IDEAS home Printed from https://ideas.repec.org/a/eee/eurman/v22y2004i2p231-243.html
   My bibliography  Save this article

Industry-Versus Firm-specific Effects on Performance:: Contrasting SMEs and Large-sized Firms

Author

Listed:
  • Caloghirou, Yiannis
  • Protogerou, Aimilia
  • Spanos, Yiannis
  • Papagiannakis, Lefteris

Abstract

The present study contrasts the impact of industry- and firm-specific factors on the profitability of business firms using survey and census data on a sample of Greek manufacturing firms. Industry effects are represented using industry concentration, product differentiation, and stage of life cycle. Firm factors include assets and dynamic capabilities. These assets are related to marketing, production, technology, and finance. While dynamic capabilities are related to the managerial processes of coordination/integration, learning, and the capacity to change. The results obtained provide strong evidence that firm factors exert a much stronger impact than industry, in both SMEs and large enterprises. The results also offer important insights on the differential impact of specific determinants of profitability between SMEs and large firms.

Suggested Citation

  • Caloghirou, Yiannis & Protogerou, Aimilia & Spanos, Yiannis & Papagiannakis, Lefteris, 2004. "Industry-Versus Firm-specific Effects on Performance:: Contrasting SMEs and Large-sized Firms," European Management Journal, Elsevier, vol. 22(2), pages 231-243, April.
    • Handle: RePEc:eee:eurman:v:22:y:2004:i:2:p:231-243
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S026323730400026X
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eurman:v:22:y:2004:i:2:p:231-243. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/115/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.