370 AJBMR • Doi Publications
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  • The Impact of Entrepreneurial Orientation and Profit Growth Performance of Small and Medium-Sized Enterprises and the Influence of the Environment
     
    ►Olufemi Muibi Omisakin
     Olufemi.omisakin@op.ac.nz (Corresponding Author) 
     https://orcid.org/0000-0003-2008-0426

    Received:05 June, 2023
    Final Revision: 03 May, 2024
    Accepted: 15 May, 2024
    e Published: 31 July 2024
      doi.org/10.52283/NSWRCA.AJBMR.20240801A04
     
    Abstract

    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.
     
    Keywords: Entrepreneurial orientation, entrepreneurship, SME performance, environmental factors.

    Pages:53-80 :: Download-View
 
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