A model of SMEs competitive strategy innovation: The dynamic resource-based view

Small- and medium-scale enterprises (SMEs) play a key role in economic growth and equitable development in China, so it is necessary to do the research for constructing the model of SMEs competitive strategy innovation. The purpose of the study is to expand upon past business managerial strategy research by innovating the dynamic resource-based view (DRBV) to the small business and by adopting strategy with the competition advantage model. Here is using the DRBV model to evaluate the strategic adaptation in small business, and try to innovate a new model that refers to substantive modifications of key resources that constitute the business concept as the venture evolves.