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The aim of this study is to adopt the perspective of organisational ambidexterity to explore the relationships between entrepreneurial orientation (EO) and innovation performance (IP). Based on the resource-based view and social network theory, this study constructs a theoretical model to investigate the relationship between EO and IP, as well as the mediation of network ambidexterity. The empirical results show that EO has a positive and direct impact on IP. The dimensions of network ambidexterity both mediate the relationships between EO and IP. More importantly, the combined dimension has a stronger effect than the balance. [ABSTRACT FROM AUTHOR]

Organizational ambidexterity describes firms' ability to pursue exploration and exploitation strategies simultaneously. It is, however, unclear if young SMEs should seek to develop organizations with this ability or if they are better off focusing on just one strategy. To shed light on this matter, this paper investigates the interaction between entrepreneurial orientation (EO) (organic organizing) and process improvement (mechanistic organizing) in relation to firm growth in young SMEs (small and medium-sized enterprises). We hypothesize that both types of strategies can produce growth for young SMEs but that, due to their incompatibility, young SMEs do not have the resources needed to successfully pursue them both. We test these hypotheses on a sample of 257 young Danish SMEs. Our results confirm that both EO and process improvement have a positive effect on firm growth. The results further show that while process improvement has a considerable positive effect in low EO firms, for high EO firms, this effect is minimal. Thus, high EO firms may waste important resources by putting too much effort into process improvement initiatives. [ABSTRACT FROM AUTHOR]

This study aims to determine the factors that influence marketing strategy and marketing performance in SMEs of souvenir food. Entrepreneurial Orientation (EO), Marketing Orientation (MO), and Unique Resources (UR) are used as independent variables to drive Marketing Strategy (MS) and Marketing Performance (MP). Using a purposive technique, data was collected from 248 SMEs souvenir food, consisting of owners and managers. The research method employed is descriptive correlational, using Structural Equation Modeling (SEM) with the SmartPLS 4 program to analyze the data. The findings of the study reveal that EO, MO, and UR play a significant role in enhancing marketing strategies and improving the effectiveness and direction of marketing performance due to their interrelatedness. [ABSTRACT FROM AUTHOR]

Entrepreneurial orientation has been recognised as a key driver for bolstering a firm's core competitiveness and fostering the creation of novel advantages. However, the efficacy of entrepreneurial orientation in enhancing the high-tech firm performance has been a controversial issue. We propose an ‘orientation-learning-innovation-performance’ model, which employs the concepts of ambidextrous learning and business model innovation to explore the effects of entrepreneurial orientation on high-tech firm performance within a dynamic environment. PLS-SEM was used to test data gathered from 291 high-tech firms. The results reveal that entrepreneurial orientation does not exert a direct influence on high-tech firm performance, while the mediation role of exploitative learning is not significant. Entrepreneurial orientation mainly influences high-tech firm performance through exploratory learning, ambidextrous learning and business model innovation. This influence is further amplified in contexts characterised by environmental dynamism. Our findings contribute to the literature on entrepreneurial orientation and organisational learning theory, providing insights that firms can use to enhance efficiency and maintain a competitive advantage. [ABSTRACT FROM AUTHOR]

This study seeks to examine the relationship between entrepreneurial orientation (EO) and sustainable competitive advantage (SCA) with social networks (SNs) as a mediator and the business environment (BE) as a moderator among Malaysian small and medium enterprises (SMEs) operating in Cambodia. Using a snowballing sampling methodology, the study gathered data from 103 SMEs to undertake the moderation-mediation analysis. The findings show that SN mediates and BE moderates the association between EO and SCA, demonstrating that entrepreneurs focus on leveraging external resources to compete in the marketplace, especially when embedded in a highly dynamic but hostile BE. The evidence shows that a profound understanding of small business internationalisation and operational factors can assist home and host governments to support better the relocation and functioning of SMEs abroad. [ABSTRACT FROM AUTHOR]

We examine COVID-19 as an external enabling mechanism and propose the interplay between entrepreneurial self-efficacy (ESE) beliefs and entrepreneurial orientation (EO) may help explain why some small firms are enabled to exploit disequilibrating environmental changes. We predict that ESE's relationship with performance is mediated through its strategic posture, and the perceived impact of COVID moderates this relationship. We test our moderated-mediation model using data collected over multiple waves from a sample of 190 small business owners. While our findings suggest that an entrepreneur's self-efficacy may contribute to firm performance alone, it appears insufficient to mitigate the perceived negative consequences caused by the pandemic. However, ESE may play a pivotal role when channeled through the firm's strategic orientation. Our results suggest embracing an entrepreneurial orientation is appropriate for navigating stiff economic headwinds and unprecedented uncertainty. Still, the benefits of such a posture can be fully realized only when entrepreneurial self-efficacious managers lead the firm. [ABSTRACT FROM AUTHOR]

Start-up subsidies play an important role in supporting start-up innovation and performance. However, what characteristics help and hinder start-ups to seek public subsidies remains unclear. We study whether and how founder personality links to entrepreneurs' seeking of start-up subsidies. We argue that greater founders' openness, extraversion, and entrepreneurial orientation enhance seeking of start-up subsidies, while greater founders' agreeableness, conscientiousness, and neuroticism inhibit it. Additionally, we argue that entrepreneurial orientation plays a mediating role in the relationship between big five personality traits and start-up subsidies. We find evidence for a positive role of founder entrepreneurial orientation. While we find little evidence for a direct association between founders' big five personality and subsidies, we document an indirect link through entrepreneurial orientation. We also show that personality is not associated with bank financing and borrowing from family and friends while the patterns for venture capital financing are similar to those for subsidies. [ABSTRACT FROM AUTHOR]

This study explores the effect of a firm's entrepreneurial orientation on the individual resilience of small business owners and how this relationship is moderated by firm-level ambidexterity. We build on social cognitive theory to discuss whether and how the three dimensions of entrepreneurial orientation that is, innovativeness, proactivity, and risk-taking) interact with the two components of ambidexterity (that is, exploration and exploitation) to jointly influence the resilience of small business owners. Our findings indicate that a risk-taking orientation is positively related to resilience and that an innovativeness orientation causes resilience to suffer when an exploitative approach is pursued. For firms with a proactivity orientation, however, exploitation has a positive moderating effect. Our study adds to the literature by linking firm-level determinants and individual-level outcomes in the special context of small businesses. [ABSTRACT FROM AUTHOR]

Effectuation research suggests that effectuation is most appropriate in pure uncertain conditions. However, effectuation research is unclear about how decision-makers respond to varying levels of perceived uncertainty. Behavioral decision-making research suggests that as uncertainty increases, decision-makers may attempt to protect the status quo rather than engage in new opportunities. The present study combines these thoughts to derive a curvilinear relationship between uncertainty and effectuation, providing a more realistic picture of decision-making logic applied by entrepreneurs of small businesses. We also argue that the curvilinear relationship is moderated by the entrepreneurial orientation (EO) of the firm. We find, based on data from four samples of 990 entrepreneurs in three emerging economies,support for the curvilinear relationship and the negative moderating effect of EO. Our findings contribute to effectuation theory by extending its theoretical boundaries to include a spectrum of uncertainty. [ABSTRACT FROM AUTHOR]