Relational governance mechanisms as enablers of dynamic capabilities in Nigerian SMEs during the COVID-19 crisis

Folajimi Ashiru, Emmanuel Adegbite, Franklin Nakpodia, Nikolina Koporcic

    Research output: Contribution to journalArticleScientificpeer-review

    15 Citations (Scopus)
    13 Downloads (Pure)

    Abstract

    During the COVID-19 crisis, small and medium-sized enterprises (SMEs) in developing markets, marred by significant institutional voids, grappled with a perennial lack of resources. This article seeks to understand how these SMEs activated their dynamic capabilities to manage business relationships during different phases of the crisis. Relying on the social exchange theory and drawing on semi-structured interviews with 42 business-to-business (B2B) SME owners in Nigeria, we examine the relational governance mechanisms of dynamic capabilities for SMEs during the COVID-19 crisis. Our findings reveal 12 relational governance mechanisms of dynamic capabilities of B2B SMEs. Furthermore, we disaggregate these 12 mechanisms into 34 relational governance micro-foundational components and demonstrate their relevance for B2B SMEs during different stages of the COVID-19 crisis in Nigeria.

    Original languageEnglish
    Pages (from-to)18-32
    Number of pages18
    JournalIndustrial Marketing Management
    Volume105
    DOIs
    Publication statusPublished - Aug 2022
    MoE publication typeA1 Journal article-refereed

    Fingerprint

    Dive into the research topics of 'Relational governance mechanisms as enablers of dynamic capabilities in Nigerian SMEs during the COVID-19 crisis'. Together they form a unique fingerprint.

    Cite this