Title: Intellectual entrepreneurship and future success of Pakistani SMEs

Authors: Muhammad Khalique; T. Ramayah; Jamal Abdul Nassir Bin Shaari

Addresses: School of Management, Universiti Sains Malaysia, Minden, 11800 Penang, Malaysia; MUST Business School, Mirpur University of Science and Technology (MUST), 10250, AJ&K, Pakistan ' School of Management, Universiti Sains Malaysia, Minden, 11800 Penang, Malaysia; Faculty of Cognitive Science and Human Development, Universiti Malaysia Sarawak, 94300 Kota Samarahan, Sarawak, Malaysia ' Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia, 71800 Nilai, Negeri Sembilan, Malaysia

Abstract: In contemporary business environment, the small and medium enterprises (SMEs) are facing complex and multifaceted challenges to sustain and achieve competitive edge in the ever-increasing knowledge-based economy. In the beginning of the 21st century, the paradigm of the national and international business has entered into the age of distrust, discontinuity and uncertainty because of globalisation, technological advancement, innovation and internet. In this economy, the most vital component of the success for SMEs is intellectual entrepreneurship. Intellectual entrepreneurship is considered as the silver bullet to address the long-standing challenges, survival and success of SMEs. The objective of this study is to address the conceptual theme and define the term intellectual entrepreneurship in business perspective. To the best of our knowledge, this is the first study that addresses the importance of intellectual entrepreneurship and purposes its definition. Moreover, this paper wishes to highlight the practical challenges of Pakistani high-tech SMEs.

Keywords: intellectual entrepreneurship; high-tech SMEs; practical challenges; knowledge customers; business success; Pakistan.

DOI: 10.1504/IJBG.2021.113794

International Journal of Business and Globalisation, 2021 Vol.27 No.4, pp.524 - 535

Received: 03 Jan 2019
Accepted: 29 Jan 2019

Published online: 31 Mar 2021 *

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