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VOL. 9, ISSUE 6 (2023)
The influence of entrepreneurial orientation on the performance of small and medium enterprises in Bauchi metropolis
Authors
Hafiz Baba
Abstract
Small and medium-sized Enterprises (SMEs) are crucial for the
development of economies in the majority of nations. Even though SMEs make up
97% of all business establishments in Nigeria, this industry only contributes
10% or less to the GDP of the nation. The government has offered a number of
supports including funding for development programs to address this disparity.
Despite these efforts, many SMEs continue to struggle, largely because they
lack the capacity to improve innovation performance. One of the factors
affecting their performance and the competitiveness of SMEs may be the absence
of an entrepreneurial orientation. In light of the foregoing, the purpose of
this study was to examine the relationship between entrepreneurial orientation
(EO) and the performance of SMEs in Bauchi metropolis. A survey questionnaire
would be used in a quantitative research design, and it would be given to 427
owners of SMEs. To ascertain the influence of entrepreneurial orientation on
the performance of small and medium firms, the Partial Least Squares (PLS)
technique will be utilized. This study will make a unique contribution to EO
and the performance of SMEs and will uncover evidence that business social
networks, proactiveness, and risk taking are efficient ways to channel the
firm's innovative performance and entrepreneurial orientation, which will
improve the success of strategic firm development.
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Pages:22-27
How to cite this article:
Hafiz Baba "The influence of entrepreneurial orientation on the performance of small and medium enterprises in Bauchi metropolis". International Journal of Commerce and Management Research, Vol 9, Issue 6, 2023, Pages 22-27
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