Abstract

In this study, the effect of entrepreneurship on firm performance, firm performance and growth regardless of sectoral differences from a macro perspective were analyzed in the light of the data gathered from 3034 firms operating in organized industry zones in Turkey. According to the results of the correlation analysis, positively significant relationships between firm performance and dimensions of entrepreneurship, profitability and new business venturing, innovativeness and self-renewal, growth and self-renewal, proactiveness and innovativeness were found. When taking into consideration the research findings, the main effects of new business venturing and innovativeness on firm performance are positively significant, new business venturing had a positive effect on profitability; proactiveness was positively significant on growth. Practical implications and directions for the future research were also discussed in this study.

Key words: Organized industry zones, entrepreneurship, firm performance, business venturing.