Purpose

The purpose of this study is to investigate the significance and impact of strategic knowledge management (SKM) practices and organisational change capacity (OCC) in improving strategic thinking and strategic orientation in small and medium-sized enterprises (SMEs) and their contribution in overall improvement of entrepreneurial performance.

Design/methodology/approach

Quantitative research methodology using partial least square structural equation modelling with data of 296 sample from the target group as managers and owners from various SMEs in the UK has been used in the study.

Findings

The findings suggest that SMEs that invest in SKM and OCC are more proficient at adjusting to fluctuations in the business landscape and develop effective strategies that lead to improved entrepreneurial performance. The study provides evidence that SKM encompasses more than just the acquisition and use of information. It also involves the establishment of a learning and innovation culture that facilitates strategic thinking and direction. Similarly, OCC is not just about implementing change but also about developing the agility and flexibility to adapt to market changes, consumer demands and technology.

Practical implications

According to the research, SMEs may boost their entrepreneurial performance and keep a competitive advantage in the modern, dynamic business environment by investing in SKM and OCC. The capacity of SMEs to implement SKM and organisational change should be encouraged and supported by policymakers and practitioners, who should also offer the necessary tools and assistance to do so.

Originality/value

This study offers a valuable addition to the previously published works on SKM and OCC within SMEs. It offers empirical data that highlights the significance of SKM and OCC in fostering strategic thinking, strategic orientation and ultimately, boosting entrepreneurial performance. The study also highlights the challenges faced by SMEs in implementing SKM and OCC and provides recommendations for overcoming these challenges.

中文翻译：

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战略知识管理实践在增强组织战略视角以提高创业绩效方面的作用

目的

本研究的目的是探讨战略知识管理（SKM）实践和组织变革能力（OCC）在改善中小企业（SME）战略思维和战略定位方面的意义和影响，以及它们对整体改进的贡献的创业绩效。

设计/方法论/途径

该研究采用偏最小二乘结构方程模型的定量研究方法，数据来自英国各中小企业的 296 个目标群体的管理者和所有者。

发现

研究结果表明，投资 SKM 和 OCC 的中小企业更善于适应商业环境的波动，并制定有效的战略，从而提高创业绩效。该研究提供的证据表明 SKM 不仅仅包含信息的获取和使用。它还涉及建立一种促进战略思维和方向的学习和创新文化。同样，OCC 不仅要实施变革，还要培养敏捷性和灵活性，以适应市场变化、消费者需求和技术。

实际影响

研究表明，中小企业可以通过投资SKM和OCC来提高其创业绩效并在现代、充满活力的商业环境中保持竞争优势。政策制定者和从业者应鼓励和支持中小企业实施 SKM 和组织变革的能力，他们还应为此提供必要的工具和援助。

原创性/价值

这项研究为之前发表的有关中小企业 SKM 和 OCC 的著作提供了宝贵的补充。它提供的实证数据强调了 SKM 和 OCC 在培养战略思维、战略方向以及最终提高创业绩效方面的重要性。该研究还强调了中小企业在实施 SKM 和 OCC 时面临的挑战，并提供了克服这些挑战的建议。