Impact of Entrepreneurial Characteristics on the Organizational Development of the Small Business Entrepreneurs

Abstract

The main objective for the study is to assess how the characteristics influence the organizational development. To measure entrepreneurial characteristics, achievement competences, planning competences and power competences were selected as independent variables and their impact on organizational development   was measured through a sample of 105 entrepreneurs from Kandy district by using random sampling technique. The Regression and correlation analysis was done to find out the contribution of each variable. The correlation analysis showed that the characteristics of the small business entrepreneurs in Kandy district had significant relationship with organizational development. According to the regression model, achievement competencies and power competencies are of low level contribution to organizational development whereas the planning competencies contribute comparatively more. This study concluded that characteristics significantly influenced organizational development.

Key words: competencies, entrepreneurship, organizational development