Business incubation and entrepreneurial orientation on the performance of small and medium enterprises

Abstract

The impact of Business Incubation and Entrepreneurial Orientation on the performance of Small and Medium Enterprises (SME) is seldom jointly tested, hence this study seeks to test the impact of Business Incubation and Entrepreneurial Orientation on SME performance. The research design adopted an analytical, deductive and quantitative approach over a cross-sectional time horizon, using primary data gathered from structured questionnaires. This study found that Business Incubation has a statistically significant impact on SME performance, while the positive impact of Entrepreneurial Orientation on SME performance was not statistically significant. The article proposes that policymakers should strengthen their efforts in supporting SMEs through business incubation.