2024-03-28T08:34:52Z
https://meral.edu.mm/oai
oai:meral.edu.mm:recid/00008350
2022-10-22T04:35:05Z
1582963436320:1582965660463
Entrepreneurial Orienation and Business Performance of Small and Medium Enterprises
Ei Thu Zar Myo
This study aims to analyze the effect of entrepreneurial orientation on business performance of SMEs in Nay Pyi Taw and examine the moderating effect of education and work experience on the relationship between entrepreneurial orientation and business performance of SMEs. The primary data are collected from 119 people from SMEs in Nay Pyi Taw by using structured questionnaires. Linear regression is done in order to analyze the data. The study reveals that all entrepreneurial orientations: innovativeness, proactiveness, and risk taking have a strong positive effect on business performance of SMEs. Among three entrepreneurial orientations, risk taking is the main determinant of performance of SMEs in Nay Pyi Taw. The study also shows that education has a partial positive moderating effect on relationship between risk taking and business performance. Furthermore, work experience has a partial effect on the relationship between risk taking and business performance. It also has a partial effect on the relationship between proactiveness and business performance. SMEs should take some calculated risk rather than to survive in the comfort zone. Government should encourage SMEs by arranging the relevant training in order to take a risk for their business success. Government also should encourage SMEs by arranging the relevant training in order to manage and accept a change risk for their business success. To keep up with these changing environments, SMEs should apply risk management techniques in their business strategy, not only to mitigate potential loss but also to exploit new business opportunities arising from sustainability.
2022-07-22
https://meral.edu.mm/records/8350