Understanding opportunity focus and its effects on douala micro-small enterprises sales performance
Abstract:
Purpose: The main purpose of this study is to understand opportunity focus and its effects on the sales performance of micro-small enterprises in Douala.
Research Methodology: This study adopted a quantitative research design using a questionnaire as the primary data collection instrument. The sample size of 385 was determined using the Cochran formula for an unknown population and selected using simple random sampling. The collected data were analyzed using the ordinary least squares technique (OLS) with the help of STATA 17.
Results: The findings revealed a positive and significant effect of opportunity focus on sales performance in micro- and small-sized enterprises in Douala V, Cameroon. The results also show that younger business owners outperform their older counterparts in terms of sales performance.
Conclusions: This study provides insightful policy recommendations for micro and small businesses, newly formed NGOs, governments, and other stakeholders to bolster their competitive positions, contribute to sustainable and inclusive economic growth, and foster innovation and entrepreneurship in their sectors.
Limitations: The study is limited to micro and small-sized enterprises in the Douala Five municipality, making generation difficult for other medium and large enterprises within and out of the Douala Five municipality since these enterprises vary in size and definitely differ in resource constraints
Contribution: This study provides insightful policy recommendations for micro and small businesses, newly formed NGOs, governments, and other stakeholders to bolster their competitive positions, contribute to sustainable and inclusive economic growth, and foster innovation and entrepreneurship in their sectors.
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Ács, Z. J., Szerb, L., & Autio, E. (2016). Global entrepreneurship and development index 2015: Springer.
Al Mamun, A., & Fazal, S. A. (2018). Effect of entrepreneurial orientation on competency and micro-enterprise performance. Asia Pacific Journal of Innovation and Entrepreneurship, 12(3), 379-398. doi:https://doi.org/10.1108/APJIE-05-2018-0033
AlMulhim, A. F. (2023). Knowledge management capability and organizational performance: a moderated mediation model of environmental dynamism and opportunity recognition. Business Process Management Journal, 29(6), 1655-1679. doi:https://doi.org/10.1108/BPMJ-10-2022-0515
Alvarez, S. A., & Barney, J. B. (2014). Entrepreneurial opportunities and poverty alleviation. Entrepreneurship theory and practice, 38(1), 159-184. doi:https://doi.org/10.1111/etap.12078
Anoke, F., Ngozi, N. H., Uchechukwu, E. S., & Joyce, I. (2022). Entrepreneurial Marketing And SMEs Growth In Post Covid-19 Era In Awka, Anambra State, Nigeria. International Journal of Financial, Accounting, and Management, 4(2), 115-127. doi:https://doi.org/10.35912/ijfam.v4i2.833
Ardichvili, A., Cardozo, R., & Ray, S. (2003). A theory of entrepreneurial opportunity identification and development. Journal of business venturing, 18(1), 105-123.
Bagale, G. S., Vandadi, V. R., Singh, D., Sharma, D. K., Garlapati, D. V. K., Bommisetti, R. K., . . . Sengan, S. (2021). Small and medium?sized enterprises’ contribution in digital technology. Petra Christian University.
