Many roads lead to Rome: How entrepreneurial orientation and trust boost the positive network range and entrepreneurial performance relationship

Dong, Baobao; Xu, Hangjun; Luo, Jiahuan; Nicol, Cameron Duncan; Liu, Wenbin

doi:10.1016/j.indmarman.2020.04.016

Cited by 32 publications

(25 citation statements)

References 98 publications

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“…Eniola et al pointed out that enterprise performance is a measure of the extent to which an enterprise aims to achieve its long and short-term business goals ( Eniola et al, 2019 ). Dong et al proposed that entrepreneurship performance is the satisfaction of entrepreneurs with their own entrepreneurial results, and can also be regarded as the basic method to measure performance ( Dong et al, 2020 ).…”

Section: Methodsmentioning

confidence: 99%

Entrepreneurial Passion Psychology- Based Influencing Factors of New Venture Performance

et al. 2021

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Small and medium-sized enterprises have been the driving force of social economy. As the social formation and the rise of many emerging economies, the domestic economic environment changes dramatically, which makes small and medium-sized enterprises face severe challenges. In the face of the fierce competition environment, how to improve the performance of entrepreneurship and gain competitive advantage is a very important topic in the practical management of entrepreneurs. This exploration is carried out with the entrepreneurial passion and risk taking as the antecedent variable, entrepreneurial performance as the outcome variable, and then work engagement as the mediator. With the entrepreneurs of small and medium-sized enterprises as the research object, questionnaire method is used to carry out empirical research. The empirical analysis results show that entrepreneurial passion has a significant positive impact on work engagement; risk taking has a significant positive impact on work engagement; work engagement has a significant positive impact on entrepreneurship performance; in addition, work participation plays a mediating role in the process of entrepreneurial passion and risk taking. The results provide academic and practical implications for entrepreneurs.

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Section: Methodsmentioning

confidence: 99%

Entrepreneurial Passion Psychology- Based Influencing Factors of New Venture Performance

et al. 2021

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“…A trust-based relationship is a key resource of firm competitive advantage because it is valuable, rare, imperfectly imitable and often non-substitutable. The role of social networks on firm performance positively demonstrates affective trust (Dong et al, 2020). A trust-based relationship with business partners is a precondition for competitive advantage through promoting creativity in human resource management practices (Lee et al, 2019).…”

Section: Trust and Competitive Advantagementioning

confidence: 99%

Innovation strategy beyond the COVID-19 pandemic: the role of trust under disruptive technology

Pratono

2021

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Purpose This paper aims to understand how firms promote innovation under disruptive technology by exploring the role of trust and risk-taking behaviour in enhancing product development towards competitive advantage. Design/methodology/approach This study proposes a structural equation model that entails seven hypotheses for the constructs and their relationship with support from the previous literature. The empirical analysis involves a survey of the 390 small firms in Indonesia to generate four scenarios following the COVID-19 pandemic. Findings The evidence indicates that trust allows the firms to take a risk for new product development, which is, in turn, help to achieve their competitive advantage. However, the impact of product development on competitive advantage varies depending on the capability of the firms to deal with the information technological turbulence. Research limitations/implications This study adopted the concept of trust at the organisational level and did not cover the concept of trust at the family and community levels. Secondly, this study focusses on small and medium-sized enterprises as unit analysis during the COVID-19 pandemic. The results depend on the subject of study, which could be different from the normal condition. Practical implications This study provides four scenarios of foresight innovation strategy, which allow the firms to deal with various plausible futures. The proposed model devise strategies to prepare a strategy in the face of uncertainty. The findings encourage the firms to cultivate trust from their business partners to create innovation. Originality/value This study extends the discussion on how innovativeness leads to firm competitive advantage by examining the role of trust and risk-taking behaviour in product development under information technological turbulence. The results confirm the integration between social capital theory and the contingency approach.

