Knowledge as a mediator for innovativeness and risk-taking tolerance of female entrepreneurs in Indonesia

In the rapidly evolving small business environment of Indonesia, female entrepreneurs also play a crucial role. Information sharing and knowledge exchange are inseparable factors in the rapid growth of small and medium enterprises (SMEs), thus the influence of knowledge management influences risk-taking attitude and is closely related to innovativeness. Only a small number of studies, however, have looked at knowledge management in connection to innovation, optimism, and whether the impact is influenced by the firm's risk-taking attitude. This study aims to investigate the connection between the innovativeness, information management, optimism, and risk-taking tolerance of female companies. By disseminating structured surveys, we took a quantitative strategy. To analyze the data we gathered, we used the SEM-PLS method. Our findings demonstrate how creativity significantly improves risk tolerance and information management. We also conclude that optimism greatly enhances risk tolerance and information management. Additionally, knowledge management increases a person's ability for taking calculated risk.