IDEAS home Printed from https://ideas.repec.org/a/kap/asiapa/v42y2025i2d10.1007_s10490-023-09903-7.html
   My bibliography  Save this article

Strategic orientation, strategic renewal, and the international performance of born global firms

Author

Listed:
  • Farhad Uddin Ahmed

    (Brunel University London)

  • Mujahid Mohiuddin Babu

    (Coventry University)

  • Md Nafizur Rahman

    (Bangladesh University of Professionals (BUP))

  • Mohammad Jasim Uddin

    (Christ Church Business School, Canterbury Christ Church University)

  • Bidit Lal Dey

    (Brunel University London)

Abstract

The international business environment is both dynamic and turbulent. Accordingly, a new venture’s strategic orientation (SO) and ability to undertake strategic renewal (SR) are of great importance to its survival, growth and international performance. Building on the dynamic capability perspective, we explore how SR capability mediates the relationship between SO and the performance of mature born global firms (BGFs). In particular, we examine the direct and indirect interplay between the SO of BGFs and their performance outcomes. We use a sample of 195 export-oriented BGFs, derived from the Bangladeshi apparel industry. We use a hierarchical regression analysis technique to test the direct effects. The mediation effect is examined using three statistical tests – Baron and Kenney’s (1986) causal steps approach, the Sobel test, and the Hayes indirect effect with bootstrapping method – to ensure the validity and reliability of our findings. The results reveal a positive association between SO and the performance of BGFs, and that this relationship is mediated by the firms’ SR capability. We contribute to a greater understanding of the drivers of mature BGFs’ international performance by demonstrating a direct link between their SO and SR capability, which in turn affects their performance outcomes.

Suggested Citation

  • Farhad Uddin Ahmed & Mujahid Mohiuddin Babu & Md Nafizur Rahman & Mohammad Jasim Uddin & Bidit Lal Dey, 2025. "Strategic orientation, strategic renewal, and the international performance of born global firms," Asia Pacific Journal of Management, Springer, vol. 42(2), pages 993-1024, June.
    • Handle: RePEc:kap:asiapa:v:42:y:2025:i:2:d:10.1007_s10490-023-09903-7
    DOI: 10.1007/s10490-023-09903-7
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10490-023-09903-7
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10490-023-09903-7?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
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:kap:asiapa:v:42:y:2025:i:2:d:10.1007_s10490-023-09903-7. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.