Published Paper Details:

Purpose: This research study aims to examine the relationship between the entrepreneurial characteristics and financial performance of small and medium scale enterprises, also to find out the influence of entrepreneurial characteristics have on the financial performance of the small and medium scale enterprises in Pune, India. Method: Data was collected through the random sampling method and the questionnaire was designed in five point ordinal scale precisely Likert scale. In total 254 entrepreneurs were administered with the questionnaire and data collected from 210 respondents were complete and useful for the research process. All the respondents are entrepreneurs from the industrial city Pune. Statistical Analysis: Descriptive Statistics were used for Frequency Distribution, Mean, Standard Deviation; Cronbach Alpha for Reliability Test, Variance Inflation Factor (VIF) for Multicollinearity, Karl Pearson Correlation Coefficient, Two-Tailed -T-Test, F-Test, ANOVA, and Multiple Regression Analysis. And all the data was processed through IBM SPSS 23. Findings: The study results showed that entrepreneurial characteristics have a significant and positive influence on the financial performance of small and medium scale enterprises located in the Pune, India. The most influential independent variable on the financial performance is risk-taking propensity followed by innovativeness, need for achievement, self-confidence, and locus of control.