Entepreneurial Orientation and Growth Nexus, a Case of South African Smes
SMEs continue to play a significant role globally. Sadly, there is concern of over the weak performance and the growth of SMEs in South Africa. The major purpose of this study was to evaluate the nexus between EO and growth of SMEs in South Africa. The survey technique was used to gather data thr...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Danubius University
2018-12-01
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| Series: | Acta Universitatis Danubius: Oeconomica |
| Subjects: | |
| Online Access: | http://journals.univ-danubius.ro/index.php/oeconomica/article/view/5161/4799 |
| Summary: | SMEs continue to play a significant role globally. Sadly, there is concern of over the weak
performance and the growth of SMEs in South Africa. The major purpose of this study was to evaluate
the nexus between EO and growth of SMEs in South Africa. The survey technique was used to gather
data through convenience sampling technique. The structural equation model approach was the primary
data technique that was used for data analysis through the SmartPLS 3 software. The results of the study
pertained to the four hypotheses that were postulated in the study. Of which, a significant positive
relationship between EO and growth in employees, market share, and sales was established whereas
profitability growth was not found to be significantly and positively related to EO. These findings have
implications on the theory of EO and growth of SMEs. Important insights are poised by the findings
pertaining to the role that EO plays in the success of SMEs contributing towards the quest of ensuring
the survival of SMEs. |
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| ISSN: | 2065-0175 2067-340X |