Impact of dynamic capabilities and firm characteristics on the firm performance of Vietnamese small and medium-sized retail enterprises
by Tommi Tapanainen; Kien Trung Dao; Hai Nguyen Thi Thanh; Hue The Nguyen; Ngoc Bich Dang; Nguyen Danh Nguyen
International Journal of Management and Enterprise Development (IJMED), Vol. 21, No. 1, 2022

Abstract: Within the research area of dynamic capabilities, one important context is SMEs, which are thought to be resource-poor and hence disadvantaged in the creation of such capabilities. We develop a model comprising of adaptive capability, entrepreneurial orientation, marketing capability and innovativeness, and investigate their link to firm performance using a sample of 243 Vietnamese retail-sector companies. We also include firm age and type (registered or traditional) in the hypotheses. The result of structural equation modelling indicates that entrepreneurial orientation and innovativeness are directly linked to firm performance in this context, whereas adaptive capability and marketing capability are indirectly linked. Additionally, firm age was found to link to performance. Our findings have implications to context-based research in dynamic capabilities for SMEs. They also suggest, particularly, that Vietnamese SMEs should strengthen their entrepreneurial orientations and innovativeness further to improve their performance.

Online publication date: Tue, 25-Jan-2022

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Management and Enterprise Development (IJMED):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com