“…Although changing firm behavior as a response to PRA represents a general phenomenon (Bromiley, ; March, ), firms differ in how they interpret and react to this information. Firm responses to PRA vary with firm governance arrangements, resources, and organizational structures (Desai, ; Joseph, Klingebiel, & Wilson, ; Kuusela, Keil, & Maula, ). Indeed, previous research has shown that a firm's entrepreneurial (Hoskisson, Chirico, Zyung, & Gambeta, ; Naldi, Nordqvist, Sjöberg, & Wiklund, ), strategic (Audia, Locke, & Smith, ; Vissa, Greve, & Chen, ), or temporal (Bromiley & Souder, ) orientation can influence its response to PRA.…”