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Entrepreneurial and Small Business Operations Commons

Open Access. Powered by Scholars. Published by Universities.®

Advertising and Promotion Management

2012

New England Journal of Entrepreneurship

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Full-Text Articles in Entrepreneurial and Small Business Operations

The Effect Of Entrepreneurial Marketing On Outcome Goals In Smes, Richard C. Becherer, Marilyn M. Helms, John P. Mcdonald Jan 2012

The Effect Of Entrepreneurial Marketing On Outcome Goals In Smes, Richard C. Becherer, Marilyn M. Helms, John P. Mcdonald

New England Journal of Entrepreneurship

This study examines how entrepreneurial marketing dimensions (proactiveness, opportunity focused, leveraging, innovativeness, risk taking, value creation, and customer intensity) are related to qualitative and quantitative outcome measures for the SME and the entrepreneur (including company success, customer success, financial success, satisfaction with return goals, satisfaction with growth goals, excellence, and the entrepreneur’s standard of living). Using factor analysis, three success outcome variables (financial, customer, and strong company success) emerged together. A separate factor analysis identified satisfactory growth and return goals. Stepwise regression revealed entrepreneurial marketing impacts outcome variables, particularly value creation. Implications for entrepreneurs and areas for research are included.