Academy of Entrepreneurship Journal (Print ISSN: 1087-9595; Online ISSN: 1528-2686)

Abstract

Implications of Percieved Feasibily and Percieved Desirabity on Competencies of Employees of SMEs in Ghana

Author(s): Abigail Padi

The purpose of the study was to investigate the influence of antecedents of corporate entrepreneurship (CE) on competencies of employees of Small and Medium Scale Enterprises (SMEs) in Sekondi-Takoradi Metropolis, considering the respective mediating and moderating roles of employees’ perceived feasibility and desirability. Cross-sectional and descriptive survey design that makes use of quantitative approach was used. A sample of 449 employees of SMEs in the Metropolis was used. Computer method of simple random sampling technique was used to select the firms and the employees. A questionnaire with a reliability coefficient ranging from .701 to .887 was used to collect the data. Out of the 449 respondents sampled, the study was able to collect data from 400 respondents. Pearson product moment correlation, hierarchical multiple regression analysis and Hayes (2018) mediation and moderation process analysis were used to analyse the data. It was revealed that when employees perceive organisational and environmental factors such as organisational structure, management support, resource availability, reward and motivation, competitive intensity, technology changes, and market dynamics in positive terms, they are likely to belief that they possess the necessary skills and abilities required to be successful in undertaking a task which will in turn boost the level at which they want to become an intrapreneur. These dynamics in the long run will boost their ability to develop, organise and manage a business venture along with any of its risks; and also help them perform their respective jobs successfully. It was recommended to owners/managers of SMEs to ensure that they champion innovative ideas, recognise employees who articulate good ideas, and provide the necessary resources to all employees to help boost their corporate entrepreneurial actions.

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