Strategic Model Analysis of Taiwan's SMEs
Although a large number of academic studies carried out in many countries over the years have verified the influencing factor of industry structure, empirical evidence of this on industry structure performance remains inconclusive. While recognizing the important function that the factor of industry structure plays in driving companies to achieve outstanding performances, our theoretical model describes how small and medium-sized enterprises (SMEs) can affect corporate performance through their own regulatory mechanisms between dynamic capabilities and environmental factors. We tested our points of view on the background of small and medium-sized manufacturers in Taiwan. In this study, 240 SMEs were found to have adopted prospector strategies and 165 SMEs were found to have adopted reactor strategies. These findings provide supporting evidence for an adjusted model of the SME industry structure factor on export performance.
Keywords - SME, unit integration, economies of scale