Relationship between intangible resources, absorptive capacities and export performance
The new paradigm of today’s world economy is characterized by the mobility of production resources and the ability to combine them in an efficient way. The strategic management research has recognized the importance of studying the companies’ resources and capabilities and its usefulness to achi...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Algarve, ESGHT/CINTURS
2018-01-01
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| Series: | Tourism & Management Studies |
| Subjects: | |
| Online Access: | https://tmstudies.net/index.php/ectms/article/view/962/pdf_84 |
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| Summary: | The new paradigm of today’s world economy is characterized by the
mobility of production resources and the ability to combine them in an
efficient way. The strategic management research has recognized the
importance of studying the companies’ resources and capabilities and
its usefulness to achieve competitive advantage. This perspective is
consistent with the Resource-Based View (RBV) and with the Dynamic
Capabilities View (DCV). The source of competitive advantage is much
more correlated with intangible resources, since these are rarer and
socially complex, making their imitation difficult. Consequently,
intangible resources are considered strategic resources, since it allows
creating perceived value by the customer, outperforming the
competition, competing in new markets and being use in a wide range
of products and services. On the other hand, the processes for
absorbing external knowledge became an essential element for firms to
adapt to changes in the competitive environment. Thus knowledge
plays an important role in firms’ internationalization process.
Building on well-established theories, our research explores the
influence of intangible resources and absorptive capacities in export
performance of Portuguese small and medium enterprises (SMEs) of
footwear associated to the Portuguese Footwear, Components and
Leather Goods Association (APICCAPS). Based on survey data from 42
firms, our empirical results indicate that globally intangible resources
and absorptive capacity have a positive and significant influence on
export performance. On one hand, the intangible resources that most
contribute to this end are reputational resources, access to financial
resources and relational resources, and on the other hand the
absorptive capacities that most contribute to export performance are
exploitation of knowledge, transformation of knowledge and general
knowledge acquisition. |
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| ISSN: | 2182-8466 |