Firm Specific Capability Organisational Structure and New Product Performance of Fast Moving Consumer Goods Manufacturers in Emerging Economy

  • Onamusi Abiodun B PhD, Department of Management & Accounting, Lead City University, Ibadan, Nigeria
  • Adenekan Tolulope E Ph.D, Department of Information Management, Lead City University, Ibadan, Nigeria
  • Ojo Elizabeth O Postgraduate Student, Lead City University, Ibadan, Nigeria
  • Owolabi Olubukola A Postgraduate Student, Lead City University, Ibadan, Nigeria
Keywords: Firm-Specific Capability, Organizational Structure, New Product Performance, Dynamic Capability Theory, Structural Contingency Theory

Abstract

Purpose: This study was centered on understanding the linkages between internal organizational competencies and performance of new products and the role of organizational structure focusing on Fast Moving Consumer Goods (FMCGs) manufacturers in the South-Western States in Nigeria.

Methodology: A survey approach was adopted, and 529 employees of fifteen FMCGs took part in data gathering. A moderated regression analysis was used to test the hypotheses formulated

Findings: The results of the moderated regression analysis established that firm-specific capability significantly enhanced new product performance, and the introduction of a definitive organizational structure increased the established effect firm-specific capability had on new product performance to suggest a significant moderator.

Implications: Management of the FMCGs investigated need to strengthen their commitment to developing critical and dynamic firm-specific capability and understand the relevance of organizational structure appropriateness. The firms should possess the knowledge to deploy ambidextrous firm-specific capability; it would enable the firms to expand and explore market opportunities that facilitate achieving significant new product performance.  

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Published
2021-03-31
How to Cite
Abiodun B, O., Tolulope E, A., Elizabeth O, O., & Olubukola A, O. (2021). Firm Specific Capability Organisational Structure and New Product Performance of Fast Moving Consumer Goods Manufacturers in Emerging Economy. Sustainable Business and Society in Emerging Economies, 3(1), 1-11. https://doi.org/10.26710/sbsee.v3i1.1779