Entrepreneurial orientation has grown in prominence as a productive structure that includes complex sets of interactions that drive economic actors' competitive skills by inducing innovation. However few econometric indices have been carried out within emerging economies. Hence this paper seeks to investigate the impact of entrepreneurial orientations on innovation performance in Nigeria, using knowledge management as a mediating factor. Before doing so, we marry the insights of several pieces of works of literature on knowledge management, and innovation performance, stemming from Organizational Theory of Innovation, and Schumpeterian Theory of Innovation. A survey design was adopted for the study. A valid sample of 329 impacted the study using the Cochran formulae for sample size determination. The research employed the Partial Least Square method for the main analysis and the Ordered Logistic Regression method for robustness check. In this study, we accept all hypotheses due to their significant and mutual relationship to the measured variable. Though knowledge management capability showed an insignificant impact on innovation performance, it correlated strongly with innovation performance in the matrix analysis. Even though the knowledge management capability construct variable was statistically insignificant on the dependent variable, there was a positive correlation. This can further be investigated in future research to ascertain reality. Hence, this research is a call on policy ramification and blueprint approach not only for firms in Nigeria but in other jurisdictions striving for innovation performance. The research findings indicate that businesses with high entrepreneurial orientation can identify new opportunities and have higher inclination to successful performance.
In Nigeria, government initiatives and ways to grow and sustain firms have been mapped out to enhance SME entrepreneurial development. This will help SSEs thrive and develop so they can address societal needs. Interest in SSE development, expansion, and promotion as a productive structure to promote economic growth and prosperity has developed in recent years. This research explores how government policies, SSE advancement, expansion, and promotion affect SSE performance and economic growth in Nigeria. The research contributes to various theoretical models, including the Organizational Theory of Innovation and the Schumpeterian Theory of Innovation. These models serve as the foundations for innovation performance, competitive advantage and organizational strategic management. It also promotes ethical decision-making in terms of policies, progress, expansion, promotion and enterprise/company performance. We used survey based research approach. . The study sampled a valid respondents of 250 to make a generalization using Yaro Yamane formulae. The study used Cronbach's Alpha, Pearson's Correlation, Durbin-Watson, ANOVA, and OLS Regression.. The results reflects the level of significant impact of the regressed variables on the SSEs and economic growth at 10%, 1%, 5%, and 1%, significant P-values. This indicate that SSE progress, expansion and promotion are significant factors or elements that can impact positively on SSE development and economic growth (EG). We accept all hypotheses in this study due to their relevance to the measured variable. Effective government policy boosts SSE performance and economic growth. We agree that good government policy for SMEs is vital to most economies' long-term growth and prosperity. Effective government policies affect SSEs' long-term viability. The correlation analysis connected all variables positively. These issues may affect SSE's performance and economic growth. Effective government policies, SSE advancement, expansion, and promotion are combined efforts between the government and entrepreneurs. It will help firms or organizations to expand, find new possibilities, and improve. Besides, the ability of entrepreneurs to continue to develop and offer services depend on having access to financial resources to expand their businesses is a
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