Linking Innovation Capability, Strategic Orientation, and Strategic Renewal to Sustainable Performance: A Dynamic Capabilities Perspective in Saudi Small and Medium Enterprises

IF 13.3 1区管理学 Q1 BUSINESS

Business Strategy and The Environment Pub Date : 2025-09-27 DOI:10.1002/bse.70229

Chouayb Larabi

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引用次数: 0

Abstract

The Kingdom of Saudi Arabia seeks to achieve Vision 2030, which aims to transform the country's economy through fostering a vibrant business environment and reducing the dependency on oil exports. In this context, small and medium enterprises (SMEs) are at the forefront of this transition. Vision 2030, in particular with SMEs, aims to increase SMEs' contribution to the GDP to 35%. However, it is not possible without equipping SMEs with innovation, strategic thinking, and sustainability. To address these concerns, the objective of this study is to investigate the influence of innovation capability (IC), strategic orientation (SO) mediated by strategic renewal (SR). Driven by dynamic capability theory (DCT), the study also examined how internal resources (IC, SO) enable small firms to renew their strategies to achieve sustainable business performance (SP). To achieve the objective, a quantitative, three‐wave time‐lagged research strategy was deemed appropriate. The study employed purposive sampling, and data were collected from 211 SMEs located in Riyadh, Makkah, and Eastern Province of KSA through structured questionnaires in three intervals. The data was analyzed through structured equation modeling (SEM) through Smart PLS 4. The findings show that antecedents SO and IC significantly influence SR within SMEs, which in turn positively influence SP. In addition, it was found that SR mediates the relationship between IC and SO and SB. The study offers novel insights to theory through the extension of DCT to KSA‐based SMEs and outlines practical steps that SMEs and authorities need to integrate to achieve within SMEs to achieve Saudi Vision 2030.

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将创新能力、战略导向和战略更新与可持续绩效联系起来：沙特中小企业的动态能力视角

沙特阿拉伯王国正在寻求实现2030年愿景，该愿景旨在通过营造充满活力的商业环境和减少对石油出口的依赖来改变该国的经济。在此背景下，中小企业处于这一转型的前沿。2030年愿景，特别是中小企业，旨在将中小企业对国内生产总值的贡献提高到35%。然而，如果不让中小企业具备创新、战略思维和可持续性，这是不可能的。为了解决这些问题，本研究的目的是探讨创新能力（IC）、战略取向（SO）在战略更新（SR）的中介作用下的影响。在动态能力理论（DCT）的驱动下，本研究还考察了内部资源（IC， SO）如何使小企业更新其战略以实现可持续经营绩效（SP）。为了实现这一目标，定量的、三波时间滞后的研究策略被认为是合适的。本研究采用有目的抽样的方法，通过三个间隔的结构化问卷，对位于沙特阿拉伯利雅得、麦加和东部省的211家中小企业进行数据收集。通过Smart PLS 4的结构方程建模（SEM）对数据进行分析。研究结果表明，前因SO和IC显著影响中小企业内部的SR，而SR反过来又积极影响SP。此外，研究发现SR中介了IC、SO和SB之间的关系。该研究通过将DCT扩展到基于KSA的中小企业，为理论提供了新的见解，并概述了中小企业和当局需要整合的实际步骤，以实现中小企业内部实现沙特2030愿景。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Business Strategy and The Environment Multiple-

CiteScore

22.50

自引率

19.40%

发文量

336

期刊介绍： Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.