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Zsolt MatyuszCorvinus University of Budapest Institute of Business Economics Budapest Hungary

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Krisztina DemeterCorvinus University of Budapest Institute of Business Economics Budapest Hungary

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Csenge SzigetváriGrundfos A/S Bjerringbro Denmark

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The links between operational practices and performance are well studied in the literature, both theoretically and empirically. However, it is mostly internal factors that are inspected more closely as the basis of operational performance, even if the impact of external, environmental factors is often emphasized. Our research fills a part of this existing gap in the literature. We examine how two environmental factors, market dynamism and competition impact the use of some operational practices (such as quality improvement, product development, automation, etc.) and the resulting operations and business performance. The method of path analysis is used. Data were acquired through the International Manufacturing Strategy Survey, which was carried out in 2005 in 23 participating countries in so called “innovative” industries with a sample of 711 firms. Results show that both market dynamism and competition have a large impact on business performance, but the indirect effects, through operations practices are rather weak compared to direct ones. The most influential practices are from the area of process and control, and quality management.

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Editor-in-chief: Balázs SZENT-IVÁNYI

Co-Editors:

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  • István KÓNYA (Corvinus University, Budapest)
  • László SAJTOS (The University of Auckland)
  • Gábor VIRÁG (University of Toronto)

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  • Sándor BOZÓKI (Corvinus University Budapest)
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  • Zsolt DARVAS (Bruegel)
  • Szabina FODOR (Corvinus University Budapest)
  • Sándor GALLAI (Corvinus University Budapest)
  • László GULÁCSI (Óbuda University)
  • Dóra GYŐRFFY (Corvinus University Budapest)
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  • Krisztina KOLOS (Corvinus University Budapest)
  • Alexandra KÖVES (Corvinus University Budapest)
  • Lacina LUBOR (Mendel University in Brno)
  • Péter MEDVEGYEV (Corvinus University Budapest)
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  • Petrus H. POTGIETER (University of South Africa)
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Society and Economy
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Society and Economy
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ISSN 1588-9726 (Print)
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