Qicheng Lu
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; Wu, Yongjie; Wang, Chengqi
Authors
Xiangju Meng
Jiaoyue Su
Alan Au Kai Ming
Yongjie Wu
CHENGQI WANG CHENGQI.WANG@NOTTINGHAM.AC.UK
Professor of Strategy & International Business
Abstract
Drawing on the insights from the upper echelons theory (UET), we advance the understanding of how top management team (TMT) functional background heterogeneity (TMTFBH) influences the performance of technology-based small- and medium-sized enterprises (SMEs). An analysis based on a sample of listed Chinese SMEs shows that TMTFBH has a positive effect on firm performance, and the two dimensions of dynamic capabilities—integrating and innovating capabilities—mediate this relationship. Furthermore, the business environment positively moderates the relationship between dynamic capabilities and firm performance. This 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 the business environment.
Citation
Lu, Q., Meng, X., Su, J., Au Kai Ming, A., Wu, Y., & Wang, C. (2023). TMT functional background heterogeneity and SMEs’ performance: The role of dynamic capabilities and business environment. Journal of Business Research, 160, Article 113807. https://doi.org/10.1016/j.jbusres.2023.113807
Journal Article Type | Article |
---|---|
Acceptance Date | Feb 12, 2023 |
Online Publication Date | Mar 7, 2023 |
Publication Date | 2023-05 |
Deposit Date | Feb 21, 2023 |
Publicly Available Date | Sep 8, 2024 |
Journal | Journal of Business Research |
Print ISSN | 0148-2963 |
Electronic ISSN | 1873-7978 |
Publisher | Elsevier |
Peer Reviewed | Peer Reviewed |
Volume | 160 |
Article Number | 113807 |
DOI | https://doi.org/10.1016/j.jbusres.2023.113807 |
Keywords | TMT functional background heterogeneity; Performance; Dynamic capabilities; Business environment; China |
Public URL | https://nottingham-repository.worktribe.com/output/17655644 |
Publisher URL | https://www.sciencedirect.com/science/article/abs/pii/S0148296323001650 |
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