Entrepreneurial Orientation, Growth and Development of SMEs. Empirical Results from Poland and the Czech Republic
Journal Title: Barometr Regionalny. Analizy i Prognozy - Year 2018, Vol 16, Issue 4
Abstract
Based on individual-level data from a cross-sectional sample of small and medium enterprises located in Poland and the Czech Republic we performed an analysis of the impact of entrepreneurial orientation on SMEs’ growth and development. The hypotheses outlined in the study were tested by using structural equation modeling. The study results revealed that overall there was a strong measure of agreement among SMEs from Poland and the Czech Republic. SMEs in Poland and the Czech Republic have a similar approach to pro-activeness, innovativeness and risk-taking. However, Polish firms are less likely to act aggressively. The results of the structural equation modeling indicate entrepreneurial orientation affects SME growth and development. In general, when enterprises seek to innovate and to outpace competitors they are rewarded for their efforts.
Authors and Affiliations
Krzysztof Łobos, Mirosława Szewczyk
Keywords
Related Articles
- EP ID EP511158
- DOI -
- Views 55
- Downloads 0
Increased Employment Rates and the Nature of the Economic Growth in Poland’s Voivodships
The purpose of the article is to study the impact of basic production factors (level of employment and value of fixed assets) on the economic growth rate in different regions of Poland. The hypothesis presented in the ar...
City Diplomacy
Diplomacy is one of the oldest mechanisms of managing the international environment. It is traditionally associated with operation of the state. However, in contemporary times the parameters of the international environm...
Zmiany nastrojów gospodarczych w województwie lubelskim w IV kwartale 2010 r.
Ład przestrzenny obszarów peryferyjnych w aspekcie podziałów nieruchomości niezurbanizowanych
Nasilone w ostatnim czasie procesy urbanizacyjne wraz ze zmianami strukturalnymi polskiego rolnictwa wywołują zmiany przestrzenne obszarów peryferyjnych. Zmiany układów przestrzennych są najczęściej dokonywane w wyniku p...
Technical Efficiency of Polish Independent Public Health Care Centres: Data Envelopment Analysis Approach
In the face of the growing demand for health services, which can be observed in Poland (as well as in many other countries), it is extremely important to make effective allocation decisions in relation to financial resou...