Market and Entrepreneurial Orientations as Predictors of Small and Medium Enterprises’ Performance in the COVID-19 Era

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dc.contributor.authorAgada, Solomon Agada
dc.date.accessioned2022-07-18T10:51:27Z
dc.date.available2022-07-18T10:51:27Z
dc.date.issued2022
dc.description.abstractThe COVID-19 pandemic affected all sectors of the economy, including small and medium enterprises (SMEs). However, it has been observed that while some SMEs succumb to the pandemic, others thrive. Therefore, the study investigates the influence of market orientation and entrepreneurial orientation as well as their dimensions on the performance of SMEs in the COVID-19 era. A cross-sectional research design was adopted in the study. The data were collected through a questionnaire administered to 385 SME owners and managers in Lagos State, Nigeria. 328 copies of the questionnaire, representing 85.1%, were retrieved and used for the analyses. The results of structural equation modeling revealed that entrepreneurial orientation and its dimensions significantly influenced SME performance. Innovativeness and pro-activeness positively influenced performance, while risk-taking negatively influenced performance. Furthermore, the findings indicate that market orientation and its dimensions have no significant influence on SME performance during COVID-19. The insights from the findings will help SME owners and managers to run their operations in a challenging business environment. It will also help SME development agencies in their efforts to encourage SME growth and long-term viabilityen_US
dc.identifier.urihttp://dspace.run.edu.ng:8080/jspui/handle/123456789/3443
dc.language.isoenen_US
dc.publisherInnovative Marketingen_US
dc.relation.ispartofseriesVolume 18, Issue 2;
dc.subjectSMEsen_US
dc.subjectCustomer orientationen_US
dc.subjectInnovativenessen_US
dc.subjectPerformanceen_US
dc.subjectSustainabilityen_US
dc.subjectNigeriaen_US
dc.titleMarket and Entrepreneurial Orientations as Predictors of Small and Medium Enterprises’ Performance in the COVID-19 Eraen_US
dc.typeArticleen_US
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