Developing a multivariate manufacturing company performance model: effects of technology and investment on two-dimensional firm performance

The research aims to make a methodological contribution to the field of manufacturing practice-performance relationship studies by researching the relationships between cumulative investment, technology usage and two-dimensional performance measures in particular. A multivariate regression model has been developed to test the relationships and to explore the utility of the model. A UK cross-sectional manufacturing database covering a long period has been used to test the developed multiple outputs model. The conclusions are given on the relationships between these factors and are also generalized to define the useful contribution that such models make to the theory development for relationship studies and the possible benefits to practitioners.