Impacts of symbiotic relationships on risk, return and value of micro-, small and medium enterprises
type: CreativeWork
description: This thesis investigates the impact of symbiotic relationships on risk, return and value of micro-, small and medium enterprises (MSMEs). The research study examines how connections and networking help MSMEs to enhance financial gains by maximising return and minimising risks associated with business performance. This thesis focuses on New Zealand MSMEs, as they are significant contributors to the country’s economy and provide employment opportunities for many people. Funds allocated by the New Zealand government to different business clusters indicate how the government pay attention to these associations making it pertinent to explore whether these MSMEs grow, and how helpful the concept of symbiosis is in promoting their growth. Globalization and changes in economic conditions can intensify competitive behaviour among businesses. While increased business competitiveness may have minimal effects on the business performance of large-sized firms, it can create challenges for MSMEs. Limitations of resources and finance, volatility and opacity can push these businesses to a critical juncture. In order to overcome these problems, many MSMEs’ owners have discarded the idea of flying solo, and adopted a synergistic model of working where everybody get benefits from cooperation. The concept of symbiosis is adopted as a strategic tool which can improve profitability, business survival rates, goodwill and growth potential, as well as reduce potential risk caused by the limitations of firm size. Symbiotic relationships can enhance the bottom-line and help businesses to be successful, as a consequence of creating innovative outcomes for individual firms, societies and countries. Although some previous studies discuss the impact of networks and connections, there is still considerable work to be done in evaluating the effects of business symbiosis, especially from a financial perspective. In order to do this, various financial theories, namely Signalling theory, Stakeholder th…
abstract: This thesis investigates the impact of symbiotic relationships on risk, return and value of micro-, small and medium enterprises (MSMEs). The research study examines how connections and networking help MSMEs to enhance financial gains by maximising return and minimising risks associated with business performance. This thesis focuses on New Zealand MSMEs, as they are significant contributors to the country’s economy and provide employment opportunities for many people. Funds allocated by the New Zealand government to different business clusters indicate how the government pay attention to these associations making it pertinent to explore whether these MSMEs grow, and how helpful the concept of symbiosis is in promoting their growth. Globalization and changes in economic conditions can intensify competitive behaviour among businesses. While increased business competitiveness may have minimal effects on the business performance of large-sized firms, it can create challenges for MSMEs. Limitations of resources and finance, volatility and opacity can push these businesses to a critical juncture. In order to overcome these problems, many MSMEs’ owners have discarded the idea of flying solo, and adopted a synergistic model of working where everybody get benefits from cooperation. The concept of symbiosis is adopted as a strategic tool which can improve profitability, business survival rates, goodwill and growth potential, as well as reduce potential risk caused by the limitations of firm size. Symbiotic relationships can enhance the bottom-line and help businesses to be successful, as a consequence of creating innovative outcomes for individual firms, societies and countries. Although some previous studies discuss the impact of networks and connections, there is still considerable work to be done in evaluating the effects of business symbiosis, especially from a financial perspective. In order to do this, various financial theories, namely Signalling theory, Stakeholder th…
author: Kijkasiwat, Ploypailin
keywords: Symbiotic Relationships, Micro-, Small and Medium Enterprises, Risk and Return
license: https://researchcommons.waikato.ac.nz/bitstreams/1eeefc02-74d0-47ec-8c31-b66098d85895/download
date published: 2019
date modified: 2026-07-24T05:57:24Z
provider: University Waikato
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: The University of Waikato