Commerce and Management

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    The Impact of Entrepreneurial Orientation on the growth of SMEs in Sri Lanka
    (International Conference on Business, Marketing & Information System Management, 2015) Semasinghe, D.M.; Kumarpeli, K.I.
    Using growth of Small and Medium-size Enterprises (SME‟s) we investigated the relationship between the Entrepreneurial Orientation (EO) and growth of SME‟s in Sri Lanka. As EO has three dimensions, the study also aims to investigate to what extent these dimensions affect the growth. It was mainly hypothesized that higher entrepreneurial orientation leads to high venture growth. Venture growth was measured by sales growth and employment growth of firms. Results confirmed that EO has an impact to the venture growth of SMEs. Further, it was found that innovativeness and risk taking propensity have a positive impact on venture growth. However, results indicate that proactivness has no significant impact on the venture growth. The results of the study have important implications to the existing entrepreneurs, potential entrepreneurs, investors, researchers, consultants and policy makers.
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    Impediments to Innovations among Small Scale Firms in Agro-Food Processing Sector in Sri Lanka
    (Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2016) Anjalee, G.H.I.; Semasinghe, D.M.
    Innovation is widely recognized as a key factor in the competitiveness of nations and firms. However, innovation is a cost to any organization, especially to small scale firms due to the nature of operations. The aim of this study was to identify the impediments to innovation faced by the owners of small scale agro-food processing firms in Sri Lanka and in turn to investigate the most critical impediments faced by them. The data were collected from 120 small scale agro-food processing firms. The study was able to locate eight internal and five external factors that act as impediments to innovations. High cost of innovations and lack of qualified personals were identified as the most critical internal impediments while, insufficient government support was identified as the most critical external impediment to innovation. The results of the study recommend that, the policy makers should pay their attention on providing financial assistance to the small scale firms to come up with new innovations and also focus on developing skilled human resources that can be used by the small scale firms.
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    Market Orientation, Innovativeness and Performance in E-Learning Programme of Sri Lankan Universities
    (University of Kelaniya, 2015) Vaikunthavasan, S.; Samarakoon, S.M.A.K.
    The purpose of the study is to explore the market orientation, innovativeness and performance of the government Universities in Sri Lanka. Sri Lankan Universities were the unit of analysis. Data for this study were collected from the faculty heads or coordinators of Higher education programmmes in government Universities in Sri Lanka. Convenient sampling method was adopted, structured questionnaires were issued directly and sent through the mail to collect data and one hundred and fourteen respondents were gathered in this study. The MARKOR was used to measure the Market Orientation. Correlation and regression analysis were used in order to identify the association among market Orientation, innovativeness and performance. Three market orientation measures included intelligence generation; intelligence dissemination and responsiveness to intelligence were used to investigate their relationships with Innovativeness and performance. All three measures were found to be statistically significant and positively related to the Innovativeness and performance of the course programmes Universities in Sri Lanka. Based on the studies, the Universities were suggested to follow proper market oriented strategy in higher education system, it will lead to optimum performance achievement.
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    Market Orientation, Innovativeness and Performance in E-Learning Programme of Sri Lankan Universities
    (University of Kelaniya, 2014) Vaikunthavasan, S.; Samarakoon, S.M.A.K.
    The purpose of the study is to explore the market orientation, innovativeness and performance of the government Universities in Sri Lanka. Sri Lankan Universities were the unit of analysis. Data for this study were collected from the faculty heads or coordinators of Higher education programmmes in government Universities in Sri Lanka. Convenient sampling method was adopted, structured questionnaires were issued directly and sent through the mail to collect data and one hundred and fourteen respondents were gathered in this study. The MARKOR was used to measure the Market Orientation. Correlation and regression analysis were used in order to identify the association among market Orientation, innovativeness and performance. Three market orientation measures included intelligence generation; intelligence dissemination and responsiveness to intelligence were used to investigate their relationships with Innovativeness and performance. All three measures were found to be statistically significant and positively related to the Innovativeness and performance of the course programmes Universities in Sri Lanka. Based on the studies, the Universities were suggested to follow proper market oriented strategy in higher education system, it will lead to optimum performance achievement.