Entrepreneurial business owners and managers take risks, innovate, and compete aggressively. We use logistic regression to investigate the impact of entrepreneurial orientation (EO) and perceived threat of new competition on three competitive strategies — cost reduction, marketing, and product...

The development of small and medium scale enterprises (SMEs) is shaped by the environments where they are located, and the institutions in those environments. Governments can have a positive role in shaping SME development. However, corruption exists especially in countries with weak government...

Competitive markets provide the best conditions for producing low-priced, high-quality, and innovative goods and services, which benefit all of society. The poor especially benefit from competition through better standards of living and participation in more economic activities. With more...

The Philippines' IT-BPO sector has grown steadily since its initial boom at the beginning of the 21st century. Sector revenue reached USD 22 billion in 2015 and is expected to overtake OFW remittances in 2017. In 2015, IT-BPO accounted for 7.3 percent of Philippine GDP and employed 1.2 million...

The Philippines is now one of the best-performing economies in the world. The country's macroeconomic environment is characterized by strong growth, low and stable inflation, a steady fiscal position, healthy current account surpluses, strong foreign direct investment, and abundant international...

The evolution of the COVID-19 crisis has brought unprecedented uncertainty more than one year into the pandemic. Although mobility restrictions have gradually eased and vaccination roll-out has started to pick up, institutions such as public health have continued to face immense pressure from...

The COVID-19 pandemic has significantly affected major industries, resulting in the transformation of the business landscape, and small businesses have taken a particularly severe impact. Whenever crises occur, micro, small and medium enterprises (MSMEs) tend to be more vulnerable than large...