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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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Journal ArticleDOI

Exploratory Factor Analysis of Risk Intelligence Factors in Nigerian Small and Medium Enterprises

TL;DR: In this article , an exploratory factor analysis (EFA) is used to validate the risk intelligence construct within small and medium enterprises (SMEs) in Nigeria, and the authors adopted a cross-sectional research approach using quantitative data obtained through a structured survey from 370 SMEs across Nigeria's six geopolitical regions.
Journal ArticleDOI

Critical Factors Influencing Firms' Risk-Taking Behaviour: Ceo Characteristics and the Moderating Role of the Audit Committee

TL;DR: In this article , the authors explored the effects of chief executive characteristics on managerial risk-taking behavior and the moderating impact of Audit Committee ownership and ethnicity in this relationship, and found that AC ownership has a significant positive moderating effect on the relationship between CEO age, tenure, gender and risk taking.
Peer Review

Croatia THE INTER-RELATIONS BETWEEN ENTREPRENEURIAL ORIENTATION COMPONENTS AND THEIR IMPACT ON THE PERFORMANCE OF CROATIAN SMALL AND MEDIUM

TL;DR: In this article , the authors used a configurational approach to investigate the effect of individual roles of each of entrepreneurial orientation's dimensions and their interactions on small firm performance using survey data from 202 Croatian small and medium-sized firms.
Journal ArticleDOI

The effect of corporate social responsibility on open innovation: the moderating role of firm proactiveness

TL;DR: Wang et al. as discussed by the authors investigated the effects of business and philanthropic corporate social responsibility (CSR) on open innovation and the moderating role of firm proactiveness in such relationships.
Book ChapterDOI

Career Re-Invention Through Entrepreneurial Mindset and Entrepreneurial Orientation in the Post-Pandemic Era

TL;DR: In this article , the authors explored how career re-invention is leveraged for saving jobs and ensuring business continuity in readiness for the post-pandemic era, where employees exploited entrepreneurial mindset (EM) as a resilience strategy to save current jobs and create new jobs, while employers adopted the entrepreneurial orientation (EO) to keep their businesses afloat and meet their bottom-line.
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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