Responsible entrepreneurship, social innovation, and entrepreneurial performance: Does commitment to SDGs matter?

Abstract

In this study, we investigate the effect of responsible entrepreneurship on entrepreneurial performance through the mediating mechanism of social innovation. Further, we explore the moderating role of a firm's degree of sustainable development goals (SDGs) commitment on the relationship between social innovation and entrepreneurial performance. Data were collected from 220 firms in Ghana using a time-lagged design. Our results show that responsible entrepreneurship has an indirect effect on entrepreneurial performance through social innovation. Moreover, the effect of social innovation on entrepreneurial performance is amplified when a firm's degree of SDGs commitment is higher. These findings contribute to the responsible entrepreneurship and social innovation literature.