What drives entrepreneurial orientation in small firms? The roles of owner-manager and financial conditions

Soininen, Juha; Puumalainen, Kaisu; Sjögrén, Helena; Syrjä, Pasi; Richter, Chris

doi:10.1504/ijbex.2015.065981

Cited by 5 publications

(3 citation statements)

References 71 publications

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“…Answering this question here, based on prior studies, the indicators of the firm-level construct appear to be appropriate for the individual level (Joardar and Wu, 2011; Bolton, 2012). According to Soininen et al (2013, 2015), the values and experience of the owner-manager are resilient drivers of EO in small firms, showing that the individual EO construct could be an essential tool in human resource decisions to assess the entrepreneurial power of individuals which is expected to boost firm performance.…”

Section: Hypotheses Developmentmentioning

confidence: 99%

Entrepreneurially oriented employees and firm performance: mediating effects

Fellnhofer

2019

MRR

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Purpose This paper aims to contribute to the literature on entrepreneurial orientation (EO) with a focus on the interplay between the individual and firm level for embedding EO pervasively within organisations. Design/methodology/approach Comprising 356 individual employees from five companies collected from June to September 2015, this investigation uses structural equation modelling. Findings The results show significant indirect effects from individuals’ EO on firm’s performance, mediated by both individuals’ performance and firm’s EO. Research limitations/implications While the construct of EO is strengthened with a multi-level approach, the authors also stress the organisational homogeneity of EO. Practical implications Consequently, the EO instrument can be used as a strategic tool to evaluate an individual’s orientation towards entrepreneurship to facilitate firm performance. Originality/value Finally, the EO instrument can be used as a strategic tool to evaluate an individual’s orientation towards entrepreneurship to facilitate firm performance.

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Section: Hypotheses Developmentmentioning

confidence: 99%

Entrepreneurially oriented employees and firm performance: mediating effects

Fellnhofer

2019

MRR

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“…Their differences explain behavioural motives and a content-related side of business. Researchers distinguish the following main personality traits that are necessary for implementation of small business projects: independence, a risk taker, the ability to take responsibility for performance, higher work capacity (Soininen, Puumalainen, Sjogren, & Syrja, 2015;Begley & Boyd, 1987). Small businesses are mostly not innovation-based, i.e., do not lead to structural qualitative economic changes, but serve as a basis for economic stability and growth (Romanova, Korovin, & Kuzmin, 2017;Kowo, Adenuga, & Sabitu, 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

Concept of entrepreneurship anti-ideology

Litau¹

2019

JESI

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This paper presents the approach to the understanding of the entrepreneurship phenomenon. With this approach, it is possible to identify this social activity as essentially distinct from those that are seemingly similar but distinct in content. Having reviewed the relevant literature of this area of study with a critical eye, the author has identified systemic errors in the traditional understanding of entrepreneurship (first-order and second-order errors). Developing this approach, the author has introduced the concept of anti-ideology, which mirrors a nature of innovating as a process of creative destruction. This statement assumes that true entrepreneurship exists within the idea/anti-idea framework. The author has identified mandatory and sufficient attributes of entrepreneurial innovation. Based on the applied methodology, the author has proposed a model of progressive materialization for the anti-idea (Progressive Materialization of Antiidea, PMAi). It helps to measure entrepreneurship in terms of its innovating component.

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“…The main goal of the article is to discuss and elaborate on the basics of entrepreneurial orientation and relationship between EO and innovativeness in companies. Numerous authors have suggested the benefit of conducting research in the entrepreneurial orientation domain (George et al, 2001 The notion of innovativeness in scientific literature has been discussed with great interest (Schumpeter, 1934, Avlonitis andSalavou, 2007;Rauch et al 2009;Tajeddini, 2010;Lejpras and Stephan, 2011;Nybakk, 2012;Soininen et al, 2015). Innovativeness reflects a firm's tendency to engage in and support experimentation, novelty, new ideas and creative processes that may result in new technological processes; products or services (Lumpkin and Dess, 1996).…”

Section: Introductionmentioning

confidence: 99%