Strengthened Through Collaborations: Convergence of Interfirm and Intrafirm Knowledge Exchange for Improving Informal Economy SMEs' Sustainability Performance
Ayodotun Stephen Ibidunni, Obaloluwa Obed Oyewo, Ranti Falana, Edwin Okoro
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Abstract
The role of knowledge exchange (KE) between and across firms has been widely studied. However, KE dimensions that reflect a sequence of interfirm and intrafirm KE among SMEs in emerging economies remain scantily examined in the literature. We fill this gap by investigating the direct and direct effects of KE dimensions on the SMEs sustainable performance (SP). Our analysis of 264 SME owner/owner-managers, using the PLS-SEM, showed that although there is no direct relationship between knowledge exchange from business collaboration (KEBC) and knowledge exchange during training (KET), KEBC and KET impact on the SP dimensions. Also, KET mediates the relationship between KEBC and SP. Our study arises among the few investigations that have given credence to developing economy informal SMEs' role in the sustainability discourse.
期刊介绍：
Managerial and Decision Economics will publish articles applying economic reasoning to managerial decision-making and management strategy.Management strategy concerns practical decisions that managers face about how to compete, how to succeed, and how to organize to achieve their goals. Economic thinking and analysis provides a critical foundation for strategic decision-making across a variety of dimensions. For example, economic insights may help in determining which activities to outsource and which to perfom internally. They can help unravel questions regarding what drives performance differences among firms and what allows these differences to persist. They can contribute to an appreciation of how industries, organizations, and capabilities evolve.
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