2026-09-21T03:58:00Z https://meral.edu.mm/oai

oai:meral.edu.mm:recid/00008752 2024-05-27T03:51:25Z 1582963436320 1582963436320:1582965742757

Entrepreneurs in Myanmar Private Small Business(A Study of 168 Firms in Yangon Municipal Area) (Soe Thu, 2007) Soe Thu The objectives of this study are lo determine the reasons of starting otvn business Jbr entrepreneurs who emerged in the transitional process from planned economy into markel economy, to explore their entrepreneurship process by measuring the scale of entrepreneurial personality dispositions and level of monagement cornpetencies and to identify their firms' growth stages. This study mainly investigated the importance of enlrepreneurial personality traits and management competencies of owners-managers for the growth of small business. For this purpose, 168 owners-managers in Yangon, were selected and analyzed. The reasons for starting the business were dffirent among the otvners in accordance with their variotts motives. Among them, the majority of owners do business to meet their basic physiological and security needs. Consequently, tactics in starling business varied according to their motives and circumstances. Out of the selected owners-managers, more lhan half of them founded new business, some started the inheritedfirms, and small number of them continuedwith the existing ones, Among 168 small business owners-managers, 35 percent did not want to grow their businesses anymore and their goal of doing business is to generate regular income. Moreover, the scale of personality traits is moderately low in each disposition; achievement motivation, risk-taking propensity, preference for innovalion and proactive personality in line with their goal. Though the remaining 65 percent had growth-oriented goal, their personality scales are moderately high. Specifically, they have moderately high scores in achievement molivation, but moderotely low in risk-taking propen,sity, preference for innovation and proactive personality. Therefitre, Myanmar enlrepreneurs moslly can be delennined as slability-bosed entrepreneurs and moderate risk-takers regarding the risk-taking propensity. The level of selected owners-tnanagers'manogernent contpetencies is also related to the scale of their enlrepreneurial disposition.r. The rnost irnportant and capable competencies raled "{rom the perception of respondenls v)ere establishing good human relationship, evaluating il business, calculating gross and net profils, determining customer needs, and etc. On the other hand, del e gat in g respons i bi li t i e s, conducting markzt survey, establishing pricing policies, preparingfinancial statements and cash flows, preparing market plans and so on were rated from their perception as the lowest importance and they also weak to be able to perform those compelencies. According to the findings, the managemenl competency level of owners-tnanagers seems to be low because the majority is doing their business depending much on the management compelencies which can be obtuinccl thruugh working experience and learning by doing and they became compelcnl laler. Mctreovcr, selecletl firms were unalyzcd by thcir business attd lhe exlent of otvncr's involvement in business to determine firm's growth slage. The majority offirms vere doing lheir business with hired professionals. Some were still solely taking all responsibilities. Only fetu firms were running business with a management team and functional departments. Among them, the younger firms were fast reaching at the higher grotvth stage. The reason of why the younger /irms grow faster than the older one is that lhe younger firms are tnore entrepreneurial in doing business. These entrepreneurs founded with opportunistic approach and thus focused on fetu target markets through specific growth-oriented strategies. According to overall findings, the majority of surveyed firms and ov,ners-managers did not hove some entrepreneurial personality lraits ond competency lo be delermined as entrepreneurial firm and entrepreneur, Entrepreneurial personality trails and ntanagerial compelencies can be developed by education and trainings. And, small businesses had nalttral barriers lo access required resources such as lechnical ossislance, financial aids, and information and network necessary for crealive thinking and innovation, A supportive environment wilh entrepreneurial educctlion progranlmes organized by policy makers was suggested to impletnenl for the developntent of entrepreneurship and small business management in Myanmar. 2007-02-01 https://meral.edu.mm/records/8752