The influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability: the case of Small and Medium Enterprises (SMEs) in Malaysia

Technological change is continuous in the dynamic business world. In the competitive world, companies are struggling to create, maintain and sustain competitive advantage for superior performance and survival in the business. While survival for profitability and growth is essential, business contin...

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Main Authors:	Gerinsa, Muhammad Mikhail, Mhd. Sarif, Suhaimi
Format:	Article
Language:	English
Published:	International Journal of Business, Economics and Law 2019
Subjects:	HD72 Economic growth, development, planning HF5001 Business. Business Administration HF5387 Business ethics
Online Access:	http://irep.iium.edu.my/71444/ http://irep.iium.edu.my/71444/ http://irep.iium.edu.my/71444/1/71444_The%20influence%20of%20ukhuwwah%20in%20the%20dynamic.pdf

id	iium-71444
recordtype	eprints
spelling	iium-714442019-07-12T03:52:34Z http://irep.iium.edu.my/71444/ The influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability: the case of Small and Medium Enterprises (SMEs) in Malaysia Gerinsa, Muhammad Mikhail Mhd. Sarif, Suhaimi HD72 Economic growth, development, planning HF5001 Business. Business Administration HF5387 Business ethics Technological change is continuous in the dynamic business world. In the competitive world, companies are struggling to create, maintain and sustain competitive advantage for superior performance and survival in the business. While survival for profitability and growth is essential, business continuity for sustainability is paramount. This is more challenging among small and medium enterprises when they are more vulnerable to the dynamic changes in the market. Nevertheless, the similar nature of SMEs in terms of size, nature and tenure, allows them to have more cohesiveness, or ukhuwwah in the Tawhidic paradigm. Ukhuwwah is long tenured relationship among members to attain for common goals. This study aims to explore the influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability among SMEs in Malaysia. This study is very significant in terms of its contribution to the theory and practice from contingency perspectives, which is based on soul, spirituality and consciousness. The study used personal interview with managers of SMEs to solicit their views pertaining to the influence of ukhuwwah in sustaining their businesses. The informants argued that technological change helps to create competitive advantage for them through strategic alliances and smart partnership among the SMEs that facilitated by financing agencies and sponsors of ventures. The future study should use case study method to include more perspectives from key stakeholders. International Journal of Business, Economics and Law 2019-04-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/71444/1/71444_The%20influence%20of%20ukhuwwah%20in%20the%20dynamic.pdf Gerinsa, Muhammad Mikhail and Mhd. Sarif, Suhaimi (2019) The influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability: the case of Small and Medium Enterprises (SMEs) in Malaysia. International Journal of Business, Economics and Law, 18 (6). pp. 21-29. ISSN 2289-1552 https://www.ijbel.com/wp-content/uploads/2019/03/KLIISC_8_011.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HD72 Economic growth, development, planning HF5001 Business. Business Administration HF5387 Business ethics
spellingShingle	HD72 Economic growth, development, planning HF5001 Business. Business Administration HF5387 Business ethics Gerinsa, Muhammad Mikhail Mhd. Sarif, Suhaimi The influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability: the case of Small and Medium Enterprises (SMEs) in Malaysia
description	Technological change is continuous in the dynamic business world. In the competitive world, companies are struggling to create, maintain and sustain competitive advantage for superior performance and survival in the business. While survival for profitability and growth is essential, business continuity for sustainability is paramount. This is more challenging among small and medium enterprises when they are more vulnerable to the dynamic changes in the market. Nevertheless, the similar nature of SMEs in terms of size, nature and tenure, allows them to have more cohesiveness, or ukhuwwah in the Tawhidic paradigm. Ukhuwwah is long tenured relationship among members to attain for common goals. This study aims to explore the influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability among SMEs in Malaysia. This study is very significant in terms of its contribution to the theory and practice from contingency perspectives, which is based on soul, spirituality and consciousness. The study used personal interview with managers of SMEs to solicit their views pertaining to the influence of ukhuwwah in sustaining their businesses. The informants argued that technological change helps to create competitive advantage for them through strategic alliances and smart partnership among the SMEs that facilitated by financing agencies and sponsors of ventures. The future study should use case study method to include more perspectives from key stakeholders.
format	Article
author	Gerinsa, Muhammad Mikhail Mhd. Sarif, Suhaimi
author_facet	Gerinsa, Muhammad Mikhail Mhd. Sarif, Suhaimi
author_sort	Gerinsa, Muhammad Mikhail
title	The influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability: the case of Small and Medium Enterprises (SMEs) in Malaysia
title_short	The influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability: the case of Small and Medium Enterprises (SMEs) in Malaysia
title_full	The influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability: the case of Small and Medium Enterprises (SMEs) in Malaysia
title_fullStr	The influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability: the case of Small and Medium Enterprises (SMEs) in Malaysia
title_full_unstemmed	The influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability: the case of Small and Medium Enterprises (SMEs) in Malaysia
title_sort	influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability: the case of small and medium enterprises (smes) in malaysia
publisher	International Journal of Business, Economics and Law
publishDate	2019
url	http://irep.iium.edu.my/71444/ http://irep.iium.edu.my/71444/ http://irep.iium.edu.my/71444/1/71444_The%20influence%20of%20ukhuwwah%20in%20the%20dynamic.pdf
first_indexed	2023-09-18T21:41:18Z
last_indexed	2023-09-18T21:41:18Z
_version_	1777413158354288640

The influence of ukhuwwah in the dynamic interplay of technological change and competitive advantage for business sustainability: the case of Small and Medium Enterprises (SMEs) in Malaysia

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