TY - JOUR
T1 - Entrepreneurial passion and SMEs’ performance
T2 - moderating effects of financial resource availability and resource flexibility
AU - Adomako, Samuel
AU - Ahsan , Mujtaba
PY - 2022/5
Y1 - 2022/5
N2 - In this paper, we examine the effects of the three identity-based entrepreneurial passions (EPs) (that is, passion for inventing, developing, and founding) on established small and medium-sized enterprises’ (SMEs’) performance. We adopt a resource contingency perspective to develop our theoretical model to examine the relationship between EP, resources, and SMEs’ performance. Specifically, we investigate the moderating influence of financial resource availability and resource flexibility on the relationship between EP and SMEs’ performance. We test our hypotheses using time-lagged data from 193 SMEs in Ghana. Our hypotheses are largely supported, and this offers a nuanced view of the relationship between the different domains of EP and performance. Our findings contribute to the passion, SME, and broader entrepreneurship literature.
AB - In this paper, we examine the effects of the three identity-based entrepreneurial passions (EPs) (that is, passion for inventing, developing, and founding) on established small and medium-sized enterprises’ (SMEs’) performance. We adopt a resource contingency perspective to develop our theoretical model to examine the relationship between EP, resources, and SMEs’ performance. Specifically, we investigate the moderating influence of financial resource availability and resource flexibility on the relationship between EP and SMEs’ performance. We test our hypotheses using time-lagged data from 193 SMEs in Ghana. Our hypotheses are largely supported, and this offers a nuanced view of the relationship between the different domains of EP and performance. Our findings contribute to the passion, SME, and broader entrepreneurship literature.
KW - Africa
KW - Ghana
KW - SMEs
KW - entrepreneurial passion
KW - performance
KW - resources
UR - https://www.sciencedirect.com/journal/journal-of-business-research
U2 - 10.1016/j.jbusres.2022.02.002
DO - 10.1016/j.jbusres.2022.02.002
M3 - Article
SN - 0148-2963
VL - 144
SP - 122
EP - 135
JO - Journal of Business Research
JF - Journal of Business Research
ER -