Impacts of dynamic managerial capability and international opportunity identification on firm performance. Issue 4 (3rd June 2019)

• Record Type: Journal Article
• Authors: Mostafiz, Md Imtiaz; Sambasivan, Murali; Goh, See Kwong
• Is Part Of: Multinational business review. Volume 27:Issue 4(2019)
• Page Start: 339
• Page End: 363
• Publication Date: 2019-06-03
• Subjects: Export performance -- Dynamic managerial capability -- International opportunity identification -- Export-oriented small- and medium-sized manufacturing firms -- Accelerated internationalization; International business enterprises -- Periodicals; International business enterprises -- Accounting -- Periodicals; International business enterprises -- Management -- Periodicals; Comparative accounting -- Periodicals; Comparative management -- Periodicals; 338.88
• DOI: 10.1108/MBR-09-2018-0061
• Languages: English
• ISSNs: 1525-383X

Abstract

Abstract : Purpose: This paper aims to investigate the antecedents and outcomes of international opportunity identification (IOI) in export-manufacturing firms. The fundamental question addressed in this research is: How does dynamic managerial capability (DMC) of entrepreneurs contribute to IOI and success of the firms? Design/methodology/approach: The research model was tested through structural equation modeling among the readymade garment manufacturing firms in the least developed country, Bangladesh. A survey was conducted with a random sampling approach and responses were collected from 390 firms. Findings: The salient findings are: DMC has direct and indirect impacts through IOI on financial and non-financial performance; IOI mediates the relationship between managerial social capital and non-financial performance and between managerial cognition and non-financial performance; IOI has a negative relationship with the financial performance of the firms; and scope of accelerated internationalization positively moderates the relationship between IOI and financial performance of firms. Originality/value: This paper notably shows that DMC of export-manufacturing entrepreneurs leads to the identification of the right kind of opportunities, which, in turn, generate better performance. It is advantageous for this type of firm to operate a business in multiple countries.