Traditionally, firms tend to incline toward financial performance and profitability to surge shareholder's wealth. In the modern day, in addition to financial performance, innovative and environmental performance has also become a central effort. However, all firms are not flourished in the achievement of financial, innovative, and environmental performance, particularly small‐ and medium‐sized enterprises (SMEs), which need adequate financial resources due to lack of resources and can search for opportunities to boost their performance. This research examines the role of financial availability in financial, innovative, and environmental performance with a mediating role of opportunity recognition. Empirical evidence is collected through structured questionnaires from 347 SMEs operating in the emerging market Pakistan. Hypotheses are tested in Analysis of a Moment Structure (AMOS) using structural equation modeling. Results indicate that satisfactory financial resources significantly contribute to financial and innovative performance but play an insignificant role in environmental performance as well. In addition, firms with enough financial capital recognize new opportunities significantly via opportunity recognition mediator, where partially mediating the relation between financial availability and financial/innovative performance. However, firms fully mediate the link between financial availability and environmental performance. Our research findings recommend CEOs and top managers to utilize their financial resources in an efficient way to achieve the advantage of the new opportunity recognition, superior financial, innovative, and environmental performance.

The idea of a shared economy becomes one of the companies as an enterprise type. Especially with the advanced development of digital smart devices and the internet, several forms of the mutual economy have been advanced in accord with the need for sharing of separate income. Shareable commodity and digital content are also seeking to utilize. When digital content is used as a sharing economy, various possible threats may arise in the course of transactions, the potential for theft, alteration, and hacking of contents. This paper presents a comprehensive overview of the security and privacy of Blockchain. Blockchain promise transparent, tamper-proof and secure systems that can enable novel solutions, especially when combined with smart contracts. In this research, we proposed a content protection and transaction method using Blockchain Ethereum Technology. The encryption algorithm is incorporated in proposed system to make transparent transactions and it is also implemented on content itself to prevent from smart forgery and hacking. The experimental results signify that the proposed method has strong potential to enhance transactions transparency by minimizing the security threats in digital content transactions.

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