Indigenous Knowledge Systems and Contemporary Business Innovation: An Empirical Analysis of Traditional Wisdom in Modern Enterprise Development

The contemporary business landscape faces unprecedented challenges including climate change, resource depletion, social inequality, and stakeholder demands for corporate responsibility. Traditional management theories, predominantly developed within Western industrial contexts, increasingly appear inadequate for addressing these complex, interconnected challenges. Meanwhile, indigenous communities worldwide have sustained sophisticated economic systems for thousands of years while maintaining ecological balance and social cohesion. This divergence suggests that indigenous knowledge systems may contain valuable insights for developing more resilient and sustainable business models.