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Important factors of SMEs entrepreneurial orientation

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dc.title Important factors of SMEs entrepreneurial orientation en
dc.contributor.author Belás, Jaroslav
dc.contributor.author Dvorský, Ján
dc.contributor.author Kozubíková, Ludmila
dc.contributor.author Cepel, Martin
dc.relation.ispartof Ikonomicheski Izsledvania
dc.identifier.issn 0205-3292 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2019
utb.relation.volume 28
utb.relation.issue 3
dc.citation.spage 165
dc.citation.epage 179
dc.type article
dc.language.iso en
dc.publisher Bulgarska Akademiya na Naukite
dc.description.abstract Effective implementation of EO attributes represents an important factor of SMEs’ success on the target market, and significantly determines its long-term existence. The aim of this paper was to define and quantify the significance of EO factors influencing SMEs business orientation. In connection to the defined target, separate research was conducted using a questionnaire in the Czech Republic attended by 1,141 enterprise owners within the SME segment. The method of regression analysis was used to quantify the significance of respective factors and to determine their statistical significance. The results of the research indicate that SMEs’ entrepreneurial orientation is mostly affected by the following factors: Investing finances into development of new methods and technologies (EO13), Conducting risky projects for the purpose of increasing the enterprise’s performance (EO23), Initiative on the target market (EO32), and Activities performed towards competition (EO43). Subsequently, it was determined that factors such as Enterprise’s risk strategy (EO21), Creating an entrepreneurial environment within the scope of the enterprise (EO33), Aggressive activities towards competition (EO42), and Reputation for being an autonomous enterprise (EO51) do not affect the overall degree of entrepreneurial orientation. The results of this research may serve as an inspiration for further research in the field of SMEs entrepreneurial orientation. © 2019, Bulgarska Akademiya na Naukite. All rights reserved. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1009241
utb.identifier.obdid 43880305
utb.identifier.scopus 2-s2.0-85073501427
utb.source j-scopus
dc.date.accessioned 2019-11-20T10:30:32Z
dc.date.available 2019-11-20T10:30:32Z
utb.contributor.internalauthor Belás, Jaroslav
utb.contributor.internalauthor Dvorský, Ján
utb.contributor.internalauthor Kozubíková, Ludmila
utb.scopus.affiliation Tomas Bata University in Zlín, Faculty of Management and Economics, Mostni 5139, Zlin, 760 01, Czech Republic; Paneuropean University in Bratislava, Faculty of Economics and Business, Tematínska 10, Bratislava, 851 05, Slovakia
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