The Impact of Entrepreneurial Orientation and Profit Growth Performance of Small and Medium-Sized Enterprises and the Influence of the Environment

This study examines the relationship between entrepreneurial orientation (EO) and profit growth performance of small and medium-sized enterprises (SMEs) and evaluates the moderating role of environmental factors on the EO profit growth performance relationship. The research investigated the effects...

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Veröffentlicht in:Australian journal of business and management research 2024-05, Vol.8 (1), p.53-80
1. Verfasser: Omisakin, Olufemi Muibi
Format: Artikel
Sprache:eng
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Zusammenfassung:This study examines the relationship between entrepreneurial orientation (EO) and profit growth performance of small and medium-sized enterprises (SMEs) and evaluates the moderating role of environmental factors on the EO profit growth performance relationship. The research investigated the effects of EO on the growth performance of SMEs using a multidimensional model of EO to test the hypotheses’ relationship between EO and SME profit growth performance from data collected from SME owners, managers, and management. Data was collected through a survey questionnaire administered via email and some social medial platforms. The data collected was analyzed using Partial Least Squares (PLS)- structural equation model (SEM) software. It was found EO positively influences SME profit growth performance and dynamic and munificence environments moderate the relationship between EO SME profit growth performance. It is suggested SME owners use these two environmental factors to facilitate improvement of the correlation between the EO SME profit growth performance.________________________________________
ISSN:1839-0846
1839-0846
DOI:10.52283/NSWRCA.AJBMR.20240801A04