ENTREPRENEURIAL TRAITS AND FIRM SERENDIPITY-SEEKING ON SMES' PERFORMANCE: THE EFFECT OF FIRM SIZE

Jeen Wei Ong () and Hishamuddin Bin Ismail ()
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Jeen Wei Ong: Faculty of Business and Law Multimedia University, Jalan Ayer Keroh Lama 75450 Melaka, Malaysia
Hishamuddin Bin Ismail: Faculty of Business and Law Multimedia University, Jalan Ayer Keroh Lama 75450 Melaka, Malaysia

Journal of Enterprising Culture (JEC), 2012, vol. 20, issue 03, 265-286

Abstract: This study aims to uncover the impact of individual- and firm-level factors, measured by personality traits of the owner-managers and firm serendipity-seeking in explaining SMEs performance and the moderating impact of firm size. The results of the study show that firm-level factors are more important in explaining SMEs performance. Firm size is also found to moderate the effect of need for achievement and endogenous serendipity-seeking of the SMEs but the results do not conclude whether individual- or firm-level factors are more relevant to predict the performance of SMEs with different size. The findings could provide an alternative direction of study to the inconsistent results in studying effect of personality traits and SMEs' performance.

Keywords: Personality traits; serendipity-seeking; small and medium enterprises; firm performance; firm size and moderating effect (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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DOI: 10.1142/S0218495812500124

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