ERESIA-EKE, CHUKUAKADIBIA
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INVESTIGATING THE SUPPLY SIDE DETERMINANTS OF BLOCKCHAIN TECHNOLOGY ADOPTION FOR ENTREPRENEURIAL FINANCING- A TWO STAGED APPROACH Kuhlengisa, Mcintosh Mufunani; ERESIA-EKE, CHUKUAKADIBIA
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 8 No 2 (2025): March 2025
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v8i2.3027

Abstract

Access to financing is vital for the growth of entrepreneurial firms in emerging economies like South Africa. Technological innovations such as blockchain can reduce transaction costs and disrupt traditional models, offering benefits like reliability, trust, security, and efficiency. However, adoption barriers persist, including infrastructure limitations and the emerging nature of the technology. This study employs a quantitative approach to investigate factors affecting the adoption of blockchain technology among employees of entrepreneurial financing firms through an online survey. Using Partial Least Squares Structural Equation Modelling and Artificial Neural Network Analysis (PLS-SEM ANN), the findings indicate that facilitating conditions, social influence, anxiety, and attitude significantly impact the behavioral intention to adopt blockchain, while effort expectancy, performance expectancy, and self-efficacy do not. The study recommends creating supportive environments, leveraging social networks, addressing anxiety, and fostering positive attitudes toward blockchain. It suggests investing in infrastructure, increasing awareness of blockchain benefits, improving communication to alleviate anxieties, and showcasing success stories to enhance adoption
The Intervening role of Absorptive Capacity in the Nexus of Effectual Actions and Performance in Small Businesses Osuigwe, Ubochioma Udo S; Eresia-Eke, Chukuakadibia
IJEBD (International Journal of Entrepreneurship and Business Development) Vol 7 No 1 (2024): January 2024
Publisher : LPPM of NAROTAMA UNIVERSITY

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29138/ijebd.v7i1.2645

Abstract

Purpose: This study interrogates the interfering role of absorptive capacity in the relationship between the effectual actions of small businesses and their performance. Design/methodology/approach: Structured questionnaires were used to generate primary data from 685 small businesses from a variety of sectors in South Africa. The data was used to interrogate the hypothesized relationships using the partial least squares structural equation modeling technique. Findings: The findings report a significantly positive relationship between effectuation and small business performance. Further, it is revealed that absorptive capacity partially mediates the relationship between effectuation and small business performance. Research limitations/implications: The limitations of this study include the use of primary data from a sample of small businesses in South Africa and dependence on specific modeling techniques. The implications of this research provide a deeper understanding of the mediating effects of absorptive capacity on the relationship between effectual actions and small business performance. Practical implications: This study provides fresh insights into the mediating effects of the absorptive capacity capability of small businesses in the continuous interaction between their effectual actions and performance. As such, it highlights the connection between the growing theory of effectuation and existing theories in the field of management sciences. This study enables the emergence of knowledge that could spur small businesses to effectively navigate the endemic uncertainties prevalent in their contexts. Originality/value: This study contributes to the understanding of the role of absorptive capacity in the relationship between effectual actions and small business performance, thus adding value to the literature on small business management. Paper type: This research is empirical.