Influence of Coopetition on Firm Financial Performance: Mediating Role of Open Innovation Performance

It is essential for a firm to take advantage of the rising phenomenon of coopetition across multiple firms and marketplaces in today's highly competitive climate to enhance its financial performance. Hence, this study contributes to the existing body of literature by probing the link between coopetition and the success of open innovation initiatives in Pakistani SMEs. The failure of Pakistani SMEs to establish a controlled method of coopetition has had a deleterious effect on financial performance. The current research is conducted to identify the low open innovation problem in Pakistani small and medium enterprises (SMEs), which has a negative effect on financial performance. It aims to investigate the impact of coopetition on financial performance and the mediating function of the firm’s open innovation performance in it. To achieve this objective, a survey employing a cross-sectional research design was conducted. The respondents were selected from SMEs operating in the service sector in the cities of Bahawalpur, Multan, and Lodhran in Pakistan. A total of 155 questionnaires were distributed among managerial employees of the above SMEs. The data collected from the responses to the questionnaires was analyzed through Partial Least Square-Structure Equation Modeling (PLS-SEM). It was found that coopetition has a strong role in boosting financial performance. The importance of trust and dependence in crafting an effective coopetition strategy is also emphasized in this research

Factors affecting the adoption of Fin-tech in Pakistan based on the Unified Theory of Acceptance and Use of Technology Model: An empirical study on financial inclusion in Pakistan

Pakistan has seen a rise in financial technology (Fin-Tech) and mobile device use. The financial sector and entrepreneurs see Fin-Tech as a method to extend business potential, but mobile apps and other digital platforms must be established to explore these possibilities. Mobile app security concerns have skyrocketed, causing issues for users and Fin-Tech innovators. This article empirically explores how Fin-Tech adoption affects users' and organizations' expectations of effort, performance, social impact, facilitating conditions, behavioural intents, and adoption. This paper presents a UTAUT-based model for fin-tech adoption intention. This study examined 518 Bahawalpur residents and workers. Consultant-created online and paper questionnaires covered the study's objectives. Hence, fin-tech adoption is valuable for both the general public and its users. Independent variables moderated behavioural intention and Fin-Tech adoption. Bahawalpur companies and people adopting Fin-Tech can reduce productivity costs and save time. This research can help Bahawalpur residents adopt Fin-Tech