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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Journal ArticleDOI
Institutional Theory and Entrepreneurship: Where Are We Now and Where Do We Need to Move in the Future?:
TL;DR: A review of the existing entrepreneurship literature that employs institutional theory to understand the current status of the field, its current shortcomings, and where we need to move in the future can be found in this article.
Journal ArticleDOI
Exploratory Learning, Innovative Capacity, and Managerial Oversight
TL;DR: In a study of 56 new business development projects, given high levels of exploration, organizational learning was more effective when the projects operated with autonomy with respect to goals and supervision.
Book
Strategic Orientation of Businss [sic] Enterprises: The Construct, Dimensionality, and Measurement
TL;DR: An evaluation of the measurement properties within an analysis of covariance structures framework indicated that the operational measures developed here largely satisfy the criteria for unidimensionality, convergent, discriminant, and predictive validity.
Journal ArticleDOI
Strategic Process Effects on the Entrepreneurial Orientation–Sales Growth Rate Relationship
TL;DR: The authors examined the effects of three strategic process variables (strategic decision-making participativeness, strategy formation mode, and strategic learning from failure) on the entrepreneur's success and failure.
Journal ArticleDOI
With or Without U? The Appropriate Test for a U-Shaped Relationship*
Jo Thori Lind,Halvor Mehlum +1 more
TL;DR: In this paper, the authors show that the usual test of nonlinear relationships is flawed and derive the appropriate test for a U-shaped relationship, and give exact necessary and sufficient conditions for the test of a U shape in finite samples in a large class of models.
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