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

Martins, Izaias; Rialp, Alex

doi:10.2139/ssrn.2162483

Cited by 19 publications

(34 citation statements)

References 51 publications

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“…The EFA is conscious about the EO by showing the validity of the findings in the dimensions that integrate the construct. Thus, the dimensions established by Lumpkin and Dess (1996) and already contrasted in previous works (Wiklund and Shepherd 2005;Moreno and Casillas 2008;Hasan et al 2013;Martins and Rialp 2013;Martins et al 2015).…”

Section: Entrepreneurial Orientationmentioning

confidence: 63%

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Entrepreneurial orientation, assessment and management of projects and impact in corporate entrepreneurship: intention to action

Montoya¹,

Martins²,

Ceballos³

2017

cuadernosgestion

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Corporate entrepreneurship remains a phenomenon under study due to the positive impact it has generated, first of all, over companies, strengthening their competitive advantages and increasing their value. Secondly, it contributes to the macroeconomic dynamism that occurs in nations in terms of growth, employment, income, innovation and competitiveness. Focusing on Theories of Corporate Entrepreneurship and Resources and Capabilities, the aim of this paper is to relate the entrepreneurial orientation as intention to corporate entrepreneurship as action, considering their differences and complementarities. The database used for empirical confrontation comes from the survey of 137 SME in the Colombian manufacturing sector. Multivariate analysis models and structural equations were estimated, and quantitative evidence of direct and positive relationships with both phenomena indirectly mediated by the capability to assess and manage projects will be presented. This capability has been little explored in previous studies and not proven in relation to the phenomenon analyzed. The results of the factor analysis suggest that this capability can be considered as a theoretical construct, adding theoretical developments with respect to previous studies which have included and analyzed other capabilities.

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Section: Entrepreneurial Orientationmentioning

confidence: 63%

“…Factor Approach Covin and Slevin (1991); Zahra (1991Zahra ( , 1993; Lumpkin and Dess (2001); Martins et al (2012); Martins and Rialp (2013); Álvarez and Urbano (2011) External factors Environmental variables and competitive rivalry.…”

Section: Authormentioning

confidence: 99%

Entrepreneurial orientation, assessment and management of projects and impact in corporate entrepreneurship: intention to action

Montoya¹,

Martins²,

Ceballos³

2017

cuadernosgestion

Self Cite

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“…Most of these studies have shown that this relationship is positive in nature [Martins, Rialp, 2013;Rauch et al, 2009;Van Doorn et al, 2013;Wiklund, Shepherd, 2003Zahra, 1991].…”

Section: Theoretical Framework and Research Hypothesesmentioning

confidence: 97%

“…Firms re-nowned for their strong entrepreneurial orientation often find themselves permanently monitoring such changes, always searching for new opportunities to strengthen their competitive position, resulting in a positive impact on their performance [Keh et al, 2007]. Involvement in risky projects in times of uncertainty can bring the opportunity for high profits [Martins, Rialp, 2013]. The specific character inherent in entrepreneurially oriented firms is critically important in emerging markets as the latter are generally characterized by heightened instability vis-à-vis the external environment [Ahlstrom, Bruton, 2002], which encourages firms to have an active strategic position.…”

Section: Theoretical Framework and Research Hypothesesmentioning

confidence: 99%

Accounting support to the management accounting system under crisis processes in the economy

Бобрышев¹

2018

EATP

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“…Regardless of somewhat contradictory results noted earlier, it is usually suggested that EO has a positive impact on firm performance (Martins and Rialp, 2011;Rauch et al, 2009;Van Doorn et al, 2013;Shepherd, 2003, 2005;Zahra, 1991). Entrepreneurial orientation enables firms to generate ideas and commercialize them into new products and services, be involved in risky projects, apply a forward-looking perspective and seek new business opportunities.…”

Section: Entrepreneurial Orientationmentioning

confidence: 99%

Entrepreneurial Orientation in Different Environmental Settings: a Comparative Cross-Country Study

Shirokova¹,

Bogatyreva²,

Beliaeva³

et al. 2015

AMPROC

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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.

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

Cited by 19 publications

References 51 publications

Entrepreneurial orientation, assessment and management of projects and impact in corporate entrepreneurship: intention to action

Entrepreneurial orientation, assessment and management of projects and impact in corporate entrepreneurship: intention to action

Accounting support to the management accounting system under crisis processes in the economy

Entrepreneurial Orientation in Different Environmental Settings: a Comparative Cross-Country Study

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