Entrepreneurial Orientation and Business Performance of Manufacturing Sector Small and Medium Scale Enterprises of Punjab Pakistan
European Business & Management
Volume 3, Issue 2, March 2017, Pages: 21-28
Received: Jan. 10, 2017; Accepted: Feb. 9, 2017; Published: Mar. 24, 2017
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Authors
Syed Hussain Haider, Strategic Management Division, Akhuwat, Lahore, Pakistan
Muzaffar Asad, Teaching Faculty School of Accounting and Finance, Faculty of Management Studies University of Central Punjab, Lahore, Pakistan
Minaa Fatima, P & D Department, Government of Punjab, Lahore, Pakistan
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Abstract
Small and Medium Enterprises (SMEs) play an important role in economic growth, innovation, and competitiveness, which ultimately enhances business performance. This study investigated the three dimensions of Entrepreneurial Orientation (EO) of manufacturing sector SMEs in Punjab, Pakistan. In this study the effects of three EO dimensions including innovativeness, pro-activeness, and risk taking have been analyzed with regard to business performance. Questionnaire was used as the main instrument of data collection. Quantitative techniques were applied for analyzing the data. Innovativeness, pro-activeness, and risk taking have a significant impact over business performance of manufacturing sector SMEs. Results further indicated there were positive correlations among innovativeness, pro-activeness and risk taking with business performance of SMEs. This study could be useful for policy makers, owners, and managers to plan their activities for getting better performance of SMEs operating in Punjab, Pakistan.
Keywords
SMEs Performance, Manufacturing Sector, Innovativeness, Pro-activeness, Risk Taking, Entrepreneurial Orientation, Manufacturing Sector
To cite this article
Syed Hussain Haider, Muzaffar Asad, Minaa Fatima, Entrepreneurial Orientation and Business Performance of Manufacturing Sector Small and Medium Scale Enterprises of Punjab Pakistan, European Business & Management. Vol. 3, No. 2, 2017, pp. 21-28. doi: 10.11648/j.ebm.20170302.12
Copyright
Copyright © 2017 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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