The Modifying Effect of Knowledge Management between Strategic Risk Management Practices and Strategic Business Entrepreneurship at the Hashemite Fund for Development of Jordan Badia

Abstract

This study aimed at analyzing the impact of strategic risk management practices on strategic entrepreneurship through knowledge management at the Hashemite Fund for Development of Jordan Badia. The study population consisted of all project managers. A simple random sample of the study population was taken. The analysis unit adopted was the project manager from various areas of the Jordanian desert (north, midle and south) to collect data. To achieve the objectives of the study and test its hypotheses, the descriptive analytical method was used through a questionnaire. A number of statistical tools and methods were used, such as means, standard deviations, one sample T-test, multiple regression and path analysis. After the analysis of the collected data and hypotheses, a number of results were reached: there was a significant impact of strategic risk management practices on strategic entrepreneurship, there was a significant impact of strategic risk management practices on knowledge management, there was a significant impact of knowledge management on strategic entrepreneurship and there was an indirect impact of knowledge management as a moderating variable in the relationship between strategic risk management practices and strategic entrepreneurship. The study recommended the need to develop the skills and resources of risk management among employees in line with the main objectives of the projects in order to hedge the impact of risks that limit the possibility of progress and continuity of projects.