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The impact of entrepreneurial Orientation and firm performance: Mediating role of open innovation, Study of furniture manufacturing companies in Malaysia

Entrepreneurship and innovation are topics of great interest for the scientific community, firms and for all major governments worldwide. Malaysian furniture industry play an important role in economic development and income growth. However, increasing business competition has placed Malaysian fu...

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Main Author: Akbar, Fazal
Format: Thesis
Language:English
English
English
Published: 2022
Subjects:
HG4001-4285 Finance management. Business finance. Corporation finance
Online Access:http://eprints.uthm.edu.my/8417/1/24p%20FAZAL%20AKBAR.pdf
http://eprints.uthm.edu.my/8417/2/FAZAL%20AKBAR%20COPYRIGHT%20DECLARATION.pdf
http://eprints.uthm.edu.my/8417/3/FAZAL%20AKBAR%20WATERMARK.pdf
http://eprints.uthm.edu.my/8417/
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spelling my.uthm.eprints.84172023-02-26T07:13:50Z http://eprints.uthm.edu.my/8417/ The impact of entrepreneurial Orientation and firm performance: Mediating role of open innovation, Study of furniture manufacturing companies in Malaysia Akbar, Fazal HG4001-4285 Finance management. Business finance. Corporation finance Entrepreneurship and innovation are topics of great interest for the scientific community, firms and for all major governments worldwide. Malaysian furniture industry play an important role in economic development and income growth. However, increasing business competition has placed Malaysian furniture companies in a vulnerable position especially by cheap furniture producing countries like Vietnam and China. Undoubtedly, their success in responding to the challenges of their business environment depends, in great part, on their strategy for engaging in entrepreneurial behaviours and openness to innovation. The aim of the study was to empirically examine entrepreneurial orientation and open innovation dimensions that can be used by owner/managers/entrepreneurs whenever deciding whether or not to introduce innovation into the Malaysian manufacturing sector. The research used mixed-method research design in a QUAN-qual context to administer survey questionnaires and interviews of furniture manufacturer’s managers and owner’s in Johor state respectively. In the quantitative strand, a purposive sampling strategy was used to administer questionnaires to a total of 150 furniture firms’ owner/managers in Johor state. A total of 82 questionnaires were finally used in the analysis. The low response rate was due to the Covid-19 pandemic, however according to GPower sampling measures these response were adequate. Using a purposive case sampling strategy, a total of 5 furniture firm’s managers/owners were purposefully selected from three different locations in Johor Malaysia to participate in the interview. The quantitative data was analysed using Statistical Package for Social Science (SPSS) and Partial Least Squares Structural Equation Modelling Software, SmartPLS 3.2.6. The qualitative data was coded, categorised and then later analysed through Thematic Network Analysis. The research findings strengthens understanding of the EO and IO concept and their relations to firm performance within a context to those reported in prior studies. The R-square value for firm performance reached 0.409, for inbound innovation 0.308, and for outbound innovation were 0.268, accordingly. Even then, the overall R-square value for firm performance is 0.409, implying that the study's independent variables can demonstrate 40.9 percent of the variance in firm performance. Independent entrepreneurial orientation constructs can describe 30.8 percent of inbound innovation variance and 26.8 percent of outbound innovation heterogeneity. The study’s empirical findings provide the basis for recommendations for furniture industry in enhancing their EO and IO for policy-makers to design entrepreneurship and innovation support programs and initiatives for the industry. 2022-03 Thesis NonPeerReviewed text en http://eprints.uthm.edu.my/8417/1/24p%20FAZAL%20AKBAR.pdf text en http://eprints.uthm.edu.my/8417/2/FAZAL%20AKBAR%20COPYRIGHT%20DECLARATION.pdf text en http://eprints.uthm.edu.my/8417/3/FAZAL%20AKBAR%20WATERMARK.pdf Akbar, Fazal (2022) The impact of entrepreneurial Orientation and firm performance: Mediating role of open innovation, Study of furniture manufacturing companies in Malaysia. Doctoral thesis, Universiti Tun Hussein Onn Malaysia.
institution Universiti Tun Hussein Onn Malaysia
building UTHM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tun Hussein Onn Malaysia
