Date Log
Submitted
September 29, 2022
Published
December 30, 2019
Conceptualizing Strategic Entrepreneurship and SMEs Performance Using the Resource-Based Theory:
A Literature Review
Corresponding Author(s) : *Kibeshi Kiyabo
kikiyabo15@mustudent.ac.tz
The UONGOZI Journal of Management and Development Dynamics ,
Vol. 29 No. 2 (2019): The UONGOZI Journal of Management and Development Dynamics
Abstract
Small and Medium Enterprises (SMEs) contribute significantly to socio-economic development of any country. Despite the contribution, poor performance of SMEs has been reported due to various constraints. Strategic entrepreneurship has been identified as one of the approaches that can be used to promote SMEs performance. We aimed at developing a conceptual model that describes the influence of strategic entrepreneurship on SMEs performance under the mediation of competitive advantage. Guided by the Resource-Based Theory, the synergy of the Resource-Based View and the Knowledge Based View, we adopted learning orientation, strategic resources management and entrepreneurial orientation as components of strategic entrepreneurship. Through integrative literature review approach, we developed the conceptual model, which depicts the direct and indirect influence of strategic entrepreneurship components on SMEs performance. Furthermore, the model depicts the mediating effect of competitive advantage on the relationships between strategic entrepreneurship components and SMEs performance. We have contributed to the existing literature through introduction of strategic resources management as a component of strategic entrepreneurship, introduction of direct and indirect influences of strategic entrepreneurship components on SMEs performance and introduction of competitive advantage as a mediating variable between strategic entrepreneurship and SMEs performance. We have recommended for the testing of the proposed model in future studies across different industries to obtain empirical evidence. This wouldresult to further theoretical and practical contributions to the existing knowledge.
Keywords
Competitive advantage
SMEs performance
Resource-Based Theory
Strategic Entrepreneurship
Kiyabo, *Kibeshi, & Isaga (Ph.D), N. (2019). Conceptualizing Strategic Entrepreneurship and SMEs Performance Using the Resource-Based Theory: : A Literature Review. The UONGOZI Journal of Management and Development Dynamics, 29(2). https://doi.org/10.69522/uongozi.v29i2.12
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