Firm Level Determinants of Entrepreneurial Success

Abstract

Purpose of the study: The purpose of this study is to determine those factors which contribute to achieve the success at firm level.

Methodology: Questionnaire technique is used to determine the performance of the firms. A structured questionnaire is employed to collect data and test the model through snow ball sampling method.

Findings: The results of chi-square in all four performance dimensions suggested that these dimensions have strong impact on the performance of the firm's.

Limitations and Implications: The research was conducted in particular geographical area. The findings will help managers to put more focus on the mentioned four dimensions and their related variables like innovation, technology, structure, risk, resources, investment plan etc which affect these dimensions. Findings also tell the managers about the factors which are the true determinants of entrepreneurial success at firm level. The fore most limitation of this research is that the sample was collected from the population of Bahawalpur which has limited successful firms. This research may miss some of the key factors because of limited time available to researchers.

Value: This study shows that firm's owners and managers should more focus more on firm level determinants like innovation, strategy, technology, structure etc which help to made firm successful.

Keywords: entrepreneur, entrepreneurship, intrapreneurship, E-V-R Congruence