Design management capabilities and performance of small and medium-scale enterprises

被引:0
|
作者
Gideon Opoku Tuffuor [1 ]
Kwame Owusu Kwateng [2 ]
Francis Kamewor Tetteh [2 ]
Collins Kankam-Kwarteng [3 ]
Benedicta Kwakye [4 ]
机构
[1] Kwame Nkrumah University of Science and Technology,Department of Marketing and Corporate Strategy, KNUST School of Business
[2] Kwame Nkrumah University of Science and Technology,Department of Supply Chain and Information Systems, KNUST School of Business
[3] Kumasi Technical University,Department of Marketing, School of Business
[4] Kwame Nkrumah University of Science and Technology,Registrar’s Office
关键词
Design management capability; Innovation; Firm performance; Small and medium-scale enterprises;
D O I
10.1186/s13731-024-00457-6
中图分类号
学科分类号
摘要
This paper examines how innovation mediates the relationship between design management capabilities (DMCs) and firm performance. While these concepts have attracted attention in strategic management literature, how they interact to drive the success of small and medium-scale enterprises (SMEs) is not fully understood. Drawing on the dynamic capability perspective, and empirical data from SMEs in Ghana, the proposed model was validated. Survey data were gathered from 209 managers/owners of SMEs in Ghana. Structural equation modeling (SEM) was used to examine the proposed relationships in the model. The findings revealed that there is an insignificant but positive link between design management capabilities and the performance of businesses. Also, innovation is seen to fully mediate the design management capability–firm performance relationship. The results confirmed that SMEs that exhibit good innovative skills in addition to demonstrating design management capabilities can perform well in the market. Studies on design management capability–firm performance relationship is quite rare in the African context. Thus, this paper provides a contemporary view to help stakeholders achieve sustainable benefits by understanding the dynamics of design management capabilities–firm performance relationship.
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