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“…Penelitian kewirausahaan menjadi topik yang menarik dalam beberapa tahun terakhir [4] bahkan penelitian mengenai kewirausahaan telah dikaitkan dengan bidang penelitian lain seperti social dan psikologi [5]. Berkembangnya topik penelitian ini disebabkan karena perannya yang penting dalam perekonomian untuk membantu mengatasi tingkat pengangguran, kontribusinya dalam pembangunan social dan pertumbuhan ekonomi [6], [7] Adanya kebutuhan peningkatan jumlah wirausahawan untuk percepatan ekonomi dan penciptaan ide agar menjadi suatu usaha yang menguntungkan, menjadi salah satu faktor pentingnya kewirausahawan [8]. Meskipun sektor UMKM dinilai menggeliat, namun masih banyak permasalahan yang terjadi pada pelaku usaha UMKM.…”

Section: Pendahuluanunclassified

Pengembagangan Umkm Tangerang Selatan Melalui Pendekatan Soft System Methodology

Octasylva¹

2021

Jurnal Ilmu Pengetahuan dan Teknologi

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Usaha Mikro, Kecil dan Menengah (UMKM) merupakan penggerak perekonomian Indonesia yang memiliki potensi yang besar, guna meningkatkan ekonomi dan kesejahteraan masyarakat. Namun berdasarkan wawancara terhadap pakar , pendamping dan pelaku UMKM, untuk memaksimalkan potensi tersebut masih banyak masalah di lapangan yang perlu diperbaiki. Oleh sebab itu, rumusan masalah pada penelitian ini adalah hal apa saja yang masalah utama yang terjadi pada UMKM di Tangerang Selatan dan strategi apa yang dapat dilakukan untuk pengembangan UMKM Tangerang Selatan. Sehingga tujuan penelitian ini adalah merumuskan alternatif kebijakan pengembangan UMKM di Tangerang Selatan dengan pendekatan SSM. Penelitian ini menggunakan pendekatan soft system methodology (SSM), dimana inti proses pendekatan metode SSM adalah membandingkan antara kondisi nyata yang ada dengan kondisi model yang seharusnya terjadi, sehingga menghasilkan pemahaman lebih baik atas kondisi yang dijadikan objek penelitian. Dari hasil analisa perbandingan terhadap model konseptual dengan model dunia nyata (aktual), dapat disimpulkan bahwa masalah utama yang dihadapi UMKM adalah masih terdapat gap yang besar antara kondisi ideal yang diharapkan dengan kondisi nyata. Strategi yang perlu dilakukan adalah 1.Akademisi perlu mengarahkan risetnya ke riset terapan yang dibutuhkan UMKM/ industri, pengabdian masyarakat yang bersifat insidentil perlu diarahkan menjadi tematik berkelanjutan. 2. Perbankan perlu memberikan pinjaman ringan khusus bagi para UMKM baik dari segi persyaratan maupun suku bunga. 3.Bantuan pemerintah tidak bersifat sepotong-sepotong tidak saling terkait dan pelatihan yang bersifat proyek, tapi perlu pendampingan, yang berkelanjutan. 4.UMKM perlu didorong untuk memiliki jaringan dan motivasi yang kuat hingga mampu bertahan dan menjawab setiap tantangan. 5.UMKM perlu dibantu untuk mampu memenuhi hak konsumen yang sering kali diabaikan, sehingga mampu membangun kepercayaan dan loyalitas pelanggan.

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Many roads lead to Rome: How entrepreneurial orientation and trust boost the positive network range and entrepreneurial performance relationship

Cited by 32 publications

References 98 publications

Entrepreneurial Passion Psychology- Based Influencing Factors of New Venture Performance

Entrepreneurial Passion Psychology- Based Influencing Factors of New Venture Performance

Innovation strategy beyond the COVID-19 pandemic: the role of trust under disruptive technology

Pengembagangan Umkm Tangerang Selatan Melalui Pendekatan Soft System Methodology

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