The Effect of Entrepreneurial Orientation and Competitive Advantage on SMEs’ Growth: A Structural Equation Modeling Study
Thongvanh Sirivanh, Sasiwemon Sukkabot, Meta Sateeraroj

Abstract
The aim of this research is to analyze factors affecting on SMEs’ growth and to develop the Structural Equation Modeling (SEM) of SMEs’ growth. The samples sized consist331 entrepreneurs in Lao PDR, instrument of research was the questionnaires 5 levels of Likert Rating Scale, the variables were Entrepreneurial Orientation, Competitive Advantages and SMEs’ growth. The result of this research were as follow: The factors Entrepreneurial Orientation has positively affecting on Competitive Advantages and the factors Competitive Advantages and Entrepreneurial Orientation has positively affecting towards SME’s growth with statistical significance.

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