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In recent years, entrepreneurial orientation (EO) has emerged as a key concept in the management literature, with various studies demonstrating its positive effects on important firm-level outcomes. However, our understanding of whether and how EO shapes dynamics within organizations is still underdeveloped. Thus, by integrating EO and social information–processing theories, this study develops and tests a cross-level contingency model that describes how and when EO cascades through an organization—bridging firm, supervisor, and employee levels. We conducted a three-source, three-wave study involving 280 supervisors and 1,214 employees from 94 organizations to test our model. The results show that firm-level EO is positively related to employees' creative performance and that supervisors' and employees' passion for inventing serves as the central serial mediators for these links. The results also reveal that these cascading effects of EO do not occur unconditionally but depend on an important boundary condition—that is, the extent to which supervisors identify with their organizations. A follow-up study of 238 supervisors from various firms provides further support for the social information–processing perspective of our model. It shows that the link between firm EO and supervisors' passion for inventing is mediated by perceived normative expectations for creativity. Taken together, these findings offer a new perspective on the internal dynamics of EO, uncover a crucial boundary condition, and provide insights for the effective implementation of EO. [ABSTRACT FROM AUTHOR]

In small- and medium-sized enterprises (SMEs), adopting a strategic human resource management (SHRM), approach can improve dynamic capabilities and promote greater innovation. However, most research on this topic is theoretical and focuses on large firms with well-established formal and mature human resource management systems and access to significant resources. Using a resource-based view framework, we investigate how entrepreneurial orientation (EO) enhances the SHRM–dynamic capabilities relationship in SMEs. Using time-lagged data from 456 SMEs in Australia, our results confirm that SHRM has an indirect positive association with innovation through its impact on dynamic capabilities. Additionally, EO has an indirect positive association with innovation through its impact on dynamic capabilities. Our results also show that EO moderates the positive relationship between dynamic capabilities and innovation such that the relationship becomes stronger as EO increases. This study's results have theoretical and practical implications for the role of SHRM and EO in developing dynamic capabilities and innovation in SMEs. [ABSTRACT FROM AUTHOR]

Drawing upon strategic orientation logics and culture theory, this article proposes that entrepreneurial orientation and customer relationship orientation are generally complementary but become conflictual at high levels due to the organizational response to the practices these orientations invoke in a collectivist cultural context. We test this hypothesis with survey data of 146 firms. We find an increasing-return effect of customer relationship orientation on firm performance. Results also reveal a shape-flip phenomenon that when entrepreneurial orientation is low, customer relationship orientation has a J-shape (increasing returns) relationship with firm performance; however, when entrepreneurial orientation is high, customer relationship orientation has an inverted U-shape relationship. JEL Classification: M3 Marketing and Advertising [ABSTRACT FROM AUTHOR]

Despite the numerous contributions from farm entrepreneurship to economic development, including food security and rural poverty alleviation, most farm enterprises often fail due to institutional challenges in developing countries. Based on this perspective, the study investigates the effect of different institutional contexts, such as regulatory, normative, and cognitive institutions, on the performance of farm enterprises. The study further evaluates the mediating role of farm Entrepreneurial Orientation (EO) in the Institution-Venture performance relationship. We employ the PLS-SEM technique to analyze data collected from 371 farm enterprises in Ghana. The findings from the study emphasize that Regulatory, Normative, and Cognitive institutions have positive and significant indirect effects on farm business performance through the partial mediating role of EO. While regulatory and normative institutions have a negative direct effect on farm venture performance, the results show that cognitive institutions have positive and significant effects on farm business performance. The study confirms the positive and significant impacts of institutions on farm-level EO. The findings imply that farm entrepreneurship can be improved by strengthening regulatory, normative, and cognitive institutions to offer conducive support for farm businesses in developing countries. [ABSTRACT FROM AUTHOR]

Entrepreneurial orientation (EO) is an important construct in the fields of management and entrepreneurship research. Interest in EO knowledge continues to thrive with a burgeoning research agenda in multiple contexts and with diverse implications. However, a subset of this research, which endeavors to apply the EO construct to explain or predict individuals' entrepreneurial beliefs and behaviors, has met with resistance. This paper examines the case for EO at the individual level (Ind.EO). We consider the EO legacy concerns, and the various theoretical implications and benefits of doing so. Drawing upon an "EO as a family of constructs" framework, we propose paths forward for studying Ind.EO credibly, consistent with, but distinct from, traditional firm-level EO. Finally, we outline a research agenda and discuss the contributions and potential implications for Ind.EO research across the wider entrepreneurship discipline. [ABSTRACT FROM AUTHOR]

