Resumo

Introduction - Micro, small and medium-sized enterprises (MSMEs) have restricted managerial experience, less structured procedures and fewer resources. However, having a well-developed Absorptive Capacity (AC) improves the firms performance (FP) and has a positive impact on the success of strategic alliances (SSA). In turn, strategic alliances improve their AC and competitive advantage.

Research problem and objective - This study aims to analyze the relationship between absorptive capacity (AC) and the performance of micro, small and medium-sized enterprises (MSMEs) that have strategic alliances.

Theoretical foundation - In the theoretical perspective of the Resource-Based View, the enterprise is seen as a set of resources that include all assets, capabilities, organizational processes, information, and knowledge (Barney, 1991). Thus, we consider that AC has a multidimensional character: acquisition, assimilation, transformation and application (Zahra & George, 2002). A strategic alliance is defined as a long-term cooperative arrangement between firms to improve their competitiveness and performance by sharing resources and risks (Inkpen & Tsang, 2007).

Methodology - A quantitative study was carried out with data collected from a structured questionnaire, applied to 116 MSMEs in the pharmaceutical retail. The data obtained were analyzed using the software SmartPLS® v. 4.0.8.6, through a structural model.

Analysis of the results: The results showed that AC and the success of strategic alliances have a positive impact on the organizational performance of MSMEs. Conclusion: The research reveals that the AC of the firms studied has a positive effect on a firm's performance and on the success of their strategic alliances. In turn, the success of strategic alliances has a positive effect on the performance of MSMEs. The relationship between AC and the performance of MSMEs is mediated by the success of strategic alliances. The relevance of these results shows that in a globalized and competitive

Contribution/Impact - From a managerial perspective, this study is expected to generate relevant contributions and information, bringing new insights to MSME managers about engagement in strategic alliances and the importance of expanding the firm's existing knowledge base to generate competitive advantage. From a public policy perspective, this study gives more support for MSMEs to expand their knowledge base, improve AC and form partnerships capable of generating development.