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Browsing by Author "Surangi, H.K.N.S."

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    IMPACT OF LEVEL OF EDUCATION AND BUSINESS EXPERIENCE ON BUSINESS SUCCESS AMONG SMALL RETAIL OWNER MANAGERS IN SRI LANKA
    (2010) Wanigasekara, W.M.S.K.; Surangi, H.K.N.S.
    Two key demographic variables that influence entrepreneurship activities are level of education and business experience. The ?Business Experience? ?Formal Education? and the ?Business Success? are three interrelated terms. Most of the researchers have argued for stronger link between the business experience and the business success, and Formal education and the business success. Robrt and Alicia (2003) exposed success of the business is linked with level of the education of the owner .Therefore education is another factor that influences owner mangers entrepreneurial success and Thapa (2007) discovered the education has positive effect on entrepreneurial success. Further owner managers business experience is important determinant for business success. Goslin and Barge (1986) revealed individuals who finance new ventures weigh the owners' experience significantly when making decisions .Then the problem of the study was ;impact of level of education and business experience on business success of owner managers. The purpose of this study was to examine the relationship between business success with business experience and business success with the level of the education. The study was based on sample of 33 owner manager from retail sector. The data collection technique was questionnaire method and used Independent t-test for analyses the data. Findings of the study were there is a significant relationship between level of education and business success and there were no difference between business experience and business success.
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    OPEN INNOVATION PRACTICES IN WOMEN OWNED HANDICRAFT MANUFACTURING SMEs:(A CASE FROM CENTRAL PROVINCE, SRI LANKA)
    (2010) Jayawardhana, A.A.K.K.; Surangi, H.K.N.S.
    Innovations depict clear-cut differences between entrepreneurial ventures and the normal business ventures as a fore-walker of driving a business venture in to growth orientation which is considered as the heart of entrepreneurial orientation. Open innovation practices are very popular among large MNCs though the adaptability of the practice has not been still researched and illustrated in the perspective of small and medium businesses. The study aims at observing the open innovation practices among small and medium women business owned ventures (in the field of handicrafts manufacturing) in Central Province in Sri Lanka. The study based on the primary data gathered from women business owners in the Central Province within the industry and the data were collected through a postal survey from a sample of 50 women business owners which represents 30% of the total population of handicrafts manufacturing industry in the province and descriptive analysis method was adapted to analyze the data The results show that there is a positive trend within women business owners in the handicrafts industry to adapt open innovation practices in ensuring their survival and the growth of the businesses that automatically pushes them towards the entrepreneurial orientation. Moreover, the study findings reveals of a significant difference in the adaption to open innovation practices within medium and small ventures. Study findings further illustrate that the lack of knowledge on innovation management practices, lack of capabilities for networking and the mistrust they have towards venture growth play as main barriers those prevent them in occupying innovation management practices within the ventures.

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