Understanding Entrepreneurial Orientation based Research: A Proposed New Theoretical Framework
Keywords:
Entrepreneurial Orientation, Organizational Performance, Innovation Management, Business Environment.
Abstract
Entrepreneurial orientation-based research is reviewed and in-depth examined especially in the entrepreneurship theme. Research on the impact of entrepreneurial orientation (EO) on organizational performance has generated numerous important findings. Despite abundant attention given to research on the relationship between entrepreneurial orientation and organizational performance, the results are still inconsistent. Current progress on entrepreneurial orientation-based research is lacking in terms of theoretical integration therefore unable to produce a unified framework. This paper reviews the literature review thoroughly to build a novel theoretical framework that proposes the linkages of entrepreneurial orientation, innovation management, business environment as well as organizational performance. By using resource-based view (RBV) and contingency theory, the relationship between the variables has been established. The proposed unified theoretical framework will provide useful insight into the direct impact of entrepreneurial orientation on organizational performance. Moreover, the direct relationship is moderated by two variables namely innovation management and business environment. This unified theoretical framework would benefit from an amalgamation between process and outcome-oriented research in the entrepreneurship field.
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References
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Fontana, A. & Musa, S. (2017). The impact of entrepreneurial leadership on innovation management and its measurement validation. International Journal of Innovation Science, 9(1), 2-19.
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Gaya, H. J., Struwig, M. & Smith, E. E. (2013). Creating a sustainable competitive advantage at a high-performing firm in Kenya. African Journal of Business Management, 7(21), 2049-2058.
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Gupta, V. & Gupta, A. (2015). The concept of entrepreneurial orientation. Foundations and Trends in Entrepreneurship, 11(2), 55-137.
Gupta, V. K. & Batra, S. (2016). Entrepreneurial orientation and firm performance in Indian SMEs: Universal and contingency perspectives. International Small Business Journal, 34(5), 660-682.
Haider, S. H., Asad, M., Fatima, M. & Abidin, R. Z. (2017). Microfinance and performance of micro and small enterprises: Does training have an impact. Journal of Entrepreneurship and Business Innovation, 4(1), 1-13.
Hans, B. V. (2018). Business 0environment-Conceptual and policies. International Educational Scientific Research Journal, 4(3), 67-74.
Hansen, M. T. & Birkinshaw, J. (2007). The innovation value chain. Harvard Business Review, 85(6), 121.
Helfat, C. E. & Peteraf, M. A. (2003). The dynamic resource-based view: Capability lifecycles.
Strategic Management Journal, 24 (10), 997-1010.
Hernandez-Linares, R., Kellermanns, F. W., Lopez-Fernandez, M. C. & Sarka, S. (2019). The effect of socioemotional wealth on the relationship between entrepreneurial orientation and family business performance. Business Research Quarterly, 23(3), 174-192.
Helm, R., Mauroner, O. & Dowling, M. (2010). Innovation as the mediator between entrepreneurial orientation and spin-off venture performance. International Journal of Entrepreneurship and Small Business, 11(4), 472–491.
Hitt, M., Irland, R. & Hoskisson, R. (2003). Strategic Management: Competitiveness and
Globalization, 5th Edition, South-Western, Cincinnati: Ohio.
Kach, A. P. (2013). The impact of environmental hostility on firm performance: A strategic orientation of manufacturing industries perspective. Doctoral Dissertation, New Mexico State University.
Karyotakis, K. M. & Moustakis, V. S. (2016). Organizational factors, organizational culture, job satisfaction and entrepreneurial orientation in public administration. The European Journal of Applied Economics, 13(1), 47-59.
Katsikeas, C. S., Leonidou, C. N. & Zeriti, A. (2016). Eco-friendly product development strategy: Antecedents, outcomes, and contingent effects. Journal of the Academy of Marketing Science, 44, 660–684.
Keranan, J. & Jalkala, A. (2013). Towards a framework of customer value assessment in B2B markets: An exploratory study. Industrial Marketing Management, 42(8), 1307-1317.
Kollmann, T., Christofor, J. & Kuckertz, A. (2007). Explaining individual entrepreneurial orientation: conceptualization of a cross-cultural research framework. International Journal of Entrepreneurship and Small Business, 4(3), 325–340.
Kovacs, D., Zulauf, K., Urkmez, T., Brockhaus, D. & Wagner, R. (2016). Linking entrepreneurial orientation to firm performance in a post-socialist market context: The moderating role of environment and age. Management Dynamics in the Knowledge Economy, 4(4), 571–589.
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Laskovaia, A., Mariono, L. D., Shirokova, G. & Wales, W. (2019). Expect the unexpected: Examining the shaping role of entrepreneurial orientation on causal and effectual decision-making logic during economic crisis. Entrepreneurship & Regional Development, 31, 456-475.
Laudano, M. C., Marzi, G. & Caputo, A. (2018). A decade of the International Journal of Entrepreneurship and Small Business: A bibliometric analysis. International Journal of Entrepreneurship and Small Business, 33(2), 289-314.
Lawrence, P. R. & Lorsch, J. W. (1967). Organization and environment. Harvard Business School: Boston.
Lee, R., Lee, J. H. & Garrett, T. C. (2019). Synergy effects of innovation on firm performance. Journal of Business Research, 99, 507-515.
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Published
2023-09-17
How to Cite
Surin, E. F., Edward, O. T., Shaaran, S., & Ngah, R. (2023). Understanding Entrepreneurial Orientation based Research: A Proposed New Theoretical Framework. Information Management and Business Review, 15(3(SI), 23-35. https://doi.org/10.22610/imbr.v15i3(SI).3454
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Research Paper
Copyright (c) 2023 Ehsan Fansuree Surin, Oswald Timothy Edward, Sayuthi Shaaran, Rohana Ngah
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