This article examines the link between training and (perceived) actual/intended performance of small and medium-sized enterprises (SMEs) in the UK. We use the UK’s 2015 Small Business Survey containing large-scale data from more than 15,000 owner-managers of SMEs. Using the ordered probit analysis to test our hypothesis, we find that there is a positive and significant relationship between training and SMEs’ performance. When differentiating between training according to its type, we find that on-the-job and off-the-job training are positively and significantly related to performance; however, when these types of training are received simultaneously, the combined association becomes stronger than their individual effects.
Bibliographical noteThis is an Accepted Manuscript of an article published by Taylor & Francis Group in Journal of Small Business Management on 19 Oct 2020, available online at: http://www.tandfonline.com/10.1080/00472778.2020.1816431.
- intended performance
- off-the-job training
- on-the-job training
- perceived actual performance