IDEAS home Printed from https://ideas.repec.org/a/eco/journ3/2024-05-15.html
   My bibliography  Save this article

The Impact of Strategic Entrepreneurship on Sustainable Competitive Advantage: A Field Research in Egypt’s Petrochemicals and Energy Sector

Author

Listed:
  • Nahla G.A. Arabi

    (Department of Business Administration, Faculty of Art and Science, Jouf University, Al Quriat, Saudi Arabia)

  • Noha Khalifa Seddig Ahmed

    (Department of Management, Faculty of Business Administration, University of Tabuk, Tabuk, Saudi Arabia)

Abstract

The purpose of this research is to examine the impact of the strategic entrepreneurship, on sustainable competitive advantage in Egyptian’s petrochemicals and energy sector. The study adopts the quantitative approach specifically for the verification of hypotheses, by using the questionnaire to collect data from a sample of 500 senior managers. The results reveal that there is a statistically significant correlation between the five variables strategic entrepreneurship under study, namely: continuous innovation, Opportunity-Based Mindset, Proactive Behavior, Risk Taking, Value Creation, and sustainable competitive advantage, as the correlation coefficient recorded a significant positive correlation between strategic entrepreneurship and sustainable competitive advantage, as it amounted to (0.687**). According to multiple regression analysis, the researchers found that value creation capabilities has a strong predictive value for competitive advantage and continuous innovation has the lowest predictive value, accordingly the study recommends that a more effective policy for enhancing strategic entrepreneurship generally and continuous innovation specifically should be formulated in Egyptian’s petrochemicals and energy sector.

