FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2587488102> ?p ?o ?g. }

• W2587488102 abstract "The risk of turbulent change and unanticipated jolts in the environment requires firms to be resilient. In this study, I propose a theoretical model to investigate the impact of resilience on strategic change and firm performance over a 3-year period following the global financial crisis. Resilience is a multi-dimensional construct. Drawing on previous work on organizational and entrepreneurial resilience, I operationalise the resilience construct using optimism, financial slack, and external network and then examine their relative effects on strategic change and firm performance. A mixed-methods sequential exploratory design approach, which comprises a first phase of qualitative research and a second phase of quantitative research, is used in this study. In the qualitative phase, a multiple case study method is adopted. I use six case studies to corroborate the hypothesised relationships among optimism, financial slack, external network, strategic change, and firm performance. In the quantitative phase, I test the hypothesised relationships using a sample of 207 manufacturing enterprises drawn from the consumer electronics and garment industries in Hong Kong. The test results show that (a) optimism, financial slack, external network and strategic change have positive and significant impacts on firm performance, (b) optimism, financial slack and external network significantly increase the variance explained in firm performance, (c) optimism and external network are facilitators of strategic change, and (d) financial slack does not play a significant role in facilitating strategic change, but it helps to absorb risk and uncertainty while adjusting to changes in the environment. The study confirms that resilience is an important and powerful concept for surviving unanticipated and disruptive environmental jolts. Specifically, resilience facilitates short-term and long-term adaptation through opportunistic and risk-taking behaviours and through access to the needed information and resources from supportive networks and relationships. The findings of this study have practical implications especially for SME owners/managers and policymakers. First, resilience can be created through (a) organizational practices that encourage opportunity seeking and risk taking, (b) active involvement in network participation, especially market networks and institutional networks, and (c) maintenance of adequate amount of financial slack against potential risk, uncertainty, and setbacks. Second, to survive and thrive in environmental jolts, firms can engage in positive, growth-oriented changes. Finally, for policymakers, they can improve the chances of survival and success of small manufacturing firms by developing policies and support programmes that facilitate new venture creation and help SMEs to broaden their market and institutional networks." @default.
• W2587488102 created "2017-02-17" @default.
• W2587488102 creator A5036991452 @default.
• W2587488102 date "2015-01-01" @default.
• W2587488102 modified "2023-09-23" @default.
• W2587488102 title "Firm survival and success in environmental jolts : a resilience perspective and evidence from Hong Kong manufacturing firms" @default.
• W2587488102 hasPublicationYear "2015" @default.
• W2587488102 type Work @default.
• W2587488102 sameAs 2587488102 @default.
• W2587488102 citedByCount "0" @default.
• W2587488102 crossrefType "journal-article" @default.
• W2587488102 hasAuthorship W2587488102A5036991452 @default.
• W2587488102 hasConcept C121332964 @default.
• W2587488102 hasConcept C137176749 @default.
• W2587488102 hasConcept C144024400 @default.
• W2587488102 hasConcept C144133560 @default.
• W2587488102 hasConcept C15744967 @default.
• W2587488102 hasConcept C162853370 @default.
• W2587488102 hasConcept C185592680 @default.
• W2587488102 hasConcept C19165224 @default.
• W2587488102 hasConcept C198531522 @default.
• W2587488102 hasConcept C199360897 @default.
• W2587488102 hasConcept C204017024 @default.
• W2587488102 hasConcept C2779585090 @default.
• W2587488102 hasConcept C2780801425 @default.
• W2587488102 hasConcept C41008148 @default.
• W2587488102 hasConcept C43617362 @default.
• W2587488102 hasConcept C77805123 @default.
• W2587488102 hasConcept C85973986 @default.
• W2587488102 hasConcept C97355855 @default.
• W2587488102 hasConceptScore W2587488102C121332964 @default.
• W2587488102 hasConceptScore W2587488102C137176749 @default.
• W2587488102 hasConceptScore W2587488102C144024400 @default.
• W2587488102 hasConceptScore W2587488102C144133560 @default.
• W2587488102 hasConceptScore W2587488102C15744967 @default.
• W2587488102 hasConceptScore W2587488102C162853370 @default.
• W2587488102 hasConceptScore W2587488102C185592680 @default.
• W2587488102 hasConceptScore W2587488102C19165224 @default.
• W2587488102 hasConceptScore W2587488102C198531522 @default.
• W2587488102 hasConceptScore W2587488102C199360897 @default.
• W2587488102 hasConceptScore W2587488102C204017024 @default.
• W2587488102 hasConceptScore W2587488102C2779585090 @default.
• W2587488102 hasConceptScore W2587488102C2780801425 @default.
• W2587488102 hasConceptScore W2587488102C41008148 @default.
• W2587488102 hasConceptScore W2587488102C43617362 @default.
• W2587488102 hasConceptScore W2587488102C77805123 @default.
• W2587488102 hasConceptScore W2587488102C85973986 @default.
• W2587488102 hasConceptScore W2587488102C97355855 @default.
• W2587488102 hasLocation W25874881021 @default.
• W2587488102 hasOpenAccess W2587488102 @default.
• W2587488102 hasPrimaryLocation W25874881021 @default.
• W2587488102 hasRelatedWork W126696671 @default.
• W2587488102 hasRelatedWork W1596664132 @default.
• W2587488102 hasRelatedWork W1989978617 @default.
• W2587488102 hasRelatedWork W2005970998 @default.
• W2587488102 hasRelatedWork W2117928489 @default.
• W2587488102 hasRelatedWork W2168481652 @default.
• W2587488102 hasRelatedWork W2250059680 @default.
• W2587488102 hasRelatedWork W2267784791 @default.
• W2587488102 hasRelatedWork W2297647922 @default.
• W2587488102 hasRelatedWork W2309470421 @default.
• W2587488102 hasRelatedWork W2343117133 @default.
• W2587488102 hasRelatedWork W2383016349 @default.
• W2587488102 hasRelatedWork W24019625 @default.
• W2587488102 hasRelatedWork W242144758 @default.
• W2587488102 hasRelatedWork W2622130224 @default.
• W2587488102 hasRelatedWork W2735086007 @default.
• W2587488102 hasRelatedWork W3121618476 @default.
• W2587488102 hasRelatedWork W3130358204 @default.
• W2587488102 hasRelatedWork W66901215 @default.
• W2587488102 hasRelatedWork W2184363437 @default.
• W2587488102 isParatext "false" @default.
• W2587488102 isRetracted "false" @default.
• W2587488102 magId "2587488102" @default.
• W2587488102 workType "article" @default.