Entrepreneurial orientation (EO) can generate substantial gains and losses, exhausting firm resources and straining a firm's ability to sustain its activities. We develop and test a resource exhaustion theory of firm failure, conceptualizing conditions under which EO increases the risk of firm failure by generating unsustainable amounts of entrepreneurial entropy. Using panel data on 804 large U.S. high-technology firms over 18 years, we find that EO increases the risk of firm failure, which is mediated by the lack of organizational resource slack. An abrupt change in EO increases the risk of firm failure, especially among underperforming firms. [ABSTRACT FROM AUTHOR]

EO literature suggests that the effects of entrepreneurial orientation (EO) on performance is affected by studying context. There is a lack of study executed in transitional economies. In addition, the mediating role of differentiation advantages (DA) and innovation capability (IC) on the relationship between EO and performance remains underexplored. Thus, drawing upon resource-based view and contingency theory, this study examines the mediating effects of DA and IC on this relationship in the contexts of manufacturing SMEs located in Vietnam. A sample of 176 manufacturing SMEs currently operating in Vietnam was analyzed. Partial least square structural equation modeling was applied to test the hypotheses. The results indicate that DA and IC fully mediate the relationship between EO and performance. These findings permit four theoretical contributions to the literature. First, this study contributes to the EO literature by examining the effects of EO in a transitional economy as Vietnam. Second, this study also overcomes prior EO studies in term of the operationalization of the performance. Third, this study introduces to EO literature two novel mediators such as DA and IC. Last but not least, this study it also contributes to contingency theory in EO study by addressing mediating rather moderating effects. Regarding to practical implications, managers of manufacturing SMEs should aware that adopting EO is only beneficial to the performance when EO can be used to develop DA and IC. [ABSTRACT FROM AUTHOR]

This study draws on the notion of entrepreneurial orientation-as-experimentation to investigate the relationship between entrepreneurial orientation (EO) and firm failure. For the context of newly public firms after their initial public offering, we hypothesize that EO reduces firm failure particularly in specific configurations of EO, working capital efficiency, and technological turbulence. In a sample of 2578 firms that went public between 1997 and 2018, we find support for this configurational perspective. We contribute to the entrepreneurship literature by showing that the relationship between EO and firm failure needs to be understood in the context of organizational and environmental factors. [ABSTRACT FROM AUTHOR]

This article explores the role of stewardship practices related to entrepreneurial leadership in turning entrepreneurial orientation (EO) into family firm performance while considering its environmental context. Family business research has not fully investigated how the EO–financial performance relationship depends on configurations of internal and external factors which establish strategic fit. We argue that family firms can overcome the often-highlighted paternalism-entrepreneurship paradox by employing stewardship practices related to entrepreneurial leadership (internal factor), which in turn can help them leverage strategic fit between EO and dynamic environments (external factor). The results of a survey of 162 Austrian small and medium-sized family enterprises (family SMEs) show that family SMEs can only profit from EO under certain configurations of internal and external factors. Employing stewardship practices related to entrepreneurial leadership turns out to be an efficient and necessary condition for transforming EO into performance. Environmental dynamism is, furthermore, a double-edged sword facilitating and impeding the transformation of EO into performance. These findings contribute to existing research by shedding light on the role of stewardship practices in establishing strategic fit in entrepreneurial family firms. [ABSTRACT FROM AUTHOR]

While entrepreneurial orientation (EO) correlates with many organizational phenomena, we lack convincing evidence of causal relationships within EO's nomological network. We explore the challenges to establishing causal relationships with a systematic review of EO–performance research. We then use a simulation to illustrate how popular research designs in EO research limit our ability to make causal claims. We conclude by outlining the research design considerations to move from associational to causal EO–performance research. Our message is that while experiments may not be practical or feasible in many areas of organizational research, including EO, scholars can nevertheless move towards causal understanding. [ABSTRACT FROM AUTHOR]

Despite the increasing relevance of entrepreneurial orientation (EO) for innovation performance in the context of small and medium enterprises (SMEs), few studies examine the complexity of the underlying mechanism that explains the relationship between EO and innovation performance. Drawing on the resource-based view (RBV) and signalling theory, we examine an organisation-level model to explain how SME EO predicts innovation performance through human resource management (HRM) practices and collective organisational engagement (COE). We used data collected from 186 human resource managers and 526 employees in SMEs. The results indicate that HRM practices and COE sequentially mediate the relationship between EO and innovation performance. To complement studies that identify an organisation's micro processes (i.e. employee behaviours as mediators between EO and innovation), this study highlights the need to examine macro processes occurring at the organisation level to account for the EO–innovation performance relationship. [ABSTRACT FROM AUTHOR]

