The Importance of Resource-based View Related Abilities and Financial Performance of SMEs for Their Sustainable Practices
Financial performance has always been a major concern of Small and Medium-sized Enterprises (SMEs) for their survival and sustainability practices. However, SMEs’ innovation and technological capabilities included in Resource-Based View (RBV), might stimulate their financial outcomes. Hence, this re...
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| Format: | Article |
| Language: | English |
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Mehmet Akif Ersoy University
2024-12-01
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| Series: | Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi |
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| Online Access: | https://dergipark.org.tr/en/download/article-file/4045695 |
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| _version_ | 1832584574313431040 |
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| author | Mehmet Civelek |
| author_facet | Mehmet Civelek |
| author_sort | Mehmet Civelek |
| collection | DOAJ |
| description | Financial performance has always been a major concern of Small and Medium-sized Enterprises (SMEs) for their survival and sustainability practices. However, SMEs’ innovation and technological capabilities included in Resource-Based View (RBV), might stimulate their financial outcomes. Hence, this research aims to investigate the effects of innovation and technological capabilities on the financial performance of SMEs. The researcher applies a stratified random sampling method to create the research sample. Then 479 firm executives have fulfilled this survey. Furthermore, the researcher has performed Ordinal Logistic Regression tests for analysis purposes. The results confirm the negative impact of technological (patent-trademark ownership) and innovation capabilities (R&D alliances, investments and subsidies) on financial performance. R&D financing options of policy-makers, innovation and technology-related educational, and training activities of governments, universities, and certification institutions, and firms’ selection of innovative partners can stimulate firms’ innovative, technological, and financial performance and make them become more sustainable. |
| format | Article |
| id | doaj-art-244313b4134c4048af0ad94db7ec932f |
| institution | Kabale University |
| issn | 2149-1658 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Mehmet Akif Ersoy University |
| record_format | Article |
| series | Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi |
| spelling | doaj-art-244313b4134c4048af0ad94db7ec932f2025-01-27T12:39:37ZengMehmet Akif Ersoy UniversityMehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi2149-16582024-12-011141542155810.30798/makuiibf.1510554273The Importance of Resource-based View Related Abilities and Financial Performance of SMEs for Their Sustainable PracticesMehmet Civelek0https://orcid.org/0000-0002-1247-5308DOGUS UNIVERSITYFinancial performance has always been a major concern of Small and Medium-sized Enterprises (SMEs) for their survival and sustainability practices. However, SMEs’ innovation and technological capabilities included in Resource-Based View (RBV), might stimulate their financial outcomes. Hence, this research aims to investigate the effects of innovation and technological capabilities on the financial performance of SMEs. The researcher applies a stratified random sampling method to create the research sample. Then 479 firm executives have fulfilled this survey. Furthermore, the researcher has performed Ordinal Logistic Regression tests for analysis purposes. The results confirm the negative impact of technological (patent-trademark ownership) and innovation capabilities (R&D alliances, investments and subsidies) on financial performance. R&D financing options of policy-makers, innovation and technology-related educational, and training activities of governments, universities, and certification institutions, and firms’ selection of innovative partners can stimulate firms’ innovative, technological, and financial performance and make them become more sustainable.https://dergipark.org.tr/en/download/article-file/4045695small and medium-sized enterprisesfinancial performancesustainabilityr&d investmentspatent ownershipinnovationtechnologyresource-based viewsmall and medium-sized enterprisesfinancial performancesustainabilityr&d investmentspatent ownershipinnovationtechnologyresource-based view |
| spellingShingle | Mehmet Civelek The Importance of Resource-based View Related Abilities and Financial Performance of SMEs for Their Sustainable Practices Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi small and medium-sized enterprises financial performance sustainability r&d investments patent ownership innovation technology resource-based view small and medium-sized enterprises financial performance sustainability r&d investments patent ownership innovation technology resource-based view |
| title | The Importance of Resource-based View Related Abilities and Financial Performance of SMEs for Their Sustainable Practices |
| title_full | The Importance of Resource-based View Related Abilities and Financial Performance of SMEs for Their Sustainable Practices |
| title_fullStr | The Importance of Resource-based View Related Abilities and Financial Performance of SMEs for Their Sustainable Practices |
| title_full_unstemmed | The Importance of Resource-based View Related Abilities and Financial Performance of SMEs for Their Sustainable Practices |
| title_short | The Importance of Resource-based View Related Abilities and Financial Performance of SMEs for Their Sustainable Practices |
| title_sort | importance of resource based view related abilities and financial performance of smes for their sustainable practices |
| topic | small and medium-sized enterprises financial performance sustainability r&d investments patent ownership innovation technology resource-based view small and medium-sized enterprises financial performance sustainability r&d investments patent ownership innovation technology resource-based view |
| url | https://dergipark.org.tr/en/download/article-file/4045695 |
| work_keys_str_mv | AT mehmetcivelek theimportanceofresourcebasedviewrelatedabilitiesandfinancialperformanceofsmesfortheirsustainablepractices AT mehmetcivelek importanceofresourcebasedviewrelatedabilitiesandfinancialperformanceofsmesfortheirsustainablepractices |