TMT functional background heterogeneity and SMEs' performance: The role of dynamic capabilities and business environment

Lu, Qicheng; Meng, Xiangju; Su, Jiaoyue; Au Kai Ming, Alan; Wang, Chengqi; Wu, Yongjie

Authors

Qicheng Lu

Xiangju Meng

Jiaoyue Su

Alan Au Kai Ming

CHENGQI WANG chengqi.wang@nottingham.ac.uk
Professor of Strategy & International Business

Yongjie Wu

Abstract

Drawing on the insights from upper echelons theory (UET), we advance understanding of how top management team (TMT) functional background heterogeneity (TMTFBH) influences the performance of technology-based small and medium sized enterprises (SMEs). Analysis based on a sample of listed Chinese SMEs shows that TMTFBH has a positive effect on firm performance. While the two dimensions of dynamic capabilities, namely, integrating capabilities and innovating capabilities, mediate this relationship, business environment positively moderates the relationship between dynamic capabilities and firm performance. The study provides a more nuanced understanding of the mechanisms and conditions underlying the effects of TMTFBH on the performance of technology-based SMEs, highlighting the role of dynamic capabilities and business environment. TMT functional background heterogeneity and SMEs' performance: The role of dynamic capabilities and business environment

Citation

Lu, Q., Meng, X., Su, J., Au Kai Ming, A., Wang, C., & Wu, Y. (in press). TMT functional background heterogeneity and SMEs' performance: The role of dynamic capabilities and business environment. Journal of Business Research,

Journal Article Type	Article
Acceptance Date	Feb 12, 2023
Deposit Date	Feb 21, 2023
Journal	Journal of Business Research
Print ISSN	0148-2963
Publisher	Elsevier
Peer Reviewed	Peer Reviewed
Keywords	TMT functional background heterogeneity; Performance; Dynamic capabilities; Business environment; China
Public URL	https://nottingham-repository.worktribe.com/output/17655644