Revitalizing Supply Chains: The Impact of Corporate Entrepreneurship on Robustness and Agility - A Data-Driven Investigation
Nils-Ole Hohenstein and
Sebastian Sturm
A chapter in Recent Advances, New Perspectives and Applications in Strategic Management from IntechOpen
Abstract:
The intersection of entrepreneurship and supply chain risk management remains an underexplored research area. Therefore, this article examines and empirically validates the relationships between corporate entrepreneurship, supply chain robustness, and supply chain agility as well as the financial and commercial dimensions of business performance. Based on an examination of the extant literature, a research framework proposing positive relationships among these components is introduced. To validate the hypotheses, the authors employ partial least squares structural equation modeling and analyze survey data obtained from 168 global firms. Except for the connections between (1) supply chain robustness and commercial performance and (2) supply chain agility and financial performance, significant positive path coefficients are observed for all hypothesized relationships. According to the findings, corporate entrepreneurship promotes both supply chain robustness and supply chain agility to mitigate supply chain disturbances. In addition, corporate entrepreneurship, supply chain robustness, and supply chain agility enhance different dimensions of business performance. Thereby, we advance the understanding of supply chain risk management by bridging the gap between these research streams.
Keywords: corporate entrepreneurship; supply chain robustness; supply chain agility; business performance; supply chain risk management; structural equation modeling (search for similar items in EconPapers)
JEL-codes: M10 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:318763
DOI: 10.5772/intechopen.114100
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