Suggested Citation

  • Nahla G.A. Arabi & Noha Khalifa Seddig Ahmed, 2024. "The Impact of Strategic Entrepreneurship on Sustainable Competitive Advantage: A Field Research in Egypt’s Petrochemicals and Energy Sector," International Review of Management and Marketing, Econjournals, vol. 14(5), pages 140-150, September.
    • Handle: RePEc:eco:journ3:2024-05-15
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/irmm/article/download/16786/8181
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/irmm/article/view/16786
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Zoltan J. Acs & Erik Stam & David B. Audretsch & Allan O’Connor, 2017. "The lineages of the entrepreneurial ecosystem approach," Small Business Economics, Springer, vol. 49(1), pages 1-10, June.
    2. Dovev Lavie & Pamela R. Haunschild & Poonam Khanna, 2012. "Organizational differences, relational mechanisms, and alliance performance," Strategic Management Journal, Wiley Blackwell, vol. 33(13), pages 1453-1479, December.
    3. Cohen, Boyd & Winn, Monika I., 2007. "Market imperfections, opportunity and sustainable entrepreneurship," Journal of Business Venturing, Elsevier, vol. 22(1), pages 29-49, January.
    4. David J Teece, 2014. "A dynamic capabilities-based entrepreneurial theory of the multinational enterprise," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 45(1), pages 8-37, January.
    5. Iuan-Yuan Lu & Tsuanq Kuo & Ting-Syuan Lin & Gwo-Hshiung Tzeng & Shan-Lin Huang, 2016. "Multicriteria Decision Analysis to Develop Effective Sustainable Development Strategies for Enhancing Competitive Advantages: Case of the TFT-LCD Industry in Taiwan," Sustainability, MDPI, vol. 8(7), pages 1-31, July.
    6. Garry Bruton & David Ahlstrom & Steven Si, 2015. "Entrepreneurship, poverty, and Asia: Moving beyond subsistence entrepreneurship," Asia Pacific Journal of Management, Springer, vol. 32(1), pages 1-22, March.
    7. Teece, David J, 2018. "Dynamic capabilities as (workable) management systems theory," Journal of Management & Organization, Cambridge University Press, vol. 24(3), pages 359-368, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shaker A. Zahra & Olga Petricevic & Yadong Luo, 2022. "Toward an action-based view of dynamic capabilities for international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(4), pages 583-600, June.
    2. Rafael Robina-Ramírez & Antonio Fernández-Portillo & Juan Carlos Díaz-Casero, 2019. "Green Start-Ups’ Attitudes towards Nature When Complying with the Corporate Law," Complexity, Hindawi, vol. 2019, pages 1-17, February.
    3. Abel Duarte Alonso & Seng K. Kok & Seamus O'Brien, 2019. "Understanding Approaches To Innovation Through The Dynamic Capabilities Lens: A Multi-Country Study Of The Wine Industry," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(06), pages 1-30, August.
    4. Ayden, Yuksel & Tatoglu, Ekrem & Glaister, Keith W. & Demirbag, Mehmet, 2021. "Exploring the internationalization strategies of Turkish multinationals: A multi-perspective analysis," Journal of International Management, Elsevier, vol. 27(3).
    5. repec:ehu:cuader:52002 is not listed on IDEAS
    6. Peterson, Mark, 2020. "Modeling country entrepreneurial activity to inform entrepreneurial-marketing research," Journal of Business Research, Elsevier, vol. 113(C), pages 105-116.
    7. Fahimeh Khatami & Veronica Scuotto & Norris Krueger & Valter Cantino, 2022. "The influence of the entrepreneurial ecosystem model on sustainable innovation from a macro-level lens," International Entrepreneurship and Management Journal, Springer, vol. 18(4), pages 1419-1451, December.
    8. Baoshan Ge & Yibing Yang & Dake Jiang & Yang Gao & Xiaomin Du & Tingting Zhou, 2018. "An Empirical Study on Green Innovation Strategy and Sustainable Competitive Advantages: Path and Boundary," Sustainability, MDPI, vol. 10(10), pages 1-18, October.
    9. Christofi, Michael & Zahoor, Nadia & Hadjielias, Elias & Adomako, Samuel, 2024. "Business model innovation and international performance of emerging market international businesses," Journal of International Management, Elsevier, vol. 30(1).
    10. Olga Petricevic & David J Teece, 2019. "The structural reshaping of globalization: Implications for strategic sectors, profiting from innovation, and the multinational enterprise," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(9), pages 1487-1512, December.
    11. Pankov, Susanne & Schneckenberg, Dirk & Velamuri, Vivek K., 2021. "Advocating sustainability in entrepreneurial ecosystems: Micro-level practices of sharing ventures," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    12. Christine Volkmann & Klaus Fichter & Magnus Klofsten & David B. Audretsch, 2021. "Sustainable entrepreneurial ecosystems: an emerging field of research," Small Business Economics, Springer, vol. 56(3), pages 1047-1055, February.
    13. Ilgaz Arikan & Ipek Koparan & Asli M Arikan & Oded Shenkar, 2022. "Dynamic capabilities and internationalization of authentic firms: Role of heritage assets, administrative heritage, and signature processes," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(4), pages 601-635, June.
    14. Lori DiVito & Zita Ingen-Housz, 2021. "From individual sustainability orientations to collective sustainability innovation and sustainable entrepreneurial ecosystems," Small Business Economics, Springer, vol. 56(3), pages 1057-1072, February.
    15. Mostafa A. Ali & Nazimah Hussin & Hossam Haddad & Dina Alkhodary & Ahmad Marei, 2021. "Dynamic Capabilities and Their Impact on Intellectual Capital and Innovation Performance," Sustainability, MDPI, vol. 13(18), pages 1-32, September.
    16. Ivona Huđek & Polona Tominc & Karin Širec, 2021. "The Impact of Social and Cultural Norms, Government Programs and Digitalization as Entrepreneurial Environment Factors on Job and Career Satisfaction of Freelancers," Sustainability, MDPI, vol. 13(2), pages 1-20, January.
    17. Sanjay Chaudhary & Puneet Kaur & Hind Alofaysan & Jantje Halberstadt & Amandeep Dhir, 2023. "Connecting the dots? Entrepreneurial ecosystems and sustainable entrepreneurship as pathways to sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5935-5951, December.
    18. Susanne Pankov & Vivek K. Velamuri & Dirk Schneckenberg, 2021. "Towards sustainable entrepreneurial ecosystems: examining the effect of contextual factors on sustainable entrepreneurial activities in the sharing economy," Small Business Economics, Springer, vol. 56(3), pages 1073-1095, February.
    19. Samuel Adomako & Mai Dong Tran, 2023. "Doing well and being responsible: The impact of corporate social responsibility legitimacy on responsible entrepreneurship," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(4), pages 1794-1804, July.
    20. Swen Nadkarni & Reinhard Prügl, 2021. "Digital transformation: a review, synthesis and opportunities for future research," Management Review Quarterly, Springer, vol. 71(2), pages 233-341, April.
    21. Yonggu Kim & Keeyoung Shin & Joseph Ahn & Eul-Bum Lee, 2017. "Probabilistic Cash Flow-Based Optimal Investment Timing Using Two-Color Rainbow Options Valuation for Economic Sustainability Appraisement," Sustainability, MDPI, vol. 9(10), pages 1-16, October.

    More about this item

    Keywords

    Strategic Entrepreneurship; Sustainable Competitive Advantage; Egypt; Petrochemicals and Energy Sector;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ3:2024-05-15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.