Entrepreneurial orientation and business performance of small and medium scale enterprises of Western Province in Sri Lanka
WADS Wijetunge ,
Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, LK
Department of Business Administration, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, LK
The economic growth of developing countries can be sustained by the expansion of private sector, as they are the engine of growth. Many scholars have argued that Entrepreneurial Orientation is one of the salient factors which contribute to the performance of SMEs. However, the recent literature provides contradictory findings about the relationship between Entrepreneurial Orientation and performance. Accordingly this study aimed at investigating the level of Entrepreneurial Orientation (EO) of owner(s)/manager(s) of SMEs and the relationship between EO and business performance of manufacturing SMEs in Western province. This study adopted deductive approach and used both descriptive and inferential statistical tools in analyzing the collected data. Findings revealed that the Entrepreneurial Orientation (EO) among owner/managers of manufacturing SMEs in Western province is at high level. Among the dimensions of EO, innovativeness shows high influence on business performance.
Kelaniya Journal of Management Vol.2(2) 2013:51-67
How to Cite:
Wijetunge, W. and Pushpakumari, M., 2014. Entrepreneurial orientation and business performance of small and medium scale enterprises of Western Province in Sri Lanka. Kelaniya Journal of Management, 2(2), pp.51–67. DOI: http://doi.org/10.4038/kjm.v2i2.6550
05 Feb 2014.