Abstract
This study examined the effects of locus of control, tolerance of ambiguity, vision, persistence, and resilience on entrepreneurial competency, performance, and sustainability among micro-enterprises in Kelantan, Malaysia. Adopting a cross-sectional design, the authors collected data from 403 micro-entrepreneurs. The findings revealed that locus of control and vision significantly influenced entrepreneurial competencies. In turn, entrepreneurial competencies, locus of control, and visionary traits significantly affected micro-enterprise performance. The findings also revealed a positive effect of entrepreneurial competencies and performance on micro-enterprise sustainability. The findings also confirmed a significant mediating effect of entrepreneurial competencies on the relationship between locus of control and vision and enterprise performance. The government and developmental organizations should collaborate to enhance locus of control, vision, and resilience traits in order to facilitate micro-enterprise sustainable performance.
Highlights
Small and medium enterprises (SMEs) provide job and self-employment opportunities for many households (Kongolo 2010; Simpson, Taylor, & Barker 2004)
This study examined the effects of locus of control, tolerance of ambiguity, vision, persistence, and resilience on entrepreneurial competency, performance, and sustainability among micro-enterprises in Kelantan, Malaysia
This study examined the effect of these entrepreneurial traits on entrepreneurial competencies, enterprise performance, and sustainability of micro-enterprises in Kelantan, Malaysia
Summary
Small and medium enterprises (SMEs) provide job and self-employment opportunities for many households (Kongolo 2010; Simpson, Taylor, & Barker 2004). Micro and small enterprises facilitate technological capability building, diffusion of innovations, and capital mobilization (Nabiswa & Mukwa, 2017). Al-Mamun, Nawi, and Zainol (2016) highlighted that the activities of micro-enterprises can beef up the national development of Malaysia. A total of 1.3 million individuals (9.7% of the total workforce) are actively engaged in micro-economic. According to Aziz, Halim, and Wahid (2017), Malaysian micro-enterprises contributed 75 percent to the total SMEs with less than five full-time employees and an annual turnover of approximately RM 300,000.
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