Strategic Entrepreneurship and Performance of Small and Medium Enterprises of Malaysia

Abstract

The contribution of small and medium enterprises is significant to the Malaysian economy but lack of entrepreneurial competencies of their owners-managers has threatened their competitiveness and survival. Henceforth, this paper is an effort to offer a conceptual framework that examines the interplay of three factors known as entrepreneurial orientation, entrepreneurial values, and knowledge creation process on firm performance. This aim of this paper is to extend the Ireland, Hitt and Sirmon's (2003) strategic entrepreneurship model by investigating related literature and apply in the context of small and medium enterprises in Malaysia.