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1 – 10 of over 1000Sanna Sundqvist, Kalevi Kyläheiko, Olli Kuivalainen and John W. Cadogan
The purpose of this paper is to shed light on the mechanisms by which entrepreneurial‐oriented behaviours (EOB) enhance international business performance. In so doing, the…
Abstract
Purpose
The purpose of this paper is to shed light on the mechanisms by which entrepreneurial‐oriented behaviours (EOB) enhance international business performance. In so doing, the authors demonstrate that different dimensions of EOB may need to be emphasized or dampened, depending on the environmental conditions facing the firm.
Design/methodology/approach
A survey of 783 Finnish exporters is undertaken, and the relationships between the dimensions of EOB and business performance are assessed.
Findings
It is found that Kirznerian manifestations of EOB have stronger positive relationships with export profits when markets are relatively stable, whereas Schumpeterian manifestations of EOB have stronger positive relationships with export profits when markets are more dynamic.
Research limitations/implications
The study has implications for researchers studying multidimensional strategic orientations. The approach adopted is novel, in that instead of adopting a fully aggregated or fully disaggregated approach to the study of a strategic orientation, the authors use a theoretically derived partial aggregation approach. As a result, EOBs are grouped into two kinds, and the latter are shown to behave differently with respect to relationships with performance outcomes. The study limitations include single source data and its cross‐sectional design.
Practical implications
When markets are relatively stable, businesses need to emphasize the Kirznerian manifestations of EOB (i.e. display high levels of competitive aggressiveness and proactiveness) and downplay Schumpeterian manifestations of EOB (i.e. reduce innovativeness, risk taking and autonomy). However, in highly dynamic markets, managers should focus on Schumpeterian manifestations of EOB at the expense of Kirznerian EOB.
Originality/value
This paper introduces Schumpeterian and Kirznerian entrepreneurial behavior in an international marketing context, and analyses the effects of these activities on international performance under varying levels of environmental turbulence.
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Birton Cowden and Jintong Tang
This chapter provides a theoretical evaluation of entrepreneurial orientation (EO) to demonstrate some of its current shortcomings for being a construct to categorize…
Abstract
This chapter provides a theoretical evaluation of entrepreneurial orientation (EO) to demonstrate some of its current shortcomings for being a construct to categorize entrepreneurial firms. To do this, we explore all the facets of how a firm can be entrepreneurial and the nuances of how firms can differ in their entrepreneurial approach, which EO currently does not capture. We argue that while EO’s rise in popularity stems from its simplicity, this simplicity has provided it with longevity challenges to keep up with evolving entrepreneurial behaviors within firms. We note these issues in hopes to extend the life of EO, and we provide future recommendations on how to put EO on that path.
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John Day, Paul Reynolds and Geoff Lancaster
The purpose of this paper is to suggest a framework for competing theories of entrepreneurship but to argue for transparency in one's attempts to understand this phenomenon. Then…
Abstract
Purpose
The purpose of this paper is to suggest a framework for competing theories of entrepreneurship but to argue for transparency in one's attempts to understand this phenomenon. Then to argue that, when matching small business advisers to small business, one should consider their entrepreneurial abilities and match as appropriate. A parsimonious method is suggested to measure entrepreneurial ability – divergent thinking.
Design/methodology/approach
A discussion of entrepreneurship and a proposed matrix that considers the relative entrepreneurial abilities of both partners and is then expanded to account for different decision scenarios.
Findings
A simple test for divergent thinking is suggested to measure entrepreneurship, applied to some hypothetical scenarios, and is supported by some broad evidence on the relationship between small businesses and commercial banks.
Research limitations/implications
At this stage a conceptual article but with real implications for managing SME and adviser relationships.
Practical implications
Should lead to a better understanding by both the SME and their advisers of what each party needs to contribute to ensure a successful outcome.
Originality/value
Provides a framework for classifying entrepreneurship and a different perspective on the SME and adviser relationship; suggests a different way from, say, traditional entrepreneurial orientation scales by which to measure entrepreneurial capacity of either the adviser or the SME.
