Synergistic model to boost business performance: a New Zealand case study
Journal of Small Business and Enterprise Development
ISSN: 1462-6004
Article publication date: 14 September 2021
Issue publication date: 4 April 2022
Abstract
Purpose
This study investigates whether there is an association between business symbiosis and the performance of micro, small and medium enterprises (MSMEs).
Design/methodology/approach
The authors conducted 200 surveys, using ordered logistic regression to evaluate the results. Participants are MSME business owners in Cambridge, New Zealand.
Findings
The authors found that connections with banks and other businesses in the same and across different industries, positively associates with changes in MSME profitability. Additionally, operating a business as a franchisee under the regulations or headquarter issued rules is positively associated with change in net profit.
Originality/value
While there are limitations with cross-sectional data, the study indicates a mechanism and frameworks for policy analysis when deciding on allocation of funds to particular networks.
Keywords
Acknowledgements
The authors would like to thank The University of Waikato, New Zealand and Khon Kaen University, Thailand for supporting research facilities. The authors are indebted to editors and anonymous referees for very helpful comments which have substantially improved the earlier version. Any errors are ours.
Citation
Kijkasiwat, P., Cave, J., Hewa Wellalage, N. and Locke, S. (2022), "Synergistic model to boost business performance: a New Zealand case study", Journal of Small Business and Enterprise Development, Vol. 29 No. 2, pp. 241-260. https://doi.org/10.1108/JSBED-03-2020-0063
Publisher
:Emerald Publishing Limited
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