Impact Of Entrepreneurial Orientation Research Articles

The Impact of Entrepreneurial Orientation, Reconfiguring Capability and Moderation of Environmental Turbulence on Export Performance of SMEs in Nigeria

Entrepreneurial orientation encapsulate the firm –level process, practice and strategic orientation while dynamic capabilities view of firm consists of the structure routine and processes that constitute its ability to reconfigure its asset base to match the requirement of the changing environment. The aim of this research emanated from the fact that only few studies examined how entrepreneurial strategic orientation and reconfiguring capability impact on export performance of SMEs in turbulent environment. In order to fill this vacuum, this study delineated relationship among these constructs and employed PLS-SEM on data collected from 201 exporting SMEs in Nigeria. The findings of the study suggest that entrepreneurial orientation, reconfiguring capability, and environmental turbulent significantly related to export performance. Environmental turbulence moderates the relationship between entrepreneurial orientation, reconfiguring capability and export performance. This suggests that SMEs could benefit from reconfiguring and renewal of their asset base and act in response to opportunities and threat to realize first order transformation in growth and export performance. Besides, this study also provides research conclusion to the appropriateness of entrepreneurial orientation and reconfiguring capability when there is environmental turbulence and their lack of effectiveness when there is stability.

The impact of entrepreneurial orientation on B2B branding and business growth in emerging markets

This study examines the relation between entrepreneurial orientation and brand orientation in industrial small and medium-sized enterprises (SMEs) and the extent to which the two contribute to business growth in emerging markets. The authors develop and empirically test a structural model using data collected from Hungary, a country that has undergone a political and economic transition during the past two decades since the fall of the iron curtain. The results show that entrepreneurial orientation has a positive effect on business growth in emerging markets, whereas brand orientation has an adverse effect. Furthermore, the study examines whether there are differences (1) between B2B firms and B2C firms operating in emerging markets and (2) between B2B firms operating in emerging markets (Hungary) and in developed markets (Finland). The results from comparative analyses suggest that while B2B firms and B2C firms do not differ significantly from each other, there are notable differences between emerging markets and developed markets. Specifically, the study finds that although brand orientation does not contribute to business growth in Hungarian B2B firms, it has a positive effect on growth in B2B firms operating in Finland.

Impact of Entrepreneurial Orientation on University Performance and Regional Economic Development

Impact of Entrepreneurial Orientation on University Performance and Regional Economic Development

Organizational Sustainability Determinants in Different Cultural Settings: A Conceptual Framework

This paper provides a conceptual framework to demonstrate antecedents to the levels of sustainability initiative undertaken by firms. Taking insights from institutional theory, it is proposed that the relationship between the sustainability determinants and the level of sustainability initiatives is mediated by of coercive, mimetic, and normative isomorphic pressures. Moreover, it is also proposed that culture plays a significant role in moderating the relationship between the extent to which the various types of isomorphic pressures on firms may influence the levels of firms’ sustainability initiatives. Furthermore, the impact of entrepreneurial orientation as a driver to strengthen the effects of sustainability determinants on organizational sustainability initiatives is also explored. The implications of the framework are discussed in the light of encouraging sustainability initiatives in various cultural settings as well as undertaking future research to enhance the framework, and the applicability thereof.

Entrepreneurial Orientation and Performance of Chinese High-Tech Firms: The Mediating Role of Organizational Learning and Moderating Role of Firm Life Cycle

The evidence about how entrepreneurial orientation (EO) affects firms’ performance remains inconclusive. This study joins the research by incorporating organizational learning (OL) as a micro-macro link and by extending empirical work to the largely underexplored context of Chinese high-tech industries. Results from a survey of 252 Chinese high-tech firms demonstrate: (1) entrepreneurial orientation is positively related to firm performance; (2) organizational learning is also positively related to firm performance; (3) organizational learning partly mediates the positive impact of entrepreneurial orientation on firm performance; and (4) high-tech companies in the start-up and growth stage are likely to demonstrate stronger linkages in the EO–OL–performance relationship than in mature stage, which shows that the EO–OL–performance relationship is moderated by firms’ life cycle.