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Arild Aspelund and Tage Koed Madsen
The study is based on reviews of the relevant parts of the IM and IE literatures. We only selected articles for review that explicitly deal with innovative or entrepreneurial…
There is an emerging recognition in the strategy field that differences in organization forms represent firms’ capability to gain benefit from investing in technology. This study…
Abstract
Purpose
There is an emerging recognition in the strategy field that differences in organization forms represent firms’ capability to gain benefit from investing in technology. This study has intention to add to this stream of research by proposing the technological turbulence (TT) as a primary contingency factor focussing on strategic orientation (SO) as main determinant of firm performance (FP). The purpose of this paper is to provide considerable suggestion on how to match SO with various level of TT.
Design/methodology/approach
This study uses quantitative approach with structural equation model to understand the moderating effect of information TT on the relationship between SO and FP. The 390 small and medium enterprises (SMEs) in Indonesia contributes to the research as randomly selected respondents.
Findings
The result shows how the TT influences managerial decision-making processes under an opportunity-based paradigm. However, SME managers face lack of capability to deal with high TT.
Research limitations/implications
This study uses cross-section data at the SMEs context in Indonesia.
Practical implications
This study suggest that the initiative to encourage SMEs to adopt information technology (IT) should consider the SME capability to utilize the IT.
Originality/value
The research gap challenges a question from previous literature on how long firms retain a given capability to deal with dynamic environment. This study has intention to add to the stream of research by proposing the information TT as a primary contingency factor focussing on SO as main determinant of FP.
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Marcello De Rosa, Luca Bartoli, Chrysanthi Charatsari and Evagelos Lioutas
The study aims to analyse patterns of innovation adoption among Italian female-owned farms, by evaluating the impact of innovation support services and entrepreneurial orientation…
Abstract
Purpose
The study aims to analyse patterns of innovation adoption among Italian female-owned farms, by evaluating the impact of innovation support services and entrepreneurial orientation on innovation adoption.
Design/methodology/approach
To explore both the entrepreneurial identity of women farmers and the role of innovation support services in boosting innovation, a questionnaire was administered to a sample of Italian women farmers. A multivariate analysis lets to classify the farms under the previous two perspectives.
Findings
The analysis reveals various patterns of innovation adoption, heavily depending on both the effectiveness of innovation support services and farmers' entrepreneurial orientation.
Research limitations/implications
The research analyses a sample of women farmers to excavate worlds of innovation among female-owned farms. Cross-gender comparisons can offer a more complete picture of the ways gender catalyses innovation adoption.
Practical implications
At a policy level, the results of our empirical analysis point out the need for gendering innovation analysis and for tailoring policy interventions to the different worlds of innovation that exist in rural Italy.
Social implications
The paper confirms the importance of deepening research on gender issues, with the purpose of fulfilling gender mainstreaming underlined in numerous policy documents at both the European and international levels.
Originality/value
The analysis represents a first attempt to join both the entrepreneurial identity of women farmers and the role of innovation support services in boosting innovation. Therefore, the paper fills a gap in the literature.
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Shu‐Jung Sunny Yang and Yanto Chandra
The aim of this paper is to offer agent‐based modelling (ABM) as an alternative approach to advance research in entrepreneurship. It argues that ABM allows entrepreneurship…
Abstract
Purpose
The aim of this paper is to offer agent‐based modelling (ABM) as an alternative approach to advance research in entrepreneurship. It argues that ABM allows entrepreneurship researchers (i.e. the designers) to find better ways in generating entrepreneurial outcomes by understanding alternative histories and examining a plausible future.
Design/methodology/approach
This paper begins with an overview of ABM, and discusses the shared conceptual foundations of entrepreneurship and ABM as the motives for the adoption of ABM as an appropriate methodology to study entrepreneurship. It offers a roadmap in using ABM approach for entrepreneurship research and illustrates this using a contemporary research question in entrepreneurship: the study of success/failure in business venturing.
Findings
This paper suggests the shared foundations between ABM and entrepreneurship as the basis for bringing the methodology and research domain closer. It offers a roadmap for advancing entrepreneurship research using agent‐based simulation approach and explains the contribution of ABM to further advance entrepreneurship research.
