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

Idris, Bochra and Saridakis, George and Johnstone, Stewart (2023) Training and performance in SMEs : empirical evidence from large-scale data from the UK. Journal of Small Business Management, 61 (2). pp. 769-801. ISSN 0047-2778 (https://doi.org/10.1080/00472778.2020.1816431)

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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.

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