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- W4385807306 abstract "Purpose Small and medium-sized enterprises (SMEs) are a major source of employment and revenue growth in developing nations like India, but they also face challenges from resource shortages, shifting consumer demand and heightened competition. This research aims to discover the aspects that enhance SMEs' competitiveness and performance. Design/methodology/approach By analyzing literature and consulting experts, 10 factors that boost a firm's competitiveness were identified. The total interpretive structural modeling (TISM) method was then used to determine their interaction and structural hierarchy. Neutrosophic-MICMAC analysis was employed to assess the driving-dependence power of each factor. Findings The study discovered that the factor, namely “entrepreneurial orientation,” was found to be a significant one. “Manufacturing strategy” was found to be extremely dependent on the remaining competitive advantage factors. Research limitations/implications This SME-focused framework can be adopted by large businesses to enhance organizational performance by focusing on critical factors. The study depends on experts' judgment, which might be biased. Findings will assist SMEs in identifying significant factors influencing competitive advantage and relationships, increasing awareness of factors contributing to competitive edge. Practical implications The results of the research may encourage SME sector managers and practitioners to prioritize the factors that contribute to a firm's competitive advantage. Originality/value The majority of research on SME competitive advantage focuses on individual aspects. To add to the body of knowledge on the subject, this study applies the TISM technique to Indian SMEs to identify the contextual interactions among factors that increase long-term competitiveness." @default.
- W4385807306 created "2023-08-15" @default.
- W4385807306 creator A5024834595 @default.
- W4385807306 creator A5069972080 @default.
- W4385807306 creator A5087924392 @default.
- W4385807306 date "2023-08-15" @default.
- W4385807306 modified "2023-10-02" @default.
- W4385807306 title "Examining the causal relationships among factors influencing SMEs' competitive advantage: a TISM-neutrosophic MICMAC approach" @default.
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