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Social resource orchestration and growth of small and medium enterprises: A systematic review
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Small and Medium Enterprises (SMEs) are crucial in global economic growth, job creation, and innovation. However, many SMEs, particularly in developing regions, continue to face challenges that hinder their growth, and the contribution of social resource orchestration to SME growth has not been adequately investigated. This systematic review synthesises the research stream to clarify the impact of social resource orchestration on SME growth and its mechanisms. The studies were evaluated using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) framework. Results indicate that most studies were conducted in the Global South, particularly in Africa and Asia. The studies consistently highlight the importance of social resource orchestration in shaping SME growth. Social networks, including relationships with customers, partners, and financial institutions, positively influence various SME outcomes, such as business growth, innovation, and economic performance, with effect sizes showing moderate to strong positive associations. However, direct links to SME growth were implied rather than explicitly stated. This analysis signals that while social networks are valued for improving performance metrics, the pathway to sustained growth through social resource orchestration requires further research. Addressing this gap could clarify how specific orchestration strategies support SMEs' growth.
University of Belgrade - Technical Faculty in Bor, Bor
Title: Social resource orchestration and growth of small and medium enterprises: A systematic review
Description:
Small and Medium Enterprises (SMEs) are crucial in global economic growth, job creation, and innovation.
However, many SMEs, particularly in developing regions, continue to face challenges that hinder their growth, and the contribution of social resource orchestration to SME growth has not been adequately investigated.
This systematic review synthesises the research stream to clarify the impact of social resource orchestration on SME growth and its mechanisms.
The studies were evaluated using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) framework.
Results indicate that most studies were conducted in the Global South, particularly in Africa and Asia.
The studies consistently highlight the importance of social resource orchestration in shaping SME growth.
Social networks, including relationships with customers, partners, and financial institutions, positively influence various SME outcomes, such as business growth, innovation, and economic performance, with effect sizes showing moderate to strong positive associations.
However, direct links to SME growth were implied rather than explicitly stated.
This analysis signals that while social networks are valued for improving performance metrics, the pathway to sustained growth through social resource orchestration requires further research.
Addressing this gap could clarify how specific orchestration strategies support SMEs' growth.
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