Role of Entrepreneurial Capability in the Performance of Sustained SMEs

By: Sharma, Neha
Contributor(s): Kumar, Sumit
Material type: TextTextPublisher: India Palgrave Macmillan 2020Description: 51-66pSubject(s): Entrepreneurship | Regional development | Resource planning | Economic growth | Industry competitiveness | Regional markets | SMEs | Microfinance | Entrepreneurial orientation | Crowdfunding | InnovationOnline resources: Click here to access online Summary: The purpose of this chapter is to establish the impact of entrepreneurial capability in the growth of sustained small and medium enterprises. The quantitative data of 161 sustained enterprises is collected and analyzed to verify the relationship between EC and business performance of sustained enterprises. The findings indicate that the EC significantly and positively impacts the growth of sustained SMEs. This study has practical implications for the theoretical advancement of entrepreneurial capability and firm sustainability. Many researches show that the SMEs are facing problem in sustaining their growth. In this scenario, an entrepreneur must develop capabilities such as autonomy, innovativeness, risk-taking, and pro-activeness to survive the competition and sustain the growth.
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The purpose of this chapter is to establish the impact of entrepreneurial capability in the growth of sustained small and medium enterprises. The quantitative data of 161 sustained enterprises is collected and analyzed to verify the relationship between EC and business performance of sustained enterprises. The findings indicate that the EC significantly and positively impacts the growth of sustained SMEs. This study has practical implications for the theoretical advancement of entrepreneurial capability and firm sustainability. Many researches show that the SMEs are facing problem in sustaining their growth. In this scenario, an entrepreneur must develop capabilities such as autonomy, innovativeness, risk-taking, and pro-activeness to survive the competition and sustain the growth.

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