Entrepreneurial orientation, entrepreneurial competencies, innovation, and performances in SMEs of Pakistan: Moderating role of social ties. Issue 2 (30th January 2022)

• Record Type: Journal Article
• Authors: Aftab, Junaid; Veneziani, Monica; Sarwar, Huma; Ishaq, Muhammad Ishtiaq
• Is Part Of: Business ethics, the environment & responsibility. Volume 31:Issue 2(2022)
• Page Start: 419
• Page End: 437
• Publication Date: 2022-01-30
• Subjects: entrepreneurial competencies -- entrepreneurial orientation -- environmental performance -- financial performance -- innovation, social ties -- social performance; Business ethics -- Periodicals; Social responsibility of business -- Periodicals; Business enterprises -- Environmental aspects -- Periodicals; 174.4; 174.4
• DOI: 10.1111/beer.12415
• Languages: English
• ISSNs: 2694-6416

Abstract

Abstract: The current study examines the mediating role of innovation and entrepreneurial competencies in entrepreneurial orientation's relationship with financial, social, and environmental performance. This research also determines the role of social ties in strengthening the association between innovation and entrepreneurial competencies with social, financial, and environmental performance. Using multi‐source and time‐lagged studies, the data was collected from 297 small and medium‐sized enterprises (SMEs) in Pakistan, and structural equation modeling was used to test direct, indirect, and moderating hypotheses. The findings show that entrepreneurial orientation, entrepreneurial competencies, and innovation positively correlate with all the types of performance under investigation and confirm the mediating role of innovation and entrepreneurial competencies. Additionally, social network ties strengthen innovation—financial performance, and entrepreneurial competencies—social performance relationship. This research proposes significant theoretical and managerial implications by determining the impact of entrepreneurial orientation on SMEs in Pakistan.