, metrics, and organization design and culture; as well as the stakeholder engagement, change management, and leadership skills required to ensure innovation succeeds. Areas of Coverage: -Innovation processes, methods, techniques- Individual''s role in Innovation- Improvements in HR, marketing, finance, or other disciplines that enable innovation- Innovation practices in specific industries or countries- Innovation centers, incubators, labs...- Regional or national economic development/policies related to innovation- Innovation competency, skills- Innovation conventions, competitions, or training- Innovation for entrepreneurs-Regional impacts on innovation- Growing innovationthrough university programs- Attracting innovative companies and entrepreneurs