Grand challenges and emerging market small and medium enterprises: The role of strategic agility and gender diversity.

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Title: Grand challenges and emerging market small and medium enterprises: The role of strategic agility and gender diversity.
Authors: Zahoor, Nadia1,2 (AUTHOR) n.zahoor@qmul.ac.uk, Khan, Huda3,4 (AUTHOR), Donbesuur, Francis5 (AUTHOR), Khan, Zaheer2,3,4 (AUTHOR), Rajwani, Tazeeb6 (AUTHOR)
Source: Journal of Product Innovation Management. Mar2024, Vol. 41 Issue 2, p473-500. 28p.
Subjects: Gender nonconformity, Small business, Emerging markets, Senior leadership teams, Value creation
Geographic Terms: United Arab Emirates
Abstract: This paper examines the role played by strategic agility and gender diversity in enabling the creation of value for grand challenges (VCGCs) by small and medium‐sized enterprises originating from emerging markets (ESMEs). ESMEs face significant challenges due to the dynamic environments in which they operate and the limited support they receive from formal institutions. In such contexts, strategic agility enables ESMEs to drive VCGCs through responsible collaborative innovation. We further argue that gender diversity is an important boundary condition that influences the effect of strategic agility on VCGCs via responsible collaborative innovation. Utilizing 228 survey responses from ESMEs originating from the United Arab Emirates (UAE), our findings shed light on the vital role played by strategic agility in enhancing ESMEs' VCGCs. Specifically, our findings indicate that responsible collaborative innovation acts as an important mediating mechanism between strategic agility and VCGCs. In addition, gender diversity emerges as an important moderating factor in that, in the presence of more heterogeneous senior management teams, the effect of strategic agility on VCGCs through the mediating mechanism of responsible collaborative innovation is higher. These findings contribute to the literature on dynamic capabilities, upper echelons, and grand challenges by providing important insights into the mechanisms and boundary conditions of VCGCs in the context of emerging market firms. [ABSTRACT FROM AUTHOR]
Copyright of Journal of Product Innovation Management is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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  Data: Grand challenges and emerging market small and medium enterprises: The role of strategic agility and gender diversity.
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  Data: <searchLink fieldCode="JN" term="%22Journal+of+Product+Innovation+Management%22">Journal of Product Innovation Management</searchLink>. Mar2024, Vol. 41 Issue 2, p473-500. 28p.
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  Data: <searchLink fieldCode="DE" term="%22Gender+nonconformity%22">Gender nonconformity</searchLink><br /><searchLink fieldCode="DE" term="%22Small+business%22">Small business</searchLink><br /><searchLink fieldCode="DE" term="%22Emerging+markets%22">Emerging markets</searchLink><br /><searchLink fieldCode="DE" term="%22Senior+leadership+teams%22">Senior leadership teams</searchLink><br /><searchLink fieldCode="DE" term="%22Value+creation%22">Value creation</searchLink>
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  Data: <searchLink fieldCode="DE" term="%22United+Arab+Emirates%22">United Arab Emirates</searchLink>
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  Data: This paper examines the role played by strategic agility and gender diversity in enabling the creation of value for grand challenges (VCGCs) by small and medium‐sized enterprises originating from emerging markets (ESMEs). ESMEs face significant challenges due to the dynamic environments in which they operate and the limited support they receive from formal institutions. In such contexts, strategic agility enables ESMEs to drive VCGCs through responsible collaborative innovation. We further argue that gender diversity is an important boundary condition that influences the effect of strategic agility on VCGCs via responsible collaborative innovation. Utilizing 228 survey responses from ESMEs originating from the United Arab Emirates (UAE), our findings shed light on the vital role played by strategic agility in enhancing ESMEs' VCGCs. Specifically, our findings indicate that responsible collaborative innovation acts as an important mediating mechanism between strategic agility and VCGCs. In addition, gender diversity emerges as an important moderating factor in that, in the presence of more heterogeneous senior management teams, the effect of strategic agility on VCGCs through the mediating mechanism of responsible collaborative innovation is higher. These findings contribute to the literature on dynamic capabilities, upper echelons, and grand challenges by providing important insights into the mechanisms and boundary conditions of VCGCs in the context of emerging market firms. [ABSTRACT FROM AUTHOR]
– Name: AbstractSuppliedCopyright
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  Data: <i>Copyright of Journal of Product Innovation Management is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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        Value: 10.1111/jpim.12661
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      – Code: eng
        Text: English
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        PageCount: 28
        StartPage: 473
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      – SubjectFull: Gender nonconformity
        Type: general
      – SubjectFull: Small business
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      – SubjectFull: Emerging markets
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      – SubjectFull: Senior leadership teams
        Type: general
      – SubjectFull: Value creation
        Type: general
      – SubjectFull: United Arab Emirates
        Type: general
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      – TitleFull: Grand challenges and emerging market small and medium enterprises: The role of strategic agility and gender diversity.
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            NameFull: Zahoor, Nadia
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            NameFull: Khan, Huda
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            NameFull: Donbesuur, Francis
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            NameFull: Khan, Zaheer
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            – D: 01
              M: 03
              Text: Mar2024
              Type: published
              Y: 2024
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