Abstract
The resource-based view of the firm suggests that intangible assets have a positive impact on firm performance. This
study examined the relation between intangible assets and technical efficiency of textile and clothing firms. A double
bootstrap data envelopment analysis approach was used to measure and explain technical efficiency. The empirical
application used a data-set of the textile and clothing industry over the period 1995–2004 with a worldwide coverage.
The results show that intangible assets had a positive relation with technical efficiency of the textile and clothing firms.
Debt and membership of EU had a negative relation, whereas size, membership of NAFTA, and GDP per capita were
positively related with technical efficiency.
| Original language | English |
|---|---|
| Pages (from-to) | 491-501 |
| Journal | The Journal of The Textile Institute |
| Volume | 105 |
| Issue number | 5 |
| DOIs | |
| Publication status | Published - 2014 |
Keywords
- stochastic frontier approach
- resource-based view
- economic-integration
- manufacturing-industries
- competitive advantage
- corporate governance
- capital structure
- tobins-q
- firm
- performance