The Role of Entrepreneurial Orientations on the Perceived Performance of Small and Medium-Scale Enterprises (SMEs) in Nigeria
This study investigated the influence of entrepreneurial orientations on perceived SME performance. The entrepreneurial orientations selected for use in this research are: innovativeness, risk-taking and pro-activeness. Three hundred and ten participants were selected purposively for this study and they comprise 118 males and 192 females with the mean age of 7.02 and standard deviation of 7.84. Four hypotheses were tested and the study revealed that innovativeness, risk-taking, and pro-activeness jointly predicted organizational performance. Hypothesis one showed that there was a significant relationship between risk-taking and perceived SME performance, hypothesis two showed that risk-taking and innovativeness jointly predicted perceived organizational performance, but pro-activeness did not independently predict perceived SME performance. Hypothesis three showed that innovativeness and pro-activeness jointly predicted perceived SME performance and hypothesis four showed that innovativeness and risk-taking jointly predicted perceived SME performance. Based on the findings of this study it was recommended among others that entrepreneurial orientations will be advanced by paying greater attention to the role of organizational context in entrepreneurship.
Key words: Entrepreneurial orientations; Innovativeness; Risk-Taking; Pro-Activeness; SME performance
Bolton, B., & Thompson, J. (2000). Entrepreneurs: Talent, Temperament, Technique. Oxford: Butterworth-Heinemann.
Bygrave, W. D. (1989a). The Entrepreneurship Paradigm (I): A Philosophical Look at its Research Methodologies. Entrepreneurship Theory and Practice, 14(1), 7-26.
Bygrave, W. D. (1989b). The Entrepreneurship Paradigm (II): Chaos and Catastrophes Among Quantum Jumps. Entrepreneurship Theory and Practice, 14(2), 7-30.
Cooper, A., C., Carolyn, & C., Dunkelberg (1998). Entrepreneurs Perceived Chances for Success. Journal of Business Venturing, 3(2), 97-108.
Covin, J. G., & Slevin, D. P. (1999). A Conceptual Model of Entrepreneurship as Firm Behavior. Entrepreneurship Theory and Practice, (Spring).
Fiet, J. O. (2000). The Pedagogical Side of Entrepreneurship Theory. Journal of Business Venturing, 16(2), 101-117.
Grant, P., & Perren, L. (2002). Small Business and Entrepreneurial Research, Meta-Theories, Paradigms and Prejudices. International Small Business Journal, 20(2), 185-197.
Dess, G. G., & Robinson, R. (1984). Measuring Organizational performance in the Absence of Objective Measures: The Case of the Privately-Held Firm and Conglomerate Business Unit. Strategic Management Journal, 5(3), 265-273
Harman, H. H., & Jones, W. H. (1966). Factor Analysis by Minimizing Residuals (Minres). Psychometrika, 1, 351-369.
Harada N. (2001). Who Succeeds as an Entrepreneur? An Analysis of the Post-Entry Performance of New Firms in Japan. JCER Discussion paper, 68. Tokyo, Japan center for Economic Research .
Kropp, F., Linsday, N. J., & Shoham, A. (2006). Entrepreneurial, Market and Learning Orientations and International Entrepreneurial Business Venture performance in South African firms. International marketing Review, 23(5), 504-523.
Kazem, A., & Van der Heijden, B. (2006). Exporting Firms’ Strategic Choices: The Case of Egyptian SME in the Food Industry. SAM Advanced Management Journal, 71(3), 21-33.
Lumpkin, G., & Dess, G. (1996). Clarifying the Entrepreneurial Orientation Construct and Linking it to Performance. Academy of Management Review, 2l(1), 135-172.
Lumpkin G. T., & Dess, G. (2001). Linking Two Dimensions of Entrepreneurial Orientation to Firm Performance: The Moderating Role of Environment and Industry Life Cycle. Journal of Business Venturing, 16, 429-451.
Miller, D. (1983). The Correlates of Entrepreneurship in Three Types of Firms. Management Science, 29(7), 770-791.
Lin, M. Q. (2005). Intellectual Capital Sharing Organizational Culture and Organization Managerial Performance: An Empirical Investigation. Management Review, 24(1), 55-81.
Rauch, A., Wiklund, J., Freese, M., & Lumpkin, G. T. (2004). Entrepreneurial Orientation and Business Environment: Cumulative Empirical Evidence. Paper Presented at the 23rd Babson College Entrepreneurship Research Conference Glasgow, UK.
Shih, T. T. (2005). The Effect of Military Instructor’s Leadership Model and Organizational Culture on Organizational Performance (Unpublished Master’s Thesis). Naa Hua University, Malaysia.
Sri-Lanka Development Context (2005). Millennium Development Goals. Country Report, Sri Lanka Ministry of Enterprise Development, Industrial Policy and Investment Programme.
Shane, S., & Venkataraman, S. (2000). The Promise of Entrepreneurship as a Field of Research. Academy of Management Review, 25, 217-226.
- There are currently no refbacks.
If you have already registered in Journal A and plan to submit article(s) to Journal B, please click the CATEGORIES, or JOURNALS A-Z on the right side of the "HOME".
We only use three mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases: email@example.com; firstname.lastname@example.org; email@example.com
Copyright © 2010 Canadian Research & Development Centre of Sciences and Cultures
Address: 730, 77e AV, Laval, Quebec, H7V 4A8, Canada
Telephone: 1-514-558 6138