IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i13p10090-d1179376.html
   My bibliography  Save this article

Harnessing Big Data Analytics to Accelerate Innovation: An Empirical Study on Sport-Based Entrepreneurs

Author

Listed:
  • Rima H. Binsaeed

    (Department of Management, College of Business Administration, King Saud University, Riyadh 11587, Saudi Arabia)

  • Adriana Grigorescu

    (Department of Public Management, Faculty of Public Administration, National University of Political Studies and Public Administration, Expozitiei Boulevard, 30A, 012104 Bucharest, Romania
    Academy of Romanian Scientists, Ilfov Street 3, 050094 Bucharest, Romania)

  • Zahid Yousaf

    (Higher Education Department, Government College of Management Sciences, Mansehra 21300, Pakistan)

  • Florin Radu

    (Department of Accounting—Finance and Banking, Faculty of Economics, Valahia University of Targoviște, 130004 Târgoviște, Romania)

  • Abdelmohsen A. Nassani

    (Department of Management, College of Business Administration, King Saud University, Riyadh 11587, Saudi Arabia)

  • Alina Iuliana Tabirca

    (Department of Management—Marketing, Faculty of Economics, Valahia University of Targoviște, 130004 Târgoviște, Romania)

Abstract

The emergence of advanced technologies brings various opportunities for all kinds of business organizations. This topic was selected for research and discussion to figure out the possible impacts of using the ever-increasing development of digitalization, big data analytic capabilities (BDACs) and innovation in the field of sport-based entrepreneurship, which is the main pillar for the economic wellbeing, development and growth of sport activities. This study highlights the function of the BDAC of entrepreneurs in the acceleration of their readiness and innovation activities. Beyond the direct association of BDAC with an entrepreneur’s readiness and innovation performance (IP), we also tested the mediation of entrepreneurial readiness between the BDAC and IP of sport-based entrepreneurs. Moreover, the moderation of entrepreneurial orientation (EO) was also considered for the readiness and IP link. In this study, data were collected from 562 sport-based entrepreneurs. Online questionnaires were used for data collection, and various statistical techniques, including correlation, regression and structural equation modeling (AMOS 7.0), were applied for the analyses of the collected data. The outcomes of this study disclosed that BDAC and entrepreneur readiness positively predicted the IP. The results revealed that entrepreneurial readiness mediated between BDAC and IP. The findings suggested that sport-based entrepreneurs should enhance their BDAC for the execution of sport-related innovative activities. In spite of its valuable findings and suggestions, the current study is subject to some limitations. Firstly, this study is limited to sport-based entrepreneurs only. Secondly, AIT theory was used here, so for future considerations, other pillars of the economy such as the manufacturing sector should also be considered and the many other theories available should be employed.

