Business coping strategy, entrepreneurial orientation, improvisational competence, and crisis readiness of the Malaysian medium-sized manufacturing enterprises in recessionary times

Business coping strategy, entrepreneurial orientation, improvisational competence, and crisis readiness of the Malaysian medium-sized manufacturing enterprises in recessionary times

The main issue of this thesis was the hampered performance of the manufacturing small-and-medium-sized enterprises (SMEs) in Malaysia during economic recessions. The bona fide respondents of the study were the medium-sized manufacturing enterprises (MMEs). Crisis readiness (CR) was proposed as the s...

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Main Author: Yong, Irene Seok Ching
Format: Thesis
Language:eng
eng
Published: 2016
Subjects:
HB615-715 Entrepreneurship
Risk and uncertainty
Property
TS Manufactures
Online Access:https://etd.uum.edu.my/6264/1/s92115_01b.pdf
https://etd.uum.edu.my/6264/2/s92115_02.pdf
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id my-uum-etd.6264
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Mahmood, Rosli
topic HB615-715 Entrepreneurship
Risk and uncertainty
Property
TS Manufactures
spellingShingle HB615-715 Entrepreneurship
Risk and uncertainty
Property
TS Manufactures
Yong, Irene Seok Ching
Business coping strategy, entrepreneurial orientation, improvisational competence, and crisis readiness of the Malaysian medium-sized manufacturing enterprises in recessionary times
description The main issue of this thesis was the hampered performance of the manufacturing small-and-medium-sized enterprises (SMEs) in Malaysia during economic recessions. The bona fide respondents of the study were the medium-sized manufacturing enterprises (MMEs). Crisis readiness (CR) was proposed as the surrogate measure for firm performance. While CR was examined in relationships to business coping strategy (BCS) and entrepreneurial orientation (EO), this study also assessed the mediating effect of improvisational competence (IC) on the BCS-CR relationship. Altogether, a three-pronged-objective research framework was theoretically underpinned by resource-based view. Simple random sampling technique was used to select the targeted respondents. Of the 295 usable responses, a random near-split-half of 145 and 150 were used for exploratory and confirmatory factor analysis respectively. Statistically significant positive relationships were found in two direct relationships: BCS-CR and EO-CR, while IC was found to mediate the BCS-CR relationship. Significant positive relationships were also evident between all dimensions of EO and CR, except risk-taking. While CR was a new performance surrogate, its examination with BCS, EO, and IC contributed nascent theoretical insights. Other theoretical gaps included the development and validation of the BCS and bricolage scales, psychometric revisions of the CR and IC scales, and the incorporation of a vignette into the measurement to provide standardization as to the recessionary context understudied. Practically, the findings provided the manufacturing entrepreneurs some guidance on the appropriate response strategy and decision making which would better-position them in recessionary situations. Likewise, the understandings may also assist the policy makers to develop or to adjust policies to better-fabricate assistance channelled to MMEs. Towards the end, methodological limitations and potential avenues for future research were also identified.
format Thesis
qualification_name Ph.D.
qualification_level Doctorate
author Yong, Irene Seok Ching
author_facet Yong, Irene Seok Ching
author_sort Yong, Irene Seok Ching
title Business coping strategy, entrepreneurial orientation, improvisational competence, and crisis readiness of the Malaysian medium-sized manufacturing enterprises in recessionary times
title_short Business coping strategy, entrepreneurial orientation, improvisational competence, and crisis readiness of the Malaysian medium-sized manufacturing enterprises in recessionary times
title_full Business coping strategy, entrepreneurial orientation, improvisational competence, and crisis readiness of the Malaysian medium-sized manufacturing enterprises in recessionary times
title_fullStr Business coping strategy, entrepreneurial orientation, improvisational competence, and crisis readiness of the Malaysian medium-sized manufacturing enterprises in recessionary times
title_full_unstemmed Business coping strategy, entrepreneurial orientation, improvisational competence, and crisis readiness of the Malaysian medium-sized manufacturing enterprises in recessionary times
title_sort business coping strategy, entrepreneurial orientation, improvisational competence, and crisis readiness of the malaysian medium-sized manufacturing enterprises in recessionary times
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2016
url https://etd.uum.edu.my/6264/1/s92115_01b.pdf
https://etd.uum.edu.my/6264/2/s92115_02.pdf
_version_ 1747828047856271360
spelling my-uum-etd.62642021-12-08T03:19:09Z Business coping strategy, entrepreneurial orientation, improvisational competence, and crisis readiness of the Malaysian medium-sized manufacturing enterprises in recessionary times 2016 Yong, Irene Seok Ching Mahmood, Rosli Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HB615-715 Entrepreneurship. Risk and uncertainty. Property TS Manufactures The main issue of this thesis was the hampered performance of the manufacturing small-and-medium-sized enterprises (SMEs) in Malaysia during economic recessions. The bona fide respondents of the study were the medium-sized manufacturing enterprises (MMEs). Crisis readiness (CR) was proposed as the surrogate measure for firm performance. While CR was examined in relationships to business coping strategy (BCS) and entrepreneurial orientation (EO), this study also assessed the mediating effect of improvisational competence (IC) on the BCS-CR relationship. Altogether, a three-pronged-objective research framework was theoretically underpinned by resource-based view. Simple random sampling technique was used to select the targeted respondents. Of the 295 usable responses, a random near-split-half of 145 and 150 were used for exploratory and confirmatory factor analysis respectively. Statistically significant positive relationships were found in two direct relationships: BCS-CR and EO-CR, while IC was found to mediate the BCS-CR relationship. Significant positive relationships were also evident between all dimensions of EO and CR, except risk-taking. While CR was a new performance surrogate, its examination with BCS, EO, and IC contributed nascent theoretical insights. Other theoretical gaps included the development and validation of the BCS and bricolage scales, psychometric revisions of the CR and IC scales, and the incorporation of a vignette into the measurement to provide standardization as to the recessionary context understudied. Practically, the findings provided the manufacturing entrepreneurs some guidance on the appropriate response strategy and decision making which would better-position them in recessionary situations. Likewise, the understandings may also assist the policy makers to develop or to adjust policies to better-fabricate assistance channelled to MMEs. Towards the end, methodological limitations and potential avenues for future research were also identified. 2016 Thesis https://etd.uum.edu.my/6264/ https://etd.uum.edu.my/6264/1/s92115_01b.pdf text eng public https://etd.uum.edu.my/6264/2/s92115_02.pdf text eng public Ph.D. doctoral Universiti Utara Malaysia Aagard, M. 2009. Bricolage: Making do with what is at hand. 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