The study constructs a novel theoretical model based on resource orchestration theory and examines it using data from Ghanaian small and medium-sized enterprises (SMEs).
Entrepreneurial bricolage (EB) represents a creative mechanism by which SMEs navigate resource challenges to become competitive. The purpose of this paper is to examine the link between EB to both innovation performance and firm performance among manufacturing SMEs in Ghana. In addition, we also examine the mediating role of polychronicity in the relationship between EB, innovation performance and firm performance.
The results suggest that EB positively and significantly influences both innovation performance and firm performance. Furthermore, polychronicity partially mediates the relationship between EB and innovation performance and between EB and firm performance.
This study enhances our understanding of the conditions under which EB may facilitate the attainment of innovation and firm performance among manufacturing SMEs. These findings also proffer practical and managerial implications for managing SMEs under resource constraints.
