The Effects of Entrepreneurial Orientation (EO) on the Growth of Micro &amp; Small Enterprises (MSE&rsquo;s) in Antipolo City

Romeo  D. Tepace Jr.,

The Effects of Entrepreneurial Orientation (EO) on the Growth of Micro & Small Enterprises (MSE’s) in Antipolo City

Discipline: others in business and management

Abstract:

Utilizing growth of Micro and Small Enterprises (MSE’s), we investigated the relationship between the Entrepreneurial Orientation (EO) and growth of MSE in Antipolo City. As EO has five dimensions, the study also aims to investigate to what extent these dimensions affect the growth. It was mainly hypothesized that entrepreneurial orientation has significant effect on MSME growth. Growth was measured by increase in sales and increase in employees. Results confirmed that EO has an impact to the growth of MSME’s. Further, it was found that innovativeness, proactiveness, and risk-taking propensity have a positive impact on growth, particularly in the increase in sales. However, for increase in employee index, autonomy and proactiveness weakens when moderated by environment factors. The results of the study have important implications to the existing entrepreneurs, researchers or study, consultants, and policy makers.