6533b82dfe1ef96bd12907ee
RESEARCH PRODUCT
What explains the resilience of SMEs? Ambidexterity capability and strategic consistency
Consuelo DolzVicente SafónMaría Iborrasubject
Event (computing)Strategy and Management05 social sciencesGeography Planning and Development0211 other engineering and technologies02 engineering and technologyConsistency (negotiation)0502 economics and businessResearch studiesStrategic managementBusinessResilience (network)050203 business & managementFinanceReliability (statistics)Industrial organization021102 mining & metallurgyAmbidexteritydescription
Abstract The ability to be resilient, to recover and bounce back when confronted with a threatening and stressful external event, such as the most recent global economic crisis, is an important issue for strategic management research, particularly for small and medium-sized enterprises (SMEs). Research studies on firm level antecedents of resilience offer contradictory propositions, some of which stress the need for experimentation, while others suggest focusing on reliability. To disentangle this controversy and face this gap, our study proposes that for SMEs to achieve resilience, it is necessary that these companies are able to efficiently respond to the changing environments through ambidexterity and strategic consistency. We test our hypotheses on a dataset of 2765 manufacturing SMEs and provide strong evidence for our model of antecedents of SMEs’ resilience.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2020-12-01 | Long Range Planning |