We examined the entrepreneurial orientation and sustainability orientation, a persistent and conflicting duality, of sustainable entrepreneurs and their evaluation of competing priorities in ...sustainability decision making. We conducted an exploratory, mixed-method study of 24 sustainable fashion firms and collected data through structured surveys and rich in-depth interviews. Through our inductive and deductive analysis, we derive three sustainability decision making profiles (singular, flexible and holistic) with distinct prioritization logic (nested, ordered and aligned, respectively). We find different configurations of entrepreneurial orientation correspond to the sustainability decision making profiles. We extend the literature by showing how the reflexivity of entrepreneurial orientation interacts with sustainability orientation.
•Develops and validates a multi-dimensional scale to assess IEO.•Identifies two emerging IEO dimensions, Entrepreneurial Passion and Perseverance.•The scale reveals to be consistent with an ...individual-level evaluation of EO.
This study sought to validate a scale for quantitative research on two emerging dimensions of individual entrepreneurial orientation (IEO): passion and perseverance. The proposed measurement instrument was developed, validated and tested using data on 249 agri-food firms created in the last five years in a Portuguese region. The final analysis of the IEO dimensions and corresponding items used confirmatory factor analysis, resulting in an adjusted, reliable multidimensional model. The latter comprised the three core dimensions of IEO—risk taking, innovativeness and proactivity—and the additional dimensions of passion and perseverance. This study is of interest to those who deem conducting research at different analytical levels important since the results explicitly explain the interaction between IEO and the underexplored concepts of entrepreneurial passion and perseverance. The findings show that these individual characteristics have implications for entrepreneurs as all five dimensions influence firm management through entrepreneurial orientation.
Previous research has suggested important environmental and firm factors may be involved in the individual and joint implementation of entrepreneurial orientation (EO) and market orientation (MO). In ...a sample of 179 SMEs, we examine firm-level and environmental-level contingencies regarding EO and MO's joint impact on new product development performance. This study provides further context to which firms should avoid or pursue an EO-MO dual implementation. Contrary to our arguments, the results show that larger firms may be more adept at managing EO and MO simultaneously, whereas inefficiencies may arise with smaller firms. In support of our arguments, we empirically show that firms that focus on services rather than goods benefit from the joint impact of EO and MO. Additionally, environmental turbulence and industries characterized by high technological intensity provide benefits for EO-MO implementation due to opportunities in volatile environments aligning with EO and hedging risk by staying close to customers.
Entrepreneurial marketing (EM) is considered a marketing concept for firms that strive to run entrepreneurial, market-driving and at the same time customer-focused marketing programs that work ...particularly well under resource constraints. However, even after more than three decades after its inception, researchers still focus on validating single dimensions of the EM concept (the outer frame), but do not ask what these dimensions may have in common (the inner frame). Using a sample of 1156 firms, this paper develops such a valid scale and analyzes its effect on firm performance. Results show that EM consists of three correlating dimensions: 1) change-driving, 2) bootstrapping, and 3) risk-taking that have a positive effect on firm performance.
Academic research into social entrepreneurship orientation (SEO) remains nascent, despite social entrepreneurship receiving increasing attention in both research and practice. This study of 308 ...industrial industry firms from Austria and Northern Macedonia contributes to closing these research gaps by investigating how SEO influences social entrepreneurial performance taking into account the performance consequences of heterogeneity in firms' characteristics demonstrated by start-ups and established firms using multi-group structural equation modeling and fsQCA as methods of comparison. Combining person-centered and variable-centered methods, this study contributes by exploring how SEO influences social entrepreneurial performance and considering firms' characteristics for both start-ups and established industrial firms. The study highlights key differences for start-ups and established firms. The development phase of a firm, thus, plays a key role when examining SEO dimensions. This study informs practices of individuals seeking to undertake a business start-up or owner/managers involved in the operation and management of established firms in a social entrepreneurship context. The findings will be of interest to the enterprise support community in tailoring funding and training support for social enterprises for both start-ups and established firms.
•Investigation into social entrepreneurship orientation (SEO)•Study of 308 industrial industry firms from Austria and Northern Macedonia•Investigating how SEO influences social entrepreneurial performance.•Analysis of both Start-ups and established firms using fsQCA•The findings will be of interest to the enterprise support community in tailoring funding and training support.
Existing research on entrepreneurial orientation primarily examines how entrepreneurial orientation contributes to the performance and survival rate of new ventures. This study develops a conceptual ...model to examine how innovation speed mediates the relationship between entrepreneurial orientation and performance. To test the proposed theoretical model, we collected data from 153 new ventures. While this study finds that faster innovation speed leads to superior performance, the empirical evidence challenge traditional views. Innovativeness increases, not decreases, innovation speed. Risk-taking reduces, not increases, innovation speed. Finally, proactiveness has inverted U-shaped effects on innovation speed.
