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
Citations
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Journal Article
Entrepreneurial Orientation as the Determinant of Entrepreneurial Marketing Behaviors
TL;DR: In this article, the authors investigated the relationship between EO and entrepreneurial marketing behaviors and found that EO acts as a multidimensional construct when affecting entrepreneurial marketing behaviours, with innovativeness having the strongest impact.
Book ChapterDOI
Entrepreneurship and Innovation: Evidence in Colombian SMEs
Julia C. Naranjo-Valencia,Gregorio Calderón-Hernández,Daniel Jiménez-Jiménez,Raquel Sanz-Valle +3 more
TL;DR: In this paper, the authors study the relationship between entrepreneurship and innovation in the context of a sample of SMEs through a linear regression analysis and find that to the extent that there is greater innovation, proactivity, and risk orientation, the better the results of innovation.
Journal ArticleDOI
Cultural Corridors: An Analysis of Persistence in Impacts on Local Development — A Neo-Weberian Perspective on South-East Europe
Annie Tubadji,Peter Nijkamp +1 more
TL;DR: In this paper, the authors examined the impact of cultural corridors on welfare and employment at the local or regional level, accounting for gross value added and sectoral specialization, by considering the distance to a cultural corridor.
Journal ArticleDOI
International Entrepreneurial Orientation and Performance of Romanian Small and Medium-sized firms: Empirical Assessment of Direct and Environment Moderated Relations
TL;DR: In this article, the authors identify the role entrepreneurial orientation can play in the creation of international performance in the case of Romanian small and medium-sized firms and analyze potential relations between international entrepreneurial orientation and firm performance.
References
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Multiple Regression: Testing and Interpreting Interactions
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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Culture′s Consequences: International Differences in Work-Related Values
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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.
Related Papers (5)
Clarifying the Entrepreneurial Orientation Construct and Linking It To Performance
G. T. Lumpkin,Gregory G. Dess +1 more