Entrepreneurial orientation and networking: implication for SME performance

dc.contributor.advisorBrownhilder, B. N.en_ZA
dc.contributor.authorVan Noordwyk, Annemarieen_ZA
dc.date.accessioned2023-12-08T12:26:14Z
dc.date.available2023-12-08T12:26:14Z
dc.date.issued2023en_ZA
dc.descriptionDissertation (MCom.(Business Management))--University of the Free State, 2023en_ZA
dc.description.abstractIn today‘s dynamic and fast-changing global marketplaces, businesses are faced with a rapidly changing competitive environment. Therefore the role of entrepreneurs in job creation, poverty alleviation, and economic growth has been recognised internationally. The primary objective of the study was to examine the moderating effect of networking on the relationship between entrepreneurial orientation (EO) and SME performance. The following objectives guided this study: To review theoretical studies on entrepreneurial orientation; to assess theories and concepts on networking; to review studies on SME performance; to find out which EO dimensions SMEs engage in; to find out which type of networks SMEs engage in; to examine the performance of SMEs; to find out the impact of EO on SME performance; to determine which type of networks are essential for SME performance; to determine the impact of networks on the relationship between EO and performance; and to provide recommendations to different stakeholders on how networking and EO can enhance SME performance. A quantitative research approach was used for this study and 579 completed and useable questionnaires were received from SME owners in the Free State from the Mangaung Metropolitan Municipality (Bloemfontein, Botshabelo and Thaba Nchu). Findings in the study provide insight on the impact of the five entrepreneurial orientation dimensions on the performance of SMEs and the role networking has on this association. The EO dimensions of pro-activeness and competitive aggressiveness had a positive relationship with SME performance. The study found that business networks and financial networks moderate the relationship between entrepreneurial orientation and SME performance. SME owners and managers should receive more support and training on business survival and growth as well as exposing them to critical business aspects through basic business short programmes to enhance the performance of their businesses. Business simulation programmes could create a safe environment for SME owners to improve their EO. Lastly, the attendance of webinars, symposiums and master classes should be encouraged to increase exposure to the correct type of network partner and support depending on the needs of the business.en_ZA
dc.identifier.urihttp://hdl.handle.net/11660/12344
dc.language.isoen
dc.publisherUniversity of the Free Stateen_ZA
dc.rights.holderUniversity of the Free Stateen_ZA
dc.titleEntrepreneurial orientation and networking: implication for SME performanceen_ZA
dc.typeDissertationen_ZA
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