Bambale, A. J. a. (2014). Research methodological techniques as a model for quantitative studies in Social Sciences. British Journal of Economics, Management & Trade, 4(6), 862-879. doi:http://dx.doi.org/10.9734/BJEMT/2014/7665
Becherer, R. C., Helms, M. M., & McDonald, J. P. (2012). The effect of entrepreneurial marketing on outcome goals in SMEs. New england journal of Entrepreneurship, 15(1), 7-18. doi:https://doi.org/10.1108/NEJE-15-01-2012-B001
Boddy, C. R. (2016). Sample size for qualitative research. Qualitative market research: An international journal, 19(4), 426-432. doi:https://doi.org/10.1108/QMR-06-2016-0053
Cohen, B., & Winn, M. I. (2007). Market imperfections, opportunity and sustainable entrepreneurship. Journal of Business Venturing, 22(1), 29-49. doi:https://doi.org/10.1016/j.jbusvent.2004.12.001
Edelman, L., & Yli–Renko, H. (2010). The impact of environment and entrepreneurial perceptions on venture-creation efforts: Bridging the discovery and creation views of entrepreneurship. Entrepreneurship theory and practice, 34(5), 833-856. doi:https://doi.org/10.1111/j.1540-6520.2010.00395.x
Fatoki, O. (2019). Entrepreneurial marketing and performance of small and medium enterprises in South Africa. Journal of Reviews on Global Economics, 8(1), 1429-1437. doi:https://doi.org/10.6000/1929-7092.2019.08.126
Gebreyohannes, Y. (2015). Assessment of the Challenges of Micro and Small Scale Enterprises to Contribute to Sustainable Development: The Case of Manufacturing Enterprises in Addis Ababa. Addis Ababa University, Ethiopia.
Hacioglu, G., Eren, S. S., Eren, M. S., & Celikkan, H. (2012). The Effect of Entrepreneurial Marketing on Firms’ Innovative Performance in Turkish SMEs. Procedia - Social and Behavioral Sciences, 58, 871-878. doi:https://doi.org/10.1016/j.sbspro.2012.09.1065
Hartanto, S. (2020). Addressing the tax challenges of e-commerce transactions. International Journal of Financial, Accounting, and Management, 2(1), 29-39. doi:https://doi.org/10.35912/ijfam.v2i1.162
Hoque, A. (2018). The effect of entrepreneurial orientation on Bangladeshi SME performance: Role of organizational culture. International Journal of Data and Network Science, 2(1), 1-14.
Hsieh, C., Nickerson, J. A., & Zenger, T. R. (2007). Opportunity discovery, problem solving and a theory of the entrepreneurial firm. Journal of Management Studies, 44(7), 1255-1277. doi:https://doi.org/10.1111/j.1467-6486.2007.00725.x
Ibrahim, M. M., Ariyanti, M., & Iskamto, D. (2025). The effect of sales promotion and hedonic shopping motivation on impulse buying behavior and the impact to customer loyalty in social commerce TikTok shop. Journal of Multidisciplinary Academic Business Studies, 2(2), 399-415. doi:https://doi.org/10.35912/jomabs.v2i2.2686
Jones, P., Maas, G., Dobson, S., Newbery, R., Agyapong, D., & Matlay, H. (2018). Entrepreneurship in Africa, part 2: Entrepreneurial education and eco-systems. Journal of Small Business and Enterprise Development, 25(4), 550-553. doi:https://doi.org/10.1108/JSBED-08-2018-400
Kilenthong, P., Hultman, C. M., & Hills, G. E. (2016). Entrepreneurial orientation as the determinant of entrepreneurial marketing behaviors. Journal of Small Business Strategy (archive only), 26(2), 1-22.
Kurpayanidi, K. I. (2018). World bank DB2018 rating and its place in the development of the roadmap for entrepreneurship development in Uzbekistan. Paper presented at the International scientific review of the problems of economics and management.
Kusa, N. D., & Danladi, N. Y. (2024). Entrepreneurial passion on the success of SME’s in Plateau State, Nigeria: The role of entrepreneurial skills. Journal of Sustainable Tourism and Entrepreneurship, 5(1), 57-74. doi:https://doi.org/10.35912/joste.v5i1.2124
Leonidou, C. N., & Leonidou, L. C. (2011). Research into environmental marketing/management: a bibliographic analysis. European journal of marketing, 45(1/2), 68-103. doi:https://doi.org/10.1108/03090561111095603
Liliyan, A. (2020). The Effect of Entrepreneurial Marketing on Marketing Performance in SMEs. Journal of Research in Business, Economics, and Education, 2(6), 1311-1320.
