Strategic flexibility in small firms

References

• Aaker, D. A. (2005). Strategic Market Management. Wiley India (P.) Ltd.
   Google Scholar
• Adams, J., Kauffman, R. G., Khoja, F. M., & Coy, S. (2016). Looking at purchasing development through the lens of small business. Journal of Managerial Issues, 28(3/4), 145–170. http://www.jstor.org/stable/44113702
   Google Scholar
• Alvarez, S., & Barney, J. (2002). Resource-Based Theory and the Entrepreneurial Firm,[w:] Strategic entrepreneurship. Creating a New Mindset, red. SM Camp, & DL Sexton.
   Google Scholar
• Bierly, P. E., & Chakrabarti, A. K. (1996). Technological learning, strategic flexibility, and new product development in the pharmaceutical industry. IEEE Transactions on Engineering Management, 43(4), 368–380. https://doi.org/10.1109/17.543979
   Web of Science ®Google Scholar
• Borgatti, S. P., & Foster, P. C. (2003). The network paradigm in organizational research: A review and typology. Journal of Management, 29(6), 991–1013. https://doi.org/10.1016/S0149-2063(03)00087-4
   Web of Science ®Google Scholar
• Borgatti, S. P., & Halgin, D. S. (2011). On network theory. Organization Science, 22(5), 1168–1181. https://doi.org/10.1287/orsc.1100.0641
   Web of Science ®Google Scholar
• Bourlakis, M., & Melewar, T. (2011). Marketing perspectives of logistics service providers: Present and future research directions. European Journal of Marketing, 45(3), 300–310. https://doi.org/10.1108/03090561111107203
   Web of Science ®Google Scholar
• Brinckmann, J., Dew, N., Read, S., Mayer-Haug, K., & Grichnik, D. (2019). Of those who plan: A meta-analysis of the relationship between human capital and business planning. Long Range Planning, 52(2), 173–188. https://doi.org/10.1016/j.lrp.2018.01.003
   Web of Science ®Google Scholar
• Broadbent, M., & Weill, P. (1997). Management by maxim: How business and IT managers can create IT infrastructures. Sloan Management Review, 38(3), 77–92. https://sloanreview.mit.edu/article/management-by-maxim-howbusiness-and-it-managers-can-create-it-infrastructures/
   Google Scholar
• Brozovic, D. (2018). Strategic flexibility: A review of the literature. International Journal of Management Reviews, 20(1), 3–31. https://doi.org/10.1111/ijmr.12111
   Web of Science ®Google Scholar
• Busenitz, L. W., & Barney, J. B. (1997). Differences between entrepreneurs and managers in large organizations: Biases and heuristics in strategic decision-making. Journal of Business Venturing, 12(1), 9–30. https://doi.org/10.1016/S0883-9026(96)00003-1
   Web of Science ®Google Scholar
• Celuch, K., & Murphy, G. (2010). SME Internet use and strategic flexibility: The moderating effect of IT market orientation. Journal of Marketing Management, 26(1–2), 131–145. https://doi.org/10.1080/02672570903574296
   Google Scholar
• Celuch, K., Murphy, G. B., & Callaway, S. K. (2007). More bang for your buck: Small firms and the importance of aligned information technology capabilities and strategic flexibility. The Journal of High Technology Management Research, 17(2), 187–197. https://doi.org/10.1016/j.hitech.2006.11.006
   Google Scholar
• Chaudhary, S. (2019). Implications of strategic flexibility in small firms: The moderating role of absorptive capacity. South Asian Journal of Business Studies, 8(3), 370–386. https://doi.org/10.1108/SAJBS-10-2018-0104
   Web of Science ®Google Scholar
• Cho, M., Bonn, M. A., Giunipero, L., & Jaggi, J. S. (2021). Supplier selection and partnerships: Effects upon restaurant operational and strategic benefits and performance. International Journal of Hospitality Management, 94, 102781. https://doi.org/10.1016/j.ijhm.2020.102781
   Web of Science ®Google Scholar
• Correia Alves, O., & Rabelo, R. J. (2013). A KPI model for logistics partners’ search and suggestion to create virtual organisations. International Journal of Networking and Virtual Organisations, 12(2), 149–177. https://doi.org/10.1504/IJNVO.2013.053746
   Google Scholar
