research on the relationship among government regulations, strategy preference and manufacturing performance政府法规之间的关系研究、战略偏好和生产性能.pdf

Journal of Service Science and Management, 2012, 5, 37-43 37 /10.4236/jssm.2012.51005 Published Online March 2012 (http://www.SciRP.org/journal/jssm) Research on the Relationship among Government Regulations, Strategy Preference and Manufacturing Performance Fa-Xin Cheng, Wei Wang School of Business Administration, Jiangsu University, Zhenjiang, China. Email: chengfaxin@163.com Received November 9th st th , 2011; revised December 21 , 2011; accepted December 30 , 2011 ABSTRACT Based on the environment-strategy-performance paradigm, the paper constructs a theoretical framework on the rela- tionship among government regulations, manufacturing strategy and performance. Using structural equation model and a sample of 135 SME of Jiangsu Province, this paper examines the relationship among government regulations, manu- facturing strategy and performance, the result of which shows that government regulations have a significant positive effect on cost, quality and innovation; cost, quality and innovation influence financial performance significantly and positively; quality and innovation have a significant positive effect on non-financial performance, whereas cost has not. Finally, suggestions for SME-development promoting policy and manufacturing strategy selection are putting forward. Keywords: SME; Government Regulation; Manufacturing Strategy; Performance 1. Introduction manufacturing strategy in light of the classic environ- ment-strategy-performance paradigm of strategic man- SME have already become a vigorous power in the eco-