International Congress on Eurasian Economies
26-28 June 2024 – Bishkek, KYRGYZSTAN
Paper properties
Paper ID : 2472
Status : Paper submitted to journal
Language : English
Topic : Microeconomics and Entrepreneurship
Presenter: Asst. Prof. Dr. Mehmet Civelek
Session : 6A Growth & Development
The Role of Competitive Aggressiveness and Autonomy of Small and Medium-sized Enterprises in the Development of National Economies
The Role of Competitive Aggressiveness and Autonomy of Small and Medium-sized Enterprises in the Development of National Economies
- Asst. Prof. Dr. Mehmet Civelek (Doğuş University, Türkiye)
Abstract
SMEs play a vital role in the development of national economies. But these businesses encounter with several barriers when performing this role. To cope with these impediments, some entrepreneurial attitudes that are dimensions of Entrepreneurial Orientation (EO), namely, competitive aggressiveness and autonomy enable SMEs to achieve better performance levels by increasing their revenues and income. However, depending on the characteristics of SMEs these behaviors might differ. In this regard, the purpose of this paper is to determine and examine whether competitive aggressiveness and autonomy of SMEs differ depending on their age and size or not. To fulfil this aim, the researcher has collected data from 479 SMEs in Turkey by employing a questionnaire survey. To find differences between characteristics of firms regarding selected entrepreneurial attitudes, the researcher applies Independent sample T-test. According to the results, competitive aggressiveness of SMEs does not differ depending on their age and size. But while autonomy of smaller and larger SMEs does not differ, older SMEs have more autonomy comparing to their younger counterparts. Firm-entrepreneurial level characteristics might be reasons for these results. Governments, financing institutions, universities and international organizations that give professional and technical certifications can collaborate to provide trainings and courses for firm executives to develop their entrepreneurial attitudes. Financial supports such as RandD subsidies and incentives and tax deductions might also be provided to SMEs to stimulate their entrepreneurial behaviors. Applying such policies also increase GDP level and exports of countries, since SMEs are one of the main contributors of economies.
JEL codes: L19, L25, L26
Session 6A: Growth & Development
