Quantitative analysis reveals that entrepreneurial leadership and agility improve collaboration and resilience in SMEs, suggesting strategic pathways for growth.
Key Points
Business resilience improves with effective entrepreneurial leadership and agility among SMEs in the tourism sector.
The study shows that agility positively influences both collaboration and resilience, enhancing overall business performance.
Data from 261 SME entrepreneurs in Bali were analyzed using Structural Equation Modeling to explore these relationships.
Findings highlight that strengthening leadership and fostering collaboration can significantly bolster SME resilience against industry changes.