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Article
Publication date: 8 February 2023

Michael Karikari Appiah, Samuel Amponsah Odei and Gifty Kumi-Amoah

The purposes of this study are: to investigate how the dimensions of resource competitive strategies impact on small and medium enterprises’ (SMEs) intention to invest in Ghana’s…

Abstract

Purpose

The purposes of this study are: to investigate how the dimensions of resource competitive strategies impact on small and medium enterprises’ (SMEs) intention to invest in Ghana’s downstream petroleum sector and to develop a model to explain the moderating role of local content policy on the relationship between competitive strategies and investment intention of SMEs. Focusing on the Ghanaian SMEs, quantitative research approach and survey questionnaire have been used. The research hypotheses have been tested using variance-based structural equation modeling technique.

Design/methodology/approach

Since the Ghanaian Parliament passed the Local Content and Local Participation Policy (LI.2204) into law in 2013, successive governments have strived to optimize oil and gas benefits and encouraged local participation, yet the actual impacts are mixed, ambiguous and inconsequential. This paper further argues that the extent to which the local content policy role moderates the relationship between firms’ internal resources (proxied as competitive strategies) and investment intention in the energy sector remains largely unexplored.

Findings

The results have shown that competitive strategies such as entrepreneurial competency, finance resources and technological usage have positive and significant effects on SME's investment intention. Again, local content policies exert significant moderating effect on SMEs’ investment intention.

Practical implications

The policy implication of these results includes the need to strengthen regulatory capacity of the Petroleum Commission to enforce local content implementation in Ghana to enhance indigenous participation in the sector.

Originality/value

Theoretically, using the resource-based view theory, this study has offered a robust predictability of SMEs investment’s determinants in an emerging economy.

Details

International Journal of Energy Sector Management, vol. 18 no. 1
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 17 May 2023

Michael Karikari Appiah, Evelyn Toseafa, Aloysius Sam, Felix Danso and Alex Nsowah

Despite the enormous expectant opportunities from the African Continental Free Trade Area (AfCFTA), including creating a single continental market for goods and services, trade…

Abstract

Purpose

Despite the enormous expectant opportunities from the African Continental Free Trade Area (AfCFTA), including creating a single continental market for goods and services, trade and investment, one key deterrent has remained fiercely unresolved due to failed trajectories with similar regional markets initiatives in the continent, and that is environmental uncertainty. To address this concern, this paper aims to develop a sustainability enabled-model to facilitate the adoption of AfCFTA under uncertain environment conditions to guide prospective investors and facilitators.

Design/methodology/approach

This study is anchored on quantitative research approach and positivists’ paradigm. Survey strategy has been used to collect data from 520 medium-sized firms across Ghana. Data analyses have been conducted with the using smart partial least squares version 3.3.3 analytical tool and structural equation modeling modality.

Findings

The findings have showed that institutionalization, supply chain integration, supply chain resilience and innovativeness have positive effects on AfCFTA adoption under uncertainty. Moreover, AfCFTA adoption provides mechanisms through which to attain sustainable supply chain performance. Meanwhile, environmental uncertainty negatively influences AfCFTA adoption, and weakens the relationships between the adoption and sustainability performance.

Originality/value

This paper has developed an integrated investment decision model to facilitate AfCFTA adoption under environmental uncertainty. It provides new insights into the African free market to guide policymakers, practitioners, academics and promoters of AfCFTA on sustainability initiatives that influence its adoption under uncertainty. Moreover, the new model, which serves as a strategic tool for decision-making, could be used to stimulate the ratification and the trade facilitation measures to build strong confidence in current and prospective investors.

Details

International Journal of Development Issues, vol. 22 no. 2
Type: Research Article
ISSN: 1446-8956

Keywords

Article
Publication date: 8 August 2022

Michael Karikari Appiah, Samuel Amponsah Odei, Gifty Kumi-Amoah and Samuel Ankomah Yeboah

This study aims to examine the relationship between green supply chain management (Green SCM) practices and environmental performance, and develop an integrated model to explain…

Abstract

Purpose

This study aims to examine the relationship between green supply chain management (Green SCM) practices and environmental performance, and develop an integrated model to explain the mediating role of ecocentricity on the relationship between Green SCM practices and environmental performance in the context of the Ghanaian downstream petroleum industry.

Design/methodology/approach

To address the objectives of the study, a survey had been conducted among companies in the Ghanaian downstream value chain. The paper used the structural equation modeling approach and smart partial least squares (Smart-PLS) analytical tool.

Findings

The study revealed that Green SCM practices had a significant and positive relationship with supply chain ecocentricity and environmental performance. The study further revealed that supply chain ecocentricity significantly mediated the relationship between Green SCM practices and environmental performance.

Practical implications

The study has developed a new integrated model to enhance oil and gas marketing and distribution company's adaptation and implementation of Green SCM practices.

