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| The Impact of Entrepreneurial Orientation on SME Performance in Pakistan: A Qualitative Analysis |
Khurram Aziz, Syed Shahbaz Ul Hasnain, Muhammad Awais, Iram Shahzadi, Muhammad Moeiz Afzal
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Abstract:
Small and medium enterprises (SMEs) are an important component of an economy. A progressing and flourishing SME sector helps an economy in overcoming macro-economic problems of a country. This asserts importance of performance evaluation of SMEs. Entrepreneurial orientation (EO) is a firm’s readiness towards accepting entrepreneurial practices, policies, and decision-making. EO has five dimensions that are innovativeness, proactivity, risk-taking, autonomy and competitive aggressiveness. This paper proposes a framework that links elements of EO with performance evaluation of SMEs. An evaluation of these factors may help decision-makers in improving business practices that may, in turn, positively influence the performance of SMEs.
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