“…In the case of emerging economies, researchers believe that perhaps the most potent cause of early failure of new ventures is a lack of entrepreneurial skills (Adomako, Danso, Boso, & Narteh, 2018). Several studies conducted in developing countries have confirmed that entrepreneurial orientation (EO) is a significant predictor of venture performance (Anwar, Khan, & Khan, 2018; Cassia & Minola, 2012; Dung, Bonney, Adhikari, & Miles, 2020; Kohtamäki, Heimonen, & Parida, 2019; Raisal, Tarofder, & Ilmudeen, 2021). Some studies have found a direct relationship between EO and performance (Alarape, 2013; Kraus, Rigtering, Hughes, & Hosman, 2012; Lomberg, Urbig, Stöckmann, Marino, & Dickson, 2017) while others have claimed an indirect relationship (Jiang, Liu, Fey, & Jiang, 2018; Karami & Tang, 2019; Kohtamäki, Heimonen, & Parida, 2019).…”