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Article . 2022 . Peer-reviewed
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Article . 2022
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Entrepreneurial Competencies and SMEs’ Performance in a Developing Economy

Authors: Md. Nazmus Sakib; Mustafa Raza Rabbani; Iqbal Thonse Hawaldar; Mohammad Abdul Jabber; Jubait Hossain; Mohammad Sahabuddin;

Entrepreneurial Competencies and SMEs’ Performance in a Developing Economy

Abstract

This paper aims to empirically test the impact of entrepreneurial competencies on the performances of SMEs in Bangladesh. The data are obtained from 115 entrepreneurs by a structured questionnaire. The partial least square structural equation modeling (PLS-SEM) method is applied to find the causal relationship between exogenous and endogenous variables. The results reveal that the organizing and leading, learning, relationship, and commitment competencies of entrepreneurs have a meaningful impact on SME performance. On the contrary, strategic and opportunity competencies have no effect on the performance of SMEs. The contribution of this study is to find out the relevant entrepreneurial competencies and to empirically test their impacts on the performance of SMEs in a developing country setting. This study gives insights into the policymakers regarding the entrepreneurship training and development program. Finally, the competency measurement of this study provides a unique scope for designing such training and development programs for entrepreneurs.

Keywords

performance of SMEs, Bangladesh, Environmental effects of industries and plants, entrepreneurs; entrepreneurial competencies; performance of SMEs; Bangladesh; SmartPLS; partial least square structural equation modeling (PLS-SEM), TJ807-830, entrepreneurs, SmartPLS, TD194-195, Renewable energy sources, partial least square structural equation modeling (PLS-SEM), Environmental sciences, entrepreneurial competencies, GE1-350

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    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    23
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Top 10%
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
23
Top 10%
Top 10%
Top 10%
gold