Resource Re-orchestration and firm survival in crisis periods: The role of business models of technology MNEs during COVID-19

被引:8
|
作者
Attah-Boakye, Rexford [1 ]
Adams, Kweku [2 ]
Hernandez-Perdomo, Elvis [3 ]
Yu, Honglan [4 ]
Johansson, Jeaneth [5 ,6 ]
机构
[1] Univ Nottingham, Wollaton Rd, Nottingham NG8 1BB, Notts, England
[2] Univ Bradford, Bright Bldg, Bradford BD7 1SR, England
[3] OSL Risk Management Ltd, Kingston Upon Hull, England
[4] Univ Huddersfield Queensgate, Huddersfield HD1 3DH, England
[5] Halmstad Univ, SE-30118 Halmstad, Sweden
[6] Lulea Univ Technol, SE-30118 Halmstad, Sweden
关键词
Business models; Artificial intelligence; Machine learning; Digitalisation; Agility; Resource orchestrations; INVESTMENT STRATEGIES; DECISION-MAKING; INNOVATION; PERFORMANCE; MANAGEMENT; RESILIENCE; PROMETHEE; SYSTEMS; MARKET; GROWTH;
D O I
10.1016/j.technovation.2023.102769
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
Using data from world-leading digital-driven/technology multinational enterprises (DTMNEs), we draw from the resource orchestration theory to investigate the associations between business model (BM) drivers and firm performance during crisis periods. Drawing on data from the COVID-19 pandemic period, we deploy diverse analytical approaches including multivariate linear regressions and aggregated composite index statistical methods in examining how the BMs of our sampled DTMNEs drive firm performance. Our study highlights six methodological approaches that can be utilised by decision-makers in examining which variables in their BM drive better firm performance. Our findings revealed that the principal component analysis and multicriteria decision analysis (PROMETHEE methods) that espouse the use of aggregate composite index can provide sig-nificant and consistent predictive results in comparison to the traditional linear methods when examining the association between BM and firm performance during crisis periods. The paper provides policy and managerial implications on how firms and decision-makers can bolster business continuity, resilience, and plasticity by using analytical lenses that identify optimum resource orchestration during crises.
引用
收藏
页数:17
相关论文
共 50 条
  • [1] A literature review exploring the role of technology in business survival during the Covid-19 lockdowns
    Abed, Salma S.
    [J]. INTERNATIONAL JOURNAL OF ORGANIZATIONAL ANALYSIS, 2022, 30 (05) : 1045 - 1062
  • [2] The role of business model innovation in the hospitality industry during the COVID-19 crisis
    Breier, Matthias
    Kallmuenzer, Andreas
    Clauss, Thomas
    Gast, Johanna
    Kraus, Sascha
    Tiberius, Victor
    [J]. INTERNATIONAL JOURNAL OF HOSPITALITY MANAGEMENT, 2021, 92
  • [3] Resilience of rural businesses in times of crisis: Firm survival during the COVID-19 pandemic in Finland
    Mitze, Timo
    Makkonen, Teemu
    [J]. INTERNATIONAL JOURNAL OF ENTREPRENEURSHIP AND INNOVATION, 2024, 25 (02): : 76 - 89
  • [4] Firm efficiency and stock returns during the COVID-19 crisis
    Neukirchen, Daniel
    Engelhardt, Nils
    Krause, Miguel
    Posch, Peter N.
    [J]. FINANCE RESEARCH LETTERS, 2022, 44
  • [5] The role of resource orchestration in humanitarian operations: a COVID-19 case in the US healthcare
    Baltas, Konstantinos
    Jayasekera, Ranadeva
    Uddin, Gazi Salah
    Papadopoulos, Thanos
    [J]. ANNALS OF OPERATIONS RESEARCH, 2022,
  • [6] Role of Blockchain Technology in Combating COVID-19 Crisis
    Alsaed, Zaina
    Khweiled, Raghad
    Hamad, Mousab
    Daraghmi, Eman
    Cheikhrouhou, Omar
    Alhakami, Wajdi
    Hamam, Habib
    [J]. APPLIED SCIENCES-BASEL, 2021, 11 (24):
  • [7] Turnaround and human resource strategies during the COVID-19 crisis
    Carlos Rivera-Prieto, Juan
    Santana, Monica
    Lopez-Cabrales, Alvaro
    [J]. BRQ-BUSINESS RESEARCH QUARTERLY, 2022,
  • [8] Demand and Supply Disruptions During the Covid-19 Crisis on Firm Productivity
    Hasan F.
    Bellenstedt M.F.R.
    Islam M.R.
    [J]. Global Journal of Flexible Systems Management, 2023, 24 (1) : 87 - 105
  • [9] Financial Derivatives Usage and Firm Value in Turbulent Periods: Comparative Evidence from India during the COVID-19 Crisis
    Samarakoon, S. M. R. K.
    Pradhan, Rudra P.
    Gunathunga, I. K. D.
    Tripathy, Sasikanta
    [J]. ASIA-PACIFIC FINANCIAL MARKETS, 2024,
  • [10] Fast fashion: business models and strategies for adapting to the COVID-19 crisis
    Li, Ling
    [J]. JOURNAL OF FASHION MARKETING AND MANAGEMENT, 2022, : 452 - 469