IDEAS home Printed from https://ideas.repec.org/a/ags/saeasj/205596.html
   My bibliography  Save this article

The Relationship between Core Resources and Strategies of Firms: The Case of Sri Lankan Value-Added Tea Producers

Author

Listed:
  • Ariyawardana, A.
  • Bailey, W.C

Abstract

Even though the strategy and resource-based views separately argue that superior performance is influenced by strategies and resources of firms, this study argues that there can be an indirect relationship between the core resources and strategies of firms. The strength of this relationship was examined based on a set of data gathered from a group of value-added tea producers in Sri Lanka. The cannonical analysis revealed a significant relationship between strategy and resource patterns; however, resource patterns explained only 21 per cent of the variance of the strategy patterns. This indicated that the Sri Lankan value-added tea producing firms' choice of, and ability to perform a particular strategy are weakly associated with their core resource strength.

Suggested Citation

  • Ariyawardana, A. & Bailey, W.C, 2002. "The Relationship between Core Resources and Strategies of Firms: The Case of Sri Lankan Value-Added Tea Producers," Sri Lankan Journal of Agricultural Economics, Sri Lanka Agricultural Economics Association (SAEA), vol. 4, pages 1-19.
    • Handle: RePEc:ags:saeasj:205596
    DOI: 10.22004/ag.econ.205596
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/205596/files/1.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.205596?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Hendry, John, 1990. "The problem with porter's generic strategies ..," European Management Journal, Elsevier, vol. 8(4), pages 443-450, December.
    2. Arnold Wollenberg, 1977. "Redundancy analysis an alternative for canonical correlation analysis," Psychometrika, Springer;The Psychometric Society, vol. 42(2), pages 207-219, June.
    3. Ma, Hao, 2000. "Of competitive advantage: Kinetic and positional," Business Horizons, Elsevier, vol. 43(1), pages 53-64.
    4. Joyce Hall Krause & William W. Wilson & Frank J. Dooley, 1995. "Global market segmentation for value-added agricultural products," Agribusiness, John Wiley & Sons, Ltd., vol. 11(3), pages 195-206.
    5. Haanes, Knut & Fjeldstad, Øystein, 2000. "Linking intangible resources and competition," European Management Journal, Elsevier, vol. 18(1), pages 52-62, February.
    6. Faulkner, David & Bowman, Cliff, 1992. "Generic strategies and congruent organisational structures: Some suggestions," European Management Journal, Elsevier, vol. 10(4), pages 494-500, December.
    7. Cohen, Wesley M & Klepper, Steven, 1996. "Firm Size and the Nature of Innovation within Industries: The Case of Process and Product R&D," The Review of Economics and Statistics, MIT Press, vol. 78(2), pages 232-243, May.
    8. Gregory G. Dess & G. T. Lumpkin & J. G. Covin, 1997. "Entrepreneurial strategy making and firm performance: tests of contingency and configurational models," Strategic Management Journal, Wiley Blackwell, vol. 18(9), pages 677-695, October.
    9. Vijay Govindarajan, 1989. "Implementing competitive strategies at the business unit level: Implications of matching managers to strategies," Strategic Management Journal, Wiley Blackwell, vol. 10(3), pages 251-269, May.
    10. Birger Wernerfelt, 1984. "A resource‐based view of the firm," Strategic Management Journal, Wiley Blackwell, vol. 5(2), pages 171-180, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Esthela Galván-Vela & Eduardo Arango Herrera & Deisy Milena Sorzano Rodríguez & Rafael Ravina-Ripoll, 2021. "State-of-the-Art Analysis of Intrapreneurship: A Review of the Theoretical Construct and Its Bibliometrics," JRFM, MDPI, vol. 14(4), pages 1-16, April.
    2. Knight, Gary & Moen, Øystein & Madsen, Tage Koed, 2020. "Antecedents to differentiation strategy in the exporting SME," International Business Review, Elsevier, vol. 29(6).
    3. Chonnatcha Kungwansupaphan & Jibon Kumar Sharma Leihaothabam, 2019. "Entrepreneurial Orientation, Performance And The Moderating Role Of Institutional Capital: A Case Study Of Female Entrepreneurs In Thailand," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 24(02), pages 1-20, June.
