Role Of Entrepreneurial Orientation Research Articles

Open innovation in village-owned enterprises: the role of entrepreneurial orientation in improving financial and social performance

Open innovation in village-owned enterprises: the role of entrepreneurial orientation in improving financial and social performance

What Causes Finnish Family Farmers Feel Successful? The Role of Resources and Entrepreneurial Characteristics

This study investigates the influences of resources and entrepreneurial characteristics on perceived success in familyfarms using the Resource-Based Theory and Entrepreneurial Orientation perspectives. Resources and entrepreneurial orientation are used to identify success perceptions. Confirmatory factor analysis and structural equation modelling were applied to the survey data of 805 Finnish family farmers. Family farmers rate their skills as good, and their abilities of proactiveness and self-realization success as high. The results suggest that both resources and entrepreneurial orientation affect the perceived success of family farmers, although the role of entrepreneurial orientation is relatively small. Co-variability between resources and entrepreneurial orientation is positive, addressingthe change towards the same direction. This study promotes the understanding of the family perspective and its role in the successful use of resources and entrepreneurial capabilities in farming and offers a developed construct for family farm business research.

PREEMPTIVE MARKET EXPLOITABILITY: RESOURCE ADVANTAGE THEORY OF COMPETITION PERSPECTIVE

The current study aims to elucidate the critical importance of preemptive market exploitability as a bridging concept for solving the inconsistent findings on the role of entrepreneurial orientation in enhanced marketing performance. Rooted on the resource advantage theory of competition (RAToC), the preemptive move is postulated as a strategic orientation for reaching a competitive positional advantage in the market when supported by a strong entrepreneurial orientation complemented with a solid quality-based differentiation. A survey method was used to collect data after inviting four hundred owner-managers of small and medium enterprises (SMEs) to participate in this study. The structural equation modelling software AMOS tested our proposed hypotheses. The quantitative analysis resulted in accepting the proposed premises with several significant findings. The most important finding is that companies should invest in preemptive market exploitability as a strategic asset for high marketing performance.

The role of entrepreneurship orientation in forming students' entrepreneurial intention through entrepreneurial education

Entrepreneurship is a global phenomenon because it contributes to economic growth, maintenance of social stability, and reduced unemployment. However, the role of entrepreneurial orientation in Vietnamese universities remains blurred. This study aims to understand the role of university education in shaping the entrepreneurial intention of Vietnamese students through entrepreneurial orientation, perceived desirability, and perceived feasibility. The PLS-SEM technique with SmartPLS 4 software tested the research model and hypotheses. The data set was collected from May 2023 to June 2023 via Google Forms with 411 respondents. The results show that entrepreneurial education has the most decisive impact on perceived desirability, followed by perceived feasibility, and both of these factors have a substantial impact on entrepreneurial orientation and entrepreneurial intention. Based on the results, the research has suggested practical implications that enhance entrepreneurial intention and promote the development of Vietnam's economy.

The Role of Entrepreneurial Orientation and Entrepreneurial Leadership of SMEs in the City of Surakarta, Indonesia

This research analyzes entrepreneurial leadership and orientation's influence on business performance with competence as a mediating variable in Bakery SMEs in Surakarta City. The design of this research is explanatory causality research with a quantitative approach. The number of samples is determined using Slovin and simple random sampling of 189 respondents. The analytical tool used was SPSS description analysis. The study results showed entrepreneurial orientation, leadership, competence, and business performance perceptions. Entrepreneurial orientation in SMEs in Surakarta is empirically reflected by the courage to take risks, innovativeness, economy, and reactivity. The indicator of daring to take risks has the highest contribution value, especially regarding the courageous attitude of business actors to accept risks from the business they are running. Entrepreneurial Leadership in SMEs in Surakarta is empirically reflected by being brave enough to act, sociable, broad-minded, big-hearted, and self-confident. The self-confidence indicator has the highest contribution value, especially regarding the ability of bread SMEs in Surakarta to run a business that never gives up from the various obstacles they face. Knowledge, skills, self-concept, character, and motives empirically reflect competence.

