Social capital and innovation capital: accountability towards small medium enterprises’ (SMEs) sustainable performance / Amrizah Kamaluddin … [et al.]

SMEs have the potential role to substantially contribute to the current and future economy. In today’s complex business environment, SMEs are facing various challenges in surviving and sustaining their operations.The sudden economic changes and globalization have seen many small enterprises failed i...

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Main Authors: Kamaluddin, Amrizah, Arshad, Roshayani, Akmal Hasan, Hazirah, Abu Samah, Siti Akmar
Format: Article
Language:English
Published: Universiti Teknologi MARA Cawangan Selangor 2016
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/30665/1/AJ_AMRIZAH%20KAMALUDDIN%20MAR%20B%2016.pdf
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author Kamaluddin, Amrizah
Arshad, Roshayani
Akmal Hasan, Hazirah
Abu Samah, Siti Akmar
author_facet Kamaluddin, Amrizah
Arshad, Roshayani
Akmal Hasan, Hazirah
Abu Samah, Siti Akmar
author_sort Kamaluddin, Amrizah
collection UITM
description SMEs have the potential role to substantially contribute to the current and future economy. In today’s complex business environment, SMEs are facing various challenges in surviving and sustaining their operations.The sudden economic changes and globalization have seen many small enterprises failed in managing their business. In this innovation capital and social capital are two main intangible resources in the organization,which are vital for sustainable performance in any organization. Hence,in discharging their accountability towards the relevant stakeholders, SMEs should deploy their intangible resources. In this regard, the main aim of this study is to investigate the relationship between innovation capital and social capital with SMEs performance. Data were captured via questionnaires, which were distributed to eighty SMEs companies in four states in Malaysia. The results of the study provide evidence that innovation capital and social capital influence the performance of SMEs. In addition, all the dimensions under innovation capital and social capital which are innovation capabilities, innovation culture, structural and relational are significantly positive related with SMEs performance. This reflects that intangible resources in SMEs being capability, culture in working environment, social interaction within organization, network, and the strength of ties among the employee are crucial to influence the efficiency of SMEs organization. Thus, the results of this study offer guidelines and evidences for SMEs in managing their intangible resources in order to be competitive and sustainable in business.
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spelling oai:ir.uitm.edu.my:306652020-06-03T03:18:07Z https://ir.uitm.edu.my/id/eprint/30665/ Social capital and innovation capital: accountability towards small medium enterprises’ (SMEs) sustainable performance / Amrizah Kamaluddin … [et al.] mar Kamaluddin, Amrizah Arshad, Roshayani Akmal Hasan, Hazirah Abu Samah, Siti Akmar HD Industries. Land use. Labor Small business. Medium-sized business SMEs have the potential role to substantially contribute to the current and future economy. In today’s complex business environment, SMEs are facing various challenges in surviving and sustaining their operations.The sudden economic changes and globalization have seen many small enterprises failed in managing their business. In this innovation capital and social capital are two main intangible resources in the organization,which are vital for sustainable performance in any organization. Hence,in discharging their accountability towards the relevant stakeholders, SMEs should deploy their intangible resources. In this regard, the main aim of this study is to investigate the relationship between innovation capital and social capital with SMEs performance. Data were captured via questionnaires, which were distributed to eighty SMEs companies in four states in Malaysia. The results of the study provide evidence that innovation capital and social capital influence the performance of SMEs. In addition, all the dimensions under innovation capital and social capital which are innovation capabilities, innovation culture, structural and relational are significantly positive related with SMEs performance. This reflects that intangible resources in SMEs being capability, culture in working environment, social interaction within organization, network, and the strength of ties among the employee are crucial to influence the efficiency of SMEs organization. Thus, the results of this study offer guidelines and evidences for SMEs in managing their intangible resources in order to be competitive and sustainable in business. Universiti Teknologi MARA Cawangan Selangor 2016-06 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/30665/1/AJ_AMRIZAH%20KAMALUDDIN%20MAR%20B%2016.pdf Social capital and innovation capital: accountability towards small medium enterprises’ (SMEs) sustainable performance / Amrizah Kamaluddin … [et al.]. (2016) Management & Accounting Review <https://ir.uitm.edu.my/view/publication/Management_=26_Accounting_Review/>, 15 (1). pp. 1-28. ISSN 1675-4077 http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/569
spellingShingle HD Industries. Land use. Labor
Small business. Medium-sized business
Kamaluddin, Amrizah
Arshad, Roshayani
Akmal Hasan, Hazirah
Abu Samah, Siti Akmar
Social capital and innovation capital: accountability towards small medium enterprises’ (SMEs) sustainable performance / Amrizah Kamaluddin … [et al.]
title Social capital and innovation capital: accountability towards small medium enterprises’ (SMEs) sustainable performance / Amrizah Kamaluddin … [et al.]
title_full Social capital and innovation capital: accountability towards small medium enterprises’ (SMEs) sustainable performance / Amrizah Kamaluddin … [et al.]
title_fullStr Social capital and innovation capital: accountability towards small medium enterprises’ (SMEs) sustainable performance / Amrizah Kamaluddin … [et al.]
title_full_unstemmed Social capital and innovation capital: accountability towards small medium enterprises’ (SMEs) sustainable performance / Amrizah Kamaluddin … [et al.]
title_short Social capital and innovation capital: accountability towards small medium enterprises’ (SMEs) sustainable performance / Amrizah Kamaluddin … [et al.]
title_sort social capital and innovation capital accountability towards small medium enterprises smes sustainable performance amrizah kamaluddin et al
topic HD Industries. Land use. Labor
Small business. Medium-sized business
url https://ir.uitm.edu.my/id/eprint/30665/1/AJ_AMRIZAH%20KAMALUDDIN%20MAR%20B%2016.pdf
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