The Effects of Entrepreneurial Orientation on Business Performance

Entrepreneurship scholars have attempted to explain performance by investigating the relationship between entrepreneurial orientation and firm performance. Therefore, the study will look at how entrepreneurial orientation impact on business performance. Questionnaire was used to collect data from 500 SMMEs owners. The findings from the survey among 500 SMME owners were modelled through a categorical regression model with business performance as dependent variable. The level of significance of the eight variables out of twelve variables suggests that entrepreneurial orientation be classified as the strongest predictor of business performance. The ability to adjust one’s business model to adapt to changed economic circumstances is an important thing as it dictates performance in increasingly competitive economic environment. DOI: 10.5901/mjss.2014.v5n16p141

Positivity and Intrapreneurship: Positive Orientation and its Relation to Entrepreneurial Orientation and Performance

There is some evidence that positivity at organizational level is related to intrapreneurship. Based on extensive literature review we hypothesize that intrapreneurship and organizational positivity are related to each other and both play a role in achieving high organizational performance. Therefore, we ask a central research questions: Are positive organizations entrepreneurial? What matters more in achieving high performance: corporate entrepreneurship or positivity? The results confirm the existence of five dimensions of positive orientation. Moreover, they show weak relationships between positive orientation and intrapreneurship, high impact of positive orientation on firm’s performance and weak impact of entrepreneurial orientation on firm’s performance.

The Impact of Entrepreneurial Orientation on the Performance and Speed of Internationalization

Entrepreneurial orientation has emerged as a major construct in entrepreneurship literature. However, existing definitions of entrepreneurial orientation mainly focus on explorative behavior like innovativeness, proactiveness and risk-taking. Based on the long tradition of research on entrepreneurial functions, we argue that exploitative activities are no less an entrepreneurial endeavor than explorative activities. Following this understanding, we elaborate a broader conceptualization of the entrepreneurial orientation construct. In an empirical study with 346 established companies, we explore its effect on the performance of internationalization. Entrepreneurial orientation in its broader conceptualization positively influences the international performance and the effect is by far stronger than the one observed in existing studies. The reason for this is that both explorative and exploitative dimensions matter and equally drive the international performance. Entrepreneurial orientation positively influences the growth of the international activities as well. However, its effect is much lower. Whereas the explorative dimensions tend to foster the international growth, the exploitative dimensions do not show any effect.

A research note on the effect of entrepreneurial orientation on small retailer performance: a resource-advantage perspective

Using Hunt and Morgan’s (Journal of Marketing, 59, 1–15, 1995, Journal of Marketing, 60(4), 107–114, 1996) Resource-Advantage Theory, this study examined the relationship between firm resources (e.g. financial, physical, human, organisational, informational, and relational resources) and levels of performance in small, independent retailers; and whether performance was moderated by retailers’ perception of the level of environmental hostility, as well as by their entrepreneurial orientation. Surveys were mailed to small, independent retailers throughout Tasmania, Australia. It was expected that retailers’ use of resources would predict performance. Expectations were partially supported; responses (N = 384) showed that the resources related to performance were access to financial capital, and human and organisational resources. Environmental hostility and entrepreneurial orientation did not moderate this relationship. However, the impact of entrepreneurial orientation on performance was moderated by environmental hostility.

