“…This means that firms benefit more from innovative and proactive behavior in dynamic and hostile business environments compared to stable and benign contexts. These results are consistent with previous studies which have shown that entrepreneurial firms are more often found in unstable and hostile contexts, and in these conditions they perform better compared to non-entrepreneurial ones (Covin and Slevin, 1989;Frank et al, 2010).…”
Section: Discussionsupporting
confidence: 93%
“…Entrepreneurial firms often operate in industries characterized by high market dynamism and short product lifecycles, such as high-tech industries (Moriarty and Kosnik, 1989), and there is a stronger influence of EO on firm performance compared to industries with low levels of technological development (Lisboa et al, 2011). An explanation is that an entrepreneurial strategic posture allows firms to be more efficient in searching for new opportunities which arise in the market (Moreno and Casillas, 2008;Rauch et al, 2009;Wales et al, 2013), and to search in a more proactive way (Alexandrova, 2004;Frank et al, 2010). Proactive behavior also helps firms minimize the threats of product obsolescence and be ahead of competitors.…”
Section: Environmental Conditions In Developed and Emerging Marketsmentioning
While a significant body of literature has explored the link between entrepreneurial orientation (EO) and firm performance, most research has been based in single country settings without taking into account crosscountry differences. In this study, we investigate the relationship between entrepreneurial orientation and firm performance and the moderating role of environmental context in a developed and an emerging market. Our analysis of 104 Russian and 117 Finnish SMEs suggests that in a developed market context the EO dimensions of innovativeness, proactiveness and risk-taking are positively and directly associated with firm performance, while in an emerging market the relationship is moderated by the dynamic and hostile external environment. The specifics of national culture and different stages of institutional development may explain the differences in the way entrepreneurial orientation dimensions relate to firm performance.
“…This means that firms benefit more from innovative and proactive behavior in dynamic and hostile business environments compared to stable and benign contexts. These results are consistent with previous studies which have shown that entrepreneurial firms are more often found in unstable and hostile contexts, and in these conditions they perform better compared to non-entrepreneurial ones (Covin and Slevin, 1989;Frank et al, 2010).…”
Section: Discussionsupporting
confidence: 93%
“…Entrepreneurial firms often operate in industries characterized by high market dynamism and short product lifecycles, such as high-tech industries (Moriarty and Kosnik, 1989), and there is a stronger influence of EO on firm performance compared to industries with low levels of technological development (Lisboa et al, 2011). An explanation is that an entrepreneurial strategic posture allows firms to be more efficient in searching for new opportunities which arise in the market (Moreno and Casillas, 2008;Rauch et al, 2009;Wales et al, 2013), and to search in a more proactive way (Alexandrova, 2004;Frank et al, 2010). Proactive behavior also helps firms minimize the threats of product obsolescence and be ahead of competitors.…”
Section: Environmental Conditions In Developed and Emerging Marketsmentioning
While a significant body of literature has explored the link between entrepreneurial orientation (EO) and firm performance, most research has been based in single country settings without taking into account crosscountry differences. In this study, we investigate the relationship between entrepreneurial orientation and firm performance and the moderating role of environmental context in a developed and an emerging market. Our analysis of 104 Russian and 117 Finnish SMEs suggests that in a developed market context the EO dimensions of innovativeness, proactiveness and risk-taking are positively and directly associated with firm performance, while in an emerging market the relationship is moderated by the dynamic and hostile external environment. The specifics of national culture and different stages of institutional development may explain the differences in the way entrepreneurial orientation dimensions relate to firm performance.
“…There has been published huge of research in the entrepreneurship field and entrepreneurial orientation, however, most of these researches are in the USA and few empirical studies focused on Europe (Frank, Kessler, & Fink, 2010). There are many definitions for EO, for example, Zahra and Covin (1995) defined it as the potential instrument for refreshing organizations, where can be achieved through innovation, risk-taking, and proactiveness.…”
Purpose: This study was set up to examine the mediating role of ERP system on the relationship between entrepreneurial orientation and organizational performance.Design/methodology/approach: To examine the hypothesized model developed for this study, the survey quantitative research design was employed. For that, the data were collected from Dubai police departments. Out of 150 questionnaires distributed, 111 usable questionnaires were returned. Employing the partial least squares structural equation modeling for data analysis.Findings: Based on the statistical results, the effect of entrepreneurial orientation and enterprise resource planning on organizational performance were confirmed. In addition, ERP was found to partially mediate the effect of EO on organizational performance. Further details and valuable implications of this study were discussed throughout the study.
Practical implications:The results of this study have many practical implications. The results will help managers to take the proper decision when deciding to implement ERP system in their organizations. The ERP can help managers with strong EO to achieve the maximum performance in organizations and to remain competitive in the market.
Originality/value:This study is considered one of the very few empirical studies that examine the effect of EO on ERP and the mediating effect of ERP on the EO-performance relationship.
“…Anderson (2010) reported a negative association between entrepreneurial orientation and business performance; whereas the study of Runyan, Droge and Swinney (2008), Arbaugh, Cox and Camp (2008), and Ambad and Abdul Wahab (2013) found mixed outcomes in the EO -performance relationships. The study of Frank, Kessler and Fink (2010) reported a low correlation between the two constructs. Hence, entrepreneurial orientation to performance relationship studies is inconclusive.…”
Section: Introductionmentioning
confidence: 84%
“…The results showed a mixed-fi nding as entrepreneurial orientation has a positive relationship to net worth (fi nancial performance), while entrepreneurial orientation is negatively related to return on sales. Meanwhile, the study of Frank, Kessler and Fink (2010) on entrepreneurial orientation and business performance showed a low correlation between business performance and entrepreneurial orientation. The study had a sample of eighty fi ve SMEs from electric and electronic industry and was conducted through survey questionnaire.…”
Section: Entrepreneurial Orientation and Business Performancementioning
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