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To Explore or to Exploit? Opportunities, Dynamic Capabilities, and Performance of Maritime Enterprises in Ghana

Bibliographic Data

ID21737441
AuthorsGeorge Acheampong (0000-0003-2122-3425, University of Ghana, corresponding author), Oliver Kwabena Aggrey (0000-0003-2319-5376, University of Ghana), Annette Skovsted Hansen (0000-0002-2253-5415, Aarhus University)
Year2024
Volume25
Issue4
Pages705-727
Publication date2024-10-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of African Business (JOURNAL)
Journal identifiersISSN: 1522-8916 • E-ISSN: 1522-9076
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/15228916.2023.2237834
OpenAlexW4385221340
LanguageEN
References cited69

This study investigates how the recognition and exploitation of entrepreneurial opportunities influence small business performance via interactions with firm-level innovation capability and learning orientation. We frame the study within the maritime-sector context and seek to contribute to the understanding of how the interplay between opportunity recognition, exploitation, innovation capability and learning orientation affects the entrepreneurial performance of local businesses when there is a technological policy change. The study further frames its arguments from a dynamic capability perspective and tests its arguments with data from 284 local businesses operating in the Port of Tema. Findings reveal that opportunity exploitation and learning orientation as well as their interplay have a positive and significant effect on entrepreneurial performance. The study consequently presents local micro-entrepreneurial reactions to macro-level policy changes within the maritime sector – an issue that has largely remained uninvestigated in the African business literature due to maritime blindness

Business · Computer security · Dynamic Capabilities · Economics · Exploit · Industrial organization · Operations management · Computer Science · International Business and FDI · International Development and Aid · Natural Resources and Economic Development

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