Knowledge as a mediator for innovativeness and risk-taking tolerance of female entrepreneurs in Indonesia

• Published in: Cogent social sciences Vol. 9; no. 1
• Main Authors: Fanaja, Ratsara Ando, Saputri, Marheni Eka, Pradana, Mahir
• Format: Journal Article
• Language: English
• Published: Abingdon Cogent 31-12-2023; Taylor & Francis Ltd; Taylor & Francis Group
• Subjects: Attitudes; Creativity; Entrepreneurs; female entrepreneurs; Females; Indonesia; Information management; Information sharing; innovation; Innovations; Knowledge management; Optimism; Research transfer; Risk factors; Risk taking; risk-taking tolerance; Small & medium sized enterprises-SME; Small business; Tolerance; Indonesia
• ISSN: 2331-1886; 2331-1886
• DOI: 10.1080/23311886.2023.2185989

In the rapidly evolving small business environment of Indonesia, female entrepreneurs also play a crucial role. Information sharing and knowledge exchange are inseparable factors in the rapid growth of small and medium enterprises (SMEs), thus the influence of knowledge management influences risk-taking attitude and is closely related to innovativeness. Only a small number of studies, however, have looked at knowledge management in connection to innovation, optimism, and whether the impact is influenced by the firm's risk-taking attitude. This study aims to investigate the connection between the innovativeness, information management, optimism, and risk-taking tolerance of female companies. By disseminating structured surveys, we took a quantitative strategy. To analyze the data we gathered, we used the SEM-PLS method. Our findings demonstrate how creativity significantly improves risk tolerance and information management. We also conclude that optimism greatly enhances risk tolerance and information management. Additionally, knowledge management increases a person's ability for taking calculated risk.