This article critically analyses entrepreneurial orientation (EO) in family firms after a major crisis, to investigate how firms with equal initial levels of EO reach different levels over time. Based on two alternative hypotheses (stability and convergence), we analysed whether the EO of family firms remains intact, strengthens, or weakens after a crisis. Based on an examination of a database of 151 family firms collected in 2004 and 2017, our findings reveal that compared to firms with higher pre-crisis EO levels, those with lower levels saw a larger increase post crisis. Furthermore, unlike the latter group, the former was able to maintain high pre-crisis levels even after the crisis. In addition, we also we found this relationship between pre-crisis and post-crisis EO levels to be influenced by two key periodic discontinuities, namely, organisational decline and generational change contingencies. These findings advance our understanding of temporal aspects of EO and heterogeneous entrepreneurial behaviour among family firms with significant implications for both theory and practice. [ABSTRACT FROM AUTHOR]

In the age of digitalization, big data analytics capabilities are considered one of the most critical organizational resources. Many organizations make considerable investments in these resources with an intention to improve their agility. However, the mechanism to reap agility from big data analytics still requires extensive empirical research and analysis. This study extends the big data analytics model by examining the mediating effects of entrepreneurial orientation between big data analytics capabilities and organizational agility. Partial least squares-structured equation modeling (PLS-SEM) was used to analyze the responses collected from 104 firms in Jordan. Results demonstrate that entrepreneurial orientation explains the relationship between big data analytics capabilities and agility. This finding contributes to the management literature by showing that big data analytics capabilities may enhance firm entrepreneurial orientation. While much of the prior research conceptualized the entrepreneurial orientation of the firm as a static characteristic, the current study argues that big data analytic capabilities play a key role in developing organizational agility through its role in improving entrepreneurial orientation, which subsequently creates value for firms, their customers, and the other stakeholders. Finally, challenges and future scope pertaining to this study are discussed. Recommendations for future studies on this promising topic include the use of longitudinal designs and mixed methods (quantitative with qualitative) approaches to provide researchers with new insights. [ABSTRACT FROM AUTHOR]

The future of the field of entrepreneurship is bright primarily because of the many research opportunities to make a difference. However, as scholars how can we find these opportunities and choose the ones most likely to contribute to the literature? This essay introduces me-search and a special issue of research-agenda papers from leading scholars as tools for blazing new trails in entrepreneurship research. Me-search and the agenda papers point to the importance of solving a practical problem; problematizing, contextualizing, and abstracting entrepreneurship research; and using empirical theorizing to explore entrepreneurial phenomena. [ABSTRACT FROM AUTHOR]

Research has shown that entrepreneurial orientation (EO) is positively associated with performance, but several context-specific features and contingencies affect this relationship. Accordingly, this article focuses on the specific context of family firms (FFs) and introduces top management team (TMT) faultlines as moderators. The main findings, obtained on a sample of 111 medium- and large-sized FFs, suggest that strong identity-based faultlines (IBFs) negatively moderate the EO–FF performance relationship, even within TMTs that are comprised only of family members, which are often viewed as homogeneous teams. Conversely, strong knowledge-based faultlines (KBFs) amplify the positive effect of EO on FF performance. [ABSTRACT FROM AUTHOR]

Innovation ambidexterity is especially complex for young technology-based firms because they are resource-challenged and knowledge deficient in strategic terms; but they possess considerable scope for entrepreneurship. Strategic entrepreneurship may provide a solution. Incubators emerged as a policy solution precisely due to this dilemma. We conceptualise that strategic entrepreneurship, as a synthesis of opportunity-seeking and advantage-seeking behaviours of young technology-based firms, can affect both explorative and exploitative innovation activities in these firms and expect that subsequent innovation ambidexterity affects profitability. Our empirical analyses reveal complex and competing interrelationships that both ease and exacerbate the tensions associated with innovation ambidexterity. We contribute to theory by testing strategic entrepreneurship as it applies to innovation ambidexterity and evidence behaviours that contribute to its foundations. To entrepreneurs and managers, we offer a set of prescriptions for innovation ambidexterity in young firms that accounts for the complementarities between complex and theoretically opposing constructs. [ABSTRACT FROM AUTHOR]