• De Leeuw, A. C., & Volberda, H. W. (1996). On the concept of flexibility: A dual control perspective. Omega, 24(2), 121–139. https://doi.org/10.1016/0305-0483(95)00054-2
   Web of Science ®Google Scholar
• Dean, T. J., Brown, R. L., & Bamford, C. E. (1998). Differences in large and small firm responses to environmental context: Strategic implications from a comparative analysis of business formations. Strategic Management Journal, 19(8), 709–728. https://doi.org/10.1002/(SICI)1097-0266(199808)19:8<709::AID-SMJ966>3.0.CO;2-9
   Web of Science ®Google Scholar
• Ebben, J. J., & Johnson, A. C. (2005). Efficiency, flexibility, or both? Evidence linking strategy to performance in small firms. Strategic Management Journal, 26(13), 1249–1259. https://doi.org/10.1002/smj.503
   Web of Science ®Google Scholar
• Eggers, F., Hatak, I., Kraus, S., & Niemand, T. (2017). Technologies that support marketing and market development in SMEs—Evidence from social networks. Journal of Small Business Management, 55(2), 270–302. https://doi.org/10.1111/jsbm.12313
   Web of Science ®Google Scholar
• Escrig-Tena, A. B., Bou-Llusar, J. C., Beltrán-Martín, I., & Roca-Puig, V. (2011). Modelling the implications of quality management elements on strategic flexibility. Advances in Decision Sciences, 2011, 1–27. https://doi.org/10.1155/2011/694080
   Google Scholar
• Evans, J. S. (1991). Strategic flexibility for high technology manoeuvres: A conceptual framework. Journal of Management Studies, 28(1), 69–89. https://doi.org/10.1111/j.1467-6486.1991.tb00271.x
   Web of Science ®Google Scholar
• Fay, D., & Frese, M. (2001). The concept of personal initiative: An overview of validity studies. Human Performance, 14(1), 97–124. https://doi.org/10.1207/S15327043HUP1401_06
   Web of Science ®Google Scholar
• Fernández‐Pérez, V., García‐Morales, V. J., & Bustinza‐Sánchez, Ó. F. (2012). The effects of CEOs’ social networks on organizational performance through knowledge and strategic flexibility. Personnel Review, 41(6), 777–812. https://doi.org/10.1108/00483481211263719
   Web of Science ®Google Scholar
• Fiegenbaum, A., & Karnani, A. (1991). Output flexibility—A competitive advantage for small firms. Strategic Management Journal, 12(2), 101–114. https://doi.org/10.1002/smj.4250120203
   Web of Science ®Google Scholar
• Forbes, D. P., & Milliken, F. J. (1999). Cognition and corporate governance: Understanding boards of directors as strategic decision-making groups. Academy of Management Review, 24(3), 489–505. https://doi.org/10.2307/259138
   Web of Science ®Google Scholar
• Fornell, C., & Larcker, D. F. (1981). Evaluating structural equation models with unobservable variables and measurement error. Journal of Marketing Research, 18(1), 39–50. https://doi.org/10.1177/002224378101800104
   Web of Science ®Google Scholar
• Frese, M. (2009). Toward a psychology of entrepreneurship: An action theory perspective. Now Publishers Inc.
   Google Scholar
• Frese, M., Kring, W., Soose, A., & Zempel, J. (1996). Personal initiative at work: Differences between East and West Germany. Academy of Management Journal, 39(1), 37–63. https://doi.org/10.5465/256630
   Web of Science ®Google Scholar
• Govindan, K., Agarwal, V., Darbari, J. D., & Jha, P. (2019). An integrated decision making model for the selection of sustainable forward and reverse logistic providers. Annals of Operations Research, 273(1–2), 607–650. https://doi.org/10.1007/s10479-017-2654-5
   Web of Science ®Google Scholar
• Grewal, R., & Tansuhaj, P. (2001). Building organizational capabilities for managing economic crisis: The role of market orientation and strategic flexibility. Journal of Marketing, 65(2), 67–80. https://doi.org/10.1509/jmkg.65.2.67.18259
   Web of Science ®Google Scholar
• Guo, H., & Cao, Z. (2014). Strategic flexibility and SME performance in an emerging economy: A contingency perspective. Journal of Organizational Change Management, 27(2), 273–298. https://doi.org/10.1108/JOCM-11-2012-0177
   Web of Science ®Google Scholar
• Harrigan, K. R. (1985). Strategic flexibility: A management guide for changing times. Simon and Schuster.