Originality/value
This paper addresses the methodological gap in entrepreneurship research and develops the argument for a wider adoption of ABM simulation approach to study entrepreneurship. It bridges the gap by examining the possibility of formalizing entrepreneurship processes by grounding an agent‐based model on empirical facts and generally‐accepted foundations of entrepreneurship. It offers a contribution to the literature by showing that ABM is a useful and appropriate methodological approach for entrepreneurship research in addition to the conventional variance and process approach.
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Lucas Casonato and Eduardo Angeli
The chapter aims to enhance the understanding of the development of Kirzner’s theory of entrepreneurship. To do so, elements in Kirzner’s works published up until 1973 that…
Abstract
The chapter aims to enhance the understanding of the development of Kirzner’s theory of entrepreneurship. To do so, elements in Kirzner’s works published up until 1973 that enclose the central points of this theory are studied. The chapter has four sections, in addition to the introduction and conclusion, that highlight the arguments that relate to Kirzner’s theory of entrepreneurship: (i) before the publication of his 1967 paper that presents the entrepreneurial function in the market process (1960–1967); between the 1967 paper and the publication of his most important book, Competition and Entrepreneurship, in 1973 (1967–1973); (iii) in Kirzner’s latest version of entrepreneurship theory as presented in his 1973 book; and (iv) the evolution of Kirzner’s thinking. The evolution of the author’s thinking regarding equilibrium and the entrepreneur is highlighted by presenting the different stages of his theory of entrepreneurship between 1960 and 1973.
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The purpose of this paper is to challenge the mainstream idea of “ethnically over‐socialised” migrant entrepreneurs, by embedding the concept of social capital in a framework…
Abstract
Purpose
The purpose of this paper is to challenge the mainstream idea of “ethnically over‐socialised” migrant entrepreneurs, by embedding the concept of social capital in a framework based on economic incentives and bounded rationality. In line with previous studies which develop on the mixed embeddedness approach, this paper seeks to provide a counterbalance to models which overestimate the importance of cultural factors and ethnicity and neglect the role of economic incentives in individual behaviour.
Design/methodology/approach
The study relies on 58 semi‐structured interviews with Turkish entrepreneurs, both first and second generation, conducted in Hamburg between October 2008 and January 2009.
Findings
The results present a perspective in which migrant entrepreneurs are first and foremost economic actors, who predominantly understand their ethnic social capital as a strategic, economic resource for action. The study illustrates that the phenomenon of migrant entrepreneurship can be understood only when accounting for both the external (contextual) environment and the internal limitations (search and communications costs, available information) which migrant entrepreneurs face. Within the framework of a bounded rationality approach, entrepreneurial outcomes can be viewed as a matter of optimisation under constraints.
Originality/value
Until now, a rather limited amount of studies have inquired whether and to what extent the social capital of migrant entrepreneurs can be seen as a matter of economic choice, rather than as an ethnic occurrence. By examining intergenerational changes this paper reveals the dynamic character of migrant entrepreneurship and calls for a more diversified approach when analysing this phenomenon.
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Sheng Huang, Yunxia Zhu, Kun Zhang and Zhenkuo Ding
The purpose of this paper is to critically review and synthesize the articles on determinants of international new venture (INV) performance to identify the research gaps in this…
Abstract
Purpose
The purpose of this paper is to critically review and synthesize the articles on determinants of international new venture (INV) performance to identify the research gaps in this area and develop a future research agenda.
Design/methodology/approach
Adopting a semi-systematic review approach with a fucus on using a vote-counting technique, this paper reviews 99 journal articles published between 1994 and 2019 to assess the determinants of INV performance.
Findings
The results indicate that the majority of the INV performance articles employ a clearly specified theoretical foundation, focus on INVs in developed economies and non-service sectors, identify numerous firm-level determinants of INV performance and use advanced statistical methods (e.g. structural equation modeling and panel data models). However, the research of INV performance is still limited by a lack of a broader integration of theories at different levels, inconsistent theoretical predictions and empirical results, knowledge gaps, and estimation biases (e.g. endogeneity).
Originality/value
INV performance has received increasing attention over recent decades, but this area is still characterized by fragmentation and inconsistency. This paper provides a comprehensive and nuanced review that synthesizes and clarifies our current knowledge on the determinants of INV performance, provides further discussion with deeper insights from both theoretical and methodological aspects, and points out some directions for future research.
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