1. Influence of jugaad culture on business sustainability in India.
- Author
-
Chatterjee, Sheshadri, Chaudhuri, Ranjan, and Vrontis, Demetris
- Subjects
INTERNATIONAL business enterprises ,SUSTAINABILITY ,COMMUNITY organization ,CONCEPTUAL models ,CULTURE - Abstract
India has a unique, localized, as well as diverse business culture. In India, both multinational enterprises and local organizations follow jugaad culture to achieve better business value. Jugaad is a flexible, problem-solving approach that uses limited resources. It is also an innovative cultural approach that many local Indian organizations use for business sustainability. This study explores how Indian jugaad culture supports business sustainability for organizations operating in India. With the help of literature reviews and theories, we developed a conceptual model and validated it using PLS-SEM with 378 respondents from different organizations based in India. Coordination and cooperation have been used as mediating variables. The study shows that there is considerable impact of jugaad culture on business sustainability in India. We conclude with a discussion on how jugaad culture influences business sustainability of both local organizations and multinational enterprises operating in India. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF