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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.

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Journal ArticleDOI

Customer functional value creation through a sustainable entrepreneurial orientation approach

TL;DR: In this paper, a theoretical model to empirically test firms' behavior regarding sustainable entrepreneurship is proposed to evaluate the sustainability of sustainable entrepreneurship, enhancing what researchers have recently proposed at a solely conceptual level.
Book ChapterDOI

A future of entrepreneurship research: Domain, data, theory, and impact

Per Davidsson
TL;DR: In this article, the authors offer some "business school researcher" observations and speculations about current and possible future developments in the field of entrepreneurship research, including the delineation of the "entrepreneurship research" field and community; data and data sources; the quest for increased theoretical precision, and demands for practical relevance and real-world impact.
Journal ArticleDOI

Local innovation ecosystem: structure and impact on adaptive capacity of firms

TL;DR: In this paper, the authors focus on the local innovation ecosystem in Hauts-de-France region (France) and analyse how the ecosystems affect firm's adaptive capacity, showing these local inn...
Journal ArticleDOI

Risk-taking for entrepreneurial new entry: risk-taking dimensions and contingencies

TL;DR: In this paper, the authors unpack risk-taking into two dimensions: sensing risk taking that manifests in a firm's activities to identify and/or create new opportunities and seizing risk-taking that reflects activities of development and commercialisation to address identified opportunities.
Journal ArticleDOI

Artificial Intelligence and Reduced SMEs’ Business Risks. A Dynamic Capabilities Analysis During the COVID-19 Pandemic

TL;DR: In this paper , the authors used the International Labor Organization's SMEs COVID-19 pandemic business risks scale to determine whether Artificial Intelligence (AI) applications are associated with reduced business risks for SMEs.
References
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Book

Multiple Regression: Testing and Interpreting Interactions

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.
Book

Culture′s Consequences: International Differences in Work-Related Values

TL;DR: In his book Culture's Consequences, Geert Hofstede proposed four dimensions on which the differences among national cultures can be understood: Individualism, Power Distance, Uncertainty Avoidance and Masculinity as mentioned in this paper.
Book

Applied Linear Statistical Models

TL;DR: Applied Linear Statistical Models 5e as discussed by the authors is the leading authoritative text and reference on statistical modeling, which includes brief introductory and review material, and then proceeds through regression and modeling for the first half, and through ANOVA and Experimental Design in the second half.
Book

Risk, Uncertainty and Profit

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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