Mort, G. S., Weerawardena, J., & Liesch, P. (2012). Advancing entrepreneurial marketing: Evidence from born global firms. European journal of marketing, 46(3-4), 542-561. doi:https://doi.org/10.1108/03090561211202602
Mo?teanu, N. R., & Mesue, A. D. M. N. (2023). Strategic Entrepreneurship Approach for a Sustainable African Ecosystem. In S. Adomako, A. Danso, & A. Boateng (Eds.), Corporate Sustainability in Africa: Responsible Leadership, Opportunities, and Challenges (pp. 255-280). Cham: Springer International Publishing.
Mueti, N. E. (2019). The Impact of Industry 4.0 on Competitiveness of South African Small, Medium and Micro-Sized Enterprises. University of Johannesburg (South Africa).
Ngon Ngon, G. F., Mbog, M. B., Etame, J., Ntamak-Nida, M. J., Logmo, E. O., Gerard, M., . . . Bilong, P. (2014). Geochemistry of the Paleocene-Eocene and Miocene-Pliocene clayey materials of the eastern part of the Wouri River (Douala sub-basin, Cameroon): Influence of parent rocks. Journal of African Earth Sciences, 91, 110-124. doi:https://doi.org/10.1016/j.jafrearsci.2013.12.005
Nwekeala, B. B. (2023). ENTREPRENEURIAL CAPABILITIES AND BUSINESS SUCCESS OF SMES IN PORT HARCOURT. BW Academic Journal, 11-11.
Olannye, A., & Edward, E. (2016). The dimension of entrepreneurial marketing on the performance of fast food restaurants in Asaba, Delta State, Nigeria. Journal of Emerging Trends in Economics and Management Sciences, 7(3), 137-146. doi:https://hdl.handle.net/10520/EJC196776
Otika, U. S., Ejiofor, U. H., & Olise, C. M. (2019). Risk Perceptions and Online Shopping Intention among Internet Users In Nigeria. The Academy of Management Nigeria (TAMN), 1122.
Ouragini, I., & Lakhal, L. (2023). The impact of entrepreneurial marketing on the firm performance. Journal of the Knowledge Economy, 1-23.
Polas, M. R. H., & Raju, V. (2021). Technology and Entrepreneurial Marketing Decisions During COVID-19. Global Journal of Flexible Systems Management, 22(2), 95-112. doi:https://doi.org/10.1007/s40171-021-00262-0
Pulka, B. M., & Gawuna, M. S. (2022). Contributions of SMEs to employment, gross domestic product, economic growth and development. Jalingo Journal of Social and Management Sciences, 4(1), 1-18.
Putta, S. S. (2023). The Impact Of Entrepreneurial Marketing On The Financial Performance Of Small And Medium Scale Enterprises.
Rahi, S., Alnaser, F. M., & Abd Ghani, M. (2019). Designing survey research: recommendation for questionnaire development, calculating sample size and selecting research paradigms. Economic and Social Development: Book of Proceedings, 1157-1169.
Renz, T. T. (2018). Urban Land Grabbing Mayhem in Douala Metropolitan Local Council Areas, Cameroon. Current Urban Studies, 6(2), 243-259.
Sadiku-Dushi, N., Dana, L.-P., & Ramadani, V. (2019). Entrepreneurial marketing dimensions and SMEs performance. Journal of Business Research, 100, 86-99. doi:https://doi.org/10.1016/j.jbusres.2019.03.025
Shen, J., Sha, Z., & Wu, Y. J. (2020). Enterprise adaptive marketing capabilities and sustainable innovation performance: An opportunity–resource integration perspective. Sustainability, 12(2), 469. doi:https://doi.org/10.3390/su12020469
Stephen, O. U., Ireneus, N., & Moses, O. C. (2019). Entrepreneurial marketing practices and competitive advantage of small and medium size enterprises in Nigeria. European Journal of Business and Innovation Research, 7(3), 1-30.
Tharu, N. K., & Shrestha, Y. M. (2019). The influence of bank size on profitability: An application of statistics. International Journal of Financial, Accounting, and Management, 1(2), 81-89. doi:https://doi.org/10.35912/ijfam.v1i2.82
Thomas, G. (2014). Research methodology, methods and design Researching the Police in the 21st Century: International Lessons from the Field (pp. 83-116): Springer.