Recently, scholars have started to investigate the relationship between ADHD (Attention Deficit Hyperactivity Disorder) symptoms and entrepreneurship, finding that ADHD symptoms positively impact entrepreneurial intention and action. However, the performance implications of ADHD symptoms are still unknown. Using two samples of entrepreneurs from the United States and Spain, we find evidence that impulsive and hyperactive symptoms of ADHD are largely conducive to firm performance through entrepreneurial orientation (EO) while inattention symptoms are not. This suggests that the performance advantages of entrepreneurs ADHD symptoms can be derived from greater focus on innovation, proactiveness, and risk-taking. We discuss the implications of our findings for the entrepreneurship literature. [ABSTRACT FROM AUTHOR]

We posit that environmental hostility exhibits an inverse U-shaped relationship with a firm's entrepreneurial orientation. We suggest a nuanced perspective on the threat rigidity argument that firms generally retrench from entrepreneurial capital allocation behaviors as hostility increases. We argue that firms are likely to act opportunistically and increase EO, but only to the point where the marginal costs of such activity outweigh the marginal benefits, at which point EO drops precipitously. Analyzing 60,440 observations from 6,481 firms across 373 industries from 1998 through 2017, our results indicate that EO exhibits a generally negative relationship with environmental hostility. Further, we examine a potential moderating influence of recoverable slack on the hostility–EO relationship, arguing that recoverable slack represents a meaningful buffer on behavioral change stemming from changing environmental hostility. [ABSTRACT FROM AUTHOR]

Through a survey-based study of 761 franchisees from four countries, the United States, the United Kingdom, France and Spain – this research examines how a franchisee's entrepreneurial personality traits affects the financial and relational performance of franchise units. While there is consensus that franchisee characteristics are important for successful franchise networks, there is a long-standing debate within the franchise literature as to the status, and indeed desirability, of franchisees as entrepreneurs. First, we consider how the personality traits of proactivity, innovativeness and locus of control influence the manifestation of entrepreneurial behaviours within the franchise unit, and both the direct and indirect relationships with unit performance. Second, we explore these relationships in two contexts, one associated with high entrepreneurial values (the United States and the United Kingdom) and another with low entrepreneurial values (France and Spain) to determine if the results are consistent across cultures which value entrepreneurship differently. The results suggest that franchisee performance, in terms of both financial performance and relationship quality, are indirectly enhanced by a proactive disposition, mediated by entrepreneurial behaviours. A direct positive relationship was found between locus of control and performance outcomes, but interestingly, franchisees with more innovative personalities performed less well financially. The relationships between franchisee personality, entrepreneurial orientation (EO) and performance were found to be largely consistent across the two cultural groups. [ABSTRACT FROM AUTHOR]

This study examines the role of entrepreneurial orientation (EO) and collaborative engagement on the performance of rural economic development organizations. The authors theorize that an organization's EO and collaborative engagement, determined by levels of active engagement within a regional collaboration network, impact its ability to accomplish its goals, satisfy its stakeholders, and influence regional economic development. The authors' analysis of data from 98 collaborating economic development organizations operating in the economically distressed region of eastern Kentucky shows that EO and collaborative engagement are positively associated with performance. This study provides actionable insights for leaders of economic development organizations seeking to improve their operations. [ABSTRACT FROM AUTHOR]

We contribute to the organizational aspirations and corporate venturing literature by theorizing and testing (a) the influence of a firm's idiosyncratic strategic posture on behavioral responses to performance attainment discrepancies, and (b) that performance feedback may influence multifaceted yet thematically related forms of search. Specifically, we examine the influence of performance feedback on equity-based external corporate venturing. We then propose that a firm's entrepreneurial orientation (EO) is a critical contingency when theorizing about how firms respond to attainment discrepancies. Our findings indicate that a firm's EO is an important contingency when considering behavioral responses to attainment discrepancies. [ABSTRACT FROM AUTHOR]

Research on entrepreneurial organizations has grown rapidly over recent decades. However, prior research has developed different ways to conceptualize entrepreneurial organizations, resulting in an ongoing discussion and a highly complex body of research, thus hindering the evolution of the literature. To improve our understanding of the structure and content of the field, we provide a synthesis of these conceptualizations and how they are reflected in the literature through a bibliometric analysis. Our findings uncover research topics and theoretical foundations of the field and how certain conversations pursue them through different conceptualizations. Building on our results, we identify future research opportunities. [ABSTRACT FROM AUTHOR]

This study examines the role of national culture on the entrepreneurial orientation (EO) rhetoric contained within franchisee recruitment promotional materials, where EO rhetoric is defined as the strategic use of words in organizational narratives to convey the risk taking, innovativeness, proactiveness, autonomy, and competitive aggressiveness of the firm. The sample comprised 378 franchise organizations, in five different countries (Australia, France, India, South Africa, and the UK). The results indicate that franchise systems operating in high uncertainty avoidance and feminine cultures use less entrepreneurially oriented rhetoric, suggesting that EO rhetoric in franchise organizations varies according to different national cultural contexts. [ABSTRACT FROM AUTHOR]

