Entrepreneurial Efficiency and Profitability ‐A Comparative Study with Public and Private Sector Manufacturing Firms in Kerala.

Abstract

The principal aim of this paper is to study the entrepreneurial efficiency in terms of profitability between public and private sectors ISO Certified Large-Scale manufacturing firms in Kerala. Data for this study was collected using a Pre-tested questionnaire that was distributed to 60 ISO certified Large-Scale manufacturing firms (24 from public sector and 36 from private sector) in Kerala selected by purposive sampling method under non-random sampling technique from the database of Kerala State Industrial Development Council, Trivandrum. Two Top level managers (GM/MD/CEO’s, DGM etc.) from each firm were the respondent of the survey. 120 top level managers are selected for the study from both sectors (48 from public sector and 72 from private sector). Mean scores and independent t test were used to analyze the collected data with the help of SPSS Software version 16.0. The study reveals that there is no significant difference in the entrepreneurial efficiency in terms of profitability between publ ic and private sectors ISO Certified Large-Scale manufacturing firms in Kerala. It means the efforts taken the entrepreneurs of these two categories of organizations are same in terms of profitability. This paper presents new data and empirical insights into the entrepreneurial efficiency in terms of profitability in ISO certified Large-Scale manufacturing firm in Kerala.

Keywords

Entrepreneurial efficiency, Profitability, ISO certification.

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