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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Where to from here? : EO-as-experimentation, failure, and distribution of outcomes
Johan Wiklund,Dean A. Shepherd +1 more
TL;DR: Two potential causal mechanisms underlying the observed entrepreneurial orientation (EO)–performance relationship are examined and empirical support is found for the notion that EO might be a performance–variance–enhancing strategic orientation rather than a performance-mean-enhancing orientation.
Journal ArticleDOI
Entrepreneurial Orientation and International Scope: The Differential Roles of Innovativeness, Proactiveness, and Risk-Taking
TL;DR: In this paper, the authors integrate the international business and entrepreneurship literatures by examining the independent influences of innovativeness, proactiveness, and risk-taking on the ability of a firm to broaden its scope across international markets.
Journal ArticleDOI
Entrepreneurial orientation and SME performance across societal cultures: An international study
TL;DR: In this paper, the authors propose and test a contingency framework to evaluate the relationship between entrepreneurial orientation and performance in seven national contexts, using a data set of 1248 SMEs from seven different national contexts.
Journal ArticleDOI
Knowledge Management Capabilities and Organizational Risk-Taking for Business Model Innovation in SMEs
TL;DR: In this article, the authors examined the impact of knowledge management capabilities on business model innovation and how these effects are moderated by a firm's risk-taking tolerance, and found that knowledge management is only effective for firms with a low risk taking tolerance.
Journal ArticleDOI
Entrepreneurial Orientation: The Dimensions’ Shared Effects in Explaining Firm Performance:
TL;DR: This article shed new light on the structure of the relationship between entrepreneurial orientation (EO) and firm performance and how this relationship varies across contexts using commonality analysis, and they found that entrepreneurial orientation is correlated with firm performance.
References
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Decoupling risk taking from income stream uncertainty: a holistic model of risk
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The Influence of National Culture on the Formation of Technology Alliances by Entrepreneurial Firms
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Journal ArticleDOI
Does country matter
TL;DR: This article examined the extent to which country effects explain the variation in the performance of foreign affiliates and found that country effects are as strong as industry effects, following affiliate effects and corporate effects, while corporate and affiliate effects tend to be more critical in explaining the variation of foreign affiliate performance in developed countries, whereas country and industry effects are more salient in developing countries.
Journal ArticleDOI
Cultural Influences on Entrepreneurial Orientation: The Impact of National Culture on Risk Taking and Proactiveness in SMEs
TL;DR: In this article, the authors assess the impact of national culture and certain institutions on two key dimensions of a country's economic development: economic growth and social cohesion, using data from 1,048 firms in six countries.
Journal ArticleDOI
How Do Entrepreneurs Organize Firms Under Conditions of Uncertainty
Sharon Alvarez,Jay B. Barney +1 more
TL;DR: In this article, the authors describe how entrepreneurs in these settings organize a firm to solve their resource coordination and profit appropriation problems, and their implications for research in entrepreneurship and other fields are discussed.
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