International Journal of Economics, Business and Accounting Research (IJEBAR)
Vol 5, No 1 (2021): IJEBAR, VOL. 5, ISSUE 01, MARCH 2021

THE EFFECT OF ENTREPRENEURIAL ORIENTATION ON SMALL AND MEDIUM BUSINESS PERFORMANCE IN MEDAN CITY

Dewi SUMA (Universitas Pembinaan Masyarakat Indonesia)
Budi Alamsyah Siregar BUDI (Universitas Pembinaan Masyarakat Indonesia)



Article Info

Publish Date
23 Mar 2021

Abstract

Innovation, being proactive, and risk-taking are dimensions of entrepreneurial orientation. The useful application of entrepreneurial orientation aims to improve business performance. This is due to the increasing level of business competition, which requires owners to implement strategies that encourage business excellence. This study aims to examine the impact of innovation, be proactive, and take risks on small and medium enterprises' performance. The research sample, 55 small and medium entrepreneurs who eat fried rice and Padang satay in Medan City. Data analysis, using SPSS 22.00 to test factor analysis (EFA) between variables. A regression test was carried out in the analysis of the proposed hypothesis. The results showed that the innovation variable had a positive and significant effect on performance with a value of β. 640 and significant .000 ≤ 0.05. The proactive variable has a positive and significant effect on performance with a value of β .483 and a significant .003 ≤ .05. However, hypothesis testing results show that the variable taking risks has no effect on performance with a value of β -.249 and is significant .200 > .05.

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Journal Info

Abbrev

IJEBAR

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal of Economics, Business, and Accounting Research (IJEBAR) is a peer-reviewed, open access international scientific journal dedicated for rapid publication of high-quality original research articles as well as review articles in all areas of Economics, Business and Accounting. ...