Internal Resources, External Resources and Environment, and Firm Performance: A Study on Taiwanese Small and Medium Sized Firms

Abstract

本研究解釋公司的內部資源、外部資源與環境，如何影響公司績效。我們的研究模型檢驗公司的內部資源如何受社會資本及環境波動所調節，進而影響公司績效。我們搜集到140家台灣紡織與禮品產業中小企業廠商的問卷調查結果，實證結果支持我們的模型預測：公司的內部資源對公司績效有正面助益，並且同時受到社會資本及環境波動強弱不定的調節作用。本研究對決定台灣成熟產業中小企業的成功因素提供理論與實務上的見解與貢獻。

This paper explains how a firm's intern al resources, external resources, and external environment affect firm performance. Our research model examines how a firm's internal strategic resources are moderated by social capital and environmental turbulence to affect performance. Findings of an empirical survey of 140 Taiwanese small and medium sized enterprises (SMEs) specifically in the textile and giftware industries significantly support predictions of the positive effects of internal strategic resources on firm performance, Meanwhile, mixed results exist for the moderating effects of social capital and environmental turbulence. Our study makes contributions to both academia and industry by advancing knowledge of the determinants and implications of firm success in the context of Taiwanese SMEs operating in mature industries.