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The role of productive efficiency on entry and post-entry performance under different strategic orientation: the case of the Greek plastics and rubber industry

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  • Kostas Tsekouras

    (Department of Economics, University of Patras, Patras, Greece)

  • Dimitris Skuras

    (Department of Economics, University of Patras, Patras, Greece)

  • Irene Daskalopoulou

    (Department of Economics, University of Peloponnese, Tripolis, Greece)

Abstract

The present study formulates and empirically tests the hypothesis that the post-entry performance and growth of new firms is affected by the way in which crucial resources are combined during the decision-making process to enter the industry or not. Further, the study empirically tests the hypothesis that multifaceted productive efficiency influences both the entry decision and the entrants' post-entry performance. The proposed analytical framework allows for testing these hypotheses under different strategic orientations assumed to be followed by entrants. Results of the estimated partial observability model provide support to these hypotheses in almost all of the examined cases. Copyright © 2008 John Wiley & Sons, Ltd.

Suggested Citation

  • Kostas Tsekouras & Dimitris Skuras & Irene Daskalopoulou, 2008. "The role of productive efficiency on entry and post-entry performance under different strategic orientation: the case of the Greek plastics and rubber industry," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 37-55.
    • Handle: RePEc:wly:mgtdec:v:29:y:2008:i:1:p:37-55
    DOI: 10.1002/mde.1399
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    Cited by:

    1. Kostas Kounetas, 2014. "Greek football clubs’ efficiency before and after Euro 2004 Victory: a bootstrap approach," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 22(4), pages 623-645, December.
    2. Kounetas, Kostas & Napolitano, Oreste, 2015. "Too much EMU? An investigation of technology gaps," MPRA Paper 67600, University Library of Munich, Germany.
    3. Constantina Backinezos & Stelios Panagiotou & Athina Rentifi, 2019. "Greek export performance: a constant market share analysis," Economic Bulletin, Bank of Greece, issue 50, pages 45-65, December.
    4. Nikos Vettas & Evangelia Velavanioti & Konstantinos Peppas & Michail Vasileiadis, 2019. "The evolution of new firm's characteristics in Greece before and during the economic adjustment programmes," Economic Bulletin, Bank of Greece, issue 50, pages 67-109, December.
    5. Kontolaimou, Alexandra & Kounetas, Konstantinos & Mourtos, Ioannis & Tsekouras, Kostas, 2012. "Technology gaps in European banking: Put the blame on inputs or outputs?," Economic Modelling, Elsevier, vol. 29(5), pages 1798-1808.
    6. Kontolaimou, Alexandra & Tsekouras, Kostas, 2010. "Are cooperatives the weakest link in European banking? A non-parametric metafrontier approach," Journal of Banking & Finance, Elsevier, vol. 34(8), pages 1946-1957, August.
    7. Heather D. Gibson & Georgia Pavlou & Christina Tsochatzi & Melina Vasardani, 2019. "Greece's integration into global value chains," Economic Bulletin, Bank of Greece, issue 50, pages 7-44, December.
    8. Faidon Kalfaoglou, 2019. "Cryptoassets: potential implications for financial stability," Economic Bulletin, Bank of Greece, issue 50, pages 111-134, December.

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