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Entrepreneurial Orientation and Business Performance of Manufacturing Sector Small and Medium Scale Enterprises of Punjab Pakistan

Received: 10 January 2017    Accepted: 9 February 2017    Published: 24 March 2017
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Abstract

Small and Medium Enterprises (SMEs) play an important role in economic growth, innovation, and competitiveness, which ultimately enhances business performance. This study investigated the three dimensions of Entrepreneurial Orientation (EO) of manufacturing sector SMEs in Punjab, Pakistan. In this study the effects of three EO dimensions including innovativeness, pro-activeness, and risk taking have been analyzed with regard to business performance. Questionnaire was used as the main instrument of data collection. Quantitative techniques were applied for analyzing the data. Innovativeness, pro-activeness, and risk taking have a significant impact over business performance of manufacturing sector SMEs. Results further indicated there were positive correlations among innovativeness, pro-activeness and risk taking with business performance of SMEs. This study could be useful for policy makers, owners, and managers to plan their activities for getting better performance of SMEs operating in Punjab, Pakistan.

Published in European Business & Management (Volume 3, Issue 2)
DOI 10.11648/j.ebm.20170302.12
Page(s) 21-28
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

SMEs Performance, Manufacturing Sector, Innovativeness, Pro-activeness, Risk Taking, Entrepreneurial Orientation, Manufacturing Sector

References
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Cite This Article
  • APA Style

    Syed Hussain Haider, Muzaffar Asad, Minaa Fatima. (2017). Entrepreneurial Orientation and Business Performance of Manufacturing Sector Small and Medium Scale Enterprises of Punjab Pakistan. European Business & Management, 3(2), 21-28. https://doi.org/10.11648/j.ebm.20170302.12

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    ACS Style

    Syed Hussain Haider; Muzaffar Asad; Minaa Fatima. Entrepreneurial Orientation and Business Performance of Manufacturing Sector Small and Medium Scale Enterprises of Punjab Pakistan. Eur. Bus. Manag. 2017, 3(2), 21-28. doi: 10.11648/j.ebm.20170302.12

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    AMA Style

    Syed Hussain Haider, Muzaffar Asad, Minaa Fatima. Entrepreneurial Orientation and Business Performance of Manufacturing Sector Small and Medium Scale Enterprises of Punjab Pakistan. Eur Bus Manag. 2017;3(2):21-28. doi: 10.11648/j.ebm.20170302.12

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  • @article{10.11648/j.ebm.20170302.12,
      author = {Syed Hussain Haider and Muzaffar Asad and Minaa Fatima},
      title = {Entrepreneurial Orientation and Business Performance of Manufacturing Sector Small and Medium Scale Enterprises of Punjab Pakistan},
      journal = {European Business & Management},
      volume = {3},
      number = {2},
      pages = {21-28},
      doi = {10.11648/j.ebm.20170302.12},
      url = {https://doi.org/10.11648/j.ebm.20170302.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ebm.20170302.12},
      abstract = {Small and Medium Enterprises (SMEs) play an important role in economic growth, innovation, and competitiveness, which ultimately enhances business performance. This study investigated the three dimensions of Entrepreneurial Orientation (EO) of manufacturing sector SMEs in Punjab, Pakistan. In this study the effects of three EO dimensions including innovativeness, pro-activeness, and risk taking have been analyzed with regard to business performance. Questionnaire was used as the main instrument of data collection. Quantitative techniques were applied for analyzing the data. Innovativeness, pro-activeness, and risk taking have a significant impact over business performance of manufacturing sector SMEs. Results further indicated there were positive correlations among innovativeness, pro-activeness and risk taking with business performance of SMEs. This study could be useful for policy makers, owners, and managers to plan their activities for getting better performance of SMEs operating in Punjab, Pakistan.},
     year = {2017}
    }
    

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  • TY  - JOUR
    T1  - Entrepreneurial Orientation and Business Performance of Manufacturing Sector Small and Medium Scale Enterprises of Punjab Pakistan
    AU  - Syed Hussain Haider
    AU  - Muzaffar Asad
    AU  - Minaa Fatima
    Y1  - 2017/03/24
    PY  - 2017
    N1  - https://doi.org/10.11648/j.ebm.20170302.12
    DO  - 10.11648/j.ebm.20170302.12
    T2  - European Business & Management
    JF  - European Business & Management
    JO  - European Business & Management
    SP  - 21
    EP  - 28
    PB  - Science Publishing Group
    SN  - 2575-5811
    UR  - https://doi.org/10.11648/j.ebm.20170302.12
    AB  - Small and Medium Enterprises (SMEs) play an important role in economic growth, innovation, and competitiveness, which ultimately enhances business performance. This study investigated the three dimensions of Entrepreneurial Orientation (EO) of manufacturing sector SMEs in Punjab, Pakistan. In this study the effects of three EO dimensions including innovativeness, pro-activeness, and risk taking have been analyzed with regard to business performance. Questionnaire was used as the main instrument of data collection. Quantitative techniques were applied for analyzing the data. Innovativeness, pro-activeness, and risk taking have a significant impact over business performance of manufacturing sector SMEs. Results further indicated there were positive correlations among innovativeness, pro-activeness and risk taking with business performance of SMEs. This study could be useful for policy makers, owners, and managers to plan their activities for getting better performance of SMEs operating in Punjab, Pakistan.
    VL  - 3
    IS  - 2
    ER  - 

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Author Information
  • Strategic Management Division, Akhuwat, Lahore, Pakistan

  • Teaching Faculty School of Accounting and Finance, Faculty of Management Studies University of Central Punjab, Lahore, Pakistan

  • P & D Department, Government of Punjab, Lahore, Pakistan

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