Today’s firms work in turbulent markets with rapidly changing and uncertain environmental variables. So effective management and strategic orientation has become very important. This study investigates the impact of entrepreneurial orientation (EO) on growth of small and medium-sized enterprises (SME). Small-and medium-sized enterprises are the dominant enterprise form; according to estimates, 65-80 percent of this companies are run by families. So is the growth of this firms very important for their economies.
As part of an international research team, we have investigated the connections among cultural dimensions and entrepreneurial orientation, which parts are innovativeness, risk taking and proactiveness on the growth of SME-s in a Hungarian sample.