    4. Steven W. Bayighomog Likoum & Mohamed Dawood Shamout & Ibrahim Harazneh & A. Mohammed Abubakar, 2020. "Market-Sensing Capability, Innovativeness, Brand Management Systems, Market Dynamism, Competitive Intensity, and Performance: an Integrative Review," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(2), pages 593-613, June.
    5. Maree Storer & Paul Hyland, 2011. "Utilizing Industry-led Innovation Capacity to Enhance Supply Chain Performance : An Empirical Study," Modern Applied Science, Canadian Center of Science and Education, vol. 5(6), pages 1-55, December.
    6. Omar Rabeea Mahdi & Islam A. Nassar, 2021. "The Business Model of Sustainable Competitive Advantage through Strategic Leadership Capabilities and Knowledge Management Processes to Overcome COVID-19 Pandemic," Sustainability, MDPI, vol. 13(17), pages 1-27, September.
    7. Muhammad Hassan Arshad & Maha Mohammad Yusr Othman & Maruf Gbadebo Salimon, 2018. "The Relationship of Market Orientation and Entrepreneurial Orientation WITHSME’S Performance in the Context of Pakistan," Pakistan Journal of Humanities and Social Sciences, International Research Alliance for Sustainable Development (iRASD), vol. 6(3), pages :315-324, September.
    8. Nils Grashof & Alexander Kopka, 2023. "Artificial intelligence and radical innovation: an opportunity for all companies?," Small Business Economics, Springer, vol. 61(2), pages 771-797, August.
    9. Pierluigi Murro & Valentina Peruzzi, 2022. "Credit constraints and open innovation strategies," Working Papers CASMEF 2201, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    10. Mula, Claire & Zybura, Nora & Hipp, Thomas, 2024. "From digitalized start-up to scale-up: Opening the black box of scaling in digitalized firms towards a scaling process framework," Technological Forecasting and Social Change, Elsevier, vol. 202(C).
    11. Fukuyama, Hirofumi & Matousek, Roman & Tzeremes, Nickolaos G., 2023. "Estimating the degree of firms’ input market power via data envelopment analysis: Evidence from the global biotechnology and pharmaceutical industry," European Journal of Operational Research, Elsevier, vol. 305(2), pages 946-960.
    12. Marina Dabić & Jane Maley & Leo-Paul Dana & Ivan Novak & Massimiliano M. Pellegrini & Andrea Caputo, 2020. "Pathways of SME internationalization: a bibliometric and systematic review," Small Business Economics, Springer, vol. 55(3), pages 705-725, October.
    13. Reypens, Lina & Bacq, Sophie & Milanov, Hana, 2021. "Beyond bricolage: Early-stage technology venture resource mobilization in resource-scarce contexts," Journal of Business Venturing, Elsevier, vol. 36(4).
    14. Gallagher, Ronan & Quinn, Barry, 2019. "Regulatory Own Goals: The Unintended Consequences of Economic Regulation in Professional Football," QBS Working Paper Series 2019/02, Queen's University Belfast, Queen's Business School.
    15. Gregor Langus & Vilen Lipatov, 2021. "Does Envelopment through Data Advantage Call for New Regulation?," CESifo Working Paper Series 8932, CESifo.
    16. Al-Gamrh, Bakr & Rasul, Tareq, 2024. "Recession-proof marketing? Unraveling the impact of advertising efficiency on stock volatility," International Review of Financial Analysis, Elsevier, vol. 92(C).
    17. Vanderstraeten, Johanna & van Witteloostuijn, Arjen & Matthyssens, Paul, 2020. "Organizational sponsorship and service co-development: A contingency view on service co-development directiveness of business incubators," Technovation, Elsevier, vol. 98(C).
    18. Peixu He & Yana Pei & Chunpei Lin & Di Ye, 2021. "Ambidextrous Marketing Capabilities, Exploratory and Exploitative Market-Based Innovation, and Innovation Performance: An Empirical Study on China’s Manufacturing Sector," Sustainability, MDPI, vol. 13(3), pages 1-21, January.
    19. Klaas, Brian S. & Klimchak, Malayka & Semadeni, Matthew & Holmes, Jeanne Johnson, 2010. "The adoption of human capital services by small and medium enterprises: A diffusion of innovation perspective," Journal of Business Venturing, Elsevier, vol. 25(4), pages 349-360, July.
    20. Miguel Perez‐Valls & Jose Cespedes‐Lorente & Juan Moreno‐Garcia, 2016. "Green Practices and Organizational Design as Sources of Strategic Flexibility and Performance," Business Strategy and the Environment, Wiley Blackwell, vol. 25(8), pages 529-544, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:saeasj:205596. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/slaeaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.