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Synergetic impact of knowledge management and access to finance over open innovation for performance of SMEs

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  • Muzaffar Asad

Abstract

Access to finance has widely been accepted as a means of gaining performance for SMEs, likewise, knowledge management for achieving performance is gaining importance especially in the SMEs of developing economies. Similarly, the role of open innovation has also been well established in several prior studies, however, the major contribution of the research is the identification of mediating role of open innovation between resources and performance. For testing the developed framework based on knowledge management theory and resource-based view, the author used structural equation modelling. The study was a cross-sectional survey design that was applied using a sample of 364 owners and managers of SMEs. The findings confirmed that both the resources create synergy and significantly enhance performance in the presence of open innovation. The study along with supporting knowledge management theory and resource-based view of the firm also holds significant policy implications.

Suggested Citation

  • Muzaffar Asad, 2024. "Synergetic impact of knowledge management and access to finance over open innovation for performance of SMEs," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 28(3/4), pages 272-293.
    • Handle: RePEc:ids:ijecbr:v:28:y:2024:i:3/4:p:272-293
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