Does Knowledge Sharing and Technopreneurship Affect Entrepreneurial Outcomes in Developing Economies? Using The SME and ANOVA Approaches

Source:
By:Md. Abdul Halim, Mst. Ismot Jahan, Tazin Mahmud, Md. Golam Mustafa Chowdhury, Pulakesh Basak, K. H. Robel

DOI: https://doi.org/10.30564/jsbe.v6i2.5645

Abstract:

This study on technopreneurship aims to reconfigure entrepreneurial outcomes, but how knowledge sharing moderates the interaction is an academic and practical concern. This study focuses on how knowledge sharing and technopreneurship affect the entrepreneurial outcome in Bangladeshi small and medium enterprises (SMEs). This research has established the following aims to establish a meaningful association between technopreneurship, knowledge sharing, and the outcomes of entrepreneurial endeavours. In pursuit of knowledge, data were collected through primary sources after establishing the questionnaire's validity and reliability. Findings revealed that technopreneurship and knowledge sharing individually affected entrepreneurial outcomes. However, knowledge sharing could not significantly moderate the interaction between technopreneurship and entrepreneurial outcomes. Hence, the recommendation was anchored on improving knowledge sharing, technopreneurship, and managerial dexterity of owners and managers.

References:

[1] Halim, M.A., Al Amin, M., 2021. Does the accounting information systems (AIS) influence the economy?. Journal of Business Administration Research. 4(3). [2] Egwakhe, A.J., Ojikutu, A.A., Akpa, V., et al., 2022. How knowledge sharing behaves in technopreneurship and entrepreneurial outcomes. Journal of Economics, Management and Trade. 28(12), 45-57. [3] Asikhia, O., Naidoo, V., 2020. SMEs management success determinants and its implications on their performance in South West, Nigeria. International Journal of Economics & Business Administration (IJEBA). 3(4), 1057-1072. [4] Ajibola, E.O., 2020. Nigeria small and medium enterprise sustainability strategies [Ph.D. thesis]. Minneapolis: Walden University. [5] Helsdingen, A.S., Van den Bosch, K., Van Gog, T., et al., 2010. The effects of critical thinking instruction on training complex decision making. Human Factors. 52(4), 537-545. [6] Boocock, G., Wahab, I.A., 2001. The financing of small firms: Different continents, the same problems?. New England Journal of Entrepreneurship. 4(2), 13-31. [7] Harvie, C., Lee, B.C., 2005. Sustaining growth and performance in East Asia: The role of small and medium sized enterprises. Edward Elgar Publishing: Cheltenham. [8] Chen, W.H., Lin, Y.C., Bag, A., et al., 2023. Influence factors of small and medium-sized enterprises and micro-enterprises in the cross-border E-commerce platforms. Journal of Theoretical and Applied Electronic Commerce Research. 18(1), 416-440. [9] Halim, M.A., 2022. The impact of e-commerce on consumer purchasing behavior for the coronavirus disease (COVID-19). Journal of Sustainable Business and Economics. 5(1). [10] Halim, M.A., Islam, M.N., Khan, A.G., 2020. Comparative financial analysis of conventional and Islamic banks of developing countries. Journal of Business Administration Research. 3(4). [11] Economic and Social Survey of Asia and the Pacific 2009: Addressing Triple Threats to Development [Internet]. ESCAP; 2009. Available from: https://hdl.handle.net/20.500.12870/1637 [12] Abe, M., Troilo, M., Batsaikhan, O., 2015. Financing small and medium enterprises in Asia and the Pacific. Journal of Entrepreneurship and Public Policy. 4(1), 2-32. [13] Ahmed, K., Chowdhury, T.A., 2009. Performance evaluation of SMEs of Bangladesh. International Journal of Business and Management. 4(7), 126-133. [14] Mintoo, A.A., 2006. SMEs in Bangladesh. CACCI Journal. 