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dc.contributor.authorLópez-López, Vicente
dc.contributor.authorIglesias Antelo, Susana
dc.contributor.authorFernández, Esteban
dc.date.accessioned2021-01-18T08:14:48Z
dc.date.available2021-01-18T08:14:48Z
dc.date.issued2020
dc.identifier.citationLópez-López, V.; Iglesias-Antelo, S.; Fernández, E. Is Sustainable Performance Explained by Firm Effect in Small Business? Sustainability 2020, 12, 10028. https://doi.org/10.3390/su122310028es_ES
dc.identifier.issn2071-1050
dc.identifier.urihttp://hdl.handle.net/2183/27167
dc.description.abstract[Abstract] To what extent a firm’s resources (firm effect) and the structure of the sector (industry effect) are sources of a firm’s competitiveness has been debated for years in strategic management. Most of the empirical studies carried out have focused on large firms and have used static performance measures, and in them the firm effect generally outweighs the industry effect. This research contributes to this debate in trying to verify whether the competitive advantage that relies on the firm’s resources is sustainable, especially in small firms. We used a sample of almost 15,000 Spanish firms to test the impact that the firm and the industry effects have on sustainable performance, for both small and large firms, applying hierarchical linear modelling with a variable measured through time-varying parameters. Our results confirm the absolute importance of the firm effect on sustainable organizational performance, regardless the firm size, and show that, even though the industry effect has little weight in explaining sustainability, it is significantly higher in the case of small firms. This means that managers must concentrate efforts on providing their firm with the necessary resources to achieve a competitive advantage while choosing a good sector to position itself.es_ES
dc.language.isoenges_ES
dc.publisherMDPI
dc.relation.urihttps://doi.org/10.3390/su122310028es_ES
dc.rightsAtribución 4.0 Internacionales_ES
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectSustainable performancees_ES
dc.subjectResource-based viewes_ES
dc.subjectSmall businesses_ES
dc.subjectFirm effectes_ES
dc.subjectHierarchical linear modellinges_ES
dc.titleIs Sustainable Performance Explained by Firm Effect in Small Business?es_ES
dc.typeinfo:eu-repo/semantics/articlees_ES
dc.rights.accessinfo:eu-repo/semantics/openAccesses_ES
UDC.journalTitleSustainabilityes_ES
UDC.volume12es_ES
UDC.issue23es_ES
UDC.startPage1es_ES
UDC.endPage13es_ES


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