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Handbook of Research on Strategic Management in Small and Medium Enterprises (Advances in Logistics, Operations, and Management Science PDF

539 Pages·2014·9.5 MB·English
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Handbook of Research on Strategic Management in Small and Medium Enterprises Kiril Todorov University of National and World Economy, Bulgaria David Smallbone Kingston University, UK A volume in the Advances in Logistics, Operations, and Management Science (ALOMS) Book Series Managing Director: Lindsay Johnston Production Editor: Jennifer Yoder Development Editor: Austin DeMarco Acquisitions Editor: Kayla Wolfe Typesetter: Michael Brehm Cover Design: Jason Mull Published in the United States of America by Business Science Reference (an imprint of IGI Global) 701 E. Chocolate Avenue Hershey PA 17033 Tel: 717-533-8845 Fax: 717-533-8661 E-mail: [email protected] Web site: http://www.igi-global.com Copyright © 2014 by IGI Global. All rights reserved. No part of this publication may be reproduced, stored or distributed in any form or by any means, electronic or mechanical, including photocopying, without written permission from the publisher. Product or company names used in this set are for identification purposes only. Inclusion of the names of the products or companies does not indicate a claim of ownership by IGI Global of the trademark or registered trademark. Library of Congress Cataloging-in-Publication Data Handbook of research on strategic management in small and medium enterprises / Kiril Todorov and David Smallbone, edi- tors. pages cm Includes bibliographical references and index. ISBN 978-1-4666-5962-9 (hardcover) -- ISBN 978-1-4666-5963-6 (ebook) -- ISBN 978-1-4666-5965-0 (print & per- petual access) 1. Small business--Management. 2. Strategic planning. I. Todorov, Kiril. II. Smallbone, David. HD62.7.H3723 2014 658.4’012--dc23 2014001519 This book is published in the IGI Global book series Advances in Logistics, Operations, and Management Science (ALOMS) (ISSN: 2327-350X; eISSN: 2327-3518) British Cataloguing in Publication Data A Cataloguing in Publication record for this book is available from the British Library. All work contributed to this book is new, previously-unpublished material. The views expressed in this book are those of the authors, but not necessarily of the publisher. For electronic access to this publication, please contact: [email protected]. Advances in Logistics, Operations, and Management Science (ALOMS) Book Series John Wang Montclair State University, USA ISSN: 2327-350X EISSN: 2327-3518 Mission Operations research and management science continue to influence business processes, administration, and management information systems, particularly in covering the application methods for decision- making processes. New case studies and applications on management science, operations management, social sciences, and other behavioral sciences have been incorporated into business and organizations real-world objectives. The Advances in Logistics, Operations, and Management Science (ALOMS) Book Series provides a collection of reference publications on the current trends, applications, theories, and practices in the management science field. Providing relevant and current research, this series and its individual publi- cations would be useful for academics, researchers, scholars, and practitioners interested in improving decision making models and business functions. Coverage IGI Global is currently accepting manuscripts • Computing and Information Technologies for publication within this series. To submit a pro- • Decision Analysis and Decision Support posal for a volume in this series, please contact our • Finance Acquisition Editors at [email protected] • Information Management or visit: http://www.igi-global.com/publish/. • Marketing Engineering • Operations Management • Organizational Behavior • Political Science • Production Management • Services Management The Advances in Logistics, Operations, and Management Science (ALOMS) Book Series (ISSN 2327-350X) is published by IGI Global, 701 E. Chocolate Avenue, Hershey, PA 17033-1240, USA, www.igi-global.com. This series is composed of titles available for purchase in- dividually; each title is edited to be contextually exclusive from any other title within the series. For pricing and ordering information please visit http://www.igi-global.com/book-series/advances-logistics-operations-management-science/37170. Postmaster: Send all address changes to above address. Copyright © 2014 IGI Global. All rights, including translation in other languages reserved by the publisher. No part of this series may be reproduced or used in any form or by any means – graphics, electronic, or mechanical, including photocopying, recording, taping, or information and retrieval systems – without written permission from the publisher, except for non commercial, educational use, including classroom teaching purposes. The views expressed in this series are those of the authors, but not necessarily of IGI Global. Titles in this Series For a list of additional titles in this series, please visit: www.igi-global.com Handbook of Research on Strategic Management in Small and Medium Enterprises Kiril Todorov (University of National and World Economy, Bulgaria) and David Smallbone (Kingston University, UK) Business Science Reference • copyright 2014 • 490pp • H/C (ISBN: 9781466659629) • US $345.00 (our price) Smart Manufacturing Innovation and Transformation Interconnection and Intelligence ZongWei Luo (The University of Hong Kong, China) Business Science Reference • copyright 2014 • 407pp • H/C (ISBN: 9781466658363) • US $225.00 (our price) Handbook of Research on Design and Management of Lean Production Systems Vladimír Modrák (Technical University of Košice, Slovakia) and Pavol Semančo (Technical University of Košice, Slovakia) Business Science Reference • copyright 2014 • 487pp • H/C (ISBN: 9781466650398) • US $325.00 (our price) Cases on Management and Organizational Behavior in an Arab Context Grace C. Khoury (Birzeit University, Palestine) and Maria C. Khoury (Independent Researcher, Palestine) Business Science Reference • copyright 2014 • 423pp • H/C (ISBN: 9781466650671) • US $175.00 (our price) Management Science, Logistics, and Operations Research John Wang (Montclair State University, USA) Business Science Reference • copyright 2014 • 481pp • H/C (ISBN: 9781466645066) • US $225.00 (our price) Strategic Performance Management and Measurement Using Data Envelopment Analysis Ibrahim Osman (American University of Beirut, Lebanon) Abdel L. Anouze (American University of Beirut, Lebanon) and Ali Emrouznejad (Aston University, UK) Business Science Reference • copyright 2014 • 359pp • H/C (ISBN: 9781466644748) • US $185.00 (our price) Outsourcing Management for Supply Chain Operations and Logistics Service Dimitris Folinas (Department of Logistics, ATEI-Thessaloniki, Greece) Business Science Reference • copyright 2013 • 596pp • H/C (ISBN: 9781466620087) • US $185.00 (our price) Operations Management Research and Cellular Manufacturing Systems Innovative Methods and Approaches Vladimir Modrák (Technical University of Kosice, Slovakia) and R. Sudhakara Pandian (Kalasalingam University, India) Business Science Reference • copyright 2012 • 368pp • H/C (ISBN: 9781613500477) • US $185.00 (our price) 701 E. Chocolate Ave., Hershey, PA 17033 Order online at www.igi-global.com or call 717-533-8845 x100 To place a standing order for titles released in this series, contact: [email protected] Mon-Fri 8:00 am - 5:00 pm (est) or fax 24 hours a day 717-533-8661 Editorial Advisory Board David B. Audretsch, Indiana University, USA Y. K. Bhushan, ICFAI University, India Andrew Burke, Cranfield School of Management, UK Alain Fayolle, EM LYON Business School, France Louis Jacques Filion, HEC Montréal, Canada Frank Hoy, Worcester