Tourism and hospitality firms’ response to COVID-19: the role of entrepreneurial orientation and managers’ market recovery perception

Tourism and hospitality firms’ response to COVID-19: the role of entrepreneurial orientation and managers’ market recovery perception

Improving Innovation Performance by Means of Open Innovation: The Role of Entrepreneurial Orientation and Information Technology Capability

Prior studies indicate that firms yield varying results while adapting to open innovation (OI). They suggest an optimum OI level using the concepts of external search breadth and depth, whose antecedents’ relationships with innovation performance (IP) have been inadequately examined. This study explores how information technology capability (ITC) and entrepreneurial orientation (EO) influence a firm’s external search strategies and impact its IP. A survey of listed German firms ([Formula: see text]) found no support for a curvilinear relationship between open external search strategies and IP. Moreover, the assumption that ITC positively affects the relationship between external search strategy openness and IP was unsupported, proposing a negative moderating impact of ITC. The study observes that EO has differential moderating and direct effects on external search strategy effectiveness and its collective impact on IP.

Micro-multinational enterprises in Malaysia: the role of entrepreneurial orientation and regulatory institutions

Micro-multinational enterprises in Malaysia: the role of entrepreneurial orientation and regulatory institutions

ICT adoption by mompreneurs during the COVID-19 pandemic: The role of entrepreneurial orientation

Information and Communication Technologies (ICTs) can benefit mompreneurs, empowering them to start and expand their business. ICTs became even more important for mompreneurs during the COVID-19 pandemic when small business owners had to reinvent themselves and seek alternative ways of maintaining their sales and remaining in the market. In this context, this paper aims to investigate factors related to ICT adoption by Brazilian mompreneurs. The data were collected during the first months of COVID-19 pandemic and were analyzed through structural equation modelling. The descriptive analysis shows that mompreneurs are adopting innovative technologies such as electronic payments, cloud computing, social networks, video conferencing, and others to manage their business. Moreover, the results indicate that two dimensions of Entrepreneurial Orientation (proactiveness and risk-taking) have a significant effect on perceived ease-of-use and an indirect effect on ICT adoption.

The power of posture: organizational reputation following product failures and the role of entrepreneurial orientation

ABSTRACT Purpose The purpose of this research is to conceptually study the extent to which an entrepreneurial strategic posture intensifies or restrains the influence of a reputation-damaging event, namely, a product failure, on the subsequent Organizational Reputation. Much of the literature agrees on the idea that firms exhibiting an entrepreneurial behavior largely outperform more conservative firms, but the current research acknowledges a setting in which signaling a certain subdimension of entrepreneurial orientation can reduce or enhance the negative consequences of a product failure. Findings The current research offers propositions arguing that signals of an entrepreneurial orientation high in proactiveness, risk-taking, and innovativeness are likely to reduce the negative consumer-perceived Organizational Reputation resulting from a product failure, while signals high in competitive aggressiveness and autonomy are likely to trigger more severe negative perceptions of firm reputation. Research Limitations This research is limited by its focus on a specific setting, reputation-damaging events, and its focus on merely one strategic posture, entrepreneurial orientation. Another limitation is the lack of current empirical research to test our propositions. Contributions Integrating attribution and signaling theories contributes to the entrepreneurial orientation literature by recognizing a setting in which this type of strategic posture may prove to be detrimental to the firm.

The Impact of Korean CEOs’ Political Orientation on Organizational Capacit : The Role of Entrepreneurial Orientation

The Impact of Korean CEOs’ Political Orientation on Organizational Capacit : The Role of Entrepreneurial Orientation

Moderating Influence of Entrepreneurial Orientation on Value Creation and Organizational Resilience in Nigeria Domestic Airlines Operators

The study examined moderating influence of entrepreneurial orientation on value creation and organizational resilience in Nigeria’s domestic airlines operators. Specifically, the study investigated the relationship between value creation and organizational resilience of Nigeria’s domestic airline operators and the role of entrepreneurial orientation as a moderating variable on value creation and organizational resilience of Nigeria’s domestic airline operators. Value creation was un-dimensioned while organizational resilience was measured in terms of organizational adaptability and organizational ability. Data were collected using a structured questionnaire with a 5-point likert-scale. 70 copies of the questionnaires were distributed to each of the 14 Nigeria domestic airline operators, 54 copies were retrieved and valid copies 46. A sample size of 70 respondents consisting of business airline managers, marketing managers, operational managers, supervisors and desk officers from each of the 14 Nigeria domestic airline operators. Data were analysed using descriptive and inferential statistic. Pearson product moment correlation served as the test statistic. At the secondary level, univariate analysis was used to respond to research questions and partial correlation was used to test the moderating influence of entrepreneurial orientation on value creation and organizational resilience. The multiple regressions were used to evaluate the combined impacts of all the predictors on criterion variables. All statistical analyses were performed relying on SPSS 22.0. The study revealed that there is a positive and significant relationship between value creation and organizational resilience of Nigeria’s domestic airlines operators. Similarly, entrepreneurial orientation significantly moderates the relationship between value creation and organizational resilience. The study concludes that value creation relates with organizational resilience of Nigeria’s dom

