{"title":"Social capital and performance of SMEs: The role of entrepreneurial orientation and managerial capability","authors":"S. Aidoo, Ahmed Agyapong, H. Mensah","doi":"10.1080/23322373.2020.1830698","DOIUrl":null,"url":null,"abstract":"ABSTRACT This study proposes and investigates the argument that social capital–performance link is mediated by entrepreneurial orientation (EO) and that this mediated relationship is dependent upon the level of managerial capability (MC) present in a firm. The study uses a sample of 206 SMEs based in the sub-Saharan African economy. Mainly supporting conjectural predictions, the study indicates that EO intervenes the social capital (SC) effect on performance, with same effects uniquely strengthened according to the dimension of EO in question at higher levels of MC. The study expands our understanding of how the umpiring role of EO in the SC–performance link is contingent upon levels of MC present. Managers are, therefore, encouraged to strategically develop both EO and MC to enable them to effectively utilize and profit from the benefits SC has to offer.","PeriodicalId":37290,"journal":{"name":"Africa Journal of Management","volume":"6 1","pages":"377 - 406"},"PeriodicalIF":1.2000,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23322373.2020.1830698","citationCount":"15","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Africa Journal of Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/23322373.2020.1830698","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 15
Abstract
ABSTRACT This study proposes and investigates the argument that social capital–performance link is mediated by entrepreneurial orientation (EO) and that this mediated relationship is dependent upon the level of managerial capability (MC) present in a firm. The study uses a sample of 206 SMEs based in the sub-Saharan African economy. Mainly supporting conjectural predictions, the study indicates that EO intervenes the social capital (SC) effect on performance, with same effects uniquely strengthened according to the dimension of EO in question at higher levels of MC. The study expands our understanding of how the umpiring role of EO in the SC–performance link is contingent upon levels of MC present. Managers are, therefore, encouraged to strategically develop both EO and MC to enable them to effectively utilize and profit from the benefits SC has to offer.
期刊介绍:
The beginning of the Twenty First Century has witnessed Africa’s rise and progress as one of the fastest growing and most promising regions of the world. At the same time, serious challenges remain. To sustain and speed up momentum, avoid reversal, and deal effectively with emerging challenges and opportunities, Africa needs better management scholarship, education and practice. The purpose of the Africa Journal of Management (AJOM) is to advance management theory, research, education, practice and service in Africa by promoting the production and dissemination of high quality and relevant manuscripts. AJOM is committed to publishing original, rigorous, scholarly empirical and theoretical research papers, which demonstrate clear understanding of the management literature and draw on Africa’s local indigenous knowledge, wisdom and current realities. As the first scholarly journal of the Africa Academy of Management (AFAM), AJOM gives voice to all those who are committed to advancing management scholarship, education and practice in or about Africa, for the benefit of all of Africa. AJOM welcomes manuscripts that develop, test, replicate or validate management theories, tools and methods with Africa as the starting point. The journal is open to a wide range of quality, evidence-based methodological approaches and methods that “link” “Western” management theories with Africa’s indigenous knowledge systems, methods and practice. We are particularly interested in manuscripts which address Africa’s most important development needs, challenges and opportunities as well as the big management questions of the day. We are interested in research papers which address issues of ethical conduct in different African settings.