Polytechnic Institute, USA J. Hanns Pichler, University of Economics & Business Administration, Austria List of Reviewers Wassim Aloulou, Al Imam Mohammad Ibn Saud Islamic University, Saudi Arabia Selena Aureli, University of Bologna, Italy Cristina Bettinelli, University of Bergamo, Italy Massimo Ciambotti, Università degli Studi di Urbino “Carlo Bo”, Italia Valentina Della Corte, University Federico II of Naples, Italy Federico Cosenz, University of Palermo, Italy Jan Degadt, KU Leuven, Belgium João J. Ferreira, University of Beira Interior, Portugal Isabella Hatak, WU Vienna University of Economics and Business, Austria Olga Ivanova, ICN Business School, France Benjamin E. Jakob, Strategic Consulting, Germany Rosalind Jones, University of Birmingham, United Kingdom Iliya Kereziev, University of National and World Economy, Bulgaria Helmut Kohlert, Esslingen University of Applied Sciences, Germany Kostadin Kolarov, University of National and World Economy, Bulgaria Vojtěch Koráb, Brno University of Technology, Czech Republic Colleen Mills, University of Canterbury, New Zealand Ken O’Neill, University of Ulster, Northern Ireland, UK Tadeusz Poplawski, Technical University of Bialystok, Poland Renaud Redien-Collot, Novancia Business School, France Dietmar Roessl, WU Vienna University of Economics and Business, Austria Anna Rogut, University of Lodz, Poland Charlotta A. Sirén, University of Vaasa, Finland, and Luleå University of Technology, Sweden Zhelyu Vladimirov, St. Kliment Ohridski University of Sofia, Bulgaria Krzysztof Wach, Cracow University of Economics (CUE), Poland Graham W. Winch, University of Plymouth, UK Ho Yin Wong, Deakin University, Australia List of Contributors Aloulou, Wassim / Al Imam Mohammad Ibn Saud Islamic University, Saudi Arabia ......................421 10.4018/978-1-4666-5962-9.ch020::3 10.4018/978-1-4666-5962-9.ch020::3 Aureli, Selena / University of Bologna, Italy .....................................................................................349 10.4018/978-1-4666-5962-9.ch017::1 10.4018/978-1-4666-5962-9.ch017::1 Ayadi, Faouzi / Al Imam Mohammad Ibn Saud Islamic University, Saudi Arabia ...........................421 10.4018/978-1-4666-5962-9.ch020::2 10.4018/978-1-4666-5962-9.ch020::2 Baporikar, Neeta / Sultanate of Oman Ministry of Higher Education, CAS-Salalah, Oman .............22 10.4018/978-1-4666-5962-9.ch002::1 10.4018/978-1-4666-5962-9.ch002::1 Barba-Sánchez, Virginia / University of Castilla-La Mancha, Spain ..............................................398 10.4018/978-1-4666-5962-9.ch019::1 10.4018/978-1-4666-5962-9.ch019::1 Bianchi, Carmine / University of Palermo, Italy ................................................................................77 10.4018/978-1-4666-5962-9.ch005::1 10.4018/978-1-4666-5962-9.ch005::1 Broekaert, Wouter / KU Leuven, Campus Brussels, Belgium ..........................................................244 10.4018/978-1-4666-5962-9.ch012::1 10.4018/978-1-4666-5962-9.ch012::1 Cosenz, Federico / University of Palermo, Italy .................................................................................77 10.4018/978-1-4666-5962-9.ch005::3 10.4018/978-1-4666-5962-9.ch005::3 Degadt, Jan / KU Leuven, Campus Brussels, Belgium .....................................................................244 10.4018/978-1-4666-5962-9.ch012::2 10.4018/978-1-4666-5962-9.ch012::2 Della Corte, Valentina / University Federico II of Naples, Italy ......................................................204 10.4018/978-1-4666-5962-9.ch011::1 10.4018/978-1-4666-5962-9.ch011::1 Durst, Susanne / University of Liechtenstein, Principality of Liechtenstein .....................................282 10.4018/978-1-4666-5962-9.ch014::1 10.4018/978-1-4666-5962-9.ch014::1 Fernandes, Cristina I. / NECE - Research Unit in Business Sciences, UBI, Portugal .....................180 10.4018/978-1-4666-5962-9.ch010::3 10.4018/978-1-4666-5962-9.ch010::3 Ferreira, João J. / University