The Influence of Entrepreneurial Orientation on SMEs Performance in Ghana: The Role of Social Capital and Government Support Policies

Abstract

The primary aim of this current theoretical paper is to propose a research framework on the influence of Entrepreneurial Orientation (EO) on SMEs performance in Ghana with the role of Social Capital (SC) and Government Support Policies (GSPs). The study re-viewed existing literature and theories pertaining EO, SC and GSPs by using the five EO dimensions of Lumpkin and Dess ( 1996 ) to further ascertain the mediating and moderating effect of SC and GSPs in relation to SMEs performance and in Ghana and used measures of SC, and GSPs. A questionnaire will be administered to 380 registered SME-owners of Ghana based on Ghana Statistical Survey (2016) using simple random sampling technique, and the data will be analysed by the Partial Least Square-Structural Equation Modelling (PLS-SEM) approach to determine the emerged hypothesis. This study would be hinged on the resource-based view and the social capital theories stressing the need for SMEs to focus more on their unique internal and external resources that existed with-in their social capital network based on their reciprocal relations. This novel study would further provide new insight to practitioners to understand and appreciate the role of SC in explaining the EO of SMEs and how GSPs can enhance the EO and SMEs performance relationship.

Do Islamic social entrepreneurship moderate Islamic leadership and emotional intelligence? Evidence from micro and small enterprises fostered by ‘Aisyiyah

“…This study will use financial and non-financial measures to measure the performance of SMEs; such as sales growth, profit growth, employee growth, turnover, market share growth, customer satisfaction, and retention as shown by Dess et al (1997), and strengthen research results by Zaato et al, (2020). Although the study results of Husti & Mahyarni (2019) show that Islamic Leadership does not affect the performance of MSEs, the results of the survey of Mushofa et al (2014) show that leadership by applying Islamic values affects performance.…”

Entrepreneurial orientation on business performance for small, micro and medium enterprises in the telecommunications industry: A management perspective

“…This period represents the time that the Zimbabwe economy started experiencing catastrophic cash and foreign currency shortages which affected the EO of managers in the entrepreneurial context of the Zimbabwean economy. The Zimbabwe Central Bank, the Reserve Bank of Zimbabwe (RBZ), 24 introduced a local currency denominated the Bond-Note (BN) and the Real Time Gross Settlement (RTGS) dollar whose values were suggested to be equal to the US dollar. The RBZ pointed to this as the period when corporate collapses in the telecommunications industry began and heightened.…”

“…It will also assist in explaining the function of EO with regard to business performance. 24 The research gap entails the limited scholarly research conducted and published in Zimbabwe to date and the bearing of EO on the business execution of SMMEs in the telecommunications sector. This investigation is specific to SMMEs in the telecommunications sector and in Zimbabwe.…”

Pilot Study: Determinants of Small and Medium Business Performance

“…There are many variables that influence the performance of small and medium enterprises, entrepreneurship, workforce skills, infrastructure, finance, leadership skills (Abebaw, Mulate & Nigussie, 2018), and innovation (Iqbal & Yuliandari, 2019) entrepreneurial characteristics (Indarto & Santoso, 2020), entrepreneurial orientation and market orientation (Septrizola, 2021), Entrepreneurial Orientation and skills (Zaato et al, 2020), entrepreneurial skills (Mutuku et al, 2022), entrepreneurial orientation and religiosity (Sefnedi & Yadewani, 2022), human resource skills and capabilities (Wijaya, Yadewani & Karim, 2022), quality of business strategy, ethical seller behavior, process innovation, entrepreneurial orientation perspective, business environment adaptability, and partial competitive advantage ( Asyhari, Pudjihastuti & Kurdaningsih, 2018) skills and experiences (Yadewani, 2023) knowledge and government policies (Yadewani et al, 2023a), innovation and technology (Yadewani et al, 2023b), According to Aliyu and Rosli (2014), trials are considered to be trials in which a small-scale study is conducted before the actual full-scale study. A pilot study was carried out with the goal of achieving numerous objectives.…”