Abstrakt: |
This paper aims to examine the effects of knowledge management practices and the dynamic capabilities of entrepreneurs on the entrepreneurial performance of small-medium enterprises (SMEs). This study also proposes a holistic approach to achieve entrepreneurial performance through dynamic capabilities. The sample data of 486 respondents from textile-based small-medium enterprises were collected through a self-administered survey and data was analysed by applying structural equation modelling. The empirical results show that knowledge management practices, such as knowledge sharing behaviour, innovative capacity, and absorptive capacity, are significantly correlated with the development of entrepreneurs' dynamic capability, thus improving their performance. At the same time, this study also confirms that opportunity recognition has a positive effect on the relationship of dynamic capability and entrepreneurial performance of SMEs. The findings of this study guide business practitioners and policymakers in strategy formulation envisioned to encourage entrepreneurs who contribute to the country's sustainable economic growth. In addition, this study contributes to the existing literature of knowledge management practices with knowledge sharing behaviour, innovative capacity, absorptive capacity, and more intended to involve the role of opportunity recognition. This study also offers practical implications for managers and policy makers to enhance entrepreneurial performance of firms. |