The Effect of Sustainable Intellectual Capital and Sustainable Entrepreneurship on Sustainable Firm Performance in Jordan

The Mediating Role of Sustainable Supply Chain Management Practices

Abstract

The complex interactions between sustainable business performance (SP), sustainable supply chain management (SMP) practises, and sustainable intellectual capital (SIC) are examined in the context of Jordan. To extensively study the data of 250 sustainable entrepreneurs from various industries, including manufacturing, tourism, agriculture, and construction, partial least squares structural equation modelling was utilised. The findings shed light on key aspects influencing sustainable business practises and their performance effects. The analysis identifies strong statistical correlations and their associated effects. The computed coefficients highlight the significance of a comprehensive strategy to sustainability in the current competitive landscape and offer empirical evidence of the complicated interactions among these variables. The findings show that an improvement in sustainable performance is projected to follow an increase in sustainable intellectual capital. The predicted improvement in sustainable performance is also correlated with a higher degree of sustainable entrepreneurship. The stability of these associations is supported by the positive coefficients in both cases, statistically significant t-statistics, and surprisingly low P-values. The study also clarifies how crucial a role sustainable supply chain management practises play as a mediator. It emphasises it function in mediating the link between sustainable entrepreneurship and sustainable performance, as well as its mediating influence on the relationship between sustainable intellectual capital and sustainable performance. This mediating function emphasises how critical it is to adopt efficient supply chain procedures in order to convert creative and entrepreneurial efforts into observable performance results. This study's conclusions have applications in both academics and practise. In the academic world, they offer actual proof of the connections between these crucial variables and deepen the body of knowledge already in place. The research's practical implications include advice for company leaders and sustainable entrepreneurs on how to best use their efforts in sustainable supply chain management, sustainable entrepreneurship, and sustainable intellectual capital.