International Journal of Research Studies in Management
CollabWritive Special Issue
2025 Volume 13 Issue 2
Available Online: 25 March 2025
Author/s:
Huang, Xiaolei
Graduate School, Lyceum of the Philippines University – Batangas, Philippines
Abstract:
This study aimed to explore entrepreneurial orientation, resource allocation and strategic management practices in Chinese small and medium-sized enterprises (SMEs) and to construct a knowledge-based strategic management framework. Using a descriptive correlational research design, data were collected through a questionnaire from 419 employees of 15 SMEs in the cultural sector from five provinces in China. The study found that respondents generally agreed on the importance of entrepreneurial, market-oriented, and collaborative learning, and reached a consensus on prioritization, efficiency, and flexibility in resource allocation, which provides a basis for strategic planning and decision-making. In addition, firms demonstrated a strong strategic management framework for strategy formulation, implementation and evaluation. The study reveals a significant association between entrepreneurial orientation, resource allocation, and strategic management practices, and accordingly develops a knowledge-based strategic management framework to help SMEs achieve competitive advantage and long-term success. This study not only deepens the understanding of strategic management, but also provides practical methodological support for SMEs to optimize resource allocation, improve strategy execution, and ensure market competitiveness.
Keywords: entrepreneurial orientation, resource allocation, strategic management, knowledge-based framework, SMEs
DOI: https://doi.org/10.5861/ijrsm.2025.25022
Cite this article:
Huang, X. (2025). Entrepreneurship orientation, resource allocation, and strategic management practices: Basis for knowledge-based strategic management framework. International Journal of Research Studies in Management, 13(2), 57-73. https://doi.org/10.5861/ijrsm.2025.25022