Usadha, I. D. N., Supartha, I. W. G., Riana, I. G., & Surya, I. B. K. (2022). Determinants Of Entrepreneurship Orientation and Their Impact on Entrepreneurship Intention. Calitatea, 23(191), 211-222.
Yadav, A., & Bansal, S. (2021). Viewing marketing through entrepreneurial mindset: a systematic review. International Journal of Emerging Markets, 16(2), 133-153. doi:https://doi.org/10.1108/IJOEM-03-2019-0163
- Ács, Z. J., Szerb, L., & Autio, E. (2016). Global entrepreneurship and development index 2015: Springer.
- Al Mamun, A., & Fazal, S. A. (2018). Effect of entrepreneurial orientation on competency and micro-enterprise performance. Asia Pacific Journal of Innovation and Entrepreneurship, 12(3), 379-398. doi:https://doi.org/10.1108/APJIE-05-2018-0033
- AlMulhim, A. F. (2023). Knowledge management capability and organizational performance: a moderated mediation model of environmental dynamism and opportunity recognition. Business Process Management Journal, 29(6), 1655-1679. doi:https://doi.org/10.1108/BPMJ-10-2022-0515
- Alvarez, S. A., & Barney, J. B. (2014). Entrepreneurial opportunities and poverty alleviation. Entrepreneurship theory and practice, 38(1), 159-184. doi:https://doi.org/10.1111/etap.12078
- Anoke, F., Ngozi, N. H., Uchechukwu, E. S., & Joyce, I. (2022). Entrepreneurial Marketing And SMEs Growth In Post Covid-19 Era In Awka, Anambra State, Nigeria. International Journal of Financial, Accounting, and Management, 4(2), 115-127. doi:https://doi.org/10.35912/ijfam.v4i2.833
- Ardichvili, A., Cardozo, R., & Ray, S. (2003). A theory of entrepreneurial opportunity identification and development. Journal of business venturing, 18(1), 105-123.
- Bagale, G. S., Vandadi, V. R., Singh, D., Sharma, D. K., Garlapati, D. V. K., Bommisetti, R. K., . . . Sengan, S. (2021). Small and medium?sized enterprises’ contribution in digital technology. Petra Christian University.
- Bambale, A. J. a. (2014). Research methodological techniques as a model for quantitative studies in Social Sciences. British Journal of Economics, Management & Trade, 4(6), 862-879. doi:http://dx.doi.org/10.9734/BJEMT/2014/7665
- Becherer, R. C., Helms, M. M., & McDonald, J. P. (2012). The effect of entrepreneurial marketing on outcome goals in SMEs. New england journal of Entrepreneurship, 15(1), 7-18. doi:https://doi.org/10.1108/NEJE-15-01-2012-B001
- Boddy, C. R. (2016). Sample size for qualitative research. Qualitative market research: An international journal, 19(4), 426-432. doi:https://doi.org/10.1108/QMR-06-2016-0053
- Cohen, B., & Winn, M. I. (2007). Market imperfections, opportunity and sustainable entrepreneurship. Journal of Business Venturing, 22(1), 29-49. doi:https://doi.org/10.1016/j.jbusvent.2004.12.001
- Edelman, L., & Yli–Renko, H. (2010). The impact of environment and entrepreneurial perceptions on venture-creation efforts: Bridging the discovery and creation views of entrepreneurship. Entrepreneurship theory and practice, 34(5), 833-856. doi:https://doi.org/10.1111/j.1540-6520.2010.00395.x
- Fatoki, O. (2019). Entrepreneurial marketing and performance of small and medium enterprises in South Africa. Journal of Reviews on Global Economics, 8(1), 1429-1437. doi:https://doi.org/10.6000/1929-7092.2019.08.126
- Gebreyohannes, Y. (2015). Assessment of the Challenges of Micro and Small Scale Enterprises to Contribute to Sustainable Development: The Case of Manufacturing Enterprises in Addis Ababa. Addis Ababa University, Ethiopia.
