Collaborative managers' networks and a multidimensional approach to SMEs' firm performance: a framework for measuring manager dynamics Online publication date: Thu, 23-May-2024
by Francisco Javier Álvarez-Torres; Giovanni Schiuma; Gabriela Citlalli López-Torres
International Journal of Electronic Trade (IJETRADE), Vol. 1, No. 2, 2024
Abstract: Firms must be strategically resilient amid technological changes and global crises. Managerial networks represent an opportunity to enhance firms' performance and are considered the future of the organisational paradigm. Measuring the impact of network variables on a firm's performance is complex, especially in the context of small and medium-sized enterprises (SMEs). There is little research in the literature on how to measure the variables related to a network and how they are linked to a company's performance. This study aims to determine how collaborative managers' networks (CMN) impact SME performance and is measured using a multi-level approach. The study proposes an empirical investigation using a system of partial least squares (PLS-SEM) of structural equations modelling, obtaining data from 170 SMEs. Based on the empirical results, the paper shows that CMN positively and significantly impacts firm performance. However, this relationship differs across the three dimensions of firm performance analysed.
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