The Influence of Resource Orchestration on Entrepreneurial Growth: Can Strategic Partnerships Mediate?
DOI:
https://doi.org/10.64717/ajass.v7i1.214Keywords:
Resource orchestration, entrepreneurial growth, strategic partnership, resources and capabilitiesAbstract
This study aimed to find out if strategic partnerships can mediate the relationship
between resource orchestrations on entrepreneurial growth. The study is
grounded by Resource Orchestration theory (RO). The hypotheses tested in this
study included alternative hypotheses: resource orchestration (ROCN), positive
influence entrepreneurial growth (ENTG), strategic partnership (STPS) positive
influence entrepreneurial growth and strategic partnership mediates the
relationship between resource orchestration and entrepreneurial growth. In this
investigation, a quantitative approach was employed because the focus was on
analyzing the relationships between variables and testing hypotheses, aligning
with the study's objectives. The study adopted a cross-sectional survey design and
data were gathered from managers of privately owned organizations in Dodoma
city, Tanzania. The study categorized organizations as strata and employed a
stratified simple random sampling technique. A structured questionnaire
consisting of closed-ended questions based on a five-point Likert scale was used.
To determine the sample size, a-priori sample size calculator was utilized for
structural equation models. The analysis indicates that both ROCN and STPS
have direct effects on ENTG. The analysis shows positive relationship between
ROCN and STPS with coefficient of 0.2190, positive relationship between ROCN
and ENTG with coefficient of 0.5213 and ENTG and ROCN with coefficient of
0.3645, all the significant P-values (0.0000). Additionally, there is evidence of an
indirect effect of ROCN on ENTG through STPS, with a coefficient of 0.0496 on
the effect of ROCN on ENTG through STPS, indicating mediation. Therefore,
strategic partnerships may be utilized to play a crucial role in translating the
potential benefits of orchestrating the resources into tangible entrepreneurial
growth outcomes. In order to attain sustainable growth, business organizations
should therefore concentrate on effectively managing resources, coordinating
partnerships and exploiting external opportunities. The findings suggest that
relevant policies should encourage and support training programs that are aimed
at enhancing firms’ internal resource management capabilities. In terms of
theory, this research study contributes to the understanding of resource
orchestration and its role in organization performance and growth.
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