Examining the Impact of Entrepreneurial Orientation on New Venture Performance in the Emerging Economy of Lebanon: A Moderated Mediation Analysis

Despite scholarly debates on the role of entrepreneurial orientation, its effect on new venture performance remains largely understudied, particularly in the context of emerging economies. Determining this association is crucial and has an important implication for scholars and managers of SMEs to increase performance. Therefore, using the resource-based view and upper-echelon theories, this study examines this link by considering the mediating role of opportunity exploitation and the moderating role of transformational leadership in the case of an emerging market in Lebanon. The resource-based view theory discusses the importance of intangible and tangible resources in obtaining a sustainable competitive edge. The upper-echelon theory also connects the attributes of firm performance and top employee management. To achieve this purpose, we conducted a comprehensive survey of 411 managers and owners, 346 of whom were men and 65 of whom were women, of SMEs in the top five provinces of North Lebanon, South Lebanon, Mount Lebanon, Beirut, and Bekaa, where the majority of SMEs are located. This study also collected the data in 2022 and performed moderated mediation analysis to probe this nexus. The empirical results show that entrepreneurial orientation has a positive direct and indirect (through opportunity exploitation) effect on new venture performance. Furthermore, it reveals that opportunity exploitation has a positive effect on new venture performance and partially mediates the entrepreneurial orientation–new venture performance nexus. Furthermore, the results highlight that transformational leadership moderates the direct entrepreneurial orientation–new venture performance nexus, and the positive relationship is stronger for managers (or owners) with higher-level transformational leadership. Moreover, the results reveal that transformational leadership moderates the indirect effect between entrepreneurial orientation and new venture performance through opportunity exploitation, and the extent of the indirect effect is enhanced for managers (or owners) with higher-level transformational leadership. The results are robust and have important policy implications. The current research offers crucial managerial implications for the management of SMEs by paying attention to significant drivers of entrepreneurial orientation and opportunity exploitation. The findings also suggest that entrepreneurs and managers of new ventures must transform their entrepreneurial strategic posture into opportunity exploitation behaviors by pinpointing market inefficiencies and consumer needs, launching novel products and services, and taking advantage of opportunities for new products to enter the market to maximize financial gain.

Institutions, innovation and performance in Guangdong firms: The role of entrepreneurial orientation and environmental turbulence

Institutions, innovation and performance in Guangdong firms: The role of entrepreneurial orientation and environmental turbulence

The Role of Entrepreneurial Orientation and Learning on the Performance of Junior Enterprises

This study aims to develop a model that analyzes the influence of learning orientation (LO) and entrepreneurial orientation (EO) as antecedents of performance in junior enterprises (JEs). To this end, a research model was developed and tested through a survey of a sample of 235 presidents of Brazilian Junior Enterprises. Through the Structural Modeling Equation (SME) technique, the effects of each of the variables on the performance of JEs were evaluated. The results indicate that both the EO and LO dimensions have a positive impact on the performance of this type of a company. Therefore, this study advances the understanding of the impact of strategic dimensions in a new context, as well as making direct contributions to these companies and other interested parties to use the results presented to support the construction of new strategies for improving performance.

Digital entrepreneurship: The role of entrepreneurial orientation and digitalization for disruptive innovation

Innovation boosts economic growth, and one of the most critical factors when considering innovation-driven growth is the role of disruptive innovation, which is hailed as a lodestar by leaders of both small and large firms. However, little is known about the role of entrepreneurial orientation (EO) and digitalization strategy in enhancing or hindering firms' disruptive innovation. Our study thus addresses the relationships between EO and firms' ability to develop disruptive innovation under consideration of the firm's digital strategy. Our empirical analysis is based on quantitative survey data from a sample of 242 firms across a variety of industries, geographic locations, and sizes. Our results demonstrate that EO has a significant positive effect on disruptive innovation and that deployment of a digitalization strategy is perceived as a metaphorical cage for disruptive innovation among highly entrepreneurially oriented firms. However, a digitalization strategy supports disruptive innovation when firms are less entrepreneurially oriented. The insight of this work is that firms should focus on EO to allow disruptive innovation and increase or decrease digitalization strategy deployment and planning depending on the level of EO.