   Google Scholar
• Hatch, J., & Zweig, J. (2001). DEPARTMENTS-ENTREPRENEURS-Strategic flexibility: The key to growth. Ivey Business Journal, 65(4), 44–47. https://iveybusinessjournal.com/publication/strategic-flexibility-thekey-to-growth/
   Google Scholar
• Hitt, M. A., Keats, B. W., & DeMarie, S. M. (1998). Navigating in the new competitive landscape: Building strategic flexibility and competitive advantage in the 21st century. Academy of Management Perspectives, 12(4), 22–42. https://doi.org/10.5465/ame.1998.1333922
   Google Scholar
• Ho, T. C., Ahmad, N. H., & Ramayah, T. (2016). Competitive capabilities and business performance among manufacturing SMEs: Evidence from an emerging economy, Malaysia. Journal of Asia-Pacific Business, 17(1), 37–58. https://doi.org/10.1080/10599231.2016.1129263
   Google Scholar
• Hyman, L., Lamb, J., & Bulmer, M. (2006). The use of pre-existing survey questions: Implications for data quality, 1–8. Wales, UK: Cardiff.
   Google Scholar
• Johnson, J. L., Lee, R. P.-W., Saini, A., & Grohmann, B. (2003). Market-focused strategic flexibility: Conceptual advances and an integrative model. Journal of the Academy of Marketing Science, 31(1), 74–89. https://doi.org/10.1177/0092070302238603
   Web of Science ®Google Scholar
• Kapasuwan, S., Rose, J., & Tseng, C.-H. (2007). The synergistic effects of strategic flexibility and technological resources on performance of SMEs. Journal of Small Business & Entrepreneurship, 20(3), 257–272. https://doi.org/10.1080/08276331.2007.10593399
   Google Scholar
• Kraaijenbrink, J., Spender, J.-C., & Groen, A. J. (2010). The resource-based view: A review and assessment of its critiques. Journal of Management, 36(1), 349–372. https://doi.org/10.1177/0149206309350775
   Web of Science ®Google Scholar
• Kraus, S., Breier, M., & Dasí-Rodríguez, S. (2020). The art of crafting a systematic literature review in entrepreneurship research. International Entrepreneurship and Management Journal, 16(3), 1023–1042. https://doi.org/10.1007/s11365-020-00635-4
   Web of Science ®Google Scholar
• Kraus, S., Mahto, R. V., & Walsh, S. T. (2021). The importance of literature reviews in small business and entrepreneurship research. Journal of Small Business Management, 1–12. https://doi.org/10.1080/00472778.2021.1955128
   Web of Science ®Google Scholar
• Kraus, S., Reiche, B. S., & Reschke, C. H. (2008). Implications of strategic planning in SMEs for international entrepreneurship research and practice. In Terziovski, M. (Ed.), Energizing Management Through Innovation and Entrepreneurship (pp. 110–127). London: Routledge.
   Google Scholar
• Li, S. (2002). An integrated model for supply chain management practice, performance and competitive advantage. The University of Toledo.
   Google Scholar
• Li, S., Ragu-Nathan, B., Ragu-Nathan, T., & Rao, S. S. (2006). The impact of supply chain management practices on competitive advantage and organizational performance. Omega, 34(2), 107–124. https://doi.org/10.1016/j.omega.2004.08.002
   Web of Science ®Google Scholar
• Li, S., Rao, S. S., Ragu-Nathan, T., & Ragu-Nathan, B. (2005). Development and validation of a measurement instrument for studying supply chain management practices. Journal of Operations Management, 23(6), 618–641. https://doi.org/10.1016/j.jom.2005.01.002
   Web of Science ®Google Scholar
• Liao, J., Welsch, H., & Stoica, M. (2003). Organizational absorptive capacity and responsiveness: An empirical investigation of growth–oriented SMEs. Entrepreneurship Theory and Practice, 28(1), 63–86. https://doi.org/10.1111/1540-8520.00032
   Web of Science ®Google Scholar
• Lindberg, R. A., & Cohn, T. (1972). How management is different in small companies: An AMA management briefing. American Management Association.
