The impact of smart technologies on SMEs’ sustainability: the mediation effect of sustainability strategy
ISSN: 1059-5422
Article publication date: 9 May 2023
Issue publication date: 17 January 2024
Abstract
Purpose
This study aims to investigate the influence of smart technologies on SMEs sustainability and to measure the mediation effect of SMEs’ sustainability strategy in the relationship between smart technologies and SMEs’ sustainable performance in the Kingdom of Bahrain. The sustainability concept for the purpose of this study includes environmental sustainability, social sustainability and profitability factors.
Design/methodology/approach
The study applied the quantitative analysis method. The sample size was 403 small- and medium-sized enterprises (SMEs) from Bahrain.
Findings
The study concludes that smart technology has a major effect on profitability performance, among other sustainable performance factors. In addition, there is no mediation effect of “SMEs’ sustainability strategy”. The study has recommended improving SMEs’ participation in sustainable development principles by considering supportive global initiatives to “Net Zero Roadmap 2050”, increasing the demand for using technologies and including academic “sustainability” concepts in academic programs.
Originality/value
This study contributes significantly to Bahrain’s economic growth by studying the proactive and innovative methods for increasing SMEs’ efficiency. Furthermore, it adds value to Bahrain’s national economy by investigating the role of SMEs and its strategic practices by implementing smart businesses towards developing business empowerment in Bahrain’s economic vision for 2030 and meeting SDGs regionally and globally.
Keywords
Citation
AlZayani, F., Mohammed, A. and Shoaib, H.M. (2024), "The impact of smart technologies on SMEs’ sustainability: the mediation effect of sustainability strategy", Competitiveness Review, Vol. 34 No. 1, pp. 28-50. https://doi.org/10.1108/CR-09-2022-0136
Publisher
:Emerald Publishing Limited
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