SME

This chapter examines the relationship between entrepreneurial orientation (EO), organizational reconfiguration, absorptive capability, and organizational resilience, with a focus on Small and Medium Enterprises (SMEs). These topics are crucial in management and organizational studies, but they have rarely been studied concurrently. By investigating the role of organizational reconfiguration and absorptive aptitude in mediating the relationship between EO and organizational resilience, this study fills a knowledge gap. The research found that EO has a positive impact on organizational resilience, highlighting the importance of an entrepreneurial mindset in adapting to market changes and seizing opportunities. The study also emphasizes the mediating role of absorptive capabilities in enhancing SMEs’ resilience. Although organizational reconfiguration showed no direct impact, the findings provide practical guidance for SMEs to focus on entrepreneurial behavior and invest in absorptive capacities, which can contribute to economic growth and inform policies that support a more resilient SME landscape in Ghana. The study concludes that SMEs with a more entrepreneurial mindset are better equipped to adapt to changes in the market, take calculated risks, be proactive, and seek new opportunities. Overall, the study makes significant contributions to academic research in the fields of entrepreneurship and organizational resilience, especially in the context of SMEs. Its findings are academically relevant and offer practical insights for business leaders and policymakers, making it a valuable addition to the current body of knowledge.

Author(s) Details:

Lydia Asare-Kyire,
Department of Entrepreneurship and Finance, Kumasi Technical University, Ghana.

Owusu Ackah,
Department of Management and Public Administration, Accra Technical University, Ghana.

Charles Akomea Bonsu,
Department of Entrepreneurship and Finance, Kumasi Technical University, Ghana.

William Ansah Appienti,
Department of Entrepreneurship and Finance, Kumasi Technical University, Ghana.

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