Introduction: Trust, Institutions, and Managing Entrepreneurial Relationships in Africa

Amoako, Isaac Oduro

doi:10.1007/978-3-319-98395-0_1

Cited by 3 publications

(4 citation statements)

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“…Moreover, as pointed out, these SMEs are resource constraints and view sustainability engagements as a costly exercise that will only bring returns in the long run. For example, Amoako (2018) opines that SMEs in Sub-Saharan Africa have constraints resulting from institutional voids such as a weak regulatory environment, lack of access to financial credit and sluggish market support for new ventures. Therefore, in a developing country environment where there are resource constraints, innovativeness as a strategic posture becomes limited due to the substantial amount of investments lacking in firms within these contexts.…”

Section: Discussionmentioning

confidence: 99%

Entrepreneurial orientation, sustainability practices and performance of small and medium enterprises: evidence from an emerging economy

Akomea

Agyapong

Ampah

et al. 2022

IJPPM

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PurposeDespite the growing scholarly interest in examining entrepreneurial orientation (EO)-performance link, the results have been inconsistent. However, studies have not explored firm-level and external factors that may serve as mechanisms or boundary conditions to explain this relationship. Therefore, the purpose of the study is to examine how and when EO influences performance by incorporating sustainability practices as a mechanism and competitive intensity as an important contingent factor.Design/methodology/approachUsing primary data obtained from 323 chief executive officers/entrepreneurs, the authors analyzed the data using structural equation modeling in LISREL and Hayes PROCESS in SPSS.FindingsThe authors found that sustainability practices serve as a mechanism through which EO influences small and medium enterprises' (SMEs) performance. The study further revealed that the relationship between EO and sustainability practices is weakened at high levels of competitive intensity. Still, the relationship between EO and performance through sustainability practices remains strengthened when competitive intensity is present at high levels.Originality/valueThis study contributes to the literature by examining how SMEs who are less endowed with resources can engage in sustainability practices that can match large firms with stronger EO to achieve increased performance. Additionally, the study contributes to the literature by examining the mediating effect of sustainability practices in the EO-performance relationship. Finally, the study contributes to the body of literature by testing how competitive intensity presents as a boundary condition to leverage the relationship between EO and performance.

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Section: Discussionmentioning

confidence: 99%

Entrepreneurial orientation, sustainability practices and performance of small and medium enterprises: evidence from an emerging economy

Akomea

Agyapong

Ampah

et al. 2022

IJPPM

View full text Add to dashboard Cite

show abstract

“…Indeed, the institutions which foster economic interactions in advanced economies play an important role in advancing entrepreneurial actions (Akimova & Schwodiauer, 2005;Fafchamps, 2004). We recognise that although formal institutions are weak within developing market economies, there exist parallel institutional arrangements which function in advancing entrepreneurial action to the degree by which the formal institutional arrangements cannot offer (Lyon & Porter, 2010;Amoako & Lyon, 2014;Amoako, 2018). For instance, Chamlee-Wright's (1993) study of Ghana revealed that kinship and tribal systems performed advisory and credit functions which formal banking institutions may not offer.…”

Section: A Contextual Perspective Of Weak Institutional Arrangementsmentioning

confidence: 99%

“…Further along these lines, an imbalance exists which priorities large enterprises over SMEs, despite the fact that SMEs account for a huge share of the business within Africa (Amoako & Lyon, 2014, Omeihe, 2019. While prior studies have examined the value of network relationships in African trade (Jenssen & Kristansen, 2004;Overa, 2006;Porter & Lyon, 2006;Amoako, 2018), this paper attempts to seek a comprehensive coverage of indigenous institutions operating in parallel to weak and deficient formal institutions.…”

Section: Introductionmentioning

confidence: 99%

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‘In Courts We Don’t Trust’: Institutional Framework in the Context of Developing Economy

et al. 2020

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In this paper, we examine with particular interest the mechanism of trust in Nigeria's unique socio-economic landscape. This becomes pertinent as formalised institutional arrangements such as courts and legal structures appear to be underdeveloped. We theorise by drawing on the concept of institutional rivalry as it presupposes an understanding of alternative institutional forms operating in parallel to deficient formal institutions. Guided by the investigation of 36 exporting Nigerian SMEs, we reveal how entrepreneurs were found to rely on cultural specific relationships to address the limitations of weak and deficient state backed institutions. At its center, we describe how entrepreneurs relied on indigenous institutions such as ties to family and kinship, chieftaincy, religion and trade associations in resolving disputes during exporting.The findings reached in this study provide well founded and valid insights into the role of trust within Nigeria and other parts of Africa.

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Dynamic pathways to SMEs performance: Unraveling the influence of organizational learning capability, innovation, market dynamism and market responsiveness in an African emerging economy

Agyapong,

Acquaah,

Abiew

et al. 2024

Africa Journal of Management

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Introduction: Trust, Institutions, and Managing Entrepreneurial Relationships in Africa

Cited by 3 publications

References 38 publications

Entrepreneurial orientation, sustainability practices and performance of small and medium enterprises: evidence from an emerging economy

Entrepreneurial orientation, sustainability practices and performance of small and medium enterprises: evidence from an emerging economy

‘In Courts We Don’t Trust’: Institutional Framework in the Context of Developing Economy

Dynamic pathways to SMEs performance: Unraveling the influence of organizational learning capability, innovation, market dynamism and market responsiveness in an African emerging economy

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