Success factors of SMEs: empirical study guided by dynamic capabilities and resources-based view
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/1822/76475 |
Resumo: | This study aims to identify and analyse the success factors of small and medium-sized enterprises (SMEs) following the lines of dynamic capabilities and resources-based views. To achieve this objective, the multiple case study method was followed, where 10 SMEs/cases in Portugal were selected. From a content analysis of the interviews conducted to the owner-managers of these SMEs, the most important success factors identified were: (1) strategic planning, (2) manager/management capacity, (3) entrepreneurship and innovation, (4) human resources, (5) networks/partnerships, and (6) financing. These factors are considered as drivers of sustained growth and creation of competitive advantage for SMEs in their regions. The results also show that SMEs are oriented towards success, although some evolution is still needed in the way they are managed, where the transition from a “domestic/entrepreneurial” management to a “professional” management and a greater focus on the rarity of their resources and on the dynamic capabilities of their human capital stand out. Conclusions, implications and a future research agenda are also outlined. |
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Success factors of SMEs: empirical study guided by dynamic capabilities and resources-based viewSMEsSuccess factorsOwner-managersDynamic capabilitiesResource-based viewScience & TechnologyThis study aims to identify and analyse the success factors of small and medium-sized enterprises (SMEs) following the lines of dynamic capabilities and resources-based views. To achieve this objective, the multiple case study method was followed, where 10 SMEs/cases in Portugal were selected. From a content analysis of the interviews conducted to the owner-managers of these SMEs, the most important success factors identified were: (1) strategic planning, (2) manager/management capacity, (3) entrepreneurship and innovation, (4) human resources, (5) networks/partnerships, and (6) financing. These factors are considered as drivers of sustained growth and creation of competitive advantage for SMEs in their regions. The results also show that SMEs are oriented towards success, although some evolution is still needed in the way they are managed, where the transition from a “domestic/entrepreneurial” management to a “professional” management and a greater focus on the rarity of their resources and on the dynamic capabilities of their human capital stand out. Conclusions, implications and a future research agenda are also outlined.The authors gratefully acknowledge financial support from National Funds of the FCT – Portuguese Foundation for Science and Technology within the project «UIDB/04007/2020» and the project «UIDB/04011/2020».Multidisciplinary Digital Publishing Institute (MDPI)Universidade do MinhoRodrigues, MargaridaFranco, MárioSilva, RuiOliveira, Cidália Pereira2021-11-082021-11-08T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/76475engRodrigues, M.; Franco, M.; Silva, R.; Oliveira, C. Success Factors of SMEs: Empirical Study Guided by Dynamic Capabilities and Resources-Based View. Sustainability 2021, 13, 12301. https://doi.org/10.3390/su1321123012071-105010.3390/su13211230112301https://www.mdpi.com/2071-1050/13/21/12301info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:34:29Zoai:repositorium.sdum.uminho.pt:1822/76475Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:30:10.580154Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Success factors of SMEs: empirical study guided by dynamic capabilities and resources-based view |
title |
Success factors of SMEs: empirical study guided by dynamic capabilities and resources-based view |
spellingShingle |
Success factors of SMEs: empirical study guided by dynamic capabilities and resources-based view Rodrigues, Margarida SMEs Success factors Owner-managers Dynamic capabilities Resource-based view Science & Technology |
title_short |
Success factors of SMEs: empirical study guided by dynamic capabilities and resources-based view |
title_full |
Success factors of SMEs: empirical study guided by dynamic capabilities and resources-based view |
title_fullStr |
Success factors of SMEs: empirical study guided by dynamic capabilities and resources-based view |
title_full_unstemmed |
Success factors of SMEs: empirical study guided by dynamic capabilities and resources-based view |
title_sort |
Success factors of SMEs: empirical study guided by dynamic capabilities and resources-based view |
author |
Rodrigues, Margarida |
author_facet |
Rodrigues, Margarida Franco, Mário Silva, Rui Oliveira, Cidália Pereira |
author_role |
author |
author2 |
Franco, Mário Silva, Rui Oliveira, Cidália Pereira |
author2_role |
author author author |
dc.contributor.none.fl_str_mv |
Universidade do Minho |
dc.contributor.author.fl_str_mv |
Rodrigues, Margarida Franco, Mário Silva, Rui Oliveira, Cidália Pereira |
dc.subject.por.fl_str_mv |
SMEs Success factors Owner-managers Dynamic capabilities Resource-based view Science & Technology |
topic |
SMEs Success factors Owner-managers Dynamic capabilities Resource-based view Science & Technology |
description |
This study aims to identify and analyse the success factors of small and medium-sized enterprises (SMEs) following the lines of dynamic capabilities and resources-based views. To achieve this objective, the multiple case study method was followed, where 10 SMEs/cases in Portugal were selected. From a content analysis of the interviews conducted to the owner-managers of these SMEs, the most important success factors identified were: (1) strategic planning, (2) manager/management capacity, (3) entrepreneurship and innovation, (4) human resources, (5) networks/partnerships, and (6) financing. These factors are considered as drivers of sustained growth and creation of competitive advantage for SMEs in their regions. The results also show that SMEs are oriented towards success, although some evolution is still needed in the way they are managed, where the transition from a “domestic/entrepreneurial” management to a “professional” management and a greater focus on the rarity of their resources and on the dynamic capabilities of their human capital stand out. Conclusions, implications and a future research agenda are also outlined. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-11-08 2021-11-08T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/1822/76475 |
url |
http://hdl.handle.net/1822/76475 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Rodrigues, M.; Franco, M.; Silva, R.; Oliveira, C. Success Factors of SMEs: Empirical Study Guided by Dynamic Capabilities and Resources-Based View. Sustainability 2021, 13, 12301. https://doi.org/10.3390/su132112301 2071-1050 10.3390/su132112301 12301 https://www.mdpi.com/2071-1050/13/21/12301 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Multidisciplinary Digital Publishing Institute (MDPI) |
publisher.none.fl_str_mv |
Multidisciplinary Digital Publishing Institute (MDPI) |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
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1799132804895735808 |