Knowledge (XXG)

Entrepreneurial orientation

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research has argued that EO does not enhance the performance for all firms. Instead, EO can be argued not to be a simple performance enhancing attribute but rather enhancing if it is applied under the right circumstances of the firm. In some cases, EO can even be disadvantageous for firms, if the situation of the firm does not fit with applying EO. Different situations (also known as context) can be the environment that the firm is situated within or internal situations such as structure and strategy.
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critical process re-conceptualization of EO aimed at opportunity designing in uncertain contexts as well as (proto) organizational projects. The major contributions are theoretical frameworks or empirical works under a process perspective that brings together research fields that have been isolated for too long, focusing on the interplay between routines and artifacts (as rules), agency and structure, sense-making and decision-making.
52:“In general, theorists would not call a firm entrepreneurial if it changed its technology or product line simply by directly imitating competitors while refusing to take any risks. Some proactiveness would be essential as well. By the same token, risk-taking firms that are highly leveraged financially are not necessarily entrepreneurial. They must also engage in product market or technological innovation.” 61:
Proceeding research has suggested that there is value in examining EO according to either conceptualization depending upon the demands of the research question being addressed. Research on the individual dimensions of risk-taking, proactiveness and innovativeness has found that the dimensions can combine in different ways to form configurations.
27:'s strategy-making practices, managerial philosophies, and firm behaviors that are entrepreneurial in nature. Entrepreneurial orientation has become one of the most established and researched constructs in the entrepreneurship literature. A general commonality among past conceptualizations of EO is the inclusion of 39:
as core defining aspects or dimensions of the orientation. EO has been shown to be a strong predictor of firm performance with a meta-analysis of past research indicating a correlation in magnitude roughly equivalent to the prescription of taking sleeping pills and getting better sleep. Still, some
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Lumpkin and Dess offer an alternative view of EO as the combination of five dimensions, those put forth by Miller/Covin and Slevin as well as competitive aggressiveness and autonomy. Moreover, they suggest that additional insights stand to be gained from investigating the dimensions independently.
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thereby contributing to an increased distribution of firm performance outcomes. As a core firm strategic orientation, the breadth and depth of research on EO continues to expand as the concept is adopted to understand the effects of being entrepreneurial across an increasing number of research
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However, the traditional use of EO has been focused on explanations, such as those within natural science, combined with a conception of entrepreneurs as possessing exceptional traits or exceptional risk-takers, as heroic individuals: these perspectives are incorrect. Recent studies propose a
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Taken together, as a strategic orientation EO enhances firm performance as well as overall variance in a firm’s performance. Increased variance occurs as result of the observation that many entrepreneurial actions ultimately fail to generate an
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Pratono, A.H.; Darmasetiawan, N.K.; Jeong, B.G.o (2019). "Achieving sustainable competitive advantage through green entrepreneurial orientation and market orientation: The role of inter-organizational learning".
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Reviews of the Entrepreneurial orientation literature indicate that the majority of prior studies have adopted Miller's perspective of EO as the combination of innovativeness, proactiveness, and risk-taking.
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The recent study has extended into green entrepreneurial orientation, which highlights the green technological leadership, green products, green administrative techniques, and green operation technology.
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that EO is a ‘collective catchall’ construct which represents what it means for a firm to be considered entrepreneurial across a wide range of contexts. A seminal quote from Miller (1983, p. 780):
363:"Resource orchestration in family firms: investigating how entrepreneurial orientation, generational involvement, and participative strategy affect performance: Resource Orchestration in Family Firms" 821:
Rauch, Andreas; Wiklund, Johan; Lumpkin, G.T.; Frese, Michael (May 2009). "Entrepreneurial Orientation and Business Performance: An Assessment of Past Research and Suggestions for the Future".
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Entrepreneurial orientation has most frequently been assessed using a nine-item psychometric instrument developed by Jeff Covin and Dennis Slevin. This instrument captures the perspective of
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Rauch, Andreas; Wiklund, Johan; Lumpkin, G. T.; Frese, Michael (2009). "Entrepreneurial Orientation and Business Performance: An Assessment of Past Research and Suggestions for the Future".
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Anderson, Brian; Covin, Jeffrey; Slevin, Dennis (2009). "Understanding the Relationship between Entrepreneurial Orientation and Strategic Learning Capability: An Empirical Investigation".
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Wales, William; Patel, Pankaj; Lumpkin, G. T. (2013). "In Pursuit of Greatness: Ceo Narcissism, Entrepreneurial Orientation, and Firm Performance Variance".
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Wales, William; Gupta, Vishal; Mousa, Fariss (2013). "Empirical research on entrepreneurial orientation: An assessment and suggestions for future research".
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Sarasvathy, Saras D. (April 2001). "Causation and Effectuation: Toward a Theoretical Shift from Economic Inevitability to Entrepreneurial Contingency".
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Wiklund, Johan; Shepherd, Dean A. (2011-05-25). "Where to From Here? EO-as-Experimentation, Failure, and Distribution of Outcomes".
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Linton, Gabriel; Kask, Johan (2017). "Configurations of entrepreneurial orientation and competitive strategy for high performance".
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Covin, Jeffrey; Lumpkin, G. T. (2011). "Entrepreneurial Orientation Theory and Research: Reflections on a Needed Construct".
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Lumpkin, G. T.; Dess, Gregory (1996). "Clarifying the Entrepreneurial Orientation Construct and Linking It to Performance".
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Wiklund, Johan; Shepherd, Dean (2011). "Where to from Here? Eo-as-Experimentation, Failure, and Distribution of Outcomes".
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Covin, Jeffrey; Slevin, Dennis (1989). "Strategic Management of Small Firms in Hostile and Benign Environments".
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Covin, Jeffrey; Wales, William (2012). "The Measurement of Entrepreneurial Orientation".
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Miller, Danny (1983). "The Correlates of Entrepreneurship in Three Types of Firms".
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Chirico, Francesco; Sirmon, David G.; Sciascia, Salvatore; Mazzola, Pietro (2011).
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Duening, Thomas N. (January 2010). "Five Minds for the Entrepreneurial Future".
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Entrepreneurial orientation: reflections from a contingency perspective
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International Small Business Journal: Researching Entrepreneurship
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Jiang, Wenbo; Chai, Huaqi; Shao, Jing; Feng, Taiwen (2018-10-10).
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Hjorth, Daniel; Holt, Robin; Steyaert, Chris (2015-08-20).
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Index

strategic orientation
organization
innovativeness
proactiveness
risk-taking
Danny Miller
economic return
doi
10.1002/sej.72
"Entrepreneurial orientation: A review and synthesis of promising research directions"
doi
10.1177/0266242615613840
S2CID
155817673


doi
10.1111/j.1540-6520.2011.00482.x
S2CID
145142439
"Entrepreneurial Orientation"
doi
10.4135/9781452276090
ISBN
9781412997829



doi
10.1111/j.1540-6520.2009.00308.x

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