Surviving or thriving: The role of learning for the resilient performance of small firms

Battisti, Martina, Beynon, Malcolm ORCID: https://orcid.org/0000-0002-5757-270X, Pickernell, David and Deakins, David 2019. Surviving or thriving: The role of learning for the resilient performance of small firms. Journal of Business Research 100 , pp. 38-50. 10.1016/j.jbusres.2019.03.006

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Abstract

Building on a longitudinal dataset of 245 small firms covering the period of the Global Financial Crisis, this study uses, in combination with fuzzy clustering, the N-State Classification and Ranking Belief Simplex (NCaRBS) technique. This technique, able to deal with ambiguous outcome variables, small datasets, incomplete data and relationships that have the potential to be non-linear, is used to explore the relationship between learning and the resilient performance of small firms. Our findings provide a fine-grained picture of the complex relationships between strategic, cognitive and behavioural learning mechanisms and three resilient performance clusters – sustained performance, stability, and survival – which has implications for theory, as well as practice. By examining learning at the level of the individual owner-manager and also the organisation, we contribute to a better understanding of the role of specific learning mechanisms, a role that is still not well understood.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Publisher:	Elsevier
ISSN:	0148-2963
Date of First Compliant Deposit:	11 March 2019
Date of Acceptance:	2 March 2019
Last Modified:	16 Nov 2024 06:15
URI:	https://orca.cardiff.ac.uk/id/eprint/120519

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