Examining the causal relationships among factors influencing SMEs' competitive advantage: a TISM-neutrosophic MICMAC approach

IF 4.5 Q1 MANAGEMENT Benchmarking-An International Journal Pub Date : 2023-08-15 DOI:10.1108/bij-08-2022-0529
A. John William, M. Suresh, Nagamani Subramanian
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引用次数: 1

Abstract

PurposeSmall and medium-sized enterprises (SMEs) are a major source of employment and revenue growth in developing nations like India, but they also face challenges from resource shortages, shifting consumer demand and heightened competition. This research aims to discover the aspects that enhance SMEs' competitiveness and performance.Design/methodology/approachBy analyzing literature and consulting experts, 10 factors that boost a firm's competitiveness were identified. The total interpretive structural modeling (TISM) method was then used to determine their interaction and structural hierarchy. Neutrosophic-MICMAC analysis was employed to assess the driving-dependence power of each factor.FindingsThe study discovered that the factor, namely “entrepreneurial orientation,” was found to be a significant one. “Manufacturing strategy” was found to be extremely dependent on the remaining competitive advantage factors.Research limitations/implicationsThis SME-focused framework can be adopted by large businesses to enhance organizational performance by focusing on critical factors. The study depends on experts' judgment, which might be biased. Findings will assist SMEs in identifying significant factors influencing competitive advantage and relationships, increasing awareness of factors contributing to competitive edge.Practical implicationsThe results of the research may encourage SME sector managers and practitioners to prioritize the factors that contribute to a firm's competitive advantage.Originality/valueThe majority of research on SME competitive advantage focuses on individual aspects. To add to the body of knowledge on the subject, this study applies the TISM technique to Indian SMEs to identify the contextual interactions among factors that increase long-term competitiveness.
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中小企业竞争优势影响因素的因果关系研究:tism -中性MICMAC方法
在印度等发展中国家,中小企业是就业和收入增长的主要来源,但它们也面临着资源短缺、消费者需求变化和竞争加剧的挑战。本研究旨在发现提升中小企业竞争力和绩效的因素。设计/方法/途径通过分析文献和咨询专家,确定了提高公司竞争力的10个因素。然后采用总解释结构建模(total interpretive structural modeling, TISM)方法确定它们的相互作用和结构层次。采用中性粒细胞- micmac分析评估各因子的驱动依赖性。研究发现,“创业导向”是一个重要的因素。研究发现,“制造战略”极度依赖于剩余的竞争优势因素。研究局限/启示这个以中小企业为重点的框架可以被大型企业采用,通过关注关键因素来提高组织绩效。这项研究依赖于专家的判断,这可能是有偏见的。研究结果将有助于中小企业确定影响竞争优势和关系的重要因素,提高对有助于竞争优势的因素的认识。实践启示研究结果可能鼓励中小企业管理者和从业者优先考虑有助于企业竞争优势的因素。独创性/价值大多数关于中小企业竞争优势的研究都集中在个体方面。为了增加这一主题的知识体系,本研究将TISM技术应用于印度中小企业,以确定提高长期竞争力的因素之间的上下文相互作用。
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来源期刊
CiteScore
10.40
自引率
16.10%
发文量
154
期刊介绍: Benchmarking is big news for companies committed to total quality programmes. Its enthusiastic reception by many prominent business figures has created high levels of interest in a technique which promises big rewards for co-operating partners. Yet, like total quality itself, it must be understood in its proper context, and implemented single mindedly if it is to be effective - this journal helps companies to decide if benchmarking is right for them, and shows them how to go about it successfully.
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