Revisiting the impact of entrepreneurial orientation on SMEs’ organizational performance

Q1 Social Sciences Problems and perspectives in management Pub Date : 2024-04-04 DOI:10.21511/ppm.22(2).2024.03

K. M. Anwarul, Islam Mohammad, Shariful Islam, Jamaliah Said, Abul Bashar, Bhuiyan Zulfiqar Hasan, Jamaliah Said Malaysia Mohammad Shariful Islam, Zulfiqar Hasan, ©. K. M. A. Islam, A. Bhuiyan, Ph.D K. M. Anwarul Islam

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Abstract

This study investigates the impact of five dimensions of entrepreneurial orientation (risk-taking, proactiveness, innovativeness, aggressiveness, and autonomy), an independent variable, on SMEs’ organizational performance in Bangladesh. The study surveyed 237 SMEs’ owners (out of 300, with a response rate of 79%) in Gazipur district, Bangladesh. Cronbach’s alpha (α) value of 0.70 was used to examine the reliability of the constructs in this study. Drawing from earlier research, a five-point Likert scale questionnaire was constructed to assess the links between entrepreneurial orientation and SMEs’ organizational performance. The dependent variable in this study was SMEs’ organizational performance, which was based on business growth, change in number of employees, profitability, and sales growth. The hypotheses were tested using SPSS with a 95% confidence interval. The results suggest that all five dimensions of entrepreneurial orientation positively affect the organizational performance of SMEs in Bangladesh. It is evident that proactiveness (β-value = 0.330) has the greatest effect on SMEs’ organizational performance, and competitive aggressiveness has the least effect (β-value = 0.230). The independent variables explain a significant proportion of the variability observed in SMEs’ organizational performance (R2 = 57.4%). The research outcomes offer valuable implications for entrepreneurs, policymakers, and academics. AcknowledgmentThe authors acknowledge the Accounting Research Institute (ARI)-HICoE.

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重新审视创业导向对中小企业组织绩效的影响

本研究探讨了创业导向的五个维度（冒险性、主动性、创新性、进取性和自主性）这一自变量对孟加拉中小型企业组织绩效的影响。研究调查了孟加拉国加济布尔地区 237 家中小企业的所有者（总人数为 300 人，回复率为 79%）。Cronbach's alpha (α) 值为 0.70，用于检验本研究中各构念的可靠性。借鉴先前的研究，本研究设计了五点李克特量表问卷，以评估创业导向与中小企业组织绩效之间的联系。本研究的因变量是中小企业的组织绩效，它基于业务增长、员工人数变化、盈利能力和销售增长。使用 SPSS 对假设进行了检验，置信区间为 95%。结果表明，创业导向的五个维度都会对孟加拉国中小企业的组织绩效产生积极影响。很明显，主动性（β 值 = 0.330）对中小企业组织绩效的影响最大，而竞争进取性的影响最小（β 值 = 0.230）。自变量解释了中小企业组织绩效中观察到的很大一部分变化（R2 = 57.4%）。研究成果为企业家、政策制定者和学术界提供了有价值的启示。鸣谢作者感谢会计研究所（ARI）-HICoE。

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来源期刊

Problems and perspectives in management Social Sciences-Law

CiteScore

2.90

自引率

0.00%

发文量

152

审稿时长

11 weeks

期刊介绍： The purpose of the journal is coverage of different aspects of management and governance, such as international organizations and communities’ management, state and regional governance, company’s management, etc. The key aspects of planning, organization, motivation and control in various areas and in different countries are subject of the journal''s scope. The journal publishes articles, which are focused on existing and new methods, techniques and approaches in the field of management. It publishes contemporary and innovative researches, including theoretical and empirical research papers.