Entrepreneurial Leadership in MSMEs: An Impact Assessment (original) (raw)
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International Journal of Academic Research in Business and Social Sciences, 2021
The review aims to provide an understanding of the recent concepts in leadership for managing turbulent and dynamic business contexts. The objective of this paper is to disseminate a rigorous understanding of the Entrepreneurial Leadership (EL) concept through a narrative literature review covering definitions, dimensions and trends of recent studies on the topic. The effort expected to encourage more studies on EL and organizational performance within the specific context of the Micro and Small Enterprises (MSEs) in developing countries. The discussion uses the narrative or traditional type of literature review. Based on the review, EL is a stimulative type of leadership that inspires towards an entrepreneurial orientation behaviours throughout an entire organization. Entrepreneurial leaders are individuals who, through an understanding of themselves and the contexts in which they work, act on and shape opportunities that create value for their organizations, their stakeholders and the wider society. The EL field is still evolving and there are many areas for future researchers to engage in studying the effects of EL. Currently, research trends on EL can be segregated into two stages. The current trend is now focusing on the 2 nd stage involving empirical studies on the process model related to the effects of EL on small business performance. This study contributes to the existing literature on Entrepreneurial Leadership (EL) that is essential to sustain and redevelop micro and small businesses.
The Role of Entrepreneurial Leadership on MSMEs' Effectiveness: A Systematic Literature Review
Journal of Entrepreneurship & Management, 2022
This paper presents a systematic literature review on the influence of entrepreneurial leadership (EL) on micro, small, and medium enterprises' (MSMEs') effectiveness. Entrepreneurial leadership is a rapidly evolving field of research that connects the field of entrepreneurship and leadership. Despite its significance for the MSMEs, our knowledge about the various EL attributes and their impacts on the effectiveness of enterprises is underdeveloped. To address this gap, we conducted a systematic literature review (SLR) of 60 papers published between 2000-2019 on the relationship between EL and the effectiveness of the MSMEs. The findings from the SLR showed the vital importance of entrepreneurial leadership to the MSMEs' performance in turbulent and competitive environments. In addition, the review found that a large number of MSMEs fail in their first few years in business operation, and that the lack of entrepreneurial leadership and resources, such as management skills, competences, and financial resources, account for such a failure. The review found that the link between entrepreneurial leadership and MSMEs needs clear operationalisation to develop cumulative knowledge on this area. The review concludes with suggestions for further research.
A STUDY OF LEADERSHIP DEVELOPMENT IN MSMEs WITH SPECIAL REFERENCE TO MORADABAD CITY
PEZZOTTAITE JOURNALS, 2015
Leadership is widely acknowledged as an important function for organization success. Despite the vast number of studies in the field of leadership, very little work has been done on micro small and medium-sized enterprises (MSMEs). MSME (Micro, Small and Medium Enterprises) are the heart of Indian Industry. Their contribution especially to a developing country like India is very valuable. They not only contribute in generating employment but also encourage low skilled level workers to start as entrepreneur level in rural areas. Taking into account the relevance of this research topic, this paper aims to identify and understand leadership development in MSMEs. The objective of study is to examine that which, amongst the leadership factors (Human Relations, Emancipatory and Autocratic), are more satisfactory for the employees of the organisations. This research also aims that the leadership styles adopted by the CEO are effective in satisfying the employees of the organisations. The Primary data was collected through questionnaire survey done on a sample of 50 employees of micro small and medium enterprises of Moradabad city and analyzed with the help of correlation and regression analysis. The findings of the study reveal that the satisfaction level of employees is positively correlated to the three factors of leadership development such as Human Relations, Emancipatory and Autocratic. However, Emancipatory leadership style was found to be more reliable in organizational performance than Autocratic and Human Relations. Another result shows that in various MSMEs, CEOs are found to be efficient in satisfying the employees. KEYWORDS: Leadership, MSMEs, CEOs Effectiveness, Leadership Development etc.