1(1), 1-19. [15] Igboeli, U.H., Bisallah, H.I., 2020. Information and communication technology in managing small and medium enterprises in Nigeria. Open Journal of Management Science. 1(2), 1-11. [16] Abubakar, J.B., Hussaina, D.A., 2020. Innovation and SMEs performance in Nigeria: A proposed framework. International Journal of Scientific Research in Science and Technology. 7(6), 396-400. [17] Koe, W.L., Alias, N.E., Ismail, S., et al., 2018. A suggested model for studying technopreneurial intention in Malaysia. KnE Social Sciences. 3(10), 788-796. [18] Kura, K.M., Abubakar, R.A., Abubakar, S., 2017. Entrepreneurial learning and organisational performance: Test of the mediating effects of innovativeness among small and medium enterprises. Journal of Technology Management and Technopreneurship (JTMT). 5(1), 51-63. [19] Sentanu, I.G.E.P.S., Praharjo, A., 2020. Effect of entrepreneurial orientation and knowledge sharing on business performance. Jurnal Inovasi Ekonomi. 5(01). [20] Jain, R., Ali, S.W., 2013. A review of facilitators, barriers and gateways to entrepreneurship: Directions for future research. South Asian Journal of Management. 20(3), 122. [21] McIntyre, P., Fulton, J., Kerrigan, S., et al., 2023. Entrepreneurship in the creative industries: How innovative agents, skills and networks interact. Springer: Berlin. [22] Pettinger, L., Forkert, K., Goffey, A., 2018. The promises of creative industry higher education: An analysis of university prospectuses in Malaysia. International Journal of Cultural Policy. 24(4), 466-484. [23] Eniola, A.A., Ektebang, H., 2014. SME firms performance in Nigeria: Competitive advantage and its impact. International Journal of Research Studies in Management. 3(2), 75-86. [24] Goshu, Y.Y., Kitaw, D., 2017. Performance measurement and its recent challenge: A literature review. International Journal of Business Performance Management. 18(4), 381-402. [25] Makanga, R.O., Paul, S.N., 2017. Influence of strategic management practices on performance of Kenya power and lighting company ltd, Nairobi County, Kenya. The Strategic Journal of Business & Change Management. 4(4), 289-306. [26] Hoque, A.S.M.M., Awang, Z., Siddiqui, B.A., 2017. Technopreneurial intention among university students of business courses in Malaysia: A structural equation modeling. International Journal of Entrepreneurship and Small & Medium Enterprise (IJESME). 4(7), 1-16. [27] Singhry, H.B., 2015. Effect of supply chain technology, supply chain collaboration and innovation capability on supply chain performance of manufacturing companies. Journal of Business Studies Quarterly. 7(2), 258. [28] Dodgson, M., Gann, D., Salter, A., 2006. The role of technology in the shift towards open innovation: The case of Procter & Gamble. R&D Management. 36(3), 333-346. [29] Deveci, İ., Seikkula-Leino, J., 2023. The link between entrepreneurship and STEM education. Enhancing entrepreneurial mindsets through STEM education. Springer: Berlin. pp. 3-23. [30] Mets, T., Kozlinska, I., Raudsaar, M., et al., 2023. New perspectives on entrepreneurship education: Introduction. Administrative Sciences. 13(1), 13. [31] Phuthong, T., 2023. Defining technopreneurs’ commercialization research process in the emerging Thai economy: Research for constructing grounded theory. TEM Journal. 12(2), 1142-1155. [32] Tushman, M., Nadler, D., 1986. Organizing for innovation. California Management Review. 28(3), 74-92. [33] Subramaniam, M., Youndt, M.A., 2005. The influence of intellectual capital on the types of innovative capabilities. Academy of Management Journal. 