The Impact of Entrepreneurial Orientation on Innovation Performance in Nigerian Firms: The Mediating Effect of Knowledge Management

Abstract

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.

The moderating effect of leadership empowerment on relational capital and firms' innovation performance in the entrepreneurial ecosystem: Evidence from China

“…Therefore, measuring the improvement of the production process can reflect firms' innovation capability to learn, absorb and take advantage of new knowledge. Commercially, innovation performance is measured by the sale of new products and the degree of market recognition (Montoya-Weiss, 1994; Gloet and Terziovski, 2004;Madhoushi et al, 2011;Cabrilo and Dahms, 2020). Firms introduce and develop new products in order to adapt to a changing market environment and continuously exploit and explore customers' demands (Prajogo and Sohal, 2003).…”

“…Therefore, measuring the improvement of the production process can reflect firms' innovation capability to learn, absorb and take advantage of new knowledge. Commercially, innovation performance is measured by the sale of new products and the degree of market recognition (Montoya-Weiss, 1994; Gloet and Terziovski, 2004; Madhoushi et al. , 2011; Cabrilo and Dahms, 2020).…”

Does green intellectual capital affect green innovation performance? Evidence from the Spanish wine industry

“…In the same vein, Wong (2013) suggests that knowledge sharing has a significant impact on GIP. Madhoushi et al (2011), on the other hand, state that the use of organizational knowledge enables a firm's skills and knowledge to be converted into the development of green products and processes. Likewise, Ferraris et al (2017) demonstrate the positive effect of KM practices on innovative performance.…”

The Competitive Advantage of Furniture SMEs in East Java: The Role of Aggressiveness in Entrepreneurship Orientation

“…This study traces several previous studies (Zeebaree and Siron 2017;Sirivanh et al 2014;Huang and Wang 2011;Hussain et al 2015) as a reference for the idea of entrepreneurship orientation theory in SMEs. The literature gap in some previous studies focuses on three major aspects of entrepreneurial orientation: risk-taking, proactiveness, and innovativeness (Mahmood and Hanafi 2013;Zulkifli and Rosli 2013;Sirivanh et al 2014;Anlesinya et al 2015;Paulus 2018), with a couple of additional aspects including autonomy and aggressiveness (Madhoushi et al 2011;Hussain et al 2015;Panjaitan et al 2021).…”