- Hacioglu, G., Eren, S. S., Eren, M. S., & Celikkan, H. (2012). The Effect of Entrepreneurial Marketing on Firms’ Innovative Performance in Turkish SMEs. Procedia - Social and Behavioral Sciences, 58, 871-878. doi:https://doi.org/10.1016/j.sbspro.2012.09.1065
- Hartanto, S. (2020). Addressing the tax challenges of e-commerce transactions. International Journal of Financial, Accounting, and Management, 2(1), 29-39. doi:https://doi.org/10.35912/ijfam.v2i1.162
- Hoque, A. (2018). The effect of entrepreneurial orientation on Bangladeshi SME performance: Role of organizational culture. International Journal of Data and Network Science, 2(1), 1-14.
- Hsieh, C., Nickerson, J. A., & Zenger, T. R. (2007). Opportunity discovery, problem solving and a theory of the entrepreneurial firm. Journal of Management Studies, 44(7), 1255-1277. doi:https://doi.org/10.1111/j.1467-6486.2007.00725.x
- Ibrahim, M. M., Ariyanti, M., & Iskamto, D. (2025). The effect of sales promotion and hedonic shopping motivation on impulse buying behavior and the impact to customer loyalty in social commerce TikTok shop. Journal of Multidisciplinary Academic Business Studies, 2(2), 399-415. doi:https://doi.org/10.35912/jomabs.v2i2.2686
- Jones, P., Maas, G., Dobson, S., Newbery, R., Agyapong, D., & Matlay, H. (2018). Entrepreneurship in Africa, part 2: Entrepreneurial education and eco-systems. Journal of Small Business and Enterprise Development, 25(4), 550-553. doi:https://doi.org/10.1108/JSBED-08-2018-400
- Kilenthong, P., Hultman, C. M., & Hills, G. E. (2016). Entrepreneurial orientation as the determinant of entrepreneurial marketing behaviors. Journal of Small Business Strategy (archive only), 26(2), 1-22.
- Kurpayanidi, K. I. (2018). World bank DB2018 rating and its place in the development of the roadmap for entrepreneurship development in Uzbekistan. Paper presented at the International scientific review of the problems of economics and management.
- Kusa, N. D., & Danladi, N. Y. (2024). Entrepreneurial passion on the success of SME’s in Plateau State, Nigeria: The role of entrepreneurial skills. Journal of Sustainable Tourism and Entrepreneurship, 5(1), 57-74. doi:https://doi.org/10.35912/joste.v5i1.2124
- Leonidou, C. N., & Leonidou, L. C. (2011). Research into environmental marketing/management: a bibliographic analysis. European journal of marketing, 45(1/2), 68-103. doi:https://doi.org/10.1108/03090561111095603
- Liliyan, A. (2020). The Effect of Entrepreneurial Marketing on Marketing Performance in SMEs. Journal of Research in Business, Economics, and Education, 2(6), 1311-1320.
- Mort, G. S., Weerawardena, J., & Liesch, P. (2012). Advancing entrepreneurial marketing: Evidence from born global firms. European journal of marketing, 46(3-4), 542-561. doi:https://doi.org/10.1108/03090561211202602
- Mo?teanu, N. R., & Mesue, A. D. M. N. (2023). Strategic Entrepreneurship Approach for a Sustainable African Ecosystem. In S. Adomako, A. Danso, & A. Boateng (Eds.), Corporate Sustainability in Africa: Responsible Leadership, Opportunities, and Challenges (pp. 255-280). Cham: Springer International Publishing.
- Mueti, N. E. (2019). The Impact of Industry 4.0 on Competitiveness of South African Small, Medium and Micro-Sized Enterprises. University of Johannesburg (South Africa).
