Title: The link between creativity and credibility with sustainable growth of entrepreneurial firms: evidence from Sri Lanka
Authors: Nayana Darshana Prasad Dehigama; Barbara Igel; Geetika Goel; Anil Jayantha Fernando
Addresses: Asian Institute of Technology, P.O. Box 4, Klong Luang, Pathumtani 12120, Thailand ' Asian Institute of Technology, P.O. Box 4, Klong Luang, Pathumtani 12120, Thailand ' School of Management Studies, Motilal Nehru, National Institute of Technology Allahabad, Allahabad 211004, India ' Department of Accounting, University of Sri Jayewardenepura, Gangodawila, Nugegoda, 10250, Sri Lanka
Abstract: This paper shows how creativity and credibility of entrepreneurial firms in Sri Lanka contribute to sustained growth in constantly turbulent and hostile emerging market conditions characterised by high uncertainty and risk owing to political and economic instability, internal ethnic conflicts and changes in social values. This is a suitable context to test the significance of individual and corporate credibility on the survival and growth of entrepreneurial firms operating in different market environments. This study applied a mixed research methodology by combining case research and a questionnaire based large survey on the owners and top managers of 158 successful entrepreneurial firms operating in Sri Lanka. This research found that in a turbulent and hostile emerging market context, creativity and credibility significantly influence entrepreneurial firm growth. The findings offer entrepreneurs in emerging markets important insights into growth strategies for surviving and thriving in often-hostile market conditions.
Keywords: creativity; credibility; entrepreneurial firm growth; survival factors; emerging markets; sustainable growth; entrepreneurship; Sri Lanka; entrepreneurial firms.
Journal for Global Business Advancement, 2017 Vol.10 No.2, pp.210 - 226
Received: 21 Sep 2016
Accepted: 11 Oct 2016
Published online: 22 Mar 2017 *