TITLE:
A Study on the Relationship of Entrepreneurial Orientation and Business Performance in the SMEs of Kurunegala District in Sri Lanka
AUTHORS:
Deepal N. Perera, Debanjan Nag, P. Venkateswarlu
KEYWORDS:
Innovation, Risk Taking Propensity, Pro-Activeness, Competitive Aggressiveness, Autonomy, Entrepreneurial Orientation, Business Performance, Relationship
JOURNAL NAME:
Theoretical Economics Letters,
Vol.9 No.7,
September
26,
2019
ABSTRACT: This study was conceived as an attempt to study the
relationship of Entrepreneurial Orientation and Business Performance in the
Small and Medium Enterprises (SMEs) of Kurunegala District in Sri Lanka. The
study was conducted on 275 SMEs in Kurunegala engaged in varied businesses including
coconut products, rubber based products, garments and apparels, cement and clay
pots, housing and real estate etc. The Entrepreneurial dimensions viz., Innovativeness, Risk Taking
Propensity, Pro-Activeness, Competitive Aggressiveness and Autonomy were tested
to assess their impact on the business performance. The entrepreneurial
orientation and business performance relationship was found to be strong and
significant indicating that the SMEs in Kurunegala district adopted better EO
postures towards achieving promising returns in their business.