48(3), 450-463. [34] Zhang, Z.J., Yang, J., Man, Z.X., et al., 2005. Multiparty secret sharing of quantum information using and identifying Bell states. The European Physical Journal D-Atomic, Molecular, Optical and Plasma Physics. 33, 133-136. [35] Jabbie, M., Saffa, M., 2021. Functional performance: A sustainable approach to economic optimality. Industry, Innovation and Infrastructure. Springer: Berlin. pp. 380-391. [36] Glazier, R.H., Green, M.E., Wu, F.C., et al., 2021. Shifts in office and virtual primary care during the early COVID-19 pandemic in Ontario, Canada. Canadian Medical Association Journal. 193(6), E200-E210. [37] Indrianti, Y., Hamsal, M., Furinto, A., et al., 2023. It takes two to Tango: Roles of digital strategy and human creativity in creating transformational technopreneurship. E3S Web of Conferences. 388, 04045. [38] Suradi, S., Yasin, R.M., Rasul, M.S., 2017. Increasing technopreneurs for a developing a nation: The majlis amanah rakyat (MARA) experience. Journal of Technical Education and Training. 9(1). [39] Abbas, A.A., 2018. The bright future of Technopreneurship. International Journal of Scientific & Engineering Research. 9(12), 563-566. [40] Selvarani, A., Venusamy, K., 2015. A study of technopreneurship in small and medium industry. Technopreneurship as a firm strategy: Links to innovation, creation and performance. Journal Impact Factor. 6(1), 401-408. [41] Dutse, A.Y., Ningi, S.I., Abubakar, S., 2013. Technopreneurship and enterprise growth in Nigeria: An exploration into the latent role of microfinance banks. IOSR Journal of Business and Management (IOSR-JBM). 12(2), 25-32. [42] Moemenam, I.C., Moemenam, A.O., Okwara, C.C., et al., 2017. Technopreneurship education and Technological advancement for a sustainable growth and development in Nigeria. Journal of Educational Policy and Entrepreneurial Research. 4(5), 91-99. [43] Singhry, H.B., 2015. The effect of technology entrepreneurial capabilities on technopreneurial intention of nascent graduates. European Journal of Business and Management. 7(34), 8-20. [44] Bala, S., Arora, R., 2023. Technopreneurship and Industry 5.0: Promoting equity and diversity in rural areas. Diversity, equity, and inclusion efforts of businesses in rural areas. IGI Global: Hershey. pp. 56-70. [45] Lee, J.N., 2001. The impact of knowledge sharing, organizational capability and partnership quality on IS outsourcing success. Information & Management. 38(5), 323-335. [46] Van Den Hooff, B., De Ridder, J.A., 2004. Knowledge sharing in context: The influence of organizational commitment, communication climate and CMC use on knowledge sharing. Journal of Knowledge Management. 8(6), 117-130. [47] Diab, Y., 2021. The concept of knowledge sharing in organizations (Studying the personal and organizational factors and their effect on knowledge management). Management Studies and Economic Systems. 6(1/2), 91-100. [48] Nwagwu, W.E., Ibeku, S., 2016. Understanding the innovativeness of information technology products and service providers in an IT cluster in Nigeria. South African Journal of Libraries and Information Science. 82(1), 36-52. [49] Adhikara, C., Lasmy, L., Sasmoko, S., et al. (editors), 2019. Technopreneurship skills of Indonesian entrepreneurs. The 1st Workshop on Multimedia Education, Learning, Assessment and its Implementation in Game and Gamification in conjunction with COMDEV 2018; 2019 Jan 26; Medan Indonesia. [50] Otamiri, S., Ogwe, C.G., 2020. Technopreneurship and youth empowerment in Rivers State, Nigeria. Journal of Research in Business and Management. 8(5), 23-32. [51] Padang, P.A.P., Code, P., 2020. How is the student’s personality in implementing science and technology for entrepreneurship learning with a production-based learning approach in higher education. Journal of Engineering and Applied Sciences. 