{"title":"SMEs’ Strategic Responses to a Multinational’s Entry Into a Cluster","authors":"V. Eiriz, Natália Barbosa","doi":"10.53703/001c.38513","DOIUrl":null,"url":null,"abstract":"Using novel and primary data on local SMEs belonging to the Portuguese furniture production cluster, this study examines local firms’ strategic responses to IKEA’s entry and its impact on their performance. Local firms seem to respond in diverse ways and implement different strategies to obtain performance gains, leading to an upgrade in size, resources and competences. A differentiation focus strategy is one of the most frequently adopted strategic responses, having a positive and significant effect on the evolution of the local firms’ performance after IKEA’s entry. By contributing towards the knowledge on the strategic responses of firms located in clusters, this study offers an original view on the impact of MNCs’ entry on the SMEs’ strategy of local firms, blending together contributions from different strands of the literature on MNCs, clusters and SMEs’ strategy.","PeriodicalId":52115,"journal":{"name":"Journal of Small Business Strategy","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2022-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Small Business Strategy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.53703/001c.38513","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Business, Management and Accounting","Score":null,"Total":0}
引用次数: 0
Abstract
Using novel and primary data on local SMEs belonging to the Portuguese furniture production cluster, this study examines local firms’ strategic responses to IKEA’s entry and its impact on their performance. Local firms seem to respond in diverse ways and implement different strategies to obtain performance gains, leading to an upgrade in size, resources and competences. A differentiation focus strategy is one of the most frequently adopted strategic responses, having a positive and significant effect on the evolution of the local firms’ performance after IKEA’s entry. By contributing towards the knowledge on the strategic responses of firms located in clusters, this study offers an original view on the impact of MNCs’ entry on the SMEs’ strategy of local firms, blending together contributions from different strands of the literature on MNCs, clusters and SMEs’ strategy.
期刊介绍:
The Journal of Small Business Strategy is an applied research journal. Manuscripts should be written with the small business/entrepreneurship educator, small business consultant in mind. Both conceptual and empirically-based papers are encouraged, but they must have an applied focus. All papers must have a significant literature review, be properly documented, with citations from research-based works rather than popular press or web sites. Since JSBS is an applied research journal, each article should include a substantial "Discussion and Implications" section that details how the research findings are relevant for the journal''s readers. Authors are discouraged from submitting manuscripts with extremely complex statistical analyses and/or a purely theoretical orientation. Case studies are acceptable if they contribute substantial to the understanding of small business strategy and include a significantly to the understanding of small business strategy and include a significant literature review that underscores the issues in the case. We do not accept teaching or pedagogical cases.