Organizational resources, dynamic capabilities and strategic performance: an analysis of the Real Estate Appraisal Industry in Guangdong, China
Year: 2018
Type: dissertation
Abstract: With the deepening of market economy, China's real estate appraisal industry is growing from strength to strength. It is characterized by having a small scale, low profits, and weak competition, even though growth differences are becoming increasingly noticeable among companies. Currently, there is a significant shortage of empirical research about what is happening in this transition phase concerning this industry. Therefore, it is important to conduct studies that would help companies to develop business practices that allow them to succeed in the market economy. In this context, this thesis investigates the key factors that facilitate the performance of the organization from the resource-based view, aiming at explaining the interplay between organizational resources, dynamic capabilities, and strategic performance. Based on the existing Chinese and foreign literatures, a conceptual model is developed, and four hypotheses are proposed, for analyzing the influence of organizational resources (entrepreneur traits, TMT characteristics, and network relationships) and dynamic capabilities on the strategic performance of enterprises. This research is conducted with middle-level and senior managers of the real estate appraisal industry, in Guangdong province, China. A structured questionnaire is designed and 274 valid responses are gathered. Data analysis employs the variance-based structural equation model (known as partial least squares-based SEM, PLS-SEM). Results confirms that network relationships and dynamic capabilities have a direct positive effect on strategic performance; entrepreneurial traits, TMT characteristics, and network relationships have a positive impact on strategic performance through the mediating role of dynamic capabilities, which contributes to academia by expanding research into strategic performance in China.
Source: Repositório do ISCTE-IUL
Author: Peng Lin
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2997600279