15(1), 213-219. [52] Krejcie, R.V., Morgan, D.W., 1970. Determining sample size for research activities. Educational and Psychological Measurement. 30(3), 607-610. [53] Okundaye, K., Fan, S.K., Dwyer, R.J., 2019. Impact of information and communication technology in Nigerian small-to medium-sized enterprises. Journal of Economics, Finance and Administrative Science. 24(47), 29-46. [54] Chukwujekwu, O.F., Obiokafor, I.N., 2019. ICT and the entrepreneurship: Escape routes for graduate engineers in Nigeria. Journal of Multidisciplinary Engineering Science and Technology. 6(4), 9844-9848. [55] Oyedele, O.O., Paul, I.O., Ganiyu, I.O., et al., 2020. Technopreneurship as a pathway to sustainable business performance: Empirical evidence from SMES in Nigeria. The Journal of Accounting and Management. 10(2). [56] Afolabi, J.A., Raifu, I.A., Aminu, A., 2022. Entrepreneurship and unemployment nexus in MENA: Does institutional quality matter?. Journal of Small Business & Entrepreneurship. [57] Isaga, N., 2012. Entrepreneurship and the growth of SMEs in the furniture industry in Tanzania [Ph.D. thesis]. Amsterdam: Vrije Universiteit. [58] Chew, L.M., Hoe, L.S., Kim, T.C., et al., 2016. Self-perceived entrepreneurship skills for undergraduates of private university in Malaysia. American Journal of Applied Sciences. 13(6), 715-725. [59] Gursoy, G., Aydogan, K., 2002. Equity ownership structure, risk taking, and performance. Russian & East European Finance & Trade. 38(6), 6. [60] Gujarati, D.N., Porter, D.C., 2003. Basic econometrics. McGrew Hill Book Co: Singapore. [61] Gujarati, D.N., 2003. Basic econometric, fourth edition. McGraw-Hill: New York. [62] MacKinnon, D.P., Fritz, M.S., Williams, J., et al., 2007. Distribution of the product confidence limits for the indirect effect: Program PRODCLIN. Behavior Research Methods. 39(3), 384-389. [63] Sarstedt, M., Ringle, C.M., Hair, J.F., 2021. Partial least squares structural equation modeling. Handbook of market research. Springer: Berlin. pp. 587-632. [64] Hair Jr, F., Sarstedt, J., Hopkins, M., et al., 2014. Partial least squares structural equation modeling (PLS-SEM): An emerging tool in business research. European Business Review. 26(2), 106-121. [65] Byrne, B.M., 1998. Structural equation modeling with LISREL, PRELIS, and SIMPLIS: Basic concepts, applications, and programming. Psychology Press: New York. [66] Hu, L.T., Bentler, P.M., 1999. Cutoff criteria for fit indexes in covariance structure analysis: Conventional criteria versus new alternatives. Structural Equation Modeling: A Multidisciplinary Journal. 6(1), 1-55. [67] Sarstedt, M., Ringle, C.M., Smith, D., et al., 2014. Partial least squares structural equation modeling (PLS-SEM): A useful tool for family business researchers. Journal of Family Business Strategy. 5(1), 105-115. [68] Kusumaningrum, I., Hidayat, H., Anori, S., et al., 2016. Learning outcomes in vocational education: A business plan development by production-based learning model approach. International Journal of Environmental and Science Education. 11(18), 11917-11930. [69] Odumosu, A.A., Binuyo, A.O., Adefulu, A.D., et al., 2020. Social innovation and graduate entrepreneurship in Nigeria. IOSR Journal of Business and Management. 22, 48-55. [70] Wongthongtham, P., Zadjabbari, B., Naqvi, H.M., 2016. Simulation of knowledge sharing in business intelligence. International Journal of Digital Information and Wireless Communications (IJDIWC). 6(3), 192-205. [71] Stam, F.C., 2018. Enabling creative destruction: An entrepreneurial ecosystem approach to industrial policy. USE Working Paper series. 18(05). Available from: https://dspace.library.uu.nl/handle/1874/369844