2015
DOI: 10.5539/ass.v11n7p1
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Linking Entrepreneurial Orientation with Organizational Performance of Small and Medium Sized Enterprises: A Conceptual Approach

Abstract: Research examining the relationship between entrepreneurial orientation (EO) and business performance has recently received considerable attention in the marketing and entrepreneurship literature. Empirical studies on the determinants of firm performance have shown that the entrepreneurial orientation of a firm has significant positive influence on the firm performance. However, less attention has been paid to this relationship in the context of SMEs. This study therefore contributes to the existing literature… Show more

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Cited by 34 publications
(37 citation statements)
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References 80 publications
(104 reference statements)
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“…Market orientation has been theorized to have a significant and positive effect on performance (Hussain, Syah, & Akhtar, 2016;Hidayat, Suryana, Afif, & Cahyandito, 2016;Long, Kara, & Spillan, 2016;Rodriguez & Morant, 2016;Zainul, Astuti, & Arifin, 2016;Njeru & Kibera, 2014). On the other hand, the results of other studies on how market orientation influences performance are not so conclusive, suggesting that market orientation does not directly influence firm performance but rather impacts performance via other mediating variables (Sin et al 2005;Singh, 2009).…”
Section: Resultsmentioning
confidence: 99%
“…Market orientation has been theorized to have a significant and positive effect on performance (Hussain, Syah, & Akhtar, 2016;Hidayat, Suryana, Afif, & Cahyandito, 2016;Long, Kara, & Spillan, 2016;Rodriguez & Morant, 2016;Zainul, Astuti, & Arifin, 2016;Njeru & Kibera, 2014). On the other hand, the results of other studies on how market orientation influences performance are not so conclusive, suggesting that market orientation does not directly influence firm performance but rather impacts performance via other mediating variables (Sin et al 2005;Singh, 2009).…”
Section: Resultsmentioning
confidence: 99%
“…As indicated by Zellweger and Sieger (17), innovation can be conveyed into two particular classes, which is internal and external innovation. Internal innovation concentrates on innovative changes and value creation in the organisations, while, external innovation brings about the improvement of new products or services or processes (18). By presenting novelty in the market it will secure the extreme rivalry of the present global economy (19).…”
Section: Innovativeness and Organisational Performancementioning
confidence: 99%
“…Here, there are mixed opinions on the role of risk factor on the firm success. It has been said by previous researchers that when too much attention given to the risk variables, it can cause negative relationship to the environment and the success of the firm (21). Similarly, if entrepreneurs do not spend time thinking about the business to be taken in developing the firm, the entrepreneur will feel comfortable with the current situation and will try not to take the risk (22).…”
Section: Problem Statementmentioning
confidence: 99%