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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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Citations
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Strategic Management of Entrepreneurial Firms during Recession

TL;DR: Peltonen et al. as mentioned in this paper examined the strategic management of entrepreneurial firms during recession by examining performance outcomes of within recession strategies, the factors that drive strategy adoption during recession, and the strategic alternatives that are available to decision-makers.

Small Retail Business Owner Strategies Needed to Succeed Beyond 5 Years

TL;DR: Soleris et al. as mentioned in this paper presented strategies needed to succeed beyond 5 years by small retail business owner strategies needed for success beyond five years by Colonel Jaime Solis MBA, Bristol, University, 1993 BSBA, Saint Joseph College, 1990 Doctoral Study Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Business Administration
Journal ArticleDOI

Mentoring and Organizational Performance: A Review of Effects of Mentoring on Small and Medium Enterprises

TL;DR: In this article, a review of the literature of mentoring and the components of the mentoring has been conducted and the results depict that mentoring had a positive impact on business performance and also implicate significant decision-making suggestions for SMEs that improved business performance can be achieved by enabling efficient mentoring programs.
Book ChapterDOI

The Effects of Entrepreneurial Orientation in a Digital and International Setting

TL;DR: In this paper, the authors investigated how entrepreneurial orientation affects a small firm's proclivity to both digitization and internationalization and their performance that comes from it and found that entrepreneurial orientation is significantly associated with an SME's degree of digitization as well as with its overall performance.
Journal ArticleDOI

Formalized business networks in SMEs and structural relations for their governance

TL;DR: In this paper, the authors explore how networked companies collaborate depending on the different systems of internal relationships adopted and explore the variables that determine the structural mix of networking relationships within a network.
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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