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 ArticleDOI
Should Fast-Food Franchisees Pursue Entrepreneurial Orientation?
TL;DR: In this paper, the authors investigate a less explored context of franchising where business systems and procedures are usually dictated to franchisees by franchisors, and evaluate the impact of different dimensions of EO on franchisees' performance.
Journal ArticleDOI
The perils of acting rashly: Risk-taking propensity impeding emotion-based learning in entrepreneurs
Book ChapterDOI
The Future of Entrepreneurial Orientation (EO) Research
TL;DR: In this article, the authors synthesize works contained within the volume and paint a picture of where entrepreneurial orientation research stands today and where it is likely heading in the future, from the necessity for better theorizing and measurement to new directions and context.
Journal ArticleDOI
The Contingency Approach of Digitalization and Entrepreneurial Orientation on Smes Performance in Metal and Machinery Industry
TL;DR: In this article , the authors explored the interplay of digitalization and entrepreneurial orientation in the internationalization process and developed insights that explain how SMEs in Slawi district in the metal and machinery industry can use the tactics and strategies associated with EO to achieve superior performance in the digitalization age.
Journal ArticleDOI
Do Organizational Culture Attributes Matter? For Small to Medium Sized Enterprises It Enhances or Acts in Place of Entrepreneurial Orientation
TL;DR: In this article, the authors conducted an inquiry into the effects of both entrepreneurial orientation and cultural attributes on small firms by surveying 220 individuals working in small firms in a variety of capacities and confirmed that EO does play a role; however organizational learning has significant explanatory power as to why firms innovate even when EO is absent and combined with cultural attributes of play and empowerment increase the predictive power of small firm innovation.
References
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Book
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
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.
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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.
Related Papers (5)
Clarifying the Entrepreneurial Orientation Construct and Linking It To Performance
G. T. Lumpkin,Gregory G. Dess +1 more