Volume 20 Issue 1, April 2025

 

ARTICLE INFO
Article History:
Received: 17 March 2025
Accepted: 23 April 2025
Published: 30 April 2025

ASIA-PACIFIC MANAGEMENT ACCOUNTING JOURNAL. VOL. 20 ISSUE 1

ROLE OF MARKET ORIENTATION IN EFFECTING ENTREPRENEURIAL COMPETENCIES IN TURBULENT ENVIRONMENTS

Muhammad Hanif1♣, Mohammad Zulkifli bin Abdul Rahim2, Imran Munawar Qureshi3, Muhammad Aftab4 and Muhammad Mohsin5

1,2,5Faculty of Business and Management, Universiti Sultan Zainal Abidin, Terengganu, Malaysia
3Faculty of Management Sciences, International Islamic University, Islamabad, Pakistan
4University of Okara, Punjab, Pakistan


ABSTRACT

Entrepreneurship plays a crucial part in advancing the economy. There are very few studies that have examined the outcome of the market orientation (MO) proceeding developing entrepreneurial competencies (EC). We collected data from entrepreneurs in different Pakistani cities using a survey design. A sample size of four hundred and twenty-two was obtained, based on simple random sampling. Regression and moderation analysis were conducted using Jeffrey’s Amazing Statistics Program (JASP). Results suggest a very strong effect of MO in developing EC. Environmental turbulence (ET) also has a significant role in moderating the aforementioned relationship. More so, market oriented firms have a very strong focus on developing and enhancing competencies in highly turbulent environments. Entrepreneurial firms may benefit from this study by considering the benefits of adopting a market orientation. Entrepreneurs should have a strong market orientation, particularly in times characterized by high levels of ET. Future studies can look at the role of dimensions of market orientation and environmental turbulence in effecting specific competencies from multiple contextual perspectives.

Keywords: Entrepreneurship, Competencies, Orientation, Environment, Turbulence, Moderation, Market Orientation, Entrepreneurial Competencies  

Corresponding Author: Muhammad Hanif; Faculty of Business and Management, Universiti Sultan Zainal Abidin, Terengganu, Malaysia; Email: yehayhsm@hotmail.com; Tel: +923335112402