An entrepreneurial activity is one of the basic elements in reviving the economic situation in any country that desires to develop and rise. In the long run, any economic progress and success in any country depends on creative methods or entrepreneurial actions and activities. Entrepreneurship is one of the factors that directly or indirectly impact the economy of a nation; it plays an important role in shaping a country's economic landscape. The purpose of this study is to review the literature in the field of entrepreneurial orientation, to clarify to what extent entrepreneurial orientation influences financial performance and non-financial performance of the SMEs in Saudi. The focus of the review on entrepreneurial orientation is owing to its importance as a key variable in SMEs in emerging economies. In addition, entrepreneurial orientation is a key ingredient for organizational success and it leads to higher financial performance. Hence, the paper will clarify the interaction between the entrepreneurial orientation and financial, non financial performance of the firms. Moreover, as the concept of entrepreneurial orientation is important in competitive environment, it will be interesting to clarify the effect of entrepreneurial orientation on the performance of SMEs.
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A 2020 study studied this question.