Leadership styles among entrepreneurs in technology based SMEs

Several strategies have been devised in order to harness science, technology and innovation as the key drivers for enhancing the capabilities of a nation. These strategies aim to improve the ability to innovate as well as to increase the number of companies that are based on science and technology b...

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Bibliographic Details
Main Authors: Mohd Noor, Farhanah, Shamsuddin, Alina, Abdulah, Nor Hazana
Format: Conference or Workshop Item
Published: 2013
Subjects:
Online Access:http://eprints.uthm.edu.my/5799/
http://eprints.uthm.edu.my/5799/1/7._Farhanah.pdf
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Summary:Several strategies have been devised in order to harness science, technology and innovation as the key drivers for enhancing the capabilities of a nation. These strategies aim to improve the ability to innovate as well as to increase the number of companies that are based on science and technology by promoting techno-entrepreneurship. In addition to, and in line with these planned strategies, the area of leadership must also be emphasized to ensure that entrepreneurs are ready to face global challenges that demand them to both evolve and improve their readiness for competition. The success of an organization is usually attributed to the quality and the effectiveness of the applied leadership. Thus, this study highlights the importance of leadership in the management of technology-based SMEs by identifying the various leadership styles and proposing the optimal style most suitable to the nature of the business. This would help business leaders to manage their business ventures effectively and efficiently.