The Impact of Sustainable Innovation, Entrepreneurship Training and Digital Engagement on the Business Performance: A Quantitative Analysis

Purpose: This study investigates the influence of sustainable innovation, entrepreneurship training, and digital engagement on business performance using empirical data.Methodology: A quantitative methodology was employed using data collected from 30 companies selected through purposive sampling. Descriptive and inferential statistics, including multiple regression, ANOVA, and t-tests, were conducted using SPSS 23 and Excel.Findings: Results revealed that entrepreneurship training (t=2.142, p=0.041) and digital engagement (t=2.421, p=0.022) significantly influence profit growth. The regression model explains 32.2% (R²=0.322) of the variance in business performance. Additionally, ANOVA results show that IT integration and sustainable innovation scores significantly vary across compliance levels (F=2.857, p=0.044). Government support was found to significantly impact profit growth (t=-6.569, p<0.001).Research Implications: The study emphasizes integrating entrepreneurship development and digital strategies into sustainability-oriented business models for better performance.Practical Implications: The findings highlight the need for optimizing government support programs and promoting digital platforms and training to enhance business sustainability.Originality/Value: The originality lies in the integrated analysis of innovation, training, and digital engagement offering a holistic perspective on their synergistic effects on business outcomes.

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Publication Details

Journal
Shanlax International Journal of Management
Published
2025-04-01
DOI
https://doi.org/10.34293/management.v12i4.8690
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
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article

The Impact of Sustainable Innovation, Entrepreneurship Training and Digital Engagement on the Business Performance: A Quantitative Analysis

S. Mary Priteena
Shanlax International Journal of Management
Impact of AI and Big Data on Business and Society
article

The Impact of Sustainable Innovation, Entrepreneurship Training and Digital Engagement on the Business Performance: A Quantitative Analysis

S. Mary Priteena
article en

Abstract

Purpose: This study investigates the influence of sustainable innovation, entrepreneurship training, and digital engagement on business performance using empirical data.Methodology: A quantitative methodology was employed using data collected from 30 companies selected through purposive sampling. Descriptive and inferential statistics, including multiple regression, ANOVA, and t-tests, were conducted using SPSS 23 and Excel.Findings: Results revealed that entrepreneurship training (t=2.142, p=0.041) and digital engagement (t=2.421, p=0.022) significantly influence profit growth. The regression model explains 32.2% (R²=0.322) of the variance in business performance. Additionally, ANOVA results show that IT integration and sustainable innovation scores significantly vary across compliance levels (F=2.857, p=0.044). Government support was found to significantly impact profit growth (t=-6.569, p<0.001).Research Implications: The study emphasizes integrating entrepreneurship development and digital strategies into sustainability-oriented business models for better performance.Practical Implications: The findings highlight the need for optimizing government support programs and promoting digital platforms and training to enhance business sustainability.Originality/Value: The originality lies in the integrated analysis of innovation, training, and digital engagement offering a holistic perspective on their synergistic effects on business outcomes.

Shanlax International Journal of ManagementVol. 12(4)
Periyar Maniammai Institute of Science & Technology (IN)
Industry, innovation and infrastructure
Openalex Percentile: Top 84%
Impact of AI and Big Data on Business and Society
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