Challenges faced by Pakistani pharmaceutical industry: An intellectual capital perspective

Khalique, Muhammad; Isa, Abu Hassan bin Md; Shaari, Jamal Abdul Nassir

doi:10.5861/ijrsm.2012.v1i1.27

Cited by 23 publications

(28 citation statements)

References 18 publications

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“…, 2021; Agostini et al. , 2017; Guthrie and Dumay, 2015; Khalique et al ., 2011a, b; Peña, 2002; Serenko and Bontis, 2009; Serenko, 2010). Intellectual capital has proved an important precursor of sustainable development through enhancements in innovation capital, value co-creation and organisational performance (Alvino et al.…”

Section: Introductionmentioning

confidence: 99%

How socio-cultural transition helps to improve entrepreneurial intentions among women?

Badghish

Ali

et al. 2022

JIC

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PurposeThe current research proposes a model that integrates certain psychological and demographic factors in developing and strengthening young Saudi women's perceptions of entrepreneurial resourcefulness, which eventually may lead to the development and enhancement of their entrepreneurial intentions. The study also examines the ways in which changing socio-cultural norms and values may augment investments and/or efforts to enhance cognitive enablers, including entrepreneurial resourcefulness, and thereby build and strengthen entrepreneurial intentions among female entrepreneurs (i.e. human capital) in a transitioning society. Saudi Arabia is a relevant research context because the Saudi government has invested enormous resources to develop the country's human capital, particularly Saudi government intends to enhance Saudi women's participation in entrepreneurial spheres to be enhanced significantly. Saudi Arabia is undergoing a radical socio-cultural transition, and the kingdom seeks to capitalise on this ongoing transformation to further encourage women to tap into their under-utilised potential. This study seeks to corroborate such moderation effects.Design/methodology/approachThe authors utilise the intellectual capital (IC) framework and theory of planned behaviour (TBP) to propose the conceptual model in this study. Using a sample of 628 young female respondents – potential entrepreneurs studying at various universities in Saudi Arabia, the authors test the hypothesised associations through partial least squares (PLS)-based path modelling.FindingsThe authors found a significant positive impact of psychological factors, such as perceived behavioural control, attitude towards entrepreneurship, subjective norms and entrepreneurial self-efficacy, on the development and enhancement of perceived entrepreneurial resourcefulness. In addition, demographic factors, including family income, family background, family business experience and entrepreneurship education, play a significant positive role in enhancing individuals' entrepreneurial resourcefulness perceptions. The authors further found that enhanced perceptions of perceived entrepreneurial resourcefulness develop and enhance entrepreneurial intentions among female entrepreneurs. However, the transformation in social and cultural norms significantly moderates this cause and effect relationship.Originality/valueThis study is among the first of its kind to investigate the moderating effects of social and cultural transformation on efforts and/or investments to enhance intellectual capital (more specifically, human capital) and thereby promote entrepreneurship. The study is also valuable for its focus on a unique context, i.e. female entrepreneurship in the Middle East and, more specifically, Saudi Arabia. The study offers useful insights and implications both for theory and practice, particularly for policymakers seeking to augment their intellectual capital formation efforts through an effective orchestration of socio-cultural transformation, which seeks to empower female entrepreneurs to succeed in the face of significant socio-cultural impediments.

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Section: Introductionmentioning

confidence: 99%

How socio-cultural transition helps to improve entrepreneurial intentions among women?

Badghish

Ali

et al. 2022

JIC

View full text Add to dashboard Cite

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“…Though entrepreneurs have tried to establish their own companies as SMEs, they fail to manage them on a long-term basis (Johara et al, 2017). The causal consequence is that the failure rate of SMEs in developing countries such as Malaysia and Bangladesh is over 50% (Nik et al, 2016;Khalique et al, 2011). Therefore, it is critical to comprehend the idea of business success from the eyes of small-business owners.…”

Section: Introductionmentioning

confidence: 99%

Measuring dimensions of perceived business success among Malaysian and Bangladeshi SME owners

