| Title | RETRACTED: The Nexus between sustainability of business model innovation, financial knowledge, and environment: A developing economy perspective (Retracted article. See vol. 11, 2023) |
|---|---|
| ID_Doc | 78690 |
| Authors | Yun, XP; Zhang, J; Ali, A; Khurram, H |
| Title | RETRACTED: The Nexus between sustainability of business model innovation, financial knowledge, and environment: A developing economy perspective (Retracted article. See vol. 11, 2023) |
| Year | 2022 |
| Published | |
| Abstract | This study intends to investigate how aspects such as financial knowledge and the rate of technological advancement influence the lifetime of enterprises in developing nations like Pakistan. For this purpose, a survey study was designed to obtain data from 325 business owners in different parts of the country. Structural Equation Modelling (SEM) was utilized to analyze this dataset. According to the analysis outcomes, not only do practices connected to financial literacy and innovation play a crucial role in a firm's long-term viability, but they also have a substantial beneficial impact on the company's viability. The research concluded that an increase in financial knowledge, expertise, and experience in corporate operations helps the continued viability of firms. Knowledge of financial concerns also predicted the company's ability to innovate and adapt. In addition to the environmental sustainability of the business. As a result, it was concluded that it plays the role of a mediator in the link between innovation and the ongoing existence of businesses. Because of this, financial literacy is now acknowledged as a vital knowledge resource for determining one's financial course of action, which was not the case previously. According to the study's conclusions, for businesses to continue to be sustainable, authorities need to enhance their financial literacy level and adopt sustainability models into their day-to-day operations. |
Similar Articles
| ID | Score | Article |
|---|---|---|
70983
|
Hidayat-ur-Rehman, I The role of financial literacy in enhancing firm's sustainable performance through Fintech adoption: a moderated mediation analysis(2024) | |
| 65693
|
Babajide, A; Osabuohien, E; Tunji-Olayeni, P; Falola, H; Amodu, L; Olokoyo, F; Adegboye, F; Ehikioya, B Financial literacy, financial capabilities, and sustainable business model practice among small business owners in Nigeria(2023)Journal Of Sustainable Finance & Investment, 13.0, 4 | |
| 34267
|
Luo, WQ; Cheng, JX Transition to sustainable business models for green economic recovery: role of financial literacy, innovation and environmental sustainability(2023)Economic Change And Restructuring, 56, 6 | |
| 65649
|
Hussien, BSA; Benlaria, H; Sadaoui, N; Ahmed, SAK; Lzabat, LZ; Badreldin, BMAA Sustainable innovation and business success: The mediating roles of information technology capability and knowledge management(2024)International Journal Of Advanced And Applied Sciences, 11.0, 5 | |
| 34814
|
Abid, N; Ceci, F; Aftab, J Attaining sustainable business performance under resource constraints: Insights from an emerging economy(2024)Sustainable Development, 32, 3 | |
| 66823
|
Arshad, MZ; Arshad, D; Lamsali, H; Alshuaibi, ASI; Alshuaibi, MSI; Albashar, G; Shakoor, A; Chuah, LF Strategic resources alignment for sustainability: The impact of innovation capability and intellectual capital on SME's performance. Moderating role of external environment(2023) | |
| 77954
|
Khattak, MS; Wu, Q; Ahmad, M; Ullah, R The role of managerial competencies in managing resources for sustainable development strategy in SMEs(2024)Social Responsibility Journal, 20, 7 | |
| 33913
|
Mai, YQ; Yang, HL; Zhang, GY Does Business Model Innovation Enhance the Sustainable Development of New Ventures? Understanding an Inverted-U Relationship(2021)Sustainability, 13, 1 | |
| 69979
|
Taghizadeh, SK; Rahman, SA; Nikbin, D; Radomska, M; Far, SM Dynamic capabilities of the SMEs for sustainable innovation performance: role of environmental turbulence(2023) | |
| 66080
|
Ullah, H; Wang, ZQ; Mohsin, M; Jiang, WY; Abbas, H Multidimensional perspective of green financial innovation between green intellectual capital on sustainable business: the case of Pakistan(2022)Environmental Science And Pollution Research, 29.0, 4 |