of Beira Interior (UBI), Portugal & NECE - Research Unit in Business Sciences, Portugal ........................................................................................................................180 10.4018/978-1-4666-5962-9.ch010::1 10.4018/978-1-4666-5962-9.ch010::1 Hatak, Isabella / WU Vienna University of Economics and Business, Austria & Johannes Kepler University Linz, Austria ...............................................................................................................266 10.4018/978-1-4666-5962-9.ch013::1 10.4018/978-1-4666-5962-9.ch013::1 Hung, Jia-Yi / Tzu Chi College of Technology, Taiwan ......................................................................40 10.4018/978-1-4666-5962-9.ch003::5 10.4018/978-1-4666-5962-9.ch003::5 Ivanova, Yordanka / University of National and World Economy, Bulgaria ...................................372 10.4018/978-1-4666-5962-9.ch018::3 10.4018/978-1-4666-5962-9.ch018::3 Jones, Rosalind / University of Birmingham, UK .................................................................................1 10.4018/978-1-4666-5962-9.ch001::1 10.4018/978-1-4666-5962-9.ch001::1 Katzenschlager, Simon / University of Liechtenstein, Principality of Liechtenstein ........................282 10.4018/978-1-4666-5962-9.ch014::2 10.4018/978-1-4666-5962-9.ch014::2 Kereziev, Iliya / University of National and World Economy, Bulgaria ...........................................372 10.4018/978-1-4666-5962-9.ch018::2 10.4018/978-1-4666-5962-9.ch018::2 Kohlert, Helmut / Esslingen University of Applied Sciences, Germany ...........................................328 10.4018/978-1-4666-5962-9.ch016::1 10.4018/978-1-4666-5962-9.ch016::1 Kohtamäki, Marko / University of Vaasa, Finland & Luleå University of Technology, Sweden .......55 10.4018/978-1-4666-5962-9.ch004::2 10.4018/978-1-4666-5962-9.ch004::2 Kolarov, Kostadin / University of National and World Economy, Sofia, Bulgaria ...........................124 10.4018/978-1-4666-5962-9.ch007::1 10.4018/978-1-4666-5962-9.ch007::1 Lambrecht, Johan / KU Leuven, Campus Brussels, Belgium ..........................................................244 10.4018/978-1-4666-5962-9.ch012::3 10.4018/978-1-4666-5962-9.ch012::3 Lefebvre, Miruna Radu / Audencia School of Management, France ..............................................143 10.4018/978-1-4666-5962-9.ch008::2 10.4018/978-1-4666-5962-9.ch008::2 Li, En / Central Queensland University, Australia ..............................................................................40 10.4018/978-1-4666-5962-9.ch003::4 10.4018/978-1-4666-5962-9.ch003::4 Mezghani, Karim / Al Imam Mohammad Ibn Saud Islamic University, Saudi Arabia ....................421 10.4018/978-1-4666-5962-9.ch020::1 10.4018/978-1-4666-5962-9.ch020::1 Mills, Colleen E. / University of Canterbury, New Zealand .............................................................160 10.4018/978-1-4666-5962-9.ch009::1 10.4018/978-1-4666-5962-9.ch009::1 Molina-Ramírez, Ericka / National Polytechnic Institute, Mexico ..................................................398 10.4018/978-1-4666-5962-9.ch019::2 10.4018/978-1-4666-5962-9.ch019::2 Raposo, Mário L. / University of Beira Interior (UBI), Portugal & NECE - Research Unit in Business Sciences, Portugal ........................................................................................................................180 10.4018/978-1-4666-5962-9.ch010::2 10.4018/978-1-4666-5962-9.ch010::2 Redien-Collot, Renaud / Novancia Business School, France ...........................................................143 10.4018/978-1-4666-5962-9.ch008::1 10.4018/978-1-4666-5962-9.ch008::1 Roessl, Dietmar / WU Vienna University of Economics and Business, Austria ................................266 10.4018/978-1-4666-5962-9.ch013::2 10.4018/978-1-4666-5962-9.ch013::2 Schneider, Robert C. / The College at Brockport, SUNY, USA ........................................................305 