Drawing on family firm heterogeneity research, we develop a typology of family firms using differences in family influence and firm life cycle. We offer hypotheses regarding the relationships between the different firm types and two important outcomes: Entrepreneurial orientation (EO) and performance. Applying latent profile analysis to a sample of 684 Spanish and Portuguese family firms using variables related to family influence (i.e., ownership, family CEO) and firm life cycle (i.e., generational management, size, and presence of board of directors), we find four family firm types, which differentially affect EO and performance. Implications of our findings for EO, family firm performance, and the development of family firm typologies are discussed. [ABSTRACT FROM AUTHOR]

Building on the entrepreneurial orientation (EO) literature, we investigate the relationship between family firm performance and autonomy, a key EO dimension. To enhance the understanding of the role of autonomy, we compare the joint impact of environmental dynamism and national cultural context (performance-based vs socially supportive cultures) on the autonomy–performance relationship of family firms in the United States and Taiwan. Using a configurational approach and data from 130 family firms (53 in the US and 77 in Taiwan), we found that in dynamic environments, autonomy is associated with improved performance in the United States, while in Taiwan, firms in dynamic environments fared worse with increasing autonomy. We discuss the implications of these findings and provide recommendations for future research. [ABSTRACT FROM AUTHOR]

The last few years have witnessed a significant increase in academic research examining entrepreneurial orientation (EO), with scholarship on this topic being regularly published internationally. This special issue addresses the need to develop a deeper understanding of EO in the global context. Globalisation and the growing popularity of entrepreneurship worldwide have motivated interest in understanding the manifestation and application of EO in diverse socio-cultural contexts. It is our hope that this special issue helps illuminate and advance important areas of study in the international and cross-cultural EO literature, especially those that have remained under-examined thus far. We believe that the impact of future research on EO within international contexts depends upon the ability of the scholars to build upon past research. As it happens, this special issue is a celebration of the 30-year anniversary of the foundational work of Covin and Slevin that paved the way for the systematic investigation of EO. [ABSTRACT FROM AUTHOR]

This study contributes to the existing literature regarding the relationship between culture and entrepreneurship. Building upon the precepts of institutional theory, we examine the influence of organisational culture on firm-level entrepreneurial orientation. While entrepreneurship researchers have emphasised the importance of entrepreneurial orientation for firms, the influence of organisational culture in supporting the incidence of entrepreneurial orientation has not been adequately studied. In an effort to contribute to this emergent area of inquiry, we consider the role of two key dimensions of organisational culture − individualism and collectivism – in facilitating entrepreneurial orientation. In doing so, we illustrate the utility of adopting an orthogonal conceptualisation of these cultural dimensions rather than the commonly held unidimensional formulation. We use polynomial regression and response surface methodology to investigate the effects of both dimensions of organisational culture on entrepreneurial orientation. Using Korea as the main context of the study, we support our hypotheses using data collected from 406 Korean small- and medium-sized enterprises. [ABSTRACT FROM AUTHOR]

This article extends knowledge of entrepreneurial orientation (EO) by examining EO in the context of international performance of small- and medium-sized enterprises (SMEs). We enhance understanding of foreign market entry of SMEs by taking into account the mediating mechanisms (i.e. networking capability and experiential learning) through which firm EO leads to superior performance across borders. A sample of 164 internationalising SMEs in New Zealand supported the direct impact of EO on international performance as well as the mediating role of experiential learning and networking capability in this focal relationship. These findings reveal the importance of EO in internationalisation of SMEs. [ABSTRACT FROM AUTHOR]

In this study, we examine new drivers that generate a disposition toward entrepreneurial activity in family firms and how the strategic involvement of the board of directors (SIBD) moderates the relationships between these drivers (image of the firm, willingness to change, and access to financial resources) and entrepreneurial orientation (EO). Using a sample of 230 family small and medium-sized enterprises (SMEs), our results confirm that a good family firm image and willingness to change may be powerful tools that stimulate a firm to develop entrepreneurial activities. The negative relationship between access to financial resources and EO may relate to the false belief that financial resources help firms be more creative and to maintaining family control of the firm and the socioemotional endowment. Contrary to our expectations, we also find that the SIBD negatively influences the relationship between the above drivers and EO, pointing to the need for more open boards of directors in family SMEs in order to develop and implement entrepreneurial strategies.JEL Classification: L2, M1 [ABSTRACT FROM AUTHOR]