Tehseen

Johara²,

Halbusi

et al. 2021

RAMJ

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PurposeThe purpose of this study is to examine the perceptions of Malaysian and Bangladeshi retail small- and medium-sized enterprise (SME) business owners on the key elements of business growth.Design/methodology/approachThe construct measurements have all been taken from previous researches. The data were gathered from retail SMEs in Malaysia and Bangladesh in order to evaluate entrepreneurs' perception towards the essential elements of a business performance. Structural equation modeling (SEM) with PLS-technique, specifically Smart-PLS Version 3.2.4, was used to accomplish the study's objectives and analyze the measurements, as well as the structural model.FindingsAccording to the findings, Malaysian and Bangladeshi SMEs have different perspectives toward the dimensions of their business performance. For example, Malaysian retail SME owners consider business growth and financial results to be the most important aspects of their success. Retailers consider financial performance to be less critical than non-financial performance when it comes to their business's success. Owners of Bangladeshi retail SMEs, on the other hand, see efficiency relative to competition, and that non-financial performance is the key component to achieving business success. In the sense of Bangladeshi SMEs, market development and financial results are seen as less significant in attaining success.Research limitations/implicationsSince this research was only conducted in Malaysia and Bangladesh, it did not cover a large number of countries. The sample size was limited; therefore, the findings of this study cannot be applied to the entire population of Malaysian and Bangladeshi retail SMEs due to the non-probability sampling technique.Practical implicationsThe findings of this study show that entrepreneurs or business owners in the retail sector in Malaysian and Bangladeshi SMEs view the attributes of their business performance differently.Originality/valueThis study adds to the rising context of entrepreneurship by examining SME owners' perception of main business performance dimensions in the scope of Asian retail SMEs.

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“…The issues are reflected in the increased food demand in the future due to the currently low supply from agro-food manufacturers (Ahmad, 2009;Gan et al, 2020). This presents attractive businesses opportunities for agro-food manufacturers, especially the SMEs, as the industry is rapidly growing (Khairuddin et al, 2020;Khalique et al, 2011;Mohamad et al, 2020;Talib et al, 2013) and offers SMEs with the potential to expand their businesses. Alam et al (2011) highlighted that failure to understand the importance of marketing innovation in building customer's trust will pose barriers to food processing, including marketing strategies and market orientation.…”

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Measuring market orientation, innovative marketing strategies and performance: evidence from the Malaysian agro-food manufacturers

Kamarulzaman

Khairuddin

Hashim

et al. 2021

JADEE

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PurposeThis paper aims to investigate the relationship between market orientation and innovative marketing strategies and the effect of innovative marketing strategies on the performance of agro-food manufacturers.Design/methodology/approachSystematic random sampling was used, and semi-structured interviews were conducted with 380 agro-food manufacturers. Several statistical analyses, including Pearson correlation analysis and logistic regression analysis, were used to analyze the relationship between market orientation and innovative marketing strategies, and the effect of innovative marketing strategies on the performance of agro-food manufacturers.FindingsAll dimensions of market orientation – customer orientation, competitor orientation and inter-functional coordination – have significant relationships with innovative marketing strategies (product, price, promotion and distribution), while customer orientation and promotion showed a very strong relationship among other variables measured. Innovative marketing strategies, specifically promotion, had the most effect on the performance of agro-food manufacturers.Research limitations/implicationsThe sample for this study was selected among agro-food manufacturers in major locations in Peninsular Malaysia. Hence, the findings may only give an initial overview of the current state of the agro-food manufacturers.Originality/valueThis study highlighted the significance of market orientation and innovative marketing strategies for the betterment of performance in the agro-food manufacturing sector.

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Challenges faced by Pakistani pharmaceutical industry: An intellectual capital perspective

Cited by 23 publications

References 18 publications

How socio-cultural transition helps to improve entrepreneurial intentions among women?

How socio-cultural transition helps to improve entrepreneurial intentions among women?

Measuring dimensions of perceived business success among Malaysian and Bangladeshi SME owners

Measuring market orientation, innovative marketing strategies and performance: evidence from the Malaysian agro-food manufacturers

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