Product innovation of private health insurers in South Africa and the impact of entrepreneurial orientation

Recognising that health insurer product innovation plays a critical role in aligning incentives among all stakeholders in the healthcare value chain, this study investigates the relationship between the level of health insurer product innovation and entrepreneurial orientation (EO). Taking cognisance of the importance of external collaboration between health insurers and healthcare service providers, the study is able to diagnose perceptions of strategic regulatory factors and their impact on levels of EO. The focus of the study is on the demand (financing) and supply (healthcare delivery) structures of the healthcare value chain, incorporating health insurers, health insurer administrators and healthcare service providers. A conceptual model is formulated on the basis of literature and tested using confirmatory factor analysis. The results indicate that EO at organisational level is a strong predictor of health insurer product innovation and that external collaboration between health insurers and healthcare service providers is a weak predictor of health insurer product innovation. Practical implications are that both the supply and demand side structures indicate that the restructuring of relationships between health insurers and healthcare service providers is a necessary driver for collaboration in terms of health insurer product innovation progress and success. Healthcare executives need to work with, and actively lobby regulators to ignite both demand and supply side innovation activities in the healthcare value chain of the private healthcare industry of South Africa.

Entrepreneurial Orientation, Environmental Hostility and SMEs Profitability: A Contingency Approach

This study investigates the effect of the entrepreneurial orientation (EO) on SME financial performance. The essay also proposes a contingency model to explore the moderating effects of environmental hostility on the relationship between EO and profitability. The study was conducted using a sample of 121 manufacturing SMEs in Spain. Results confirm the positive influence of EO on a firm’s profitability. More importantly, the impact of EO on SME profitability is higher when there is a fit between EO and the external environment.

Perspectives of Entrepreneurial Orientation with the Quality of Life

The characteristics of entrepreneurial orientation is played important role in business. How do an entrepreneurial firms and individuals have taken the advantage in industry? This study explores the dynamic capabilities of the organization according to international performance. Our findings indicates the positive impact on dynamic capabilities of the business with perfectly use of this research framework. The main aspect of this paper is to analyse the impact of entrepreneurial orientation with the quality of life. Distinctive features of entrepreneurs and their contribution to the economy can make it possible for third world countries to grow their economies faster and provide financial means to enhance social, health, and environmental well-being (basic dimensions of quality of life), along with products and services that the poor need in these countries. Entrepreneurial orientation combined with organization learning and Quality of life (QOL) are enhanced the dynamic capability of the organization. Present conceptual research will provide the source of competitive advantage and mainstream line for further development of the business .We suggest that existing literature reconfiguring the different approaches for the entrepreneurial to capture the opportunities in world business. First, quality of life cannot possibly improve in inactive or weakening economic conditions; second, economic development in the third world countries cannot advance in a balanced and desirable manner without a major domestic entrepreneurship movement (Samli 2004, 2008a).

Impact of Entrepreneurial Orientation, Entrepreneurial Management and Environmental Dynamism on Firm’s Financial Performance

Entrepreneurial Orientation (EO) involves business mindset and behavior. The firm and industry context of entrepreneurship has always fascinated researchers for inquiry. The main aim of this study is to establish an association of factors such as EO characteristics (innovativeness and risk-taking), Entrepreneurial Management (EM), and Environmental Dynamism (ED) with firm’s financial performance. The objective also includes examining the moderating impact of EM and ED respectively on the link between EO characteristics and firm performance. This investigation covered small-to-medium enterprises (SMEs) in Pakistan from the cities of Islamabad and Lahore, and constituted a diverse sample of entrepreneurs from various sectors. Results reveal direct positive, individual relationships of innovativeness, risk-taking, and EM with firm’s financial performance. As far as moderating influence is concerned, EM and ED could not establish any significant interaction between EO characteristics and firm performance. Interestingly, from the contextual landscape of this study, risk-taking and EM have proved to be stronger, more consistent and stable predictors of performance compared with innovativeness. The EO dimension of innovativeness exhibits dual results of either strong or very weak predictor to performance, hence implying vulnerability. In fact, running full regression, the impact of innovativeness on performance gets diminished in the presence of risk-taking and EM. The investigation also reveals that when controlling for ED the analytical framework shows a slightly better degree of association between predictor and criterion variables. Under the context of this study it, therefore, concludes that SME managers should rely more on risk-taking dimension of EO compared with innovativeness especially in executing entrepreneurial management (EM) approaches.

