For correspondence:-
Received: 16 June, 2019 Accepted: 23 June, 2019 Published: 30 June 2019
Citation: Firm Size, Age, and Entrepreneurial Performance. Account Tax Rev 2004; 3(2):49-56 doi:
© 2004 The authors.
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Abstract
Alluding from the learning theory, we investigate the effect of firm age and size on entrepreneurial performance. Specifically we adopted a descriptive methodology, with models drawn from the aforementioned theory. The hypotheses formulated were verified using the ordinary least square regression method, based on primary data from a purposive sampling of hundred (100) small and medium enterprises. The study found a positive and significant relationship between firm age, size and entrepreneurial performance. Given these findings, we conclude that entrepreneurial firm age and size has a positive and significant impact on firm performance. Therefore, the study recommends that; young/emerging entrepreneurs should consider networking with existing entrepreneurs, given their acquired expertise, and highly developed networks with partners, suppliers and customers; which we predict will spur entrepreneurial performance in the long-run.
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