Strategic Reactiveness And Entrepreneurial Management Tendencies : Small and Medium-Sized Enterprises in Malaysia

It has been widely agreed that entrepreneurship leads to the success of firms. Small and Medium-sized Enterprises (SMEs) have been given high priority in Malaysia and have been identified as one of the engines to drive Malaysia toward the New Economic Model (NEM) transformation. This book highlights the implementation of Strategic Reactiveness (SR) and Entrepreneurial Management (EM) tendencies of SMEs sector. This study was deemed explore in quantitative in order to define the relationship between SR and EM. This book applies Stevenson's six dimensional construct of EM, where the framework consists of Strategic Orientation (SO), Resources Orientation (RO), Management Structure (MS), Reward Philosophy (RP), Growth Orientation (GO) and Entrepreneurial Culture (EC). On the other hand, the Strategic Reactiveness dimensional construct consists of Strategic Formulation, Technocratic Decision Making and finally Structural Organicity. The result reveals that Strategic Reactiveness has significant and positive relationship with Entrepreneurial Management tendencies and Structural Organicity is found to be the best predictors for entrepreneurship inclination.