Originality/value

The study had successfully applied the natural resource-based view and the stakeholder theory in the context of Ghana's downstream petroleum industry. Specifically, these theories had been integrated to form a new model to explain the relationship between Green SCM practices, supply chain ecocentricity and environmental performance in the context of Ghana's downstream petroleum industry. The newly developed integrated model has wider predictability as compared to the individual theories.

Details

African Journal of Economic and Management Studies, vol. 13 no. 4
Type: Research Article
ISSN: 2040-0705

Keywords

Article
Publication date: 10 November 2022

Samuel Amponsah Odei and Michael Karikari Appiah

This paper aims to empirically examine the factors driving the acquisition of patents and foreign technologies in 2,198 firms spanning multiple industries in Visegrád countries.

Abstract

Purpose

This paper aims to empirically examine the factors driving the acquisition of patents and foreign technologies in 2,198 firms spanning multiple industries in Visegrád countries.

Design/methodology/approach

To fulfil the research objectives, the authors used the binary logistic regression models for the empirical specifications to analyse the various hypotheses to ascertain the factors contributing to patents, foreign technologies and international quality certificate acquisitions in Visegrád countries.

Findings

The results show that technological innovations, in-house and external research and development, intense competition from the informal sector and external knowledge search positively influence firms to acquire patents, foreign technologies and international quality certificates. The study further showed that certain firm characteristics, such as size, having a board of directors, female top managers and top managers’ experience, positively influenced firms’ ability to obtain patents, foreign technologies and international quality certificates.

Originality/value

The authors provide new insights into understanding the factors contributing to international technological linkages in the context of transitional countries such as the Visegrád four group. The authors have shown that international technology linkages through foreign technology licences and international quality certifications are vital for innovations in transition economies.

Details

International Journal of Innovation Science, vol. 15 no. 5
Type: Research Article
ISSN: 1757-2223

Keywords

Article
Publication date: 27 September 2023

Vincent Kwame Osei-Appiah, Ernest Kissi, Victor Acheamfour Karikari, Prosper Ayeng, Eugene Danquah-Smith and Michael Adesi

Works procurement performance is critical to successful project delivery. However, early supplier involvement (ESI) has been touted in other industries to impact procurement…

Abstract

Purpose

Works procurement performance is critical to successful project delivery. However, early supplier involvement (ESI) has been touted in other industries to impact procurement performance positively. Works procurement has been attracting significant attention from major players due to poor performance characterized by poor performance, budget overruns and incompetence. Hence, the purpose of this study was to assess the impact of ESI on public works procurement performance.

Design/methodology/approach

Based on a thorough review of the literature for a pilot survey, the main questionnaires were administered to 103 public procurement officers. To assess the impact of ESI on public works procurement performance, three constructs that served as factors for implementing ESI and five that measure works procurement performance were validated using partial least square structural equation modelling (PLS-SEM).

Findings

The outcome of this study shows a significant positive impact of ESI on works procurement performance. This included communication, trust and supplier capabilities. The study further showed that even though cost, schedule, quality, health and safety are essential, sustainability measures are also crucial for work procurement.

Research limitations/implications

The results of this study could help firms make better decisions regarding public works procurement by encouraging ESI. This will likely significantly impact the successful project delivery and preservation of sustainability and efficiency objectives.

Originality/value

The application of PLS-SEM analysis in this study provides insights into how ESI can impact the procurement of public works in Ghana.

Details

Journal of Financial Management of Property and Construction , vol. 29 no. 2
Type: Research Article
ISSN: 1366-4387

Keywords

Article
Publication date: 24 November 2023

Abdulkader Zairbani and Senthil Kumar Jaya Prakash

The purpose of this paper is to provide an organizing lens for viewing the distinct contributions to knowledge production from those research communities addressing the impact of…

1397

Abstract

Purpose

The purpose of this paper is to provide an organizing lens for viewing the distinct contributions to knowledge production from those research communities addressing the impact of competitive strategy on company performance in general, and the influence of cost leadership and differentiation strategy on organizational performance in detail.

Design/methodology/approach

The research methodology was based on the PRISMA review, and thematic analysis based on an iterative process of open coding was analyzed and then the sample was analyzed by illustrating the research title, objectives, method, data analysis, sample size, variables and country.

Findings

The main factor that influenced the competitive strategy is strategic growth; strategic growth has a significant influence on competitive strategy. Furthermore, competitive strategy will boost firm network, performance measurement and organization behavior. In the same way, the internal goal factor will enhance organizational effectiveness. Also, a differentiation strategy will support management practice factors, strategic positions, product price, product characteristics and company performance.

Originality/value

This study contributes to the literature by identifying a framework of competitive strategy factors, company performance factors, cost leadership strategy factors, differentiation strategy factors and competitive strategy with global market factors. This study provides a complete picture and description of the resulting body knowledge in competitive strategy and organizational performance.

Details

Benchmarking: An International Journal, vol. 32 no. 1
Type: Research Article
ISSN: 1463-5771

Keywords

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