   Google Scholar
• Lu, J. W., & Beamish, P. W. (2001). The internationalization and performance of SMEs. Strategic Management Journal, 22(6‐7), 565–586. https://doi.org/10.1002/smj.184
   Web of Science ®Google Scholar
• Mahto, R. V., Davis, P. S., Pearce, J. A., & Robinson, R. B., Jr. (2010). Satisfaction with firm performance in family businesses. Entrepreneurship Theory and Practice, 34(5), 985–1002. https://doi.org/10.1111/j.1540-6520.2010.00393.x
   Web of Science ®Google Scholar
• Mai, R., Niemand, T., & Kraus, S. (2021). A tailored-fit model evaluation strategy for better decisions about structural equation models. Technological Forecasting and Social Change, 173, 121142. https://doi.org/10.1016/j.techfore.2021.121142
   Web of Science ®Google Scholar
• Marinagi, C., Trivellas, P., & Reklitis, P. (2015). Information quality and supply chain performance: The mediating role of information sharing. Procedia-Social and Behavioral Sciences, 175, 473–479. https://doi.org/10.1016/j.sbspro.2015.01.1225
   Google Scholar
• Nadkarni, S., & Herrmann, P. (2010). CEO personality, strategic flexibility, and firm performance: The case of the Indian business process outsourcing industry. Academy of Management Journal, 53(5), 1050–1073. https://doi.org/10.5465/amj.2010.54533196
   Web of Science ®Google Scholar
• Nadkarni, S., & Narayanan, V. K. (2007). Strategic schemas, strategic flexibility, and firm performance: The moderating role of industry clockspeed. Strategic Management Journal, 28(3), 243–270. https://doi.org/10.1002/smj.576
   Web of Science ®Google Scholar
• Nordin, F., Brozovic, D., & Holmlund, M. (2013). Disintermediation in business-to-business service channels: Mechanisms and challenges. Journal of Business-to-Business Marketing, 20(4), 179–192. https://doi.org/10.1080/1051712X.2013.813717
   Web of Science ®Google Scholar
• Nunnally, J. C. (1978). Psychometric Theory: 2d Ed. McGraw-Hill.
   Google Scholar
• Pauwels, P., & Matthyssens, P. (2004). Strategic flexibility in export expansion: Growing through withdrawal. International Marketing Review, 21(4/5), 496–510. https://doi.org/10.1108/02651330410547162
   Web of Science ®Google Scholar
• Perez‐Valls, M., Cespedes‐Lorente, J., & Moreno‐Garcia, J. (2016). Green practices and organizational design as sources of strategic flexibility and performance. Business Strategy and the Environment, 25(8), 529–544. https://doi.org/10.1002/bse.1881
   Web of Science ®Google Scholar
• Petersen, B., Welch, D. E., & Welch, L. S. (2000). Creating meaningful switching options in international operations. Long Range Planning, 33(5), 688–705. https://doi.org/10.1016/S0024-6301(00)00076-5
   Web of Science ®Google Scholar
• Podsakoff, P. M., MacKenzie, S. B., Lee, J.-Y., & Podsakoff, N. P. (2003). Common method biases in behavioral research: A critical review of the literature and recommended remedies. Journal of Applied Psychology, 88(5), 879. https://doi.org/10.1037/0021-9010.88.5.879
   PubMed Web of Science ®Google Scholar
• Qrunfleh, S., & Tarafdar, M. (2013). Lean and agile supply chain strategies and supply chain responsiveness: The role of strategic supplier partnership and postponement. Supply Chain Management: An International Journal, 18(6), 571–582. https://doi.org/10.1108/SCM-01-2013-0015
   Web of Science ®Google Scholar
• Randolph, W. A., Sapienza, H. J., & Watson, M. A. (1991). Technology-structure fit and performance in Small businesses: An examination of the moderating effects of organizational states. Entrepreneurship Theory and Practice, 16(1), 27–42. https://doi.org/10.1177/104225879101600103
   Google Scholar
• Rigtering, J. C., & Behrens, M. A. (2021). The Effect of Corporate—Start-Up Collaborations on Corporate Entrepreneurship. Review of Managerial Science, 1–28.
   Web of Science ®Google Scholar
• Santos-Vijande, L., Sanzo-Pérez, M., Trespalacios Gutiérrez, J., & Rodríguez, N. (2012). Marketing capabilities development in small and medium enterprises: Implications for performance. Journal of CENTRUM Cathedra: The Business and Economics Research Journal, 5(1), 24–42. https://doi.org/10.7835/jcc-berj-2012-0065
   Google Scholar
• Scherr, F. C., & Hulburt, H. M. (2001). The debt maturity structure of small firms. Financial Management, 30(1), 85–111. https://doi.org/10.2307/3666392
   Web of Science ®Google Scholar
• Shalender, K., & Singh, N. (2014). Understanding product flexibility using SAP–LAP approach. Journal of Strategic Marketing, 22(2), 104–116. https://doi.org/10.1080/0965254X.2013.876065
   Google Scholar
• Shalender, K., & Yadav, R. K. (2019). Strategic flexibility, manager personality, and firm performance: The case of Indian Automobile Industry. Global Journal of Flexible Systems Management, 20(1), 77–90. https://doi.org/10.1007/s40171-018-0204-x
   Google Scholar
• Shimizu, K., & Hitt, M. A. (2004). Strategic flexibility: Organizational preparedness to reverse ineffective strategic decisions. Academy of Management Perspectives, 18(4), 44–59. https://doi.org/10.5465/ame.2004.15268683
   Google Scholar
• Shukla, S. K., Sharma, M. K., & Sharma, M. K. (2019). Managerial paradox toward flexibility: Emergent views using thematic analysis of literature. Global Journal of Flexible Systems Management, 20(4), 349–370. https://doi.org/10.1007/s40171-019-00220-x
   Google Scholar
• Sok, P., O’cass, A., & Miles, M. P. (2016). The performance advantages for SMEs of product innovation and marketing resource–capability complementarity in emerging economies. Journal of Small Business Management, 54(3), 805–826. https://doi.org/10.1111/jsbm.12172
   Web of Science ®Google Scholar
• Sushil, K. (2014). The concept of a flexible enterprise. In Sushil and Stohr, E.A. (Eds.), The Flexible Enterprise, Flexible Systems Management (pp. 3–26). Springer Ind. Pvt. Ltd. New Delhi, India.
