Identification and prioritizing influential factors on entrepreneurial success: A case study of SMES in Iran and Malaysia

The purpose of this study aims at answering a question about the possibility of different values representing as influential factors on entrepreneurial success. The paper builds on the contributions of previous research in the areas of traits of entrepreneurs and entrepreneurial success and SMEs in...

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Main Authors: Alroaia, Younos Vakil, Baharun, Rohizat
Format: Article
Language:English
Published: 20817452 2018
Subjects:
Online Access:http://eprints.utm.my/84573/1/RohizatBaharun2018_IdentificationAndPrioritizingInfluentialFactorsonEntrepreneurialSuccess.pdf
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author Alroaia, Younos Vakil
Baharun, Rohizat
author_facet Alroaia, Younos Vakil
Baharun, Rohizat
author_sort Alroaia, Younos Vakil
collection ePrints
description The purpose of this study aims at answering a question about the possibility of different values representing as influential factors on entrepreneurial success. The paper builds on the contributions of previous research in the areas of traits of entrepreneurs and entrepreneurial success and SMEs in the entrepreneurship development process. By using Delphi method and commends of the experts, 14 parameters are recognized. The MCDM method of this survey could be used for ranking and analysis of entrepreneurial success. Utilizing DEMATEL technique indices are classified into cause and effect sections. The results from DEMATEL show that the strong influence of the cause is Risk-Taking and the most effective factor for the effect group is Need for Achievement. Moreover, the weights relevant to each factor are determined by ANP method. Then by the VIKOR technique, the indices are prioritized. Furthermore, this study provides four critical factors to select the best alternatives of entrepreneurial success that “Risk-Taking, Passion, Self-Confident, and Locus of Control” are considered to be the best factors in this class. In addition, “Flexibility” is categorized as the weakest factor among the whole factors influencing entrepreneurial success index.
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spelling utm.eprints-845732020-02-27T03:05:40Z http://eprints.utm.my/84573/ Identification and prioritizing influential factors on entrepreneurial success: A case study of SMES in Iran and Malaysia Alroaia, Younos Vakil Baharun, Rohizat HD28 Management. Industrial Management The purpose of this study aims at answering a question about the possibility of different values representing as influential factors on entrepreneurial success. The paper builds on the contributions of previous research in the areas of traits of entrepreneurs and entrepreneurial success and SMEs in the entrepreneurship development process. By using Delphi method and commends of the experts, 14 parameters are recognized. The MCDM method of this survey could be used for ranking and analysis of entrepreneurial success. Utilizing DEMATEL technique indices are classified into cause and effect sections. The results from DEMATEL show that the strong influence of the cause is Risk-Taking and the most effective factor for the effect group is Need for Achievement. Moreover, the weights relevant to each factor are determined by ANP method. Then by the VIKOR technique, the indices are prioritized. Furthermore, this study provides four critical factors to select the best alternatives of entrepreneurial success that “Risk-Taking, Passion, Self-Confident, and Locus of Control” are considered to be the best factors in this class. In addition, “Flexibility” is categorized as the weakest factor among the whole factors influencing entrepreneurial success index. 20817452 2018 Article PeerReviewed application/pdf en http://eprints.utm.my/84573/1/RohizatBaharun2018_IdentificationAndPrioritizingInfluentialFactorsonEntrepreneurialSuccess.pdf Alroaia, Younos Vakil and Baharun, Rohizat (2018) Identification and prioritizing influential factors on entrepreneurial success: A case study of SMES in Iran and Malaysia. Polish Journal of Management Studies, 17 (2). pp. 31-40. ISSN 2081-7452 https://pjms.zim.pcz.pl/resources/html/article/details?id=174945
spellingShingle HD28 Management. Industrial Management
Alroaia, Younos Vakil
Baharun, Rohizat
Identification and prioritizing influential factors on entrepreneurial success: A case study of SMES in Iran and Malaysia
title Identification and prioritizing influential factors on entrepreneurial success: A case study of SMES in Iran and Malaysia
title_full Identification and prioritizing influential factors on entrepreneurial success: A case study of SMES in Iran and Malaysia
title_fullStr Identification and prioritizing influential factors on entrepreneurial success: A case study of SMES in Iran and Malaysia
title_full_unstemmed Identification and prioritizing influential factors on entrepreneurial success: A case study of SMES in Iran and Malaysia
title_short Identification and prioritizing influential factors on entrepreneurial success: A case study of SMES in Iran and Malaysia
title_sort identification and prioritizing influential factors on entrepreneurial success a case study of smes in iran and malaysia
topic HD28 Management. Industrial Management
url http://eprints.utm.my/84573/1/RohizatBaharun2018_IdentificationAndPrioritizingInfluentialFactorsonEntrepreneurialSuccess.pdf
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