Suggested Citation

  • Rima H. Binsaeed & Adriana Grigorescu & Zahid Yousaf & Florin Radu & Abdelmohsen A. Nassani & Alina Iuliana Tabirca, 2023. "Harnessing Big Data Analytics to Accelerate Innovation: An Empirical Study on Sport-Based Entrepreneurs," Sustainability, MDPI, vol. 15(13), pages 1-13, June.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:13:p:10090-:d:1179376
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/13/10090/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/13/10090/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Zhang Zhen & Zahid Yousaf & Magdalena Radulescu & Muhammad Yasir, 2021. "Nexus of Digital Organizational Culture, Capabilities, Organizational Readiness, and Innovation: Investigation of SMEs Operating in the Digital Economy," Sustainability, MDPI, vol. 13(2), pages 1-15, January.
    2. Jeffrey G. Covin & G.T. Lumpkin, 2011. "Entrepreneurial Orientation Theory and Research: Reflections on a Needed Construct," Entrepreneurship Theory and Practice, , vol. 35(5), pages 855-872, September.
    3. Jeffrey G. Covin & William J. Wales, 2012. "The Measurement of Entrepreneurial Orientation," Entrepreneurship Theory and Practice, , vol. 36(4), pages 677-702, July.
    4. Bram Klievink & Bart-Jan Romijn & Scott Cunningham & Hans Bruijn, 2017. "Big data in the public sector: Uncertainties and readiness," Information Systems Frontiers, Springer, vol. 19(2), pages 267-283, April.
    5. Motwani, Jaideep & Mirchandani, Dinesh & Madan, Manu & Gunasekaran, A., 2002. "Successful implementation of ERP projects: Evidence from two case studies," International Journal of Production Economics, Elsevier, vol. 75(1-2), pages 83-96, January.
    6. Fosso Wamba, Samuel & Akter, Shahriar & Edwards, Andrew & Chopin, Geoffrey & Gnanzou, Denis, 2015. "How ‘big data’ can make big impact: Findings from a systematic review and a longitudinal case study," International Journal of Production Economics, Elsevier, vol. 165(C), pages 234-246.
    7. Wenhao Song & Xifang Ma & Hongyan Yu, 2019. "Entrepreneurial Orientation, Interaction Orientation, and Innovation Performance: A Model of Moderated Mediation," SAGE Open, , vol. 9(4), pages 21582440198, October.
    8. Cordero, Rene, 1990. "The measurement of innovation performance in the firm: An overview," Research Policy, Elsevier, vol. 19(2), pages 185-192, April.
    9. Hussain, Matloub & Papastathopoulos, Avraam, 2022. "Organizational readiness for digital financial innovation and financial resilience," International Journal of Production Economics, Elsevier, vol. 243(C).
    10. Ghasemaghaei, Maryam & Calic, Goran, 2020. "Assessing the impact of big data on firm innovation performance: Big data is not always better data," Journal of Business Research, Elsevier, vol. 108(C), pages 147-162.
    11. Ciampi, Francesco & Demi, Stefano & Magrini, Alessandro & Marzi, Giacomo & Papa, Armando, 2021. "Exploring the impact of big data analytics capabilities on business model innovation: The mediating role of entrepreneurial orientation," Journal of Business Research, Elsevier, vol. 123(C), pages 1-13.
    12. Aleš Popovič & Ray Hackney & Rana Tassabehji & Mauro Castelli, 2018. "The impact of big data analytics on firms’ high value business performance," Information Systems Frontiers, Springer, vol. 20(2), pages 209-222, April.
    13. Abdalwali Lutfi & Akif Lutfi Al-Khasawneh & Mohammed Amin Almaiah & Ahmad Farhan Alshira’h & Malek Hamed Alshirah & Adi Alsyouf & Mahmaod Alrawad & Ahmad Al-Khasawneh & Mohamed Saad & Rommel Al Ali, 2022. "Antecedents of Big Data Analytic Adoption and Impacts on Performance: Contingent Effect," Sustainability, MDPI, vol. 14(23), pages 1-23, November.
    14. Celina M. Olszak & Maria Mach-Król, 2018. "A Conceptual Framework for Assessing an Organization’s Readiness to Adopt Big Data," Sustainability, MDPI, vol. 10(10), pages 1-31, October.
    15. Abdalwali Lutfi & Adi Alsyouf & Mohammed Amin Almaiah & Mahmaod Alrawad & Ahmed Abdullah Khalil Abdo & Akif Lutfi Al-Khasawneh & Nahla Ibrahim & Mohamed Saad, 2022. "Factors Influencing the Adoption of Big Data Analytics in the Digital Transformation Era: Case Study of Jordanian SMEs," Sustainability, MDPI, vol. 14(3), pages 1-17, February.
    16. Dehning, Bruce & Richardson, Vernon, 2002. "Return on investments in information technology: Beyond the productivity paradox," Journal of Financial Transformation, Capco Institute, vol. 6, pages 83-91.
    17. Paul Pounder, 2019. "Examining interconnectivity of entrepreneurship, innovation and sports policy framework," Journal of Entrepreneurship and Public Policy, Emerald Group Publishing Limited, vol. 8(4), pages 483-499, September.
    18. Xing, Yunfei & Wang, Xiwei & Qiu, Chengcheng & Li, Yueqi & He, Wu, 2022. "Research on opinion polarization by big data analytics capabilities in online social networks," Technology in Society, Elsevier, vol. 68(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mariani, Marcello M. & Fosso Wamba, Samuel, 2020. "Exploring how consumer goods companies innovate in the digital age: The role of big data analytics companies," Journal of Business Research, Elsevier, vol. 121(C), pages 338-352.