Assessing the entrepreneurial and intrapreneurial intentions of current and future labor forces: the role of entrepreneurial orientation

PurposeThe study aims to examine whether there is a difference in entrepreneurial intentions (EI) and intrapreneurial intentions (II) between current labor force (CLF) and future labor force (FLF). Moreover, the role of entrepreneurial orientation (EO) as a common determinant has been presented.Design/methodology/approachA cross-sectional survey was used to collect the data from 472 members of the CLF and 310 members of the FLF in Bosnia and Herzegovina. To test the hypotheses, Welch's t-test and multiple regression were used.FindingsThe findings show that there is a difference in both EI and II between CLF and FLF and that individual EO, to a certain degree, is a determinant of them.Originality/valueThe study extends the literature by offering a comparative approach to two populations within the same country. Furthermore, the study deviates from a more traditional approach that EI and II are divergent constructs with different determinants.

Application of RBV theory in entrepreneurial orientation, dynamic capability and customer relationship management

Research in the field of marketing management with RBV Theory in improving business performance at river tourism objects. Entrepreneurial orientation and dynamic capability become independent variables with customer relationship management as mediation in improving business performance. Research analysis with SEM-PLS on 350 river customers in Kereng Bangkirai, Central Kalimantan, Indonesia. The research results show that entrepreneurial orientation is not directly significant to business performance, while customer relationship management is significant. Dynamic result ability is not significant to business performance and significant to customer relationship management. These results can be an introduction that business performance is very important with the role of entrepreneurial orientation and dynamic capabilities with customer relationship management mediation. Result implications can increase business capabilities with entrepreneurial oriented business strategies, dynamic capabilities and customer relationship management in improving business performance. In further research can consider market sensing capability as mediation.

The role of entrepreneurial orientation and social capital toward technology innovation among SMEs in Kurdistan

The emergence of the fourth industrial revolution has made fundamental changes to technology, industries, and societal patterns and processes. SMEs are familiarizing themselves with new technological innovations to adapt to the current shifts. SMEs significantly contribute to economic progress by creating jobs, generating revenue, reducing poverty, and launching new ventures, especially in developing economies. However, the contribution of the SMEs in Kurdistan is limited due to the weak capacity to produce technological innovations and the inability to execute manufacturing processes effectively. So, the study aims to investigate the impact of Entrepreneurial Orientation (EC) and Social Capital (SO) on the Technological Innovation (TI) of Kurdistan SMEs in the Kurdistan region of Iraq. This study used the resource-based theory as the underlying theory for its presumptions, and its model was constructed using self-administered questionnaires. Three hundred forty-four business owners participated in this study, yielding a response rate of 68%. The results of the current study showed that social capital and entrepreneurial orientation both significantly and positively affect technological innovation. The study will contribute to technology innovation adoption among small industrial companies in Kurdistan and reduce potential setbacks for technology adoption, highlighting externally generated knowledge of entrepreneurial orientation and social capital.

Has COVID-19 pushed digitalisation in SMEs? The role of entrepreneurial orientation

PurposeThe authors’ aim is to investigate if entrepreneurial orientation (EO) has a role in interpreting an external crisis, such as COVID-19, as an opportunity for investing in digital transformation.Design/methodology/approachThe authors undertook multiple case study research on the digital transformation of seven “Made in Italy” SMEs and proposed a conceptual framework that sees an external stimulus (e.g. the pandemic) as a driver of the digitalisation, filtered by the entrepreneurial orientation of SMEs.FindingsThe authors’ results show how EO deals with the changing environment and helps address the market opportunities related to digitalisation.Research limitations/implicationsThis study contributes to the existing literature on EO and digital transformation of SMEs, creating a new model for forthcoming studies on this topic. In addition, interesting insights are offered on the role of EO to promote the introduction of digital transformation in SMEs operating in the “Made in Italy” sectors.Practical implicationsThis study shows the role of EO as a reactive characteristic during a crisis. Thus, the authors’ suggestion to SMEs is to develop their EO as a part of the strategic orientation. In addition, this work encourages policymakers to invest in the promotion of specific interventions aimed at supporting entrepreneurs in enhancing their capacity to effectively manage digital transformation.Originality/valueIdentifying the most important triggers of digitalisation in times of crisis remains an underexplored area of research. Thus, this study adds value to both digital transformation and entrepreneurial orientation topics.