The implications of macroenvironmental forces and SMEs investment behaviour in the energy sector: the role of supply chain resilience

Following a theory of strategic positioning perspective, this paper aims to explore the operating context in which dimensions of the macro-environment factors are likely to enhance Small and Medium Enterprise's (SMEs) intentions to invest in the Ghana's’ downstream oil and gas sector. Spec...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Michael Karikari Appiah, Daniella Delali Sedegah, Rosemary Anderson Akolaa
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	Downstream oil and gas Ghana Investment intention Non-renewable energy PLS Science (General) Q1-390 Social sciences (General) H1-99
Acceso en línea:	https://doaj.org/article/658eca94f56f40539ee79fccb752b5b6
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:658eca94f56f40539ee79fccb752b5b6
record_format	dspace
spelling	oai:doaj.org-article:658eca94f56f40539ee79fccb752b5b62021-12-02T05:03:10ZThe implications of macroenvironmental forces and SMEs investment behaviour in the energy sector: the role of supply chain resilience2405-844010.1016/j.heliyon.2021.e08426https://doaj.org/article/658eca94f56f40539ee79fccb752b5b62021-11-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2405844021025299https://doaj.org/toc/2405-8440Following a theory of strategic positioning perspective, this paper aims to explore the operating context in which dimensions of the macro-environment factors are likely to enhance Small and Medium Enterprise's (SMEs) intentions to invest in the Ghana's’ downstream oil and gas sector. Specifically, macro environment model has been developed wherein an important exogenous context (supply chain resilience) variable has been considered and studied its moderating effect on the relationship between macro environment dimensions and intentions to invest. The study also, examined the conditional effect of micro environment dimensions on intention to invest at different levels of supply chain resilience. Using Partial Least Square method we analyze cross sectional data across Ghana's SMEs spectrum between the periods 2017–2018. Our indicative evidence suggests that political factors, economic factors, environmental factors and technological factors are related to SMEs intentions to invest in the down stream oil and gas. Moreover, the research findings revealed that supply chain resilience moderated the relationship between macroenvironment dimensions and intention to invest. The link between macro environment dimensions and intention to invest was strengthened via the interaction effect of supply chain resilience. These robust results are consistent with the theory of strategic positioning. Overall, our results are akin to policy makers agenda to create enabling macro environment to improve local businesses participation in the Ghanaian oil and gas value chain. Besides, the findings will assist SMEs owners and managers in their decisi ons to invest in the downstream oil and gas sector by strengthening investment capability at different levels of Supply chain resilience.Michael Karikari AppiahDaniella Delali SedegahRosemary Anderson AkolaaElsevierarticleDownstream oil and gasGhanaInvestment intentionNon-renewable energy PLSScience (General)Q1-390Social sciences (General)H1-99ENHeliyon, Vol 7, Iss 11, Pp e08426- (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Downstream oil and gas Ghana Investment intention Non-renewable energy PLS Science (General) Q1-390 Social sciences (General) H1-99
spellingShingle	Downstream oil and gas Ghana Investment intention Non-renewable energy PLS Science (General) Q1-390 Social sciences (General) H1-99 Michael Karikari Appiah Daniella Delali Sedegah Rosemary Anderson Akolaa The implications of macroenvironmental forces and SMEs investment behaviour in the energy sector: the role of supply chain resilience
description	Following a theory of strategic positioning perspective, this paper aims to explore the operating context in which dimensions of the macro-environment factors are likely to enhance Small and Medium Enterprise's (SMEs) intentions to invest in the Ghana's’ downstream oil and gas sector. Specifically, macro environment model has been developed wherein an important exogenous context (supply chain resilience) variable has been considered and studied its moderating effect on the relationship between macro environment dimensions and intentions to invest. The study also, examined the conditional effect of micro environment dimensions on intention to invest at different levels of supply chain resilience. Using Partial Least Square method we analyze cross sectional data across Ghana's SMEs spectrum between the periods 2017–2018. Our indicative evidence suggests that political factors, economic factors, environmental factors and technological factors are related to SMEs intentions to invest in the down stream oil and gas. Moreover, the research findings revealed that supply chain resilience moderated the relationship between macroenvironment dimensions and intention to invest. The link between macro environment dimensions and intention to invest was strengthened via the interaction effect of supply chain resilience. These robust results are consistent with the theory of strategic positioning. Overall, our results are akin to policy makers agenda to create enabling macro environment to improve local businesses participation in the Ghanaian oil and gas value chain. Besides, the findings will assist SMEs owners and managers in their decisi ons to invest in the downstream oil and gas sector by strengthening investment capability at different levels of Supply chain resilience.
format	article
author	Michael Karikari Appiah Daniella Delali Sedegah Rosemary Anderson Akolaa
author_facet	Michael Karikari Appiah Daniella Delali Sedegah Rosemary Anderson Akolaa
author_sort	Michael Karikari Appiah
title	The implications of macroenvironmental forces and SMEs investment behaviour in the energy sector: the role of supply chain resilience
title_short	The implications of macroenvironmental forces and SMEs investment behaviour in the energy sector: the role of supply chain resilience
title_full	The implications of macroenvironmental forces and SMEs investment behaviour in the energy sector: the role of supply chain resilience
title_fullStr	The implications of macroenvironmental forces and SMEs investment behaviour in the energy sector: the role of supply chain resilience
title_full_unstemmed	The implications of macroenvironmental forces and SMEs investment behaviour in the energy sector: the role of supply chain resilience
title_sort	implications of macroenvironmental forces and smes investment behaviour in the energy sector: the role of supply chain resilience
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/658eca94f56f40539ee79fccb752b5b6
work_keys_str_mv	AT michaelkarikariappiah theimplicationsofmacroenvironmentalforcesandsmesinvestmentbehaviourintheenergysectortheroleofsupplychainresilience AT danielladelalisedegah theimplicationsofmacroenvironmentalforcesandsmesinvestmentbehaviourintheenergysectortheroleofsupplychainresilience AT rosemaryandersonakolaa theimplicationsofmacroenvironmentalforcesandsmesinvestmentbehaviourintheenergysectortheroleofsupplychainresilience AT michaelkarikariappiah implicationsofmacroenvironmentalforcesandsmesinvestmentbehaviourintheenergysectortheroleofsupplychainresilience AT danielladelalisedegah implicationsofmacroenvironmentalforcesandsmesinvestmentbehaviourintheenergysectortheroleofsupplychainresilience AT rosemaryandersonakolaa implicationsofmacroenvironmentalforcesandsmesinvestmentbehaviourintheenergysectortheroleofsupplychainresilience
_version_	1718400714286301184

The implications of macroenvironmental forces and SMEs investment behaviour in the energy sector: the role of supply chain resilience

Ejemplares similares