Strategic decision making and innovative performance of micro and small enterprises

The aim of the study is to examine the relationship between strategic decision speed and innovative performance of micro and small enterprises. Attention is focused not only on the direct effect of these two variables, but also its mediation by sharing information and at the same time moderating thi...

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Main Authors: Nadežda Jankelová, Zuzana Joniaková
Format: Article
Language:English
Published: Entrepreneurship and Sustainability Center 2022-03-01
Series:Entrepreneurship and Sustainability Issues
Online Access:https://jssidoi.org/jesi/article/947
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author Nadežda Jankelová
Zuzana Joniaková
author_facet Nadežda Jankelová
Zuzana Joniaková
author_sort Nadežda Jankelová
collection DOAJ
description The aim of the study is to examine the relationship between strategic decision speed and innovative performance of micro and small enterprises. Attention is focused not only on the direct effect of these two variables, but also its mediation by sharing information and at the same time moderating this effect on the one hand by the polychronicity of managers in strategic decision-making, goal congruence and trust in companies. The sample consisted of 244 respondents. Processing using PLS-SEM method in SmartPLS 3.0 software. The direct relationship between strategic decision speed and innovative performance of micro and small enterprises has not proved significant. Information sharing plays an important role in this relationship. The overall positive effect is also amplified by the effective goal congruence and organizational trust in the role of moderators. The importance of polychronicity on the intensity of the investigated relationship was not confirmed.
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spelling doaj.art-4a734b5dc8aa4f2ab1efeda7de3fb36d2024-01-05T10:16:14ZengEntrepreneurship and Sustainability CenterEntrepreneurship and Sustainability Issues2345-02822022-03-019324226410.9770/jesi.2022.9.3(15)Strategic decision making and innovative performance of micro and small enterprisesNadežda Jankelováhttps://orcid.org/0000-0002-0045-4737Zuzana Joniakováhttps://orcid.org/0000-0002-7706-2977The aim of the study is to examine the relationship between strategic decision speed and innovative performance of micro and small enterprises. Attention is focused not only on the direct effect of these two variables, but also its mediation by sharing information and at the same time moderating this effect on the one hand by the polychronicity of managers in strategic decision-making, goal congruence and trust in companies. The sample consisted of 244 respondents. Processing using PLS-SEM method in SmartPLS 3.0 software. The direct relationship between strategic decision speed and innovative performance of micro and small enterprises has not proved significant. Information sharing plays an important role in this relationship. The overall positive effect is also amplified by the effective goal congruence and organizational trust in the role of moderators. The importance of polychronicity on the intensity of the investigated relationship was not confirmed.https://jssidoi.org/jesi/article/947
spellingShingle Nadežda Jankelová
Zuzana Joniaková
Strategic decision making and innovative performance of micro and small enterprises
Entrepreneurship and Sustainability Issues
title Strategic decision making and innovative performance of micro and small enterprises
title_full Strategic decision making and innovative performance of micro and small enterprises
title_fullStr Strategic decision making and innovative performance of micro and small enterprises
title_full_unstemmed Strategic decision making and innovative performance of micro and small enterprises
title_short Strategic decision making and innovative performance of micro and small enterprises
title_sort strategic decision making and innovative performance of micro and small enterprises
url https://jssidoi.org/jesi/article/947
work_keys_str_mv AT nadezdajankelova strategicdecisionmakingandinnovativeperformanceofmicroandsmallenterprises
AT zuzanajoniakova strategicdecisionmakingandinnovativeperformanceofmicroandsmallenterprises