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Small Business Orientation and Business Growth of SMEs in Growing Market

Quantitative Analysis of the Lodging Industries in Kyoto during the Period of Growing Inbound Tourists

##article.authors##

  • Akiko Yamamoto Center for Research in Business Administration, Graduate School of Management, Kyoto university
  • Naoki Wakabayashi Graduate School of Management, Kyoto University https://researchmap.jp/nwakabayashix3502

DOI:

https://doi.org/10.51094/jxiv.448

Keywords:

Small Business Orientation, lodging industry, growth strategy in SMEs, Small-and medium-sized enterprises

Abstract

To determine how small business orientation affects firm performance, this study analyzed and examined lodging businesses in Kyoto during a period of rapid growth in tourism demand from the perspective of small business orientation. The results showed that the growth of sales relative to the growth rate of the number of employees was suppressive when the number of years of operation was long. This suggests that managers who have small business orientation may avoid labor intensification of their employees even during periods of increased demand when the amount of work increases.

Conflicts of Interest Disclosure

The authors declare no potential conflict of interest.

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Posted


Submitted: 2023-07-10 15:19:35 UTC

Published: 2023-07-12 01:02:39 UTC
Section
Economics, Business & Management