Inside entrepreneurial orientation: Do risk-taking and innovativeness influence proactiveness?

Abstract

The article focuses on the interdependencies within entrepreneurial orientation. The objective of the study was to verify the relationship between risk-taking and innovativeness, on the one hand, and proactiveness on the other hand, as three elements of entrepreneurial orientation of internationalized firms. The main research question the article answers is: In what way do risk-taking and innovativeness influence proactiveness within the interrelated three-dimensional construct of entrepreneurial orientation? The article employs structural equation modelling (CB-SEM) to analyse survey results based on a stratified sampling of 355 internationalized firms from Poland. The empirical findings demonstrate the positive impact of risk-taking (RISK) and innovativeness (INNO) on proactiveness (PROACT) within the interrelated three-dimensional construct of entrepreneurial orientation. Moreover, the level of risk-taking (RISK) and innovativeness (INNO) accounts for 36% of the variation in proactiveness (PROACT), which is considered high in social sciences, including business studies.

A serial mediation model of the linkage between entrepreneurial education, self-efficacy, attitudes and intentions: does gender matter? A multi-group analysis

“…First, our findings can provide policymakers with ideas for useful strategies for fostering individuals’ startup activities and enhancing startup environments. Although various solutions have been proposed by previous studies, such as promoting an entrepreneurial culture (Qudsia Yousaf et al , 2022; António Porfírio et al , 2023), inspiring religious beliefs (Smith et al , 2023), attracting foreign direct investment (Suyunov, 2021; Nguyen et al , 2022; Nguyen, 2023), reducing corruption (Phan and Archer, 2020), capitalizing on the opportunities offered by artificial intelligence (Korzynski et al , 2023), encouraging creativity (Wach and Bilan, 2023) and enhancing the entrepreneurial ecosystem and public support (Nowiński et al , 2020; Wach et al , 2023), we suggest prioritizing education and training for entrepreneurship. By focusing on EE as a strategy, students can benefit in multiple ways.…”

“…First, it can enhance their entrepreneurial career interests and intentions, as they gain relevant knowledge and skills, and exposure to entrepreneurship (Lopes et al , 2023; García-Uceda et al , 2022). This can lead to increased motivation and an inclination to pursue entrepreneurial opportunities in their future careers (Wach et al , 2023). Second, EE can also boost students’ ESE, which is their belief in their ability to successfully perform entrepreneurial tasks (Cui and Bell, 2022).…”

Relationships between leadership style and organizational commitment: The moderating role of the system of work

“…The SEM modeling is currently commonly used in management and behavioral studies mostly due to it high applicability for phenomena of latent character, which are described with intangible variables Cong Doanh et al, 2021;Ismail et al, 2023;Chang & Ku, 2023). From the perspective of social sciences, the important advantage of the method relates to its higher elasticity than the case of standard regression analysis (Brown, 2006;Kuczewska & Tomaszewski, 2022;Dabija et al, 2022;Szostek et al 2023;Wach et al, 2023).…”