Research on the topic of entrepreneurial orientation (EO) continues to proliferate. Nonetheless, the conceptualization and measurement of this construct are matters of ongoing discussion and debate, and construct-specific advice with respect to the generation high value-added EO research is sparse. This editorial is aimed at providing guidance to EO researchers in three areas: (a) EO's conceptualization(s) and position as they relate to the larger set of corporate entrepreneurship-related constructs, (b) EO's measurement challenges and possibilities, and (c) suggested guidance and directions for future EO research. [ABSTRACT FROM AUTHOR]

Despite several calls for the further study of entrepreneurial orientation in family firms, we still have a fragmented understanding of this topic, whose full potential has yet to be reached. To shed new light on this issue, this article first maps the family business field by carrying out a systematic review and content analysis of the 78 articles identified at the confluence of entrepreneurial orientation and family firms. Our study describes and critically assesses previous research as well as the conclusions reached. Second, this article identifies the main research gaps and provides a path for future investigations. [ABSTRACT FROM AUTHOR]

Computer-aided text analysis (CATA) is a form of content analysis that enables the measurement of constructs by processing text into quantitative data based on the frequency of words. CATA has been proposed as a useful measurement approach with the potential to lead to important theoretical advancements. Ironically, while CATA has been offered to overcome some of the known deficiencies in existing measurement approaches, we have lagged behind in regard to assessing the technique’s measurement rigor. Our article addresses this knowledge gap and describes important implications for past as well as future research using CATA. First, we describe three sources of measurement error variance that are particularly relevant to studies using CATA: transient error, specific factor error, and algorithm error. Second, we describe and demonstrate how to calculate measurement error variance with the entrepreneurial orientation, market orientation, and organizational ambidexterity constructs, offering evidence that past substantive conclusions have been underestimated. Third, we offer best-practice recommendations and demonstrate how to reduce measurement error variance by refining existing CATA measures. In short, we demonstrate that although measurement error variance in CATA has not been measured thus far, it does exist and it affects substantive conclusions. Consequently, our article has implications for theory and practice, as well as how to assess and minimize measurement error in future CATA research with the goal of improving the accuracy of substantive conclusions. [ABSTRACT FROM AUTHOR]

The discovery and deployment of human capital are overlooked topics in entrepreneurship research. Professional sport can illuminate these phenomena as sport directors take huge risks in innovating rosters. Our longitudinal analysis of the Italian Serie A investigated if sport directors with greater entrepreneurial orientations toward the acquisition of new players outperformed rivals. While soccer organizations with better roster quality and accomplished managers achieved superior rankings, the acquisition of new players had nonsignificant effects and was moderated negatively by accomplished managers. We argue that entrepreneurs risk with ''too many'' talents while conformity mechanisms attenuate the entrepreneurial opportunities offered by human capital. [ABSTRACT FROM AUTHOR]

Research on entrepreneurial orientation (EO) has mainly addressed outcomes of EO at the level of the firm. However, few studies have examined how EO affects employees. Using a multi-level analysis of 343 employees nested in 25 small and medium-sized enterprises (SMEs) the analysis presented shows that EO will increase the degree of role ambiguity among employees. Social support from management was not found to have any effect on the relationship between EO and role ambiguity. However, social support from co-workers weakens the EO-ambiguity relationship and can counteract the negative effects of EO to some degree. The study contributes to the EO literature by being one of a few studies that have considered the possible negative consequences of EO. The article also highlights how to reduce role ambiguity in entrepreneurial SMEs. [ABSTRACT FROM AUTHOR]

This study explores the question of whether—and under which circumstances—family involvement helps avoid business failure. We hypothesize that it is family involvement in management, rather than ownership, which reduces the risk of failure during economic downturns; however, this effect is negatively affected by the firm’s entrepreneurial orientation (EO). We argue that EO hinders reaching consensuses on and commitment to family-centered goals, which are focused on long-term survival. We analyze 369 manufacturing firms in Spain from 2007 to 2013, and find that family involvement in management reduces the risk of business failure, but this effect decreases as EO increases. [ABSTRACT FROM AUTHOR]

This article explores entrepreneurial orientation (EO); this notion has received considerable theoretical and empirical attention in organizational research, emerging as one of the most widely accepted firm-level constructs in the literature. As knowledge in this area has expanded, researchers have delved into the contextual factors that influence the relationship between EO and organizational performance. With the goal of better understanding the circumstances under which pursuing entrepreneurial strategies result in favourable performance outcomes, this article investigates the EO–performance relationship among small- and medium-sized enterprises (SMEs) in India. Data collected from 198 Indian SMEs revealed a strong positive linkage between EO and firm performance. Environmental contingencies – demand growth and competitive intensity – were theorized and found to have a moderating influence on the EO–performance relationship. Implications and directions for future research are discussed. [ABSTRACT FROM AUTHOR]

