Journal ArticleDOI
Disaggregating entrepreneurial orientation: the non-linear impact of innovativeness, proactiveness and risk-taking on SME performance
TLDR
In this article, a sample consisting of 1,668 small-to-medium sized enterprises (SMEs) in nine countries across 13 different industries was used to provide a finer-grained analysis of the EO-performance relationship.Abstract:
Previous studies have generally established a positive relationship between aggregated measures of entrepreneurial orientation (EO) and firm performance. However, there are theoretical reasons suggesting that three dimensions of EO (innovativeness, proactiveness, and risk-taking) may possess differential relationships with performance in smaller firms. This study utilizes a sample consisting of 1,668 small-to-medium sized enterprises (SMEs) in nine countries across 13 different industries to provide a finer-grained analysis of the EO-performance relationship. Specifically, we theorize and test a non-monotonic influence of innovativeness, proactiveness, and risk-taking on SME performance. Innovativeness and proactiveness displayed predominantly positive U-shaped relationships with SME performance. Risk-taking, however, displayed a predominantly negative U-shaped relationship with SME performance. Further, individualism was found to positively moderate the relationships between innovativeness-performance and proactiveness-performance. Taken together, these results suggest that differential relationships exist between three dimensions of EO and SME performance, with important theoretical implications for future EO research.read more
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Corporate entrepreneurship strategy: extending the integrative framework through the lens of complexity science
TL;DR: In this paper, Ireland et al. present a broad, overarching theory, complexity science, to examine the key elements and propositions of the integrative model of corporate entrepreneurship, which is built upon the three foundational elements of an entrepreneurial strategic vision, a pro-entrepreneurship organizational architecture, and entrepreneurial processes and behaviors as exhibited throughout the organization.
Journal ArticleDOI
Medium term effects of culture, transactions and institutions on opportunity entrepreneurship
TL;DR: In this paper, the authors explore the roles of cultural, transaction and institution characteristics in the determination of opportunity entrepreneurship, at the medium-term, and conclude that the cultural traits both positively and negatively affect opportunity entrepreneurship depending on the particular traits combination.
Journal ArticleDOI
What about the employees in entrepreneurial firms? A multi-level analysis of the relationship between entrepreneurial orientation, role ambiguity, and social support
TL;DR: In this paper, a multi-level analysis of entrepreneurial orientation has been conducted to examine how EO affects employees, using a multilevel analysis of the EO outcomes at the level of the firm.
References
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Leona S. Aiken,Stephen G. West +1 more
TL;DR: In this article, the effects of predictor scaling on the coefficients of regression equations are investigated. But, they focus mainly on the effect of predictors scaling on coefficients of regressions.
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TL;DR: In Risk, Uncertainty and Profit, Frank Knight explored the riddle of profitability in a competitive market profit should not be possible under competitive conditions, as the entry of new entrepreneurs would drive prices down and nullify margins, however evidence abounds of competitive yet profitable markets as mentioned in this paper.
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