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The results show that two leadership styles and innovativeness have positive effect on business performance.
Although these findings show the importance of cultural environment those entrepreneurs grew up in, it also shows social norm has no significant effect on business performance.
Its aim is to illustrate the large detrimental effect on business performance that can arise from relatively trivial oversights and poor information handling during engineering design and fabrication.
In yet another study involving a sample of 300 employees from SMEs in Bangladesh, Obaidullah et al. (2011) found out that entrepreneurs' characteristics have significant effect on business performance of SMEs in Bangladesh.
A substantial body of evidence is now available on work-related risks that can negatively affect both mental and physical health with an associated negative effect on business performance and society [ 11].
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It is found that innovativeness, transformational leadership and transactional leadership have higher effects on business performance, respectively.
The contingency theory states that the manager's attributes are a result of specific situations, and in turn, the attributes' effects on business performance differ according to different situations[32].
According to Grinstein (2008), researchers should move from the study of the direct effect of MO on business performance to the study of the various combinations of strategic orientations that firms can pursue in different situations.
Finally, the positive effect of entrepreneurial competencies on business performance was supported by the data and results revealed that there is a positive effect between entrepreneurial social norms on entrepreneurs' competencies which conforms the mediating role of entrepreneurial competencies.
The effect of these variables on business performance has been assessed in previous studies (see for example Coleman 2007).
In this article, we use the concept of "family involvement", which has the advantage of enabling a more-accurate examination on the effect of familial factors on business performance and its dynamics.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com