Entrepreneurial Leadership is a significant concept in entrepreneurship literature. Different leadership styles effect on effectiveness and performance of the organizations. Present research investigates the impact of Entrepreneurial Leadership style on Organizational Performance with reference to Rural Small Scale Engineering Industry in Pune District of India. A ten items scale developed by (Boltan 2012) was used to find leadership styles. The data were collected from one hundred and forty four (144) entrepreneurs from Rural Small Scale Engineering Industryof 13 tehsils of in Pune District of India. For statistical analysis Mean, Standard Deviation, T-Test, and Chi-square test were used. Study concludes that there is no significant association between leadership styles and organizational performance.
2012
The study aims at identifying the major factors influencing the youth to become entrepreneurs and motivated to establish their enterprises. The study was conducted with a sample of 75 micro, small and medium entrepreneurs in Chittoor district of Andhra Pradesh. The findings of the study are desire to earn high profits, dissatisfaction of the earlier job/occupation, lack of gainful employment, previous experience in the industry, availability of trade information and network of business contacts which are much influenced to start enterprises. It is observed that relevant factors definitely influence the entrepreneurial behaviour. It is also observed that the nature of these factors and their influence is having more impact on the growth of entrepreneurship.
Entrepreneurial Leadership, Performance, and Sustainability of Micro-Enterprises in Malaysia
This study probed into the impact of entrepreneurial leadership dimensions (i.e., responsibility, accountability, analytical thinking, and emotional intelligence) on the performance and sustainability of micro-enterprises in Kelantan, Malaysia, through the lens of resource-based view (RBV) theory. Through the implementation of a cross-sectional design, data were randomly gathered from 403 micro-entrepreneurs whose names appeared in the list of low-income households registered under " Majlis Amanah Rakyat " Kelantan and " Majlis Agama Islam Dan Adat Istiadat " Kelantan. The quantitative data were collected during structured interview sessions held between September and December 2017. The findings of the study revealed that the aspects of responsibility, accountability, and emotional intelligence exhibited significantly positive effects on micro-enterprise performance; while accountability, analytical thinking, and micro-enterprise performance displayed a significantly positive influence on sustainability among micro-enterprises owned by low-income households in Kelantan, Malaysia. The outcomes further portrayed a significant mediating effect of micro-enterprise performance on the correlations of responsibility, analytical thinking, and emotional intelligence with micro-enterprise sustainability. The outcomes of this study extend the scope of RBV theory and simultaneously enhance our understanding pertaining to leadership, performance, and sustainability interplay, particularly within the context of micro-enterprises in emerging economies. As such, it is recommended that the government of Malaysia formulate and to adopt policies that promote varied entrepreneurial-leadership-related traits among budding micro-entrepreneurs, which may not only boost sustainability performance among firms, but also encourage low-income household heads to actively engage in more entrepreneurial activities.
Problems Faced by Entrepreneurs to Startup the MSMEs -A Case Study of Visakhapatnam City
An entrepreneur is one who plays significant role in the economic development of a country. Basically an entrepreneur can be regarded as a person who has the initiative, skill and motivation to set up a business or an enterprise of his own and who always looks for high achievement. But now there is so ma ny problems faced by entrepreneurs to start up the Units i.e., Lack of Skill Development and Training, Marketing and Procurement, Lack of Infrastructure, Poor Technology Base, etc. Case description: One of the requirements for growth, creativity as well as entrepreneurship within societies is to study their problems for establishing the business. Our sample includes 230 Micro, Small and Medium Enterprises that were established during 2004 to 2014 in District Industrial Centre in Visakhapatnam district. Data was collected through questioners around general " manager/entrepreneur " among all categories of micro, small and medium business. Discussion and Evaluation: The purpose of this study is to study the problems faced by entrepreneurs in establishing Micro, Small and Medium Enterprises sector. The results of this study are helpful to the policy makers to frame suitable entrepreneurship development strategies to develop entrepreneurs and to prevent business failure. Conclusions: Our findings revealed that there is significant difference in between the individual and administrative factors for establishing of the units.
INFLIBNET, 2016
Management of micro, small and medium enterprises in India: A study of the regional-cultural determinants of entrepreneurial performance The long term economic significance of micro, small, and medium enterprises (MSMEs) in the development of emerging countries is widely acknowledged. MSMEs drive modern economies through their multifaceted contributions in terms of technological innovations, employment generation, export promotion, and so on, and are inspired by individual initiative and creativity. They stimulate private ownership