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A strategic entrepreneurship framework for an emerging economy: reconciling dynamic capabilities and entrepreneurial orientation

Muhammad Bilal Mustafa (Faculty of Business, Law and Social Sciences, Birmingham City University, Birmingham, UK and University of Central Punjab, Lahore, Pakistan)
Irfan Saleem (Faculty of Business, Sohar University, Sohar, Oman, and University of Central Punjab, Lahore, Pakistan)
Mir Dost (Faculty of Business, Sohar University, Oman and Department of Business Administration, Sukkur IBA University, Sukkur, Pakistan)

Journal of Entrepreneurship in Emerging Economies

ISSN: 2053-4604

Article publication date: 18 October 2021

Issue publication date: 1 December 2022

242

Abstract

Purpose

This study aims to use dynamic capability theory to investigate the effect of entrepreneurial orientation and dynamic capabilities (DC) on the firm’s entrepreneurial performance through strategic entrepreneurship (SE).

Design/methodology/approach

To address the research objective, the authors obtained data from larger organisations operating in an emerging Pakistani economy.

Findings

Findings reveal that, in emerging markets, DC are essential elements that influence the organisation’s opportunity-seeking and advantage-seeking behaviours to ensure the firm’s entrepreneurial performance.

Research limitations/implications

The present study implies that training is needed for the managers and team leaders of emerging market corporates to think entrepreneurially by revising the strategic goals of the corporate.

Practical implications

SE-based executive training should also be compulsory for the top management teams, including the board of directors for larger firms.

Social implications

SE is a critically important business concept and should be taught in the emerging market’s business schools as a course at the graduate level.

Originality/value

This paper strengthens entrepreneurship literature by using a unique context of an emerging market and suggests a unique SE-based framework for the firms operating in emerging markets.

Keywords

Citation

Mustafa, M.B., Saleem, I. and Dost, M. (2022), "A strategic entrepreneurship framework for an emerging economy: reconciling dynamic capabilities and entrepreneurial orientation", Journal of Entrepreneurship in Emerging Economies, Vol. 14 No. 6, pp. 1244-1264. https://doi.org/10.1108/JEEE-03-2021-0119

Publisher

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Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

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