Increasing Furniture Manufacturing SMEs’ Business Performance Through Absorptive Capacity and Product Quality

• 영문명: Increasing Furniture Manufacturing SMEs’ Business Performance Through Absorptive Capacity and Product Quality
• 발행기관: 한국유통과학회
• 저자명: Gracia ONGKOWIJOYO Teman KOESMONO Fenika WULANI
• 간행물 정보: 『유통과학연구(JDS)』제20권 제12호, 43~57쪽, 전체 15쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2022.12.31

영문 초록

Purpose: This study discusses the phenomenon of the uncertain sustainability of SMEs in developing countries. SMEs face various challenges in the dynamics of a competitive environment, which threaten their growth and sustainability. This study aims to address a research gap between company's internal resources, in the form of absorptive capacity, and its business performance. By using product quality as a mediator, which has never been studied before, this research presents a novelty to answer the existing research gap using the Resource Based Theory (RBT) perspective. Research design, data and methodology: Using quantitative method, data are collected from 164 respondents, who are owners or managers of furniture manufacturing SMEs in Gerbangkertosusila Area, East Java, Indonesia. The data are analyzed using Partial Least Square (PLS) – Structural Equation Modeling (SEM). Results: The findings show that absorptive capacity has a direct and significant effect on business performance and indirectly through product quality. Conclusion: Furniture manufacturing SMEs are advised to focus on developing absorptive capacity reflected in good product quality, in order to improve their business performance. This is especially important to survive the crisis caused by the Covid-19 pandemic. Thus, the results of this study contribute to the development of RBT, and there are several suggestions for further research.

목차

1. Introduction

2. Literature Review

3. Method

4. Results and Discussion

5. Conclusions

6. Research Implications

References

키워드

Absorptive Capacity Product Quality Business Performance Resource-Based Theory SME Covid-19 Furniture Distribution