This article illustrates how the proactivity/innovativeness dimension of entrepreneurial orientation (EO) influences how small and medium-sized enterprises (SMEs) search for information on public sector tender opportunities and their subsequent bidding activity. From an analysis of the contemporary literature and our findings, we demonstrate how successful SME participation in public procurement can be encouraged and increased. [ABSTRACT FROM AUTHOR]

This article explores the philanthropy of owner–managers of small- and medium-sized enterprises (SMEs) investigating whether and why more entrepreneurially oriented SMEs are also more likely to engage in philanthropic activities. We find support for a positive link between entrepreneurial orientation (EO) and philanthropy in a representative sample of 270 Lithuanian SMEs controlling for alternative explanations. We highlight that philanthropy is relatively common among SME owner–managers and thus complement existing research which views philanthropy as sequentially following wealth generation. In line with our theorizing, further qualitative findings point to drivers of philanthropy beyond those considered in the dominant strategic-instrumental perspective. Building on social-psychological theories of motivation, we argue and confirm that philanthropy can also be an expression of owner–managers’ altruistic values; these values can be compatible and even mutually reinforcing with entrepreneurship. Our study is set in a transition economy, Lithuania, facilitating the analysis of heterogeneity in attitudes toward philanthropy. [ABSTRACT FROM AUTHOR]

Extant research has shown that firms with high levels of entrepreneurial orientation (EO) outperform competitors. The present study sheds light on this performance relationship in large, publicly listed high-tech firms by examining whether the strength of this relationship depends upon the CEO’s narcissism, an executive personality trait recently debated controversially in both academic and practitioner publications. A theoretically derived research model is empirically validated by means of multisource secondary data for 41 S&P 500 firms from 2005 to 2007. Findings indicate that narcissistic CEOs usually weaken the EO-performance relationship, although the opposite is true under some conditions, such as in highly concentrated and dynamic markets. [ABSTRACT FROM AUTHOR]

This review article analyzes and synthesizes key research on the topic of entrepreneurial orientation (EO) in a scholarly effort to provide an integrative guide which enables researchers to more readily assimilate influential works on EO and thereby more productively contribute to the ever-evolving EO conversation in the literature. The article reviews and synthesizes promising directions in the EO research domain from a variety of perspectives, including how EO is manifest, how building on the Miller/Covin and Slevin conceptualization facilitates knowledge accumulation, which theories have been suggested as relevant to advancing the EO conversation, EO model building directions including the demand for longitudinal research, measurement considerations and implications, and the enduring unanswered call for qualitative research. [ABSTRACT FROM AUTHOR]

This article analyses the effect of entrepreneurial orientation (EO) on organizational learning (OL) in small and medium-sized enterprises (SMEs) and the role of business/university engagement on the relationship between these two constructs. A cross-sectional research design, drawing upon a postal questionnaire survey, was employed to collect data from a sample of 206 UK SMEs. The results obtained from both the regression and moderated regression analyses revealed that EO positively impacts the level of OL in SMEs. In addition, business/university engagement was found to be a significant moderator in this relationship. These findings provide important academic, practitioner, and policy implications. [ABSTRACT FROM AUTHOR]

This article examines the dark side of the entrepreneurial orientation–market orientation interplay, and introduces consumer learning to the research stream. In a sample of 206 mid-sized manufacturing firms, the study shows that entrepreneurial orientation has a positive impact on new product development performance, but the effects are reduced when firms simultaneously implement a market orientation philosophy. While having both an entrepreneurial orientation and market orientation philosophy may hinder new product development performance, the article examines how a high market orientation may help reduce consumer learning and enhance the adoption of radical new products. [ABSTRACT FROM AUTHOR]

Prior studies demonstrate the role of various facets of CEOs’ individual characteristics in shaping a firm’s entrepreneurial orientation (EO). We complement this line of research by theorizing and testing the impact of CEOs’ social capital on EO. From an original, multisource survey data set of 122 Chinese technology firms, we find that a CEO’s bonding social capital with organizational members from various functional units has an inverted U-shaped relationship with firm EO, while the CEO’s bridging social capital with the firm’s diverse set of external stakeholders has a positive association with EO. In addition, we find that the relationship between CEO bridging social capital and EO becomes stronger as the firm’s environmental instability increases. [ABSTRACT FROM AUTHOR]

