The Impact of Strategic Alignment between Resources to Enhance Malaysia's Biomass Industry Performance: A Resource-Based View (RBV) Approach

Abstract

Malaysia's biomass industry has a great potential to contribute to the national circular economy that offers a new stream of wealth creation to the nation. Nevertheless, there appears to be a scarcity of research that dwells on the biomass industry's organisational performance. Therefore, this study employed a secondary data analysis methodology to investigate the factors related to organisational performance. The findings from this study illuminated the effects of human resource management, organisational innovation and organisational culture on organisational performance. The pivotal contribution of this study is to highlight how these factors/resources influence organisational performance. Also, this study integrates resource-based view (RBV) theory and dynamic capabilities theory to delve into the realm of organisational performance in the biomass industry.