Business Continuity Model for Knowledge-Based Enterprises

Authors

    Ebrahim Parmozeh PhD Student, Department of Industrial Management, Sa.C., Islamic Azad University, Sanandaj, Iran
    Hirsh Soltanpanah * Department of Management, Sa.C., Islamic Azad University, Sanandaj, Iran (Corresponding Author) heirsh@iau.ac.ir
    Adel Fatemi Department of Statistics, Sa.C., Islamic Azad University, Sanandaj, Iran
    Mahmoud Rahmani Department of Management, Sa.C., Islamic Azad University, Sanandaj, Iran

Keywords:

Knowledge-Based Enterprise Continuity, Organizational Resilience, Continuous Innovation, Human Capital, Networking, Paradigmatic Model, Organizational Strategies

Abstract

The aim of this study was to develop a comprehensive paradigmatic model for the continuity of knowledge-based enterprises and to identify the key influencing factors, including financial sustainability, organizational capacity, continuous innovation, human capital, networking, environmental and institutional conditions, and organizational strategies. By focusing on the analysis of causal relationships among these factors, the study sought to explain the principal pathways leading to desirable outcomes and organizational resilience. This research was applied-descriptive in nature and was based on Structural Equation Modeling (SEM). Data were collected through questionnaires and interviews with managers and experts of knowledge-based enterprises. The analyses included the evaluation of the measurement model (factor loadings, validity, and reliability), path analysis, coefficient of determination (R²), predictive relevance index (Q²), and hypothesis testing. In addition, qualitative analyses were conducted using open and axial coding techniques to extract the key patterns underlying business continuity. The findings indicated that the continuity of knowledge-based enterprises is directly influenced by causal conditions, contextual conditions, and intervening conditions through their effects on organizational strategies and outcomes. The path Causal Conditions → Continuity of Knowledge-Based Enterprises demonstrated the strongest effect (β = 0.668). Organizational strategies also played a significant mediating role in achieving desirable outcomes and enhancing organizational resilience (β = 0.547). Furthermore, human capital, networking, continuous innovation, financial sustainability, and organizational capacity were identified as the primary drivers of business continuity. Based on the findings, the doctrine of the knowledge-based enterprise continuity model encompasses maintaining a balance among financial sustainability, organizational capacity, and continuous innovation; leveraging human capital and networking capabilities; paying attention to environmental and institutional conditions; and formulating appropriate and targeted strategies. This framework can serve as a scientific reference and a practical guide for managers of knowledge-based organizations, policymakers, and researchers in designing and implementing long-term strategies.

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Published

2024-08-01

Submitted

2024-02-28

Revised

2024-07-15

Accepted

2024-07-17

How to Cite

Parmozeh, E., Soltanpanah, H., Fatemi, A., & Rahmani, M. (2024). Business Continuity Model for Knowledge-Based Enterprises. Journal of Management and Business Solutions, 2(3), 1-17. https://journalmbs.com/index.php/jmbs/article/view/358

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