Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/321332 
Year of Publication: 
2025
Citation: 
[Journal:] Administrative Sciences [ISSN:] 2076-3387 [Volume:] 15 [Issue:] 5 [Article No.:] 188 [Year:] 2025 [Pages:] 1-20
Publisher: 
MDPI, Basel
Abstract: 
Entrepreneurs are the backbone of most small- and medium-sized enterprises (SMEs), yet they have received little attention regarding how they prepare for organisational change readiness (OCR), especially in the current uncertain business environment and the disruption of Industrial Revolution 4.0 (IR 4.0). This study sought to understand how entrepreneurs' decision-making logic (i.e., effectuation and causation) mediates the relationship between the different types of resources (i.e., financial and government resources, social capital) and OCR. A total of 119 participants (91 males), who were entrepreneurs, participated in this cross-sectional study. After controlling for age, gender, and education level, the study's results found that a positive relationship existed between the two types of resources and OCR, mediated by decision-making logic. A positive relationship was also found between both types of decision-making logic and OCR. These results highlight the significant impact of both entrepreneurs' social capital and financial and, government resources and decision-making logic on OCR.
Subjects: 
entrepreneurship
small- and medium-sized enterprises
organisational change readiness
decision-making logic
effectuation
causation
financial and government resources
social capital
resource-based view
Fourth Industrial Revolution
business sustainability
New Zealand
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
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