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Strategic agility, openness and performance: a mixed method comparative analysis of firms operating in developed and emerging markets

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dc.title Strategic agility, openness and performance: a mixed method comparative analysis of firms operating in developed and emerging markets en
dc.contributor.author Vrontis, Demetris
dc.contributor.author Belás, Jaroslav
dc.contributor.author Thrassou, Alkis
dc.contributor.author Santoro, Gabriele
dc.contributor.author Christofi, Michael
dc.relation.ispartof Review of Managerial Science
dc.identifier.issn 1863-6683 Scopus Sources, Sherpa/RoMEO, JCR
dc.identifier.issn 1863-6691 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2022
dc.type article
dc.language.iso en
dc.publisher Springer Heidelberg
dc.identifier.doi 10.1007/s11846-022-00562-4
dc.relation.uri https://link.springer.com/article/10.1007/s11846-022-00562-4
dc.subject emerging markets en
dc.subject external knowledge sourcing en
dc.subject strategic agility en
dc.subject open innovation en
dc.subject openness en
dc.subject performance en
dc.description.abstract This research delineates the relationship between strategic agility and performance, and proposes openness as a requisite means to fostering agility and enhancing performance. Methodologically, the research follows the pragmatist paradigm through a mixed-method research design, incorporating three separate studies. These comprise a CEO-based survey on foreign firms operating in emerging markets, a CEO-based survey on firms operating in developed countries, and CEO interviews, all of which are complimented by auxiliary instruments of secondary data and an expert panel. The research finds that strategic agility is vital for firms' performance in both developed and developing markets. Moreover, we found that while search depth amplifies the above relationship in both contexts, search breadth does it only in the context of foreign firms operating in emerging markets. The value of these findings stems from their elucidation of the role of strategic agility in emerging markets and its comparison to that of firms operating in developed countries; their insights into strategic agility's relationship with openness; their schematic culmination into a systemically and contextually depicted framework; and their prescriptive managerial implications. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1011025
utb.identifier.obdid 43883924
utb.identifier.scopus 2-s2.0-85132168795
utb.identifier.wok 000812595600001
utb.source J-wok
dc.date.accessioned 2022-07-13T14:42:41Z
dc.date.available 2022-07-13T14:42:41Z
dc.description.sponsorship Universita degli Studi di Torino within the CRUI-CARE Agreement
dc.description.sponsorship Università degli Studi di Torino, UNITO
dc.rights Attribution 4.0 International
dc.rights.uri https://creativecommons.org/licenses/by/4.0/
dc.rights.access openAccess
utb.contributor.internalauthor Belás, Jaroslav
utb.contributor.internalauthor Santoro, Gabriele
utb.fulltext.affiliation Demetris Vrontis1 · Jaroslav Belas2 · Alkis Thrassou1 · Gabriele Santoro2,3 https://orcid.org/0000-0002-6407-483X · Michael Christofi4 ✉ Gabriele Santoro gabriele.santoro@unito.it Authors and Affiliations Demetris Vrontis1 · Jaroslav Belas2 · Alkis Thrassou1 · Gabriele Santoro2,3 https://orcid.org/0000-0002-6407-483X · Michael Christofi4 Demetris Vrontis vrontis.d@unic.ac.cy Jaroslav Belas belas@utb.cz Alkis Thrassou thrassou.a@unic.ac.cy Michael Christofi michael.christofi@cut.ac.cy 1 University of Nicosia, 46 Makedonitissas Avenue, P.O. Box 24005, 2417 Nicosia, Cyprus 2 Present Address: Faculty of Management and Economics, Tomas Bata University in Zlín, Mostní 5139, 760 01 Zlín, Czech Republic 3 University of Turin, Corso Unione Sovietica 218 bis, 1034, Turin, Italy 4 Cyprus University of Technology, Limassol, Cyprus
utb.fulltext.dates Received: 25 November 2021 Accepted: 24 May 2022 Published online: 18 June 2022
utb.fulltext.sponsorship Open access funding provided by Università degli Studi di Torino within the CRUI-CARE Agreement.
utb.wos.affiliation [Vrontis, Demetris; Thrassou, Alkis] Univ Nicosia, 46 Makedonitissas Ave,POB 24005, CY-2417 Nicosia, Cyprus; [Belas, Jaroslav; Santoro, Gabriele] Tomas Bata Univ Zlin, Fac Econ & Management, Mostni 5139, Zlin 76001, Czech Republic; [Santoro, Gabriele] Univ Turin, Corso Unione Sovietica 218 Bis, I-1034 Turin, Italy; [Christofi, Michael] Cyprus Univ Technol, Limassol, Cyprus
utb.scopus.affiliation University of Nicosia, 46 Makedonitissas Avenue, P.O. Box 24005, Nicosia, 2417, Cyprus; Faculty of Management and Economics, Tomas Bata University in Zlín, Mostní 5139, Zlín, 760 01, Czech Republic; University of Turin, Corso Unione Sovietica 218 bis, 1034, Turin, Italy; Cyprus University of Technology, Limassol, Cyprus
utb.fulltext.projects CRUI-CARE Agreement
utb.fulltext.faculty Faculty of Management and Economics
utb.fulltext.ou -
utb.identifier.jel O31
utb.identifier.jel O36
utb.identifier.jel L10
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