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.

Purpose -This study aims to improve the understanding of the relationship between organizational slack and firm performance for high technology initial public offerings (IPOs). Design/methodology/approach -Using cluster analysis the paper investigates configurations of slack and their associated performance implications. Findings -The findings indicate the existence of distinct configurations of slack resources and associated performance differences among the configurations. Implications of the findings for managerial practice and future research are discussed. Originality/value -The purpose of this study is to extend slack measurement research by examining the slack and performance relationship in high-technology IPOs from a configurational perspective.

Research on organization slack has focused mainly on its effect in large publicly traded firms, but little work exists on the value of slack resources for other firms. Therefore, here, we address the question: Do slack resources matter in the case of initial public offerings (IPOs)? We argue that firms that possess financial, innovational, and managerial slack resources are sending a positive signal to potential investors regarding the quality of the IPO. Using a sample of high-tech IPOs, we find support for that contention.

Purpose -This paper aims to explore the effects of entrepreneurial orientation (EO) on firm survival and examine whether founder chief executive officers (CEOs) are more effective than other types of managers at utilizing entrepreneurial orientation at initial public offerings (IPOs). Design/methodology/approach -Using survival analysis the authors investigate the effects of EO on firm survival as well as the moderating role of founder CEOs. Findings -The results suggest that EO increases post-IPO survival. Further, founder-CEOs moderate the EO-survival relationship. Originality/value -The paper shows that entrepreneurial orientation enhances long-term survival in IPO firms. Survival is an important, though generally overlooked consideration in EO research. The paper also concludes that firms with founder CEOs are more likely to value and implement EO. Finally, the paper addresses calls for greater use of secondary measures of EO.

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