Entrepreneurial Orientation and Resilience of Medium Scale Businesses in Nigeria

Abstract

The study examined entrepreneurial orientation and resilience of medium scale enterprises in Rivers State, Nigeria. The cross-sectional research design was adopted for this study. The census study technique was espoused for sample size determination given the sample size of 147 medium businesses from the population size of 147 medium scale businesses in Port-Harcourt that are registered with the Port Harcourt Chamber of Commerce. Hence, the population size was used as the sample size because it is manageable. 147 copies of the questionnaire were administered; only 125 copies were returned and analyzed. The findings show that both innovativeness and pro-activeness are significantly related to resilience.  We concluded that entrepreneurial orientation is significantly related to organizational resilience. We therefore recommend that organizations should be realistic about their strengths, weaknesses and vulnerabilities that allow them to take appropriate actions when required, while focusing on employee contribution and enablement that allows employee to exhibit appropriate behaviors when faced with adversity at all times.

Keywords: Entrepreneurial Orientation, Resilience and Medium Scale Enterprises.