Abstract

Recently, product development and its performance are the essential elements for the business organization that could enhance the firm performance and attains researchers' intentions. Therefore, the present study examines the impact of human, structural and relational capital on product development performance in manufacturing organizations in Indonesia. The goals also include examining the mediating role of organizational learning capabilities and R&D resources among the nexus of human, structural and relational capital and product development performance in manufacturing organizations in Indonesia. The study's quantitative data collection methods have been adopted and collect the data by using survey questionnaires. The smart-PLS, a useful statistical tool, has been employed for analysis purposes. The findings revealed that human, structural and relational capital have positive nexus with product development performance. The outcomes also show that organizational learning capabilities and R&D resources mediate the nexus of human, structural, and relational capital and product development performance in Indonesia's manufacturing organizations. These findings provide the guideline to the regulators that they should take valuable capital development and learning capabilities that could enhance the product development performance and firm performance.

Highlights

  • Debt finance availability for small and medium enterprises (SMEs) is a topic of important research concern to academics and around the world, an issue of excessive significance to policymakers

  • Research shows that debt financing supports small and medium enterprises with different financing instruments

  • Small and medium enterprises have a significant contribution to the economic growth of Pakistan

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Summary

Introduction

Debt finance availability for small and medium enterprises (SMEs) is a topic of important research concern to academics and around the world, an issue of excessive significance to policymakers. Financial institutions in Pakistan have different structures and lending infrastructure due to which system affects SMEs' finance availability These financial institutions are the sources of credit availability The sources of finance government of Pakistan interest in improving small and medium enterprises (SMEs) and making policies about external finance. These sources used different modes of finance. Different finance modes are factoring by a bank, trade credit, short term loan, personal funds, overdraft, and working capital These are short-term modes of finance that are provided for small and medium enterprises (SMEs). Commercial paper, project finance, and long-term loan; are the extended tenure modes of finance for SMEs

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