   Google Scholar
• TenDam, H. (1987). Managerial flexibility: A strategic asset. Leadership & Organization Development Journal, 8(2), 11–16. https://doi.org/10.1108/eb053612
   Google Scholar
• Terziovski, M. (2010). Innovation practice and its performance implications in small and medium enterprises (SMEs) in the manufacturing sector: A resource‐based view. Strategic Management Journal, 31(8), 892–902. https://doi.org/10.1002/smj.841
   Web of Science ®Google Scholar
• Thatte, A. A. (2007). Competitive advantage of a firm through supply chain responsiveness and SCM practices Diss. University of Toledo. https://etd.ohiolink.edu/apexprod/rws_etd/send_file/send?accession=toledo1176401773&disposition=inline
   Google Scholar
• Thompson, J. D., & Bates, F. L. (1957). Technology, organization, and administration. Administrative Science Quarterly, 2(3), 325–343. https://doi.org/10.2307/2391002
   Web of Science ®Google Scholar
• Tolstoy, D. (2014). Differentiation in foreign business relationships: A study on small and medium-sized enterprises after their initial foreign market entry. International Small Business Journal, 32(1), 17–35. https://doi.org/10.1177/0266242612456571
   Web of Science ®Google Scholar
• Verdú‐Jover, A. J., Lloréns‐Montes, F. J., & García‐Morales, V. J. (2006). Environment–flexibility coalignment and performance: An analysis in large versus small firms. Journal of Small Business Management, 44(3), 334–349. https://doi.org/10.1111/j.1540-627X.2006.00175.x
   Web of Science ®Google Scholar
• Wichmann, B. K., & Kaufmann, L. (2016). Social network analysis in supply chain management research. International Journal of Physical Distribution & Logistics Management, 46(8), 740–762. https://doi.org/10.1108/IJPDLM-05-2015-0122
   Web of Science ®Google Scholar
• Woo, C. Y., & Cooper, A. C. (1981). Strategies of effective low share businesses. Strategic Management Journal, 2(3), 301–318. https://doi.org/10.1002/smj.4250020307
   Web of Science ®Google Scholar
• Young-Ybarra, C., & Wiersema, M. (1999). Strategic flexibility in information technology alliances: The influence of transaction cost economics and social exchange theory. Organization Science, 10(4), 439–459. https://doi.org/10.1287/orsc.10.4.439
   Web of Science ®Google Scholar
• Zahra, S. A., Hayton, J. C., Neubaum, D. O., Dibrell, C., & Craig, J. (2008). Culture of family commitment and strategic flexibility: The moderating effect of stewardship. Entrepreneurship Theory and Practice, 32(6), 1035–1054. https://doi.org/10.1111/j.1540-6520.2008.00271.x
   Web of Science ®Google Scholar
• Zhang, X., Ma, X., Wang, Y., & Wang, Y. (2014). How can emerging market small and medium-sized enterprises maximise internationalisation benefits? The moderating effect of organisational flexibility. International Small Business Journal, 32(6), 667–692. https://doi.org/10.1177/0266242613503356
   Web of Science ®Google Scholar
• Zhou, H., Shou, Y., Zhai, X., Li, L., Wood, C., & Wu, X. (2014). Supply chain practice and information quality: A supply chain strategy study. International Journal of Production Economics, 147, 624–633. https://doi.org/10.1016/j.ijpe.2013.08.025
   Web of Science ®Google Scholar