Examining the business venture success of restaurants: the role of innovation capability as a mediator

This research examines successful entrepreneurial practices of small and medium restaurants in Malaysia, which includes aspects of start-up planning, financial support, networking, family support, and government support. It also investigates the mediating role of innovation capability on successful...

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Main Authors: Tan, Bee Leong, Tan, Cheng Ling, Yeo, Sook Fern, Ching, Sock Lee
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2019
Online Access:http://journalarticle.ukm.my/14540/
http://journalarticle.ukm.my/14540/1/22684-104492-2-PB.pdf
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author Tan, Bee Leong
Tan, Cheng Ling
Yeo, Sook Fern
Ching, Sock Lee
author_facet Tan, Bee Leong
Tan, Cheng Ling
Yeo, Sook Fern
Ching, Sock Lee
author_sort Tan, Bee Leong
building UKM Institutional Repository
collection Online Access
description This research examines successful entrepreneurial practices of small and medium restaurants in Malaysia, which includes aspects of start-up planning, financial support, networking, family support, and government support. It also investigates the mediating role of innovation capability on successful entrepreneurial practices. Purposive sampling technique was used to collect data from 390 restaurant business owners through a mailed structured questionnaire. Structural equation modeling involving SmartPLS 3.0 and SPSS 20 software were used to analyse the data and to test the hypotheses. It shows that only start-up planning, networking and innovation capacity were supported, whereas financial support, family support and government support were not supported. Results revealed that innovation capability is a significant intervening variable on the relationship between start-up planning and business venture success, as well as the relationship between networking and business venture success. The study provides practical implications to restaurant owners to actively evaluate the existing resources for better decision making.
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publishDate 2019
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spelling oai:generic.eprints.org:145402020-05-02T06:11:04Z http://journalarticle.ukm.my/14540/ Examining the business venture success of restaurants: the role of innovation capability as a mediator Tan, Bee Leong Tan, Cheng Ling Yeo, Sook Fern Ching, Sock Lee This research examines successful entrepreneurial practices of small and medium restaurants in Malaysia, which includes aspects of start-up planning, financial support, networking, family support, and government support. It also investigates the mediating role of innovation capability on successful entrepreneurial practices. Purposive sampling technique was used to collect data from 390 restaurant business owners through a mailed structured questionnaire. Structural equation modeling involving SmartPLS 3.0 and SPSS 20 software were used to analyse the data and to test the hypotheses. It shows that only start-up planning, networking and innovation capacity were supported, whereas financial support, family support and government support were not supported. Results revealed that innovation capability is a significant intervening variable on the relationship between start-up planning and business venture success, as well as the relationship between networking and business venture success. The study provides practical implications to restaurant owners to actively evaluate the existing resources for better decision making. Penerbit Universiti Kebangsaan Malaysia 2019 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/14540/1/22684-104492-2-PB.pdf Tan, Bee Leong and Tan, Cheng Ling and Yeo, Sook Fern and Ching, Sock Lee (2019) Examining the business venture success of restaurants: the role of innovation capability as a mediator. Jurnal Pengurusan, 55 . pp. 181-192. ISSN 0127-2713 http://ejournal.ukm.my/pengurusan/issue/view/1167
spellingShingle Tan, Bee Leong
Tan, Cheng Ling
Yeo, Sook Fern
Ching, Sock Lee
Examining the business venture success of restaurants: the role of innovation capability as a mediator
title Examining the business venture success of restaurants: the role of innovation capability as a mediator
title_full Examining the business venture success of restaurants: the role of innovation capability as a mediator
title_fullStr Examining the business venture success of restaurants: the role of innovation capability as a mediator
title_full_unstemmed Examining the business venture success of restaurants: the role of innovation capability as a mediator
title_short Examining the business venture success of restaurants: the role of innovation capability as a mediator
title_sort examining the business venture success of restaurants: the role of innovation capability as a mediator
url http://journalarticle.ukm.my/14540/
http://journalarticle.ukm.my/14540/
http://journalarticle.ukm.my/14540/1/22684-104492-2-PB.pdf