TITLE:
The Impact of Entrepreneurial Orientation on Innovation Performance in Nigerian Firms: The Mediating Effect of Knowledge Management
AUTHORS:
Abudu Kehinde Funmilayo, Mintah Clement, Ejiofor Nnaemeka Solomon, Elvis Kwame Ofori, Nsorah Johnkingsley Onyedikachi
KEYWORDS:
Innovation Performance, Knowledge Management Capability, Entrepreneurial Orientation, Nigeria., Ordinary Least Square Analysis
JOURNAL NAME:
Open Journal of Business and Management,
Vol.10 No.6,
November
22,
2022
ABSTRACT: Entrepreneurial orientation has grown in prominence as
a productive structure that includes complex sets of interactions that drive economic
actors’ competitive skills by inducing innovation. However few econometric indices have been carried out within emerging economies. Hence this paper seeks to investigate the impact of entrepreneurial orientations
on innovation performance in Nigeria, using knowledge management as a mediating
factor. Before doing so, we marry the insights of several pieces of works of literature
on knowledge management, and innovation performance, stemming from Organizational
Theory of Innovation, and Schumpeterian Theory of Innovation. A survey design was
adopted for the study. A valid sample of 329 impacted the study using the Cochran formulae for sample size determination.
The research employed the Partial Least Square method for the main analysis and
the Ordered Logistic Regression method for robustness check. In this study, we accept all hypotheses due to their
significant and mutual relationship to the measured variable. Though knowledge management
capability showed an insignificant impact on innovation performance, it correlated
strongly with innovation performance in the matrix analysis. Even though the knowledge
management capability construct variable was statistically insignificant on the
dependent variable, there was a positive correlation. This can further be investigated
in future research to ascertain reality. Hence, this research is a call on policy ramification and blueprint approach not only
for firms in Nigeria but in other jurisdictions striving for innovation performance. The research findings indicate that businesses with
high entrepreneurial orientation can identify new opportunities and have higher
inclination to successful performance.