The Inter-Relationship between Innovation Capability and SME Performance: The Moderating Role of the External Environment

被引：10
|
作者：
Fu, Qinghua [1 ]
Sial, Muhammad Safdar [2 ]
Arshad, Muhammad Zulqarnain [3 ]
Comite, Ubaldo [4 ]
Thu, Phung Anh [5 ]
Popp, Jozsef [6 ]
机构：
[1] Wuhan Univ, Econ & Management Sch, Wuhan 430072, Peoples R China
[2] COMSATS Univ Islamabad CUI, Dept Management Sci, Islamabad 44000, Pakistan
[3] Lahore Garrison Univ, Dept Management Sci, Lahore 54000, Pakistan
[4] Univ Giustino Fortunato, Dept Business Sci, I-82100 Benevento, Italy
[5] Nguyen Tat Thanh Univ, Fac Finance & Accounting, 300A Nguyen Tat Thanh St, Ho Chi Minh City 70000, Vietnam
[6] Hungarian Univ Agr & Life Sci, Inst Econ Sci, H-2100 Godollo, Hungary
来源：
SUSTAINABILITY | 2021年 / 13卷 / 16期
关键词：
innovation; smart-PLS approach; external environment; SMEs' performance; FIRM PERFORMANCE; ENTREPRENEURIAL ORIENTATION; FINANCIAL PERFORMANCE; BUSINESS PERFORMANCE; ABSORPTIVE-CAPACITY; PLS-SEM; MANAGEMENT; IMPACT; PROFITABILITY; ANTECEDENTS;
D O I：
10.3390/su13169132
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
Small and Medium-Sized Enterprises (SMEs) play a crucial part in a country's economic growth and sustainable development. The purpose of this study is to investigate the relationship between innovation and the performance of SMEs. An external environmental factor acts as a moderating variable between the exogenous and endogenous variables. Data were collected from 350 textile SMEs operating in Pakistan using a cross-sectional study design through self-administered questionnaires. Of these, only 335 surveys were valid for further analysis. The structural equational modeling technique was used for analyzing the data and testing the hypotheses that innovation and the external environment affect an SME's performance. The results indicate a significant association between innovation and SME performance, and the external environment has a moderating impact on innovation and SME performance. This paper offers valuable recommendations to senior managers and owners of SMEs to consider the innovation and external environment as crucial factors when assessing their SME's performance. This study contributes towards the body of knowledge on this subject and can help practitioners and researchers explore the effects of innovation and the external environment on the performance of SMEs.
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页数：14
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