Responsible entrepreneurship, social innovation, and entrepreneurial performance: Does commitment to SDGs matter?

Authors: Samuel Adomako, Nguyen Phong Nguyen

Published: 2024-03-07

DOI: 10.1002/bse.3733

Source: Full article


Abstract

AbstractIn this study, we investigate the effect of responsible entrepreneurship on entrepreneurial performance through the mediating mechanism of social innovation. Further, we explore the moderating role of a firm's degree of sustainable development goals (SDGs) commitment on the relationship between social innovation and entrepreneurial performance. Data were collected from 220 firms in Ghana using a time‐lagged design. Our results show that responsible entrepreneurship has an indirect effect on entrepreneurial performance through social innovation. Moreover, the effect of social innovation on entrepreneurial performance is amplified when a firm's degree of SDGs commitment is higher. These findings contribute to the responsible entrepreneurship and social innovation literature.