Internal Resources, External Resources and Environment, and Firm Performance: A Study on Taiwanese Small and Medium Sized Firms
Journal
交大管理學報
Journal Volume
32
Journal Issue
2
Pages
135-169
Date Issued
2012
Author(s)
Abstract
This paper explains how a firm's intern al resources, external resources, and external environment affect firm performance. Our research model examines how a firm's internal strategic resources are moderated by social capital and environmental turbulence to affect performance. Findings of an empirical survey of 140 Taiwanese small and medium sized enterprises (SMEs) specifically in the textile and giftware industries significantly support predictions of the positive effects of internal strategic resources on firm performance, Meanwhile, mixed results exist for the moderating effects of social capital and environmental turbulence. Our study makes contributions to both academia and industry by advancing knowledge of the determinants and implications of firm success in the context of Taiwanese SMEs operating in mature industries.
Type
journal article