THE IMPACT OF THE ENTREPRENEURIAL ORIENTATION ON SMES PERFORMANCE: EVIDENCE FROM MEXICAN AGRIBUSINESS

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Abstract

The issue of agribusiness represents at the present a challenge for management due to the evolution of technology, the market and particularly the changing needs of consumers. Entrepreneurial orientation is a strategy that positively influences the performance of business, however in the study of this relationship, the results are still inconsistent since a group of scholars in the subject noted that the strength of the relationship changes according to the context is empirically evaluated. The study contributes to evaluate the strength of the relation of entrepreneurial orientation and business performance in the context of 81 small and medium agribusinesses of Aguascalientes, México. The data are analyzed by structural equations and the results indicate that entrepreneurial orientation has a strong positive relationship in the performance of agribusiness.

Keywords: Entrepreneurial Orientation, Performance, SMES, Agribusiness

Received: 12.06.2017

Accepted: 31.07.2017

How to cite this paper: Martínez Serna, M. C., Vega Martínez, J., E., & Párga Montoya, N. (2017). The impact of the entrepreneurial orientation on SMES performance: Evidence from Mexican agribusiness. Risk Governance and Control: Financial Markets & Institutions, 7(4), 6-13. https://doi.org/10.22495/rgc7i4art1