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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

The Interacting Roles of Network Competence and Entrepreneurial Development in Small and Medium Enterprises

Azzam A. Abou-Moghli

http://dx.doi.org/10.6007/IJARBSS/v8-i6/4197

Open access

Network competence is a crucial tool in the growth and development of organizations in corporate sector. Network competence would greatly aid such SMEs to expand and develop within the corporate sector. This study aims to investigate the relationship between network competence and growth and development of such SMEs in local as well as foreign trade markets. The study has selected 120 SMEs of varying businesses that operated in Jordan. Employees of these enterprises were corresponded via a questionnaire based on the Likert scale (0-Strongly Disagree, 4-Strongly Agree). These employees were classified on the parameters of age, gender, and qualifications. Results indicated that a vast majority of the respondents strongly affirmed the key role of network competence in the growth and development of SMEs and their success in international markets. These results were in line with expectations and corroborated existing research conducted in this regard. It is; thus, evident that network competence is a powerful asset to any SME and each SME needs to evaluate their own level of network competence to effectively compete in the corporate sector, both locally and internationally.