•Innovation speed mediates the relationship between entrepreneurial orientation and performance.•Innovativeness increases, not decreases, innovation speed.•Risk-taking reduces, not increases, innovation speed.•Proactiveness has inverted U-shaped effects on innovation speed.
Adopting a stewardship perspective and relying on a sample of 93 Spanish family firms, we emphasize the importance of psychological ownership as a primary determinant of entrepreneurial orientation ...in terms of proactiveness, innovativeness and risk taking. We also suggest that the relationship between psychological ownership and entrepreneurial orientation is mediated by knowledge sharing. Finally, we assess the potential moderating roles of heterogenous governance conditions in terms of the generation in control, generational involvement and family involvement in the top management team with regard to the relationship between psychological ownership and knowledge sharing. Research and managerial implications are shared in the concluding section.
•Family members' PO is a primary determinant of EO dimensions of proactiveness and innovativeness in family firms.•Adopting a stewardship perspective, the positive relationship between PO and EO is mediated by Knowledge Sharing.•The family generation in control and family involvement in the TMT moderate the relationship between PO and Knowledge Sharing.
In the current business context, entrepreneurial orientation (EO) has been highlighted as key to improving firm performance. Despite the overall positive evidence on the association between EO and ...firm performance, scholars have stressed the importance of taking into account and properly managing intermediate capabilities. The present study analyses the link between EO and New Product Development (NPD) performance, considering Business Model Innovation (BMI) as a mediating variable. A sample of 400 Spanish SMEs is used to test the proposed research model through structural equation modelling and partial least squares analyses. Results reveal that EO contributes to BMI and NPD performance. Moreover, BMI is found to have a partial mediating role between EO and NPD performance. This study makes a novel contribution to the EO and BMI literatures as it finds evidence that business model innovation is an effective way to funnel the firm's entrepreneurial orientation into its innovation processes and to increase the success of new product development. Some suggestions for managers and future lines of research are proposed.
•Business Model Innovation (BMI) is a key driver for New Product Development (NPD) in SMEs.•Focusing on NPD performance provides a clearer picture for the Entrepreneurial Orientation (EO)-Performance literature.•BMI partially mediates the EO – NPD performance relationship.
•The effect of entrepreneurial orientation on the degree of internationalization varies by the family’s influence on the TMT.•Family members’ involvement in the TMT negatively affects the ...international entrepreneurship process.•The skills, knowledge and experience added by non-family managers may overcome this negative effect.•Generational involvement in the TMT also negatively affects to the relationship between entrepreneurial orientation and internationalization.•Control and coordination problems may arise when different generations are involved in the TMT.
Internationalization is an important entrepreneurial strategy for promoting the long-term growth and survivability of small and medium-sized enterprises (SMEs). Family involvement in top management teams (TMTs) can explain the heterogeneous behaviors of these firms’ international entrepreneurship process. This paper analyzes the moderating effects of the family’s influence on the relationship between entrepreneurial orientation and internationalization with two TMT diversities found only in family firms: the family TMT ratio and generational involvement. An analysis of 191 Spanish family SMEs indicated that entrepreneurial orientation plays a significant role in explaining the degree of internationalization in family firms and that a diversely formed TMT shapes this relationship. A high concentration of family members in managerial positions hinders the international entrepreneurship process. This fact highlights the importance of hiring non-family managers to promote internationalization. The results also reveal that involving multiple generations in decision-making hampers entrepreneurial internationalization, generating control and coordination problems.
Reconceptualizing entrepreneurial orientation Anderson, Brian S.; Kreiser, Patrick M.; Kuratko, Donald F. ...
Strategic management journal,
October 2015, Letnik:
36, Številka:
10
Journal Article
Recenzirano
Entrepreneurial orientation (EO)—a firm's strategic posture towards entrepreneurship—has become the predominant construct of interest in strategic entrepreneurship research. Despite the ...ever-increasing volume of nomological research on EO, there remain ongoing conversations regarding its ontology. Drawing from measurement theory, we outline an EO reconceptualization addressing the likely prevalence of Type II nomological error in the EO literature stemming from measurement model misspecification. Focusing on the question of whether EO is an attitudinal construct, a behavioral construct, or both, we propose a formative construction of EO viewing the exhibition of entrepreneurial behaviors and of managerial attitude towards risk as jointly necessary dimensions that collectively form the higher-order EO construct. We present an empirical illustration of our reconceptualization followed by a discussion of future research opportunities.