Training and performance in SMEs : empirical evidence from large-scale data from the UK

Idris, Bochra and Saridakis, George and Johnstone, Stewart (2020) Training and performance in SMEs : empirical evidence from large-scale data from the UK. Journal of Small Business Management. ISSN 0047-2778 (https://doi.org/10.1080/00472778.2020.1816431)

[thumbnail of Idris-etal-JSBM-2020-Training-and-performance-in-SMEs-empirical-evidence-from-large-scale]
Preview
Text. Filename: Idris_etal_JSBM_2020_Training_and_performance_in_SMEs_empirical_evidence_from_large_scale.pdf
Accepted Author Manuscript

Download (383kB)| Preview

Abstract

This article examines the link between training and (perceived) actual/intended performance of small and medium-sized enterprises (SMEs) in the UK. We use the UK’s 2015 Small Business Survey containing large-scale data from more than 15,000 owner-managers of SMEs. Using the ordered probit analysis to test our hypothesis, we find that there is a positive and significant relationship between training and SMEs’ performance. When differentiating between training according to its type, we find that on-the-job and off-the-job training are positively and significantly related to performance; however, when these types of training are received simultaneously, the combined association becomes stronger than their individual effects.