    2. Hongyi Mao & Zongjun Wang & Lin Yi, 2021. "Does Entrepreneurial Orientation Lead to Successful Sustainable Innovation? The Evidence from Chinese Environmentally Friendly Companies," Sustainability, MDPI, vol. 13(18), pages 1-19, September.
    3. Manrique Hernández-Ramírez & Ronald Mora-Esquivel & Juan Carlos Leiva, 2022. "Orientación emprendedora y desempeno innovador en mipymes. El rol moderador de la orientación estratégica," Estudios Gerenciales, Universidad Icesi, vol. 38(162), pages 95-108, March.
    4. Anke Joubert & Matthias Murawski & Markus Bick, 2023. "Measuring the Big Data Readiness of Developing Countries – Index Development and its Application to Africa," Information Systems Frontiers, Springer, vol. 25(1), pages 327-350, February.
    5. Lutfi, Abdalwali & Alrawad, Mahmaod & Alsyouf, Adi & Almaiah, Mohammed Amin & Al-Khasawneh, Ahmad & Al-Khasawneh, Akif Lutfi & Alshira'h, Ahmad Farhan & Alshirah, Malek Hamed & Saad, Mohamed & Ibrahim, 2023. "Drivers and impact of big data analytic adoption in the retail industry: A quantitative investigation applying structural equation modeling," Journal of Retailing and Consumer Services, Elsevier, vol. 70(C).
    6. Anna Watson & Olufunmilola (Lola) Dada & Owen Wright & Rozenn Perrigot, 2019. "Entrepreneurial Orientation Rhetoric in Franchise Organizations: The Impact of National Culture," Entrepreneurship Theory and Practice, , vol. 43(4), pages 751-772, July.
    7. Firdaus Basbeth & Ainon Ramli & Muhammad Ashlyzan Bin Razik & Rosmaizura Mohd Zain & Noorshella Bin Che Nawi, 2019. "The Role of Multi Dimensional EO in the Competitive Strategy - Performance Link," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(2), pages 20-25, July.
    8. Arz, Christopher, 2019. "Bridging the micro-macro gap: A multi-layer culture framework for understanding entrepreneurial orientation in family firms," Journal of Family Business Strategy, Elsevier, vol. 10(3), pages 1-1.
    9. Santos, Gina & Marques, Carla Susana & Ferreira, João J.M., 2020. "Passion and perseverance as two new dimensions of an Individual Entrepreneurial Orientation scale," Journal of Business Research, Elsevier, vol. 112(C), pages 190-199.
    10. Jeffrey E. Stambaugh & John Martinez & G. T. Lumpkin & Niyati Kataria, 0. "How well do EO measures and entrepreneurial behavior match?," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-21.
    11. Hunt, Richard A., 2021. "Entrepreneurial orientation and the fate of corporate acquisitions," Journal of Business Research, Elsevier, vol. 122(C), pages 241-255.
    12. Yan Ling & María Concepción López-Fernández & Ana María Serrano-Bedia & Franz W. Kellermanns, 2020. "Organizational culture and entrepreneurial orientation: examination through a new conceptualization lens," International Entrepreneurship and Management Journal, Springer, vol. 16(2), pages 709-737, June.
    13. Jeffery S. McMullen & Katrina M. Brownell & Joel Adams, 2021. "What Makes an Entrepreneurship Study Entrepreneurial? Toward A Unified Theory of Entrepreneurial Agency," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1197-1238, September.
    14. Covin, Jeffrey G. & Rigtering, J.P. Coen & Hughes, Mathew & Kraus, Sascha & Cheng, Cheng-Feng & Bouncken, Ricarda B., 2020. "Individual and team entrepreneurial orientation: Scale development and configurations for success," Journal of Business Research, Elsevier, vol. 112(C), pages 1-12.
    15. Morimura, Fumikazu & Sakagawa, Yuji, 2023. "The intermediating role of big data analytics capability between responsive and proactive market orientations and firm performance in the retail industry," Journal of Retailing and Consumer Services, Elsevier, vol. 71(C).
    16. Eggers, Fabian & Niemand, Thomas & Filser, Matthias & Kraus, Sascha & Berchtold, Jennifer, 2020. "To network or not to network – Is that really the question? The impact of networking intensity and strategic orientations on innovation success," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    17. Li Chen & Shaoming Zou & Hui Xu & Yiwen Chen, 2020. "Entrepreneurial Orientation in Multinational Corporations: Antecedents and Effects," Management International Review, Springer, vol. 60(1), pages 123-148, February.
    18. Jeewhan Yoon & George T Solomon, 2017. "A curvilinear relationship between entrepreneurial orientation and firm performance: The moderating role of employees’ psychological safety," International Entrepreneurship and Management Journal, Springer, vol. 13(4), pages 1139-1156, December.
    19. Jeffrey G. Covin & William J. Wales, 2019. "Crafting High-Impact Entrepreneurial Orientation Research: Some Suggested Guidelines," Entrepreneurship Theory and Practice, , vol. 43(1), pages 3-18, January.
    20. Roel Heijlen & Joep Crompvoets & Geert Bouckaert & Maxim Chantillon, 2018. "Evolving Government Information Processes for Service Delivery: Identifying Types & Impact," Administrative Sciences, MDPI, vol. 8(2), pages 1-14, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2023:i:13:p:10090-:d:1179376. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.