Impact of Entrepreneurial Orientation: Longitudinal Analysis of Small Technology Firms in Japan.

The article presents the results of a longitudinal study of entrepreneurial orientation (EO) in small Japanese technology companies. A literature review of related previous research is provided, al...

The impact of entrepreneurial orientation on firm performance: the role of CEO position tenure and industry tenure

The relationship between Entrepreneurial Orientation (EO) and firm performance, despite generating significant scholarly interest, has remained mixed. These results may be attributed, at least in part, to the failure to sufficiently examine the potential impact of top management characteristics. The present study investigates how CEO characteristics (i.e. CEO industry and position tenure), impact the relationship between EO and firm performance within a sample of 579 US banks. As predicted, some support for a positive EO to performance relationship was found. In addition, the results strongly support, as posited, that CEO industry tenure positively moderates, and CEO position tenure negatively moderates, the EO to performance relationship. We also report evidence supporting the effect of EO, configured with CEO position tenure and industry tenure on firm performance. Our study suggests the EO–performance relationship is more complex than previous studies indicate. Implications for future research and practice are provided.

The impact of entrepreneurial orientation and managerial resources on corporate venture outcomes

This study explores the impact of a firm's Entrepreneurial Orientation (EO) and its managerial resources on Internal Corporate Venture (ICV) outcomes. The findings, based on a sample of 155 UK company directors, indicate that the autonomous behaviour and risk-taking of EO are significant determinants of ICV outcome while proactiveness and innovativeness are not. The direct and indirect (mediated through EO) impact of two dimensions of managerial resources, i.e., functional skills and managerial capabilities, on ICV outcome is significant. The results suggest that managerial capabilities will have a more positive impact on corporate venture outcomes than the firm's entrepreneurial culture.

The Impact of Entrepreneurial Orientation and Resource-Based View on Growth of Small Firms

This research provides a useful framework for identifying a small firms' propensity to engage in entrepreneurial orientation. We examine the impact of the Entrepreneurial Orientation (EO) as a main resource and capability on small firm' growth.Growth seems to come out as an important demonstration of the entrepreneurial orientation of small firms (Davidsson, 1989; Green and Brown, 1997; Janney and Gregory, 2006). Thus, this research builds on prior conceptual research that suggests a positive integration between entrepreneurial orientation and resource-based view.In the first instance, the research will focus on reviewing literature in the emerging area of entrepreneurial orientation as it applies to growth oriented small firms and resource-based view of the firm. Secondly, an empirical study was developed based on a stratified sample of small firms of manufacturing industry. Data were submitted to a multivariate statistical analysis and a linear regression model was performed in order to predict the influence of the resources and capabilities on small firms' growth. In this sense, we consider the construct growth as a dependent variable and the ones relates with resources and capabilities (entrepreneur resources, firm resources, networks and EO) as independent variables.The research results suggest a set of resources and capabilities that promote the growth of the small firms. Also, the EO seems to have a predictive value on growth. Explaining variables related with resources and capabilities and EO were identified as essential in growth oriented small firms. It was still possible to conclude that the entrepreneurial firms which grew seem to have resources and develop more capabilities and take advantage in the search for those competences. This attitude reflects on the EO of the firm.This study has important implication for both researchers and practitioners. It highlights the necessity of firms to develop superior EO of all their members and also to invest on better resources and consequently superior capabilities as a way of reaching higher levels of growth.While previous authors have attempted to analyse certain aspects of this process (linkage between entrepreneurial orientation and growth), this research developed a framework that combines these and others factors (resource-based view) pertinent to growth oriented small firms. The results support the necessity to identify explicative variables of multiple levels to explain the growth of small firms. The adoption of an entrepreneurial orientation as an indispensable variable to the growth oriented small firms seems pertinent.