IJEBD (International Journal Of Entrepreneurship And Business Development)
Vol 7 No 1 (2024): January 2024

The Impact of Education and Training on Product–Service Design: The Moderation of Competitive Advantage

Yangailo, Tryson (Unknown)



Article Info

Publish Date
31 Jan 2024

Abstract

Purpose: This study attempted to investigate the impact of education and training on product-service design by including competitive advantage as a moderating variable to provide more insight into the nature of this relationship. Design/methodology/approach: A quantitative research approach was employed, and primary data was collected from TAZARA management employees. Model fit, reliability, and validity were tested using regression analysis, factor analysis, and principal component analysis using Jamovi software. Findings: The results of the study present a significant positive relationship between education and training and product-service design. The results also show that competitive advantage negatively moderates the relationship between education and training and product-service design. Practical implications: The study provides more insights by providing empirical evidence on the nature of the relationship between education and training and product-service design. It is important for organizations to foster a culture of continuous learning and innovation. Managers should communicate the importance of adapting to changes in the marketplace, even when a competitive advantage exists. Balancing the preservation of what makes the organization successful with an openness to new ideas is critical to long-term sustainability and continued success in product-service design. Paper type: Research paper

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Journal Info

Abbrev

ijebd

Publisher

Subject

Economics, Econometrics & Finance

Description

Focus and Scope IJEBD International Journal of Entrepreneurship and Business Development is an international, peer-reviewed journal publishing articles on all aspects of Entrepreneurship and Business Development. All accepted articles will be published on payment of an article-processing charge, and ...