10.4018/978-1-4666-5962-9.ch015::1 10.4018/978-1-4666-5962-9.ch015::1 Sirén, Charlotta A. / University of Vaasa, Finland & Luleå University of Technology, Sweden .......55 10.4018/978-1-4666-5962-9.ch004::1 10.4018/978-1-4666-5962-9.ch004::1 Sisay, Susan / Glyndwr University, UK .................................................................................................1 10.4018/978-1-4666-5962-9.ch001::2 10.4018/978-1-4666-5962-9.ch001::2 Sit, Jason Kokho / Bournemouth University, UK ...............................................................................40 10.4018/978-1-4666-5962-9.ch003::3 10.4018/978-1-4666-5962-9.ch003::3 Sultan, Parves / Central Queensland University, Australia ................................................................40 10.4018/978-1-4666-5962-9.ch003::2 10.4018/978-1-4666-5962-9.ch003::2 Todorov, Kiril / University of National and World Economy, Bulgaria .............................................98 10.4018/978-1-4666-5962-9.ch006::1 10.4018/978-1-4666-5962-9.ch006::1 Vasilska, Maria / University of National and World Economy, Bulgaria .........................................372 10.4018/978-1-4666-5962-9.ch018::1 10.4018/978-1-4666-5962-9.ch018::1 Winch, Graham W. / University of Plymouth, UK .............................................................................77 10.4018/978-1-4666-5962-9.ch005::2 10.4018/978-1-4666-5962-9.ch005::2 Wong, Ho Yin / Deakin University, Australia .....................................................................................40 10.4018/978-1-4666-5962-9.ch003::1 10.4018/978-1-4666-5962-9.ch003::1 Table of Contents Preface................................................................................................................................................xxii 10.4018/978-1-4666-5962-9.chpre Acknowledgment.............................................................................................................................xxviii 10.4018/978-1-4666-5962-9.chack Section 1 10.4018/978-1-4666-5962-9.chs01 Foundations of Strategic Management in SMEs 10.4018/978-1-4666-5962-9.chs01 Chapter 1 10.4018/978-1-4666-5962-9.ch001 Strategic.Management.in.SMEs:.An.Orientation.Approach....................................................................1 10.4018/978-1-4666-5962-9.ch001 Rosalind Jones, University of Birmingham, UK 10.4018/978-1-4666-5962-9.ch001::1 Susan Sisay, Glyndwr University, UK 10.4018/978-1-4666-5962-9.ch001::2 Chapter 2 10.4018/978-1-4666-5962-9.ch002 Strategic.Management.Overview.and.SME.in.Globalized.World.........................................................22 10.4018/978-1-4666-5962-9.ch002 Neeta Baporikar, Sultanate of Oman Ministry of Higher Education, CAS-Salalah, Oman 10.4018/978-1-4666-5962-9.ch002::1 Chapter 3 10.4018/978-1-4666-5962-9.ch003 Environmental.Scanning.–.An.Information.System.Framework.for.Strategic.Decisions.in.SMEs:.. A.Case.Study.Analysis...........................................................................................................................40 10.4018/978-1-4666-5962-9.ch003 Ho Yin Wong, Deakin University, Australia 10.4018/978-1-4666-5962-9.ch003::1 Parves Sultan, Central Queensland University, Australia 10.4018/978-1-4666-5962-9.ch003::2 Jason Kokho Sit, Bournemouth University, UK 10.4018/978-1-4666-5962-9.ch003::3 En Li, Central Queensland University, Australia 10.4018/978-1-4666-5962-9.ch003::4 Jia-Yi Hung, Tzu Chi College of Technology, Taiwan 10.4018/978-1-4666-5962-9.ch003::5 Chapter 4 10.4018/978-1-4666-5962-9.ch004 Strategic.Learning.for.Agile.Maneuvering.in.High.Technology.SMEs................................................55 10.4018/978-1-4666-5962-9.ch004 Charlotta A. Sirén, University of Vaasa, Finland & Luleå University of Technology, Sweden 10.4018/978-1-4666-5962-9.ch004::1 Marko Kohtamäki, University of Vaasa, Finland & Luleå University of Technology, Sweden 10.4018/978-1-4666-5962-9.ch004::2

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