Examining Facilitative Configurations of Entrepreneurially Oriented Growth: An Information Processing Perspective

Kearney, Claudine; Soleimanof, Sohrab; Wales, William J.

doi:10.1111/1467-8551.12217

Cited by 19 publications

(22 citation statements)

References 111 publications

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“…We show that the moderating effect of OO on the relationship between EO and resource acquisition changes between a high dynamic environment and a low dynamic environment. Configurational studies of EO have sought to answer the question why scholars have observed different results in the contribution of EO to outcomes important for new ventures Kearney, Soleimanof, & Wales, 2018). We provide new insight into when and why EO is especially beneficial for new ventures or when its effects may be lost, locating the matter to the degree of environmental dynamism.…”

Section: Contributionsmentioning

confidence: 92%

Entrepreneurial orientation and new venture resource acquisition: why context matters

Yin

Hughes

2020

Asia Pac J Manag

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Resource acquisition is vital for new venture survival and growth. However, surprisingly little is known about how the entrepreneurial orientation (EO) of the new venture affects its resource acquisition. Drawing on the resource-based view of the firm, we articulate a theory and treatment of EO that address this oversight and remedy for the routine absence of context among studies of EO. Accounting for the simultaneous effect of environmental dynamism and an opportunistic orientation (OO), a tendency among Chinese new ventures to imitate technology and profit through market information asymmetry, as important contextual variables reflecting the Chinese business context, we provide insights on the contingency effects of contextual variables. Results from a quantitative study of 361 Chinese new ventures show that EO positively influences resource acquisition. However, this relationship is context sensitive. In a low dynamic environment, OO negatively moderates this relationship. However, in a highly dynamic environment, OO exhibits no effect on the relationship between EO and new venture resource acquisition. Our results contribute to a resource-based theory of EO and reveal its context sensitivity. Our study is a step in moving the scholarship of EO forward and away from the performance debate towards greater predictive accuracy of EO and its systems of effects.

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Section: Contributionsmentioning

confidence: 92%

Entrepreneurial orientation and new venture resource acquisition: why context matters

Yin

Hughes

2020

Asia Pac J Manag

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“…To date, prior research has prioritized (almost exclusively) family-oriented variables as contingencies (see Table 4 in Hernández-Linares and López-Fernández, 2018, for a comprehensive illustration). Instead, grounding ourselves in the contingency perspective of EO (Kearney et al, 2018) and resource orchestration theory (Sirmon et al, 2007(Sirmon et al, , 2011, we anticipate that strategy variables explain when (mediating) and knowledge management variables explain to what extent (moderating) EO dimensions affects family firm performance.…”

Section: Entrepreneurial Orientation and Family Firm Performancementioning

confidence: 99%

“…To answer these research questions, we use the contingency perspective of EO (Kearney et al, 2018;McKenny et al, 2018) together with resource orchestration theory (Sirmon et al, 2007;Sirmon et al, 2011). We test our thesis against a dataset of 268 Malaysian family firm s in a resource-scarce economy (Falahat et al, 2018).…”

Section: Introductionmentioning

confidence: 99%

Entrepreneurial orientation, competitive advantage and strategic knowledge management capability in Malaysian family firms

Mostafiz

Hughes

Sambasivan³

2021

JKM

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Purpose The purpose of this study is to test the thesis that the family firm’s success hinges on effective strategic knowledge management (SKM) capability coupled with an entrepreneurial orientation (EO). Contingency theory holds that entrepreneurial success is contingent on strategic capabilities and resource orchestration theory explains how well family firms nurture capabilities to structure, bundle and leverage resources that define competitive advantage (CA). This study combines these two theoretical viewpoints to propose the effects of EO and SKM capability on CA to achieve successful performance in family firms. Design/methodology/approach This study uses a hybrid approach applying structural equation modelling (SEM) and deep-learning artificial intelligence (DL-AI) analysis to survey data on 268 Malaysian family firms. Findings SEM results confirm that CA mediates the relationship between innovativeness, proactiveness and risk-taking dimensions of EO and firm performance. Autonomy and competitive aggressiveness have no bearing, however. The relationships among innovativeness, proactiveness and risk-taking with CA and performance are positively moderated by SKM capability, becoming more potent at higher levels. Moreover, four additional DL-AI models reveal the necessity of specific EO dimensions and the interacting effects of EO–SKM capability to influence CA and to attain performance success subsequently. Originality/value This study theorizes and presents two new boundary conditions to a knowledge-based theory of the family firm and its firm performance. First, CA mediates the relationship between EO and performance; and second, SKM capability moderates the relationships between EO and CA and between EO and family firm performance. Methodologically, this study uses DL-AI to embrace non-linearity and prioritize predictor variables based on normalized importance to produce greater accuracy over regression analysis. Hence, DL-AI adds methodological novelty to the knowledge management and family firm literature.

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“…Equifinality theorists acquiesce to configuration theory and confer the presence of equifinal configurational paths of conditions that may exist as multiple routes to the desired outcome (Drazin & Van De Ven, 1985;Meyer et al, 1993). Entrepreneurial studies suggest that the assumption of equifinality can produce a more meaningful, productive and context-specific business model to determine firm performance (Kearney et al, 2018). Interactions among strategic actions and determinants to firms' performance are more appealing than direct causal effects.…”

Section: Foreign Market Knowledgementioning

confidence: 99%

“…However, most of the studies are firmly based on the contingent theoretical approach of FMK (Mostafiz et al, 2019a), which avoids the assumption of equifinality (Ragin, 2009). The contingent theory proposes the contextual solution for antecedents or determinants to achieve firm performance (Kearney et al, 2018). Based on this assumption, important antecedent or determinant often gets omitted.…”

Section: Introductionmentioning

confidence: 99%

Configuring foreign market knowledge and opportunity recognition capabilities to predict the performance of export-manufacturing firms

Mostafiz

Sambasivan²,

Goh

et al. 2021

Knowledge Management Research & Practice

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Export-manufacturing firms survive and ultimately succeed when they can accumulate, harvest,and utilise foreign knowledge to better marshal the capabilities to recognise opportunities. Prior studies are replete with a single solution by combining foreign market knowledge (FMK) and firm performance. A shift from contingent theory to the configurational approach suggests that there are multiple solutions available to achieve intended outcomes. Based on the equifinality assumption, we configure FMK in conjunction with opportunity recognition capabilities to predict performance. In total, 382 export-manufacturing firms were investigated by employing fuzzy-set qualitative comparative analysis (fsQCA) and necessary condition analysis (NCA). Salient findings suggest that young firms achieve superior performance from foreign business and institutional knowledge by enhancing opportunity exploration capability, whereas mature firms succeed from internationalisation knowledge and nurturing opportunity exploitation capability. The study is one of which that contributes to the methodology by introducing fsQCA and NCA in the knowledge management literature.

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Examining Facilitative Configurations of Entrepreneurially Oriented Growth: An Information Processing Perspective

Cited by 19 publications

References 111 publications

Entrepreneurial orientation and new venture resource acquisition: why context matters

Entrepreneurial orientation and new venture resource acquisition: why context matters

Entrepreneurial orientation, competitive advantage and strategic knowledge management capability in Malaysian family firms

Configuring foreign market knowledge and opportunity recognition capabilities to predict the performance of export-manufacturing firms

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