Examining the impact of humane entrepreneurship on overall firm performance: An empirical investigation of SMEs

Zoran Bjelic, Christophe Schmitt (), Rico Baldegger and Raymond Bou Nader
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Zoran Bjelic: CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine
Christophe Schmitt: CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine
Rico Baldegger: Suffolk University
Raymond Bou Nader: IGE - Institut de gestion des entreprises -USJ - USJ - Université Saint-Joseph de Beyrouth / Saint Joseph University of Beirut

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Abstract: This article explores the practical impact of humane entrepreneurship on small and medium-sized enterprises (SMEs), demonstrating how adopting a humane entrepreneurial orientation (HEO) can significantly enhance financial performance, employee engagement, and environmental sustainability. It provides valuable insights for business leaders and policy makers by showcasing how integrating humancentric approaches into business strategies not only drives profitability but also strengthens organizational commitment and social responsibility. The article emphasizes the practical benefits of HEO for SMEs, while calling for further research to assess its broader applicability across different industries and regions.

Keywords: Entrepeneurship; humane entrepreneurship; performance; SME (search for similar items in EconPapers)
Date: 2024-12-03
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Published in Journal of the International Council for Small Business, 2024, pp.1-14. ⟨10.1080/26437015.2024.2417010⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04817626

DOI: 10.1080/26437015.2024.2417010

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