Entrepreneurial Success, Evidence from SMEs of Lahore, Pakistan

Abstract

The study aimed to test the role of access to finance, innovativeness, market orientation and strategic orientation on the entrepreneurial success of SMEs. For this purpose, data has collected form 380 SMEs, operating in Lahore, Pakistan. Primarily data has analyzed in SPSS 22 to check the normality and Multicollinearity and then, Structure Equation Modeling (SEM) was applied using Smart PLS-3. The findings revealed that access to finance, market orientation has positive and significant relationship to the entrepreneurial success of SMEs. Moreover, results also affirms that innovativeness and strategic orientation has significant but negative impact on the entrepreneurial success of SMEs. This study provides the valuable inputs to the practitioners, policy makers and entrepreneurs.