Entrepreneurial Orientation and Performance of Small Business in Vryburg Region North West Province South Africa

Abstract

Small businesses play a significant role in job creation, economic growth and development, innovation, competitiveness and poverty alleviation that eventually improve business performance. The purpose of this study was to assess the association between Entrepreneurial orientation (EO) (innovativeness, risk taking, proactiveness and autonomy) and performance of small business in Vryburg area North West Province South Africa(SA). This quantitative study utilised questionnaire for data collection in a survey. The population were small business owners/managers in North West Province South Africa. Simple random sampling method was utilised to obtain participants for the study. The study utilised descriptive and inferential statistics. The result shows that only three attributes (innovativeness, risk taking and proactiveness) influence business performance while no association was found between autonomy and business performance. Additionally, positive relationship exists between the overall EO and the performance of small business. Empirically, the study contributes to the literature on EO and advance recommendations to improve the EO of small business in South Africa. The study recommends that policy makers, owners and managers of small business strategize on enterprise development and better business performance of small business in Vryburg area North West Province South Africa.

Entrepreneurial Orientation in Micro and Small Enterprises of Traditional Food Centers in Bandung, West Java

“…It is measured by proactiveness, innovativeness, risk-taking, autonomy, and competitive aggressiveness. The researchers also consider the EO questionnaires in MSEs (Lechner & Gudmundsson, 2014;Ayuso & Navarrete-Báez, 2018;Oni, Agbobli, & Iwu, 2019). The researchers conduct the pre-test by having a personal interview with the eight owners of the traditional food center.…”

Entrepreneurship in community-based tourism in Sri Lanka

“…That entrepreneurial orientation positively affects small business performance has been shown by recent research as well (Alalawi, 2020), likewise it influences the performance of SMEs (Igweh, Stephen, 2019;Oni, Agbobli, Iwu, 2019). It can be a predictor of business performance in small firms (Fitriati, Purwana, Buchdadi, Subagja, 2020;Khan, Xuele, Atlas, Khan, 2019;Oni, Agbobli, Iwu, 2019;Sulistyo, Ayuni, 2020).…”

“…Również najnowsze badania świadczą o tym, że orientacja przedsiębiorcza pozytywnie wpływa na działalność małych firm (Alalawi, 2020;Igweh, Stephen, 2019;Oni, Agbobli, Iwu, 2019). Na jej podstawie można przewidzieć ich wyniki (Fitriati, Purwana, Buchdadi, Subagja, 2020;Khan, Xuele, Atlas, Khan, 2019;Oni, Agbobli, Iwu, 2019;Sulistyo, Ayuni, 2020).…”

Effect of Entrepreneurial Orientation on Enterprise Performance: Basis for Microenterprise Community Mobile App Development

“…Among the five dimensions, this study will adopt the four dimensions, consisting of creativity and innovativeness, risk-taking propensity, proactiveness, and autonomy. Competitive aggressiveness was excluded because in several studies it has been discussed that it is part of proactiveness, as the strategies being set by a business owner to become a leader in the industry is through introducing new products or services or processes ahead of its rivals (Oni, Agbobli, & Iwu, 2019;Ismail, Md Yusoff, Ab Samad, & Ahmad, E. M, 2020). It has been concluded in the study of Eze, Oladimeji, & Fayose (2019) that competitive aggressiveness is not part of the major dimensions of entrepreneurial orientation affecting MSMEs performance.…”