A Study on the Performance of SMEs through Entrepreneurial Marketing Dimensions
- 1 School of Business and Entrepreneurship, Independent University, Bangladesh (IUB), Dhaka, Bangladesh
- 2 School of Business and Entrepreneurship, Independent University, Bangladesh (IUB), Dhaka, Bangladesh
- 3 School of Business and Entrepreneurship, Independent University, Bangladesh (IUB), Dhaka, Bangladesh
- 4 School of Business and Entrepreneurship, Independent University, Bangladesh (IUB), Dhaka, Bangladesh
- 5 School of Business and Entrepreneurship, Independent University, Bangladesh (IUB), Dhaka, Bangladesh
Abstract
Background: SME performance is significantly impacted by challenges such as resource constraints, market volatility, and evolving customer demands. Entrepreneurial marketing (EM) combines entrepreneurial behaviors with marketing principles to drive the performance of SMEs, addressing these issues and promoting sustainable growth in the competitive market. Objective: This study investigates the impact of entrepreneurial marketing dimensions on the performance of small and medium-sized enterprises (SMEs). Method: This study uses a systematic literature review to analyze academic articles to understand the impact of entrepreneurial marketing dimensions on the performance of SMEs. Results and Discussion: This research reveals that seven entrepreneurial marketing dimensions significantly enhance firm performance, with their interdependence amplifying their collective impact. Originality/Value: This paper offers valuable insights for SMEs to strategically utilize entrepreneurial marketing dimensions for competitive advantage and sustained growth through a comprehensive analysis of existing research. Research Implication: This study contributes to SMEs of Bangladesh by integrating entrepreneurial marketing dimensions into a cohesive framework, emphasizing their practical application in improving SME performance. It also suggests the need for empirical studies examining these dimensions in diverse contexts.
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