Network Usage, Entrepreneurial Orientation and Their Effectiveness on SMEs Growth

Abstract

Research findings suggest that networks provide small- and medium-sized enterprises (SMEs) opportunities to achieve sustainable competitive advantages and thus compete successfully in the marketplace. In this study, the research question explores the effectiveness of the network usage on the entrepreneurial orientation (EO) development and the moderate role of the EO in the network-SME growth relationship. The empirical part of the study comprises a survey of 121 manufacturing SMEs in Spain. Structural equation modelling confirmed the importance of both organisational networks and EO on SMEs growth and pointed out the positive effect of network usage on EO development.

The influence of social capital and financial capability on sustainable competitive advantage through entrepreneurial orientation: Empirical evidence from Small and Medium Industries in Indonesia using PLS-SEM

“…The results of this research confirm the findings of previous research that entrepreneurial orientation is positively related to sustainable competitive advantage (Dess & Lumpkin, 2005;Filser et al, 2014;Hussain et al, 2015;Maria Jose et al, 2015;Martins, 2016;Sirivanh et al, 2014). Thus, there is a tendency that entrepreneurial orientation will increase when social capital (Andriani & Christoforou, 2016;Chen & Tzeng, 2007;Guiso et al, 2004;Heikkilä et al, 2016;Mwangi & Ouma, 2012;Yusuff et al, 2018) give an access to external financial though financial capability processes (Heikkilä et al, 2016;Kamukama & Natamba, 2013;Kim et al, 2009;Mwangi & Ouma, 2012;Yusuff et al, 2018).…”

“…Entrepreneurial orientation Bruton et al (2008), Dess & Lumpkin (2005), Entebang et al (2006), Hussain et al (2015), Martins (2016), Said et al (2016), Sirivanh The model in this study proposes that social capital in SMIs will provide opportunities for financial access, but both of these factors must go through entrepreneurial orientation to achieve sustainable competitive advantage (Andriani & Christoforou, 2016;Coleman, 2000) The efforts to create a sustainable competitive advantage in entrepreneurial orientation are related to the creation theory of entrepreneurial action (Alvarez & Barney, 2007). Creation theory states that entrepreneurial opportunities must be created from the creation process rather than being discovered.…”

Enterprise innovation in developing countries: an evidence from Ethiopia

“…Moreover, according to the triple helix theory, the success of innovation endeavors depends on what integration and cooperative interaction develop between the academia, the private sector, and the government which is shaped by the social networking sites. Our finding is in line with that of Scuotto et al (2016), Martins (2016), Guo et al (2016), and Del . Having a website may help enterprises to use all possible available resources in the world via the Internet.…”

“…Second, the finding that shows website ownership drives an innovation of enterprise replicates the works of Scuotto et al (2016), Martins (2016), Guo et al (2016), Del , and Bresciani and Ferraris (2016) which contend that social networking sites, global knowledge, and enterprise embeddedness contribute to the innovation performances of enterprises. And this further goes in line with the phenomenon reflected by Schumpeter (1942) that creative destruction produces product and process innovation and knowledge-intensive entrepreneurship (that can be obtained with the help of information through a website) for entrepreneurs that strive to cope with uncertainty generate changes or creative destructions.…”

What are the antecedents of women’s entrepreneurial orientation?

“…Researchers have emphasised communication and networking since entrepreneurs, according to Ripollés and Blesa (2005), use their interpersonal and inter-organisational relationships to gain access to relevant information, advice and, in some cases, solutions to problems. In addition, Martins (2016) states that the use of interpersonal relationships between entrepreneurs and their organisations' networks can strengthen characteristics associated with EO such as innovation, proactivity and risk propensity. Hence, the following research hypothesis was postulated in the present study:…”