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This research studies the underlying effects of open innovation on the relationship between entrepreneurial orientation and competitive advantage. The hypotheses were tested using structural equations in PLS-SEM for the data collected in a Likert scale instrument, to a sample of 102 fruit and vegetable SMEs in Valle del Cauca, Colombia. The results show that entrepreneurial orientation positively influences open innovation; In turn, open innovation affects competitive advantage, thus proving the mediating role of open innovation. In other words, it is not enough for SME managers to be proactive, risky and innovative to achieve competitive advantage, they must also incorporate open innovation practices to achieve sustainable competitive advantage. This study contributes to the emerging literature on the underlying effects of open innovation, as well as its effects on competitive advantage. [ABSTRACT FROM AUTHOR]

The purpose of this research is to examine the influence of Governance in the relationship of Entrepreneurial Orientation (EO) and the Performance of SMEs in the short term. The authors conducted a statistical meta-analysis of the effect size of Governance on a firm's EO and short-term performance relationship in 45 articles, which together represent 9,657 companies. The results indicate that the correlation between EO and Performance in small and medium-sized companies is significant (r = 0.35), and the degree of Governance of each country influences this relationship. Thus, Governance plays a relevant role by favoring a favorable scenario, which allows the development of entrepreneurship and organizational innovation. In this way, it is also suggested that the articulation of institutions and programs that facilitate access to financial and training resources constitute effective methods to promote a good performance of small and medium-sized enterprises. This work constitutes the first study to consider the implications of Governance in the relationship of Entrepreneurial Orientation and Performance of small and medium-sized companies. [ABSTRACT FROM AUTHOR]

The entrepreneurial attitude of companies is key to compete in a globalized and dynamic economic environment. Thus, it is of special interest the analysis of the factors that promote or hinder the entrepreneurial orientation (EO) of organizations. In the case of family businesses, the interaction between the family and the business can directly affect the OE, although this effect may vary depending on whether it occurs in the top management team or in the Board of Directors. In addition, the effect of family involvement in both organs may be affected by their respective sizes. Based on a sample of 91 family SMEs, this paper shows the negative effect on OE of a high proportion of family members in the Board and in the top management team, an effect that is reinforced when the number of decision-makers in each organ is greater. This study also finds that the involvement of different family generations in the top management team has a positive effect on EO, decreasing this influence in larger top management teams In addition to the theoretical implications of these findings, the practical implications for managers and owners of family SMEs that are immersed in a period of professionalization are especially interesting. Thus, this study can be helpful in designing the size and the composition of the top management team and the Board of Directors of this type of organization. [ABSTRACT FROM AUTHOR]

Introduction: Entrepreneurial orientation (EO) has been widely recognized in the strategic management field, because it represents a key factor to obtain a better performance. Entrepreneurial oriented firms are monitoring its environment, making innovations, taking risks, searching for opportunities, anticipating to the customer needs and responding to the aggressive actions from its competence. The object of this research is to analyze the relationship between the EO and the firm performance in the Mexican handcraft sector. Method: This research was cross-sectional with the application of a survey to 170 Mexican artisans from Oaxaca, Guerrero, Puebla and Tlaxcala. The exploratory factorial analysis was used to test the validity of the scale; the reliability was test by the Cronbach's Alpha coefficient. In order to test the five hypothesis of the research model, a bivariate correlation analysis and a linear regression analysis was made among all the research variables. Results: Results show that innovativeness, proactiveness and aggressive competitiveness are the variables that are related positively and directly with the financial and non-financial performance of the handcraft business in Mexico. Discussion or Conclusion: This paper could be one of the first research in analyze the performance in handcraft businesses under the EO focus. It gives some opportunities in the research field: a deeper analysis of each variable, to test the EO scale in other kind of businesses and sectors, a better conceptualization and operationalization of variables in order to make much more detailed statistical analysis, and determinate exactly the effect of the OE variables in the firm performance. [ABSTRACT FROM AUTHOR]

This paper analyses the mediating effect of a company's social responsibility on the relationship between entrepreneurial orientation and performance in agricultural cooperatives. This objective constitutes a major contribution in itself. The second contribution made by this paper is the use of three sources of data: a questionnaire on entrepreneurial orientation mailed to agricultural cooperatives in Spain between January and April 2015 (112 valid questionnaires), an analysis of sustainability reports (68 reports), and financial data from the SABI database. The SmartPLS 3.2.3 structural equations program was used to test the data. The key finding of this research is that CSR has a mediating effect on the relationship between entrepreneurial orientation and performance. [ABSTRACT FROM AUTHOR]

Entrepreneurship and entrepreneurs are fashionable concepts in Spain. Governments and various public authorities promote initiatives that seek to boost, recognise or support entrepreneurs. This paper seeks to clarify the situation of entrepreneurship in Spain, particularly social entrepreneurship. It distinguishes between models of entrepreneurship and social entrepreneurship, led by social enterprises and social economy organisations, which have different characteristics to traditional business enterprises. It undertakes a critical analysis of the impact, consequences and opportunities afforded by legislative reforms (national and some regional) in supporting or stimulating entrepreneurs and the impact of these reforms on social economy entities, the principal architects of social entrepreneurship. [ABSTRACT FROM AUTHOR]

In this paper, we study the effect of corporate entrepreneurship on innovation productivity of spin-off firms. Results show that spin-off firms, supported by parent firms, with superior absorptive capacity and entrepreneurial orientation are more likely to yield a higher productivity derived from innovation. [ABSTRACT FROM AUTHOR]

This study examines the entrepreneurial orientation (EO) of agri-food cooperatives that engage in export activities. Using the PLS (partial least square) technique to test the hypotheses made it possible to conduct an analysis based on the principal components and on variance. The model was run in two steps. The first step confirmed that entrepreneurial orientation (measured by innovativeness, proactiveness and risk taking) was positively related to the export activities of the agri-food cooperatives (entrepreneurial orientation explained 23% of export activity). The second step, applying contingent theory, found that in larger sized cooperatives that operated in more dynamic environments the effect of entrepreneurial orientation on export activity was greater, explaining 29.7% of the variance. [ABSTRACT FROM AUTHOR]

The impact online social networks are having nowadays as a marketing tool in the performance of companies is yet to be made clear. Such an impact is being looked into in this paper on the basis of Spanish companies' data. Structural equations being applied to a multi-group are the channel through which an attempt is being made to ind out whether an intensive use of these networks in the marketing ield shall somehow restrain the relationship between dynamic capabilities, market orientation and entrepreneurial orientation, and what is the impact these networks are having on the latter. Survey outcomes show that this intensity somehow makes the relationship between market orientation and performance and entrepreneurial orientation smoother. A strong and determined marketing strategy in social networks could strengthen up these relationships thus enhancing their performance. [ABSTRACT FROM AUTHOR]

This research takes a relational approach on the entrepreneurial behavior of a firm and analyzes the influence of knowledge acquisition through inter-firm relationships on the entrepreneurial orientation. It introduces a new variable, second order social capital, to explain how knowledge acquisition leads to higher levels of entrepreneurial orientation. The results of the empirical study on a sample of small and medium enterprises from the Information and Communications Technology sector in Spain confirm the hypothesized indirect influence of knowledge acquisition on the entrepreneurial orientation and the mediating effect of second order social capital. [ABSTRACT FROM AUTHOR]