This article examines the intermediary role of internal knowledge-sharing in the relationship between two aspects of small and medium-sized enterprises’ (SMEs) internal organisational context: structural and relational interdependence and their entrepreneurial orientation (EO). With a sample of 146 SMEs, the structural equation modelling results show that higher levels of internal knowledge-sharing associate with stronger EO, and that such knowledge-sharing derives from higher levels of task and reward interdependence, as well as from higher levels of social interaction and trust. The findings also reveal that internal knowledge-sharing fully mediates the relationships between SMEs’ task interdependence and trust with EO. The article contributes to research by highlighting several features of SMEs’ internal environment that can be used to enhance their entrepreneurial postures. [ABSTRACT FROM AUTHOR]

It has been well over a decade since Lumpkin and Dess first suggested new entry to represent the principal outcome of an entrepreneurial orientation (EO). Yet, little consideration has been given to the implications of conceptualizing new entry as a phenomenon distinct from EO. This article draws attention to inconsistent assumptions concerning the role of new entry across the two dominant conceptualizations of EO, discusses empirical challenges with exploring new entry as an outcome of EO, and provides a longitudinal test of the causal chain linking EO to future new entry behaviors and eventual performance outcomes. [ABSTRACT FROM PUBLISHER]

Extant research has shown that entrepreneurial orientation (EO) is positively associated with firm performance, but several contingencies affect the strength of this relationship. This article uses insights from the resource-based view and upper echelons perspective to introduce top management’s transformational leadership behaviors as moderators in the EO–performance relationship. The theoretically derived model is tested using survey data obtained from 790 small-and medium-sized firms in six countries. Findings indicate that, regardless of national setting, four transformational behaviors—articulating a vision, providing an appropriate model, having high performance expectations, and showing supportive leader behavior—positively affect the relationship between EO and firm performance. Further, the performance consequences of EO are greater when top management adheres to a configuration characterized by the highest possible levels of transformational behaviors. Implications and directions for future research are discussed. [ABSTRACT FROM PUBLISHER]

This article explores how individual entrepreneurial orientation dimensions influence the relationship between competitive strategy and firm performance. The findings show the different impacts of individual entrepreneurial orientation dimensions on competitive strategy and the effects of cost leadership and differentiation on performance. Innovativeness is related most highly to differentiation strategy. Risk-taking and competitive aggressiveness are negatively associated with both differentiation and cost leadership strategies. Both differentiation and cost leadership strategies are positively related to performance. This study refines our understanding of the effects of entrepreneurial orientation on small firm performance. [ABSTRACT FROM AUTHOR]

This article aims to understand how the entrepreneurial orientation (EO) of the franchise system may impact franchisor–franchisee relationship quality, given the conflicting forces for standardization/uniformity and franchisee desire for autonomy. A cross-sectional research design, involving a mail questionnaire survey, was employed to collect data from a sample of franchisors operating in the UK. The hypotheses specified in the study were tested using regression (including moderated regression) analyses. The results revealed that EO was significantly and positively related to relationship quality (as perceived by the franchisor). In addition, the recruitment of entrepreneurial franchisees was found to have a positively significant impact on relationship quality. The structural support systems used by franchisors to encourage franchisee entrepreneurial activities were not found to moderate the relationship between EO and relationship quality. The results suggest that systems with EO and entrepreneurial franchisees may enjoy better relations. [ABSTRACT FROM PUBLISHER]

Entrepreneurial orientation (EO) is one of the most widely accepted firm-level constructs in the literature. The present study provides a comprehensive qualitative review and evaluation of the empirical EO literature. It finds that EO research has made considerable strides in recent years and is accelerating and broadening, although notable biases and inconsistencies in variable choice and model specification remain. The article sheds light on the popularity of Miller’s unidimensional conceptualization of EO, as well as the rise in multidimensional explorations of the phenomenon. It concludes with a discussion of the implications of the study’s findings for EO-related research and practice. [ABSTRACT FROM PUBLISHER]

This article examines the effects of managerial practice and philosophy variables – high-performance work systems (HPWS) and partnership philosophy – on the relationship between entrepreneurial orientation (EO) and sales growth. The results from a sample of 119 young high-technology firms indicate a non-significant relationship between EO and firm growth. However, firms combining HPWS or partnership philosophy with EO realized significantly higher levels of growth. Specifically, the results suggest that the promise of EO as a means of enhancing the growth trajectories of young firms depends on the extent to which these organizations embrace and establish certain human resource practices and philosophies. [ABSTRACT FROM PUBLISHER]