Relationship between market orientation and business performance in Czech and German high-tech firms

Jangl, Patrik

dc.title	Relationship between market orientation and business performance in Czech and German high-tech firms	en
dc.contributor.author	Jangl, Patrik
dc.relation.ispartof	Market-Trziste
dc.identifier.issn	0353-4790 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued	2015
utb.relation.volume	27
utb.relation.issue	2
dc.citation.spage	153
dc.citation.epage	170
dc.type	article
dc.language.iso	en
dc.publisher	Cromar
dc.relation.uri	https://hrcak.srce.hr/151319
dc.relation.uri	https://hrcak.srce.hr/file/222589
dc.subject	market orientation	en
dc.subject	business performance	en
dc.subject	high-tech sector	en
dc.subject	multiple regression analysis	en
dc.subject	Czech Republic	en
dc.subject	Germany	en
dc.description.abstract	The main goal of this paper is to find out an index of market orientation, and explore the relationship between four components of market orientation in high-tech firms and their business performance. Business performance was studied as a one-dimensional construct. Market orientation in this study is defined as a process of intelligence generation about customers and competitors, intelligence dissemination and integration within the company across teams, and responsiveness to market intelligence in the form of coordinated action. The statistical sample was represented by 164 Czech and 187 German high-tech firms in the manufacturing industry. Respondents (sales and marketing managers) completed a questionnaire and marked their rate of approval with individual statements on a Likert scale ranging from 1 to 7. Market orientation and business performance level was determined as the arithmetic mean ((x) over bar) of the measured values. Depending on the size of the total market orientation index (MOI), Czech ((x) over bar =5.2) and German ((x) over bar =5.14) high-tech firms are medium market-oriented. The business performance index (BPI) reached a slightly higher value in Germany ((x) over bar =5.22) as compared to the Czech Republic ((x) over bar =5.13). The main method to reach the target was correlation and regression analysis. This study confirmed a hypothesis about the existence of a correlation between components of market orientation and business performance. Three of the four relationships in the multiple regression model were significant. On the other hand, the study found no positive significant correlation between competitor intelligence generation and business performance.	en
utb.faculty	Faculty of Management and Economics
dc.identifier.uri	http://hdl.handle.net/10563/1008205
utb.identifier.obdid	43873477
utb.identifier.wok	000438142700002
utb.source	j-wok
dc.date.accessioned	2018-10-03T11:13:02Z
dc.date.available	2018-10-03T11:13:02Z
dc.description.sponsorship	Internal Grant Agency of FaME TBU [IGA/FaME/2013/029]
dc.rights	Attribution-NonCommercial 4.0 International
dc.rights.uri	https://creativecommons.org/licenses/by-nc/4.0/
dc.rights.access	openAccess
utb.contributor.internalauthor	Jangl, Patrik
utb.fulltext.affiliation	Patrik Jangl Ph. D. Candidate in Economics and Management Tomas Bata University in Zlín Mostní 5139, 760 01 Zlín, CZECH REPUBLIC Phone: ++420 576 032 120 E-mail: jangl@seznam.cz
utb.fulltext.dates	-
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utb.fulltext.sponsorship	The Author is grateful to the Internal Grant Agency of FaME TBU No. IGA/FaME/2013/029 (Measurement of market orientation of a firm and development of a new model with a focus on contemporary trends in management and marketing) for providing the financial support to carry out this research.
utb.wos.affiliation	[Jangl, Patrik] Tomas Bata Univ Zlin, Econ & Management, Mostni 5139, Zlin 76001, Czech Republic
utb.fulltext.projects	IGA/FaME/2013/029