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2016 | OriginalPaper | Buchkapitel

7. The Direct and Indirect Effects of Innovative Capability on Firm Performance: Evidence from Micro and Small Family Businesses in Ghana

verfasst von : Ahmed Agyapong, Moses Acquaah

Erschienen in: Family Businesses in Sub-Saharan Africa

Verlag: Palgrave Macmillan US

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Abstract

This chapter examines how innovative capability influences performance directly and indirectly through competitive strategy in family businesses. We used data from 321 micro and small family businesses in Ghana and the bootstrap procedure suggested by Preacher and Hayes (2008: Asymptotic and resampling strategies for assessing and comparing indirect effects in multiple mediator models. Behavior Research Methods, 40, 879–891) to test our hypotheses. The findings indicate that innovative capability directly influences the performance of micro and small family businesses. However, the mediation analyses show that only the competitive strategy of differentiation mediates the relationship between innovative capability and performance. We found no relationship between cost leadership strategy and the performance of micro and small family businesses in Ghana. Implications are discussed.

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Vorheriges Kapitel Women-Owned Family Businesses in Africa: Entrepreneurs Changing the Face of Progress

Nächstes Kapitel Social Capital, Market Competition, and Productivity Growth in Family Businesses in Ghana

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Titel: The Direct and Indirect Effects of Innovative Capability on Firm Performance: Evidence from Micro and Small Family Businesses in Ghana
verfasst von: Ahmed Agyapong
Moses Acquaah
Verlag: Palgrave Macmillan US
Buch: Family Businesses in Sub-Saharan Africa
Print ISBN: 978-1-137-37815-6

Electronic ISBN: 978-1-137-36143-1

Copyright-Jahr: 2016
DOI: https://doi.org/10.1057/978-1-137-36143-1_7

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