Purpose: The objective of this study is to evaluate the key issues that how social capital augments the initiation of strategic renewal through the mediating role of entrepreneurial orientation and the moderating role of organizational flexibility. In the context of Small and Medium Enterprises (SMEs) of developing economies, the study developed and tested the theoretical model of strategic renewal for analyzing its major outputs.Design/methodology/approach: This study utilized cross-sectional design and employ quantitative approach. The data were collected from the owner, managers and executive directors of pharmaceutical SMEs of Pakistan. The study used statistical analysis of correlation and regression for the analysis of data.Findings: The study discovered that entrepreneurial orientation mediates the positive relationship of social capital and strategic renewal. Moreover, high organizational flexibility strengthens the association between social capital and strategic renewal of SMEs.Originality/value: This research contributes to the body of knowledge by providing empirical evidence that how to thrive the mechanism of strategic renewal. The study further provides understanding of the effects of organizational social capital, entrepreneurial orientation and organizational flexibility on strategic renewal.
31 March 2023 in Pakistan Journal of Commerce and Social Sciences
This study focus upon the significant issue that how inter-organizational knowledge acquisition (IOKA) enhances the green innovation (GI) through mediating role green organizational culture (GOC) and moderating role of absorptive capacity (AC). Contextualizing manufacturing SMEs, this study empirically tested model of green innovation to entail comprehensive mechanism to analyze its imperative determinants. Survey method was employed, and data was gathered from CEOs, owners and managerial level employees of manufacturing SMEs. Hierarchical regression was applied to verify the proposed hypotheses. Study finding confirmed the positive association between interorganizational knowledge acquisition, green organizational culture, and green innovation. Findings also approved that GOC mediates the association of IOKA, and GI. Additionally, AC strengthens the relationship between IOKA, and GI. Study contributes to theory through entailing insights relating influence of IOKA, GOC and AC on GI of enterprise along with mediating role of GOC and moderating role of AC in relationship of IOKA and GI. This study is useful for SMEs management to devise strategies of adopting green practices in current environment.
30 April 2014 in Information Management and Business Review
The purpose of this study is to investigate the impact of human capital on organization’s innovative capabilities in the narrative context of Pakistan. Today various organizations recognized the significance and importance of the intellectual capital. Without any doubt in knowledge-intensive organizations like telecom sector organizations intellectual capital plays a vital role in the contemporary aggressive and everchallenging business environment. The organizations can achieve competitive edge over its competitors by mean of innovation. By effective utilization of intellectual capital organizations can enhance innovative capabilities. Intellectual capital can be classified into three classifications named as human capital, structural capital and relational capital. Human capital is the main component of the intellectual capital and considered as a main aspect for the organization in order to perform in this diverse and unpredictable business environment. The conception of human capital now became mainstream issue for both academics and business practitioner all around the world. However, in the context of developing countries like Pakistan concept of human capital is still under explored. In this study at hand the impact of human capital organization’s innovative capabilities i.e. radical and incremental innovative capabilities are examined. Three hypotheses were developed in order to test the relationship between human capital and innovative capabilities of telecom sector organization in Pakistan. To accomplish the objectives of this study survey method was used in which data was collected through questionnaire. Telecom Sector of Pakistan has been taken as unit of analysis. The collected data was analyzed with the help of SPSS by applying the correlation and regression test. Results of correlation and regression analysis showed that there is a strong relationship between human capital and organization’s innovative capabilities in telecom sector of Pakistan and all three developed hypotheses were supported.