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Research Article

Analyzing Effectiveness of Entrepreneurial Orientation on Business Growth: A Study of SMEs in the Hospitality Sector in Kitwe

Authors

  • Joseph Nsama Department of Business, Information and Communication University, Lusaka, Zambia

    nsamaj02@gmail.com

  • Marvin Kabubi Department of Business, Information and Communication University, Lusaka, Zambia

Abstract

Entrepreneurial orientation (EO) has been publicized as a vital ingredient that brings incremental growth to firms. As a result, this research investigates the impact of entrepreneurial orientation (EO) on the growth of small and medium enterprises business among Zambian- owned enterprises within the Kitwe hospitality sector, with a focus on understanding the practical effectiveness of key entrepreneurial capabilities in driving business success and growth. The study’s objectives are determining innovation and marketing capabilities can contribute to growth and profitability, while analyzing the effects of entrepreneurial training and effective use of financial management can enhance growth in the industry. To address these objectives, both qualitative and quantitative methods of data collection were employed as purposive sampling method as to allow an in-depth examination of how Kitwe ‘s unique socio-cultural and economic factors shape the entrepreneurial behaviors. The research drew a purposive 50 participants including business owners, managers, and industrial stakeholders to allow for diverse representation across the sector. The sample size was determined based on the standard for achieving data saturation in qualitative research. The findings reveal that entrepreneurial training significantly enhances management skills, empowering leaders with improved decision-making abilities and strategic thinking which are paramount in a dynamic environment. Financial management was seen as an important element in optimizing resource use in the industry. Additionally, innovative capacity emerged as essential for maintaining market share and maintaining long term growth by allowing business to adapt rapidly to changing customer preferences and industrial trends, These results underscores the need for policy intervention that supports entrepreneurial development, financial literacy and innovative driven strategies to strengthen Kitwe’s hospitality sector, thereby contributing to the broader goals of economic resiliency and growth in Zambia’s entrepreneurial landscape.

Keywords:

Entrepreneurial Orientation Hospitality Industry Innovation Market Dynamics Technological Change

Article information

Journal

Journal of Economics, Business, and Commerce

Volume (Issue)

2(1), (2025)

Pages

47-58

Published

06-04-2025

How to Cite

Nsama, J., & Kabubi, M. (2025). Analyzing Effectiveness of Entrepreneurial Orientation on Business Growth: A Study of SMEs in the Hospitality Sector in Kitwe. Journal of Economics, Business, and Commerce, 2(1), 47-58. https://doi.org/10.69739/jebc.v2i1.386

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