A study on innovative culture, strategic planning and SMEs performance in Punjab, Pakistan

A study on innovative culture, strategic planning and SMEs performance in Punjab, Pakistan

The main objective of this study was to examine the relationship between innovative culture (IC), strategic planning (SP), and small and medium enterprises’ (SMEs) performance in Punjab, Pakistan. Data were collected from selected SMEs operating in Punjab, Pakistan using a cross-sectional study desi...

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Main Author: Salman, Rabia
Format: Thesis
Language:eng
eng
Published: 2017
Subjects:
HD60 Small Business.
Online Access:https://etd.uum.edu.my/7328/1/s95570_01.pdf
https://etd.uum.edu.my/7328/2/s95570_02.pdf
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id my-uum-etd.7328
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Arshad, Darwina
Abu Bakar, Lily Julienti
topic HD60 Small Business.
spellingShingle HD60 Small Business.
Salman, Rabia
A study on innovative culture, strategic planning and SMEs performance in Punjab, Pakistan
description The main objective of this study was to examine the relationship between innovative culture (IC), strategic planning (SP), and small and medium enterprises’ (SMEs) performance in Punjab, Pakistan. Data were collected from selected SMEs operating in Punjab, Pakistan using a cross-sectional study design. This study adopted the simple random sampling of 353 respondents. Questionnaires were distributed to the respondents and the data were collected through the personally-administered method. The Partial Least Squares Structural Equational Modeling (PLS-SEM) was used to test the hypotheses. This study found that innovative cultural values, processes, and success factors have positive influences on SMEs’ performance directly but innovative cultural behavior, climate, and resources do not effect SMEs’ performance. The study also revealed that SP has a direct positive relationship on SMEs’ performance. The study further revealed that SP as a mediating variable has a significant effect on the relationship between SMEs’ performance and innovative cultural processes and success. However, SP as a mediating variable has no significant effect on the relationship between SMEs’ performance and innovative cultural values, behavior, climate and resources. The results of the study further highlighted important insights to owner-managers, policy-makers and researchers to further understand the effects of IC and SP on SMEs’ performance. Owner-managers of SMEs should emphasize IC’s values, processes and resources, and SP to enhance SMEs’ performance. Strategy planners and policy-makers should encourage and implement such policies which include IC and SP for enhancing SMEs’ performance. Lastly, the limitations of the study and avenues for the future research are discussed.
format Thesis
qualification_name Ph.D.
qualification_level Doctorate
author Salman, Rabia
author_facet Salman, Rabia
author_sort Salman, Rabia
title A study on innovative culture, strategic planning and SMEs performance in Punjab, Pakistan
title_short A study on innovative culture, strategic planning and SMEs performance in Punjab, Pakistan
title_full A study on innovative culture, strategic planning and SMEs performance in Punjab, Pakistan
title_fullStr A study on innovative culture, strategic planning and SMEs performance in Punjab, Pakistan
title_full_unstemmed A study on innovative culture, strategic planning and SMEs performance in Punjab, Pakistan
title_sort study on innovative culture, strategic planning and smes performance in punjab, pakistan
granting_institution Universiti Utara Malaysia
granting_department School of Business Management
publishDate 2017
url https://etd.uum.edu.my/7328/1/s95570_01.pdf
https://etd.uum.edu.my/7328/2/s95570_02.pdf
_version_ 1747828197588729856
spelling my-uum-etd.73282021-08-18T06:47:16Z A study on innovative culture, strategic planning and SMEs performance in Punjab, Pakistan 2017 Salman, Rabia Arshad, Darwina Abu Bakar, Lily Julienti School of Business Management School of Business Management HD60 Small Business. The main objective of this study was to examine the relationship between innovative culture (IC), strategic planning (SP), and small and medium enterprises’ (SMEs) performance in Punjab, Pakistan. Data were collected from selected SMEs operating in Punjab, Pakistan using a cross-sectional study design. This study adopted the simple random sampling of 353 respondents. Questionnaires were distributed to the respondents and the data were collected through the personally-administered method. The Partial Least Squares Structural Equational Modeling (PLS-SEM) was used to test the hypotheses. This study found that innovative cultural values, processes, and success factors have positive influences on SMEs’ performance directly but innovative cultural behavior, climate, and resources do not effect SMEs’ performance. The study also revealed that SP has a direct positive relationship on SMEs’ performance. The study further revealed that SP as a mediating variable has a significant effect on the relationship between SMEs’ performance and innovative cultural processes and success. However, SP as a mediating variable has no significant effect on the relationship between SMEs’ performance and innovative cultural values, behavior, climate and resources. The results of the study further highlighted important insights to owner-managers, policy-makers and researchers to further understand the effects of IC and SP on SMEs’ performance. Owner-managers of SMEs should emphasize IC’s values, processes and resources, and SP to enhance SMEs’ performance. Strategy planners and policy-makers should encourage and implement such policies which include IC and SP for enhancing SMEs’ performance. Lastly, the limitations of the study and avenues for the future research are discussed. 2017 Thesis https://etd.uum.edu.my/7328/ https://etd.uum.edu.my/7328/1/s95570_01.pdf text eng public https://etd.uum.edu.my/7328/2/s95570_02.pdf text eng public Ph.D. doctoral Universiti Utara Malaysia Abdi, K., & Senin, aslan amat. (2014). Investigation on the Impact of Organizational Culture on Organization Innovation Kambiz Abdi 1 and Aslan Amat Senin 1. Journal of Management Policies and Practices, 2(2), 1–10. http://doi.org/10.1108/20425961211246532 Abouzeedan, A. (2011). SME Performance and Its Relationship to Innovation. Journal of Entrepreneurship, Management and Sustainable Development, 2(3), 102–125. http://doi.org/9.1005/20425961211247345 Abouzeedan, A., Klofsten, M., & Hedner, T. (2012). 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