Tuan, Nham Phong and Lwin, Khine Tin Zar
(2013)
Exploring The Link Between Learning And Firm
Performance: An Empirical Study Of Private
Manufacturing Firms In Yangon – Myanmar.
Asian Academy of Management Journal (AAMJ), 18 (2).
pp. 1-30.
ISSN 1394-2603
Abstract
This paper focuses on evaluating the performance of firms from the knowledge and
learning perspective. The survey covered a random sample of 120 private manufacturing
firms in industrial zones in the Yangon area. Two broad categories of learning are
determined: Internal and external. Internal learning is captured by two domains of
learning, individual and organisational, whereas external learning involves customers,
competitors and suppliers. Firm performance is evaluated using two broad groups of
aspects: Non-financial and financial. The ordinary least square (OLS) results show that
first, different domains of learning affect firms’ performance differently. Individual,
organisational and competitor learning impact firms’ non-financial performance,
whereas other forms of learning do not. Second, the effect of different domains of
learning on performance differs in accordance with the different aspects of performance
measurement. Individual learning can explain firms' financial performance both directly
and indirectly. However, organisational and competitor learning explain firm financial
performance indirectly. Third, non-financial performance affects financial performance.
Thus, the empirical results have important implications.
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