Abstract

The goal of this article is to explore under what contexts do biotechnology firms exhibit an entrepreneurial orientation? To achieve this goal, we assess entrepreneurial orientation as a configuration and individual dimension across three contexts: organizational structure, location, and age. Analyses of survey data from U.S. biotechnology firms indicate that ownership structure was the only contextual factor to yield differences in biotechnology firms’ entrepreneurial orientation when assessed as a configuration. However, the analysis identified differences at the multidimensional level within all three contexts. Both theoretical and practical implications of our findings are provided.

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