content_source UTHM Institutional Repository
url_provider http://eprints.uthm.edu.my/
language English
English
English
topic HG4001-4285 Finance management. Business finance. Corporation finance
spellingShingle HG4001-4285 Finance management. Business finance. Corporation finance
Akbar, Fazal
The impact of entrepreneurial Orientation and firm performance: Mediating role of open innovation, Study of furniture manufacturing companies in Malaysia
description Entrepreneurship and innovation are topics of great interest for the scientific community, firms and for all major governments worldwide. Malaysian furniture industry play an important role in economic development and income growth. However, increasing business competition has placed Malaysian furniture companies in a vulnerable position especially by cheap furniture producing countries like Vietnam and China. Undoubtedly, their success in responding to the challenges of their business environment depends, in great part, on their strategy for engaging in entrepreneurial behaviours and openness to innovation. The aim of the study was to empirically examine entrepreneurial orientation and open innovation dimensions that can be used by owner/managers/entrepreneurs whenever deciding whether or not to introduce innovation into the Malaysian manufacturing sector. The research used mixed-method research design in a QUAN-qual context to administer survey questionnaires and interviews of furniture manufacturer’s managers and owner’s in Johor state respectively. In the quantitative strand, a purposive sampling strategy was used to administer questionnaires to a total of 150 furniture firms’ owner/managers in Johor state. A total of 82 questionnaires were finally used in the analysis. The low response rate was due to the Covid-19 pandemic, however according to GPower sampling measures these response were adequate. Using a purposive case sampling strategy, a total of 5 furniture firm’s managers/owners were purposefully selected from three different locations in Johor Malaysia to participate in the interview. The quantitative data was analysed using Statistical Package for Social Science (SPSS) and Partial Least Squares Structural Equation Modelling Software, SmartPLS 3.2.6. The qualitative data was coded, categorised and then later analysed through Thematic Network Analysis. The research findings strengthens understanding of the EO and IO concept and their relations to firm performance within a context to those reported in prior studies. The R-square value for firm performance reached 0.409, for inbound innovation 0.308, and for outbound innovation were 0.268, accordingly. Even then, the overall R-square value for firm performance is 0.409, implying that the study's independent variables can demonstrate 40.9 percent of the variance in firm performance. Independent entrepreneurial orientation constructs can describe 30.8 percent of inbound innovation variance and 26.8 percent of outbound innovation heterogeneity. The study’s empirical findings provide the basis for recommendations for furniture industry in enhancing their EO and IO for policy-makers to design entrepreneurship and innovation support programs and initiatives for the industry.
format Thesis
author Akbar, Fazal
author_facet Akbar, Fazal
author_sort Akbar, Fazal
title The impact of entrepreneurial Orientation and firm performance: Mediating role of open innovation, Study of furniture manufacturing companies in Malaysia
title_short The impact of entrepreneurial Orientation and firm performance: Mediating role of open innovation, Study of furniture manufacturing companies in Malaysia
title_full The impact of entrepreneurial Orientation and firm performance: Mediating role of open innovation, Study of furniture manufacturing companies in Malaysia
title_fullStr The impact of entrepreneurial Orientation and firm performance: Mediating role of open innovation, Study of furniture manufacturing companies in Malaysia
title_full_unstemmed The impact of entrepreneurial Orientation and firm performance: Mediating role of open innovation, Study of furniture manufacturing companies in Malaysia
title_sort impact of entrepreneurial orientation and firm performance: mediating role of open innovation, study of furniture manufacturing companies in malaysia
publishDate 2022
url http://eprints.uthm.edu.my/8417/1/24p%20FAZAL%20AKBAR.pdf
http://eprints.uthm.edu.my/8417/2/FAZAL%20AKBAR%20COPYRIGHT%20DECLARATION.pdf
http://eprints.uthm.edu.my/8417/3/FAZAL%20AKBAR%20WATERMARK.pdf
http://eprints.uthm.edu.my/8417/
_version_ 1758952405065531392
score 13.211869

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