Impact of Entrepreneurial Leadership on Project Success in Small and Medium Enterprises (SMEs) in Brazil
DOI:
https://doi.org/10.47604/ijepm.2345Keywords:
Religious Rituals, Shaping Moral Values, Social NormsAbstract
Purpose: The aim of the study was to investigate the impact of entrepreneurial leadership on project success in small and medium enterprises (SMEs)
Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
Findings: Research on the impact of entrepreneurial leadership on project success in Small and Medium Enterprises (SMEs) in Brazil indicates a positive relationship between entrepreneurial leadership behaviors and project outcomes. Studies have shown that SMEs led by entrepreneurial leaders tend to demonstrate higher levels of innovation, adaptability, and resilience, which contribute to improved project performance. Moreover, entrepreneurial leaders in Brazilian SMEs often exhibit a proactive approach to problem-solving, strategic decision-making, and team empowerment, resulting in enhanced project success rates.
Unique Contribution to Theory, Practice and Policy: Transformational leadership theory, social exchange theory & resource-based theory may be used to anchor future studies on the impact of entrepreneurial leadership on project success in small and medium enterprises (SMEs). Develop leadership development programs tailored specifically for SMEs to cultivate entrepreneurial leadership capabilities among managers and team members. Advocate for policies that support entrepreneurship and innovation within SMEs, such as providing financial incentives or grants for SMEs investing in leadership development programs or adopting innovative project management practices.
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