- Ngon Ngon, G. F., Mbog, M. B., Etame, J., Ntamak-Nida, M. J., Logmo, E. O., Gerard, M., . . . Bilong, P. (2014). Geochemistry of the Paleocene-Eocene and Miocene-Pliocene clayey materials of the eastern part of the Wouri River (Douala sub-basin, Cameroon): Influence of parent rocks. Journal of African Earth Sciences, 91, 110-124. doi:https://doi.org/10.1016/j.jafrearsci.2013.12.005
- Nwekeala, B. B. (2023). ENTREPRENEURIAL CAPABILITIES AND BUSINESS SUCCESS OF SMES IN PORT HARCOURT. BW Academic Journal, 11-11.
- Olannye, A., & Edward, E. (2016). The dimension of entrepreneurial marketing on the performance of fast food restaurants in Asaba, Delta State, Nigeria. Journal of Emerging Trends in Economics and Management Sciences, 7(3), 137-146. doi:https://hdl.handle.net/10520/EJC196776
- Otika, U. S., Ejiofor, U. H., & Olise, C. M. (2019). Risk Perceptions and Online Shopping Intention among Internet Users In Nigeria. The Academy of Management Nigeria (TAMN), 1122.
- Ouragini, I., & Lakhal, L. (2023). The impact of entrepreneurial marketing on the firm performance. Journal of the Knowledge Economy, 1-23.
- Polas, M. R. H., & Raju, V. (2021). Technology and Entrepreneurial Marketing Decisions During COVID-19. Global Journal of Flexible Systems Management, 22(2), 95-112. doi:https://doi.org/10.1007/s40171-021-00262-0
- Pulka, B. M., & Gawuna, M. S. (2022). Contributions of SMEs to employment, gross domestic product, economic growth and development. Jalingo Journal of Social and Management Sciences, 4(1), 1-18.
- Putta, S. S. (2023). The Impact Of Entrepreneurial Marketing On The Financial Performance Of Small And Medium Scale Enterprises.
- Rahi, S., Alnaser, F. M., & Abd Ghani, M. (2019). Designing survey research: recommendation for questionnaire development, calculating sample size and selecting research paradigms. Economic and Social Development: Book of Proceedings, 1157-1169.
- Renz, T. T. (2018). Urban Land Grabbing Mayhem in Douala Metropolitan Local Council Areas, Cameroon. Current Urban Studies, 6(2), 243-259.
- Sadiku-Dushi, N., Dana, L.-P., & Ramadani, V. (2019). Entrepreneurial marketing dimensions and SMEs performance. Journal of Business Research, 100, 86-99. doi:https://doi.org/10.1016/j.jbusres.2019.03.025
- Shen, J., Sha, Z., & Wu, Y. J. (2020). Enterprise adaptive marketing capabilities and sustainable innovation performance: An opportunity–resource integration perspective. Sustainability, 12(2), 469. doi:https://doi.org/10.3390/su12020469
- Stephen, O. U., Ireneus, N., & Moses, O. C. (2019). Entrepreneurial marketing practices and competitive advantage of small and medium size enterprises in Nigeria. European Journal of Business and Innovation Research, 7(3), 1-30.
- Tharu, N. K., & Shrestha, Y. M. (2019). The influence of bank size on profitability: An application of statistics. International Journal of Financial, Accounting, and Management, 1(2), 81-89. doi:https://doi.org/10.35912/ijfam.v1i2.82
- Thomas, G. (2014). Research methodology, methods and design Researching the Police in the 21st Century: International Lessons from the Field (pp. 83-116): Springer.
- Usadha, I. D. N., Supartha, I. W. G., Riana, I. G., & Surya, I. B. K. (2022). Determinants Of Entrepreneurship Orientation and Their Impact on Entrepreneurship Intention. Calitatea, 23(191), 211-222.
- Yadav, A., & Bansal, S. (2021). Viewing marketing through entrepreneurial mindset: a systematic review. International Journal of Emerging Markets, 16(2), 133-153. doi:https://doi.org/10.1108/IJOEM-03-2019-0163