The impacts of entrepreneurial orientation on the profitability growth of construction firms in Tanzania

Okangi, Fred Phanuel

doi:10.1186/s40497-018-0143-1

Cited by 38 publications

(61 citation statements)

References 104 publications

(182 reference statements)

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“…Omisakin, Nakhid, Littrell, and Verbitsky (2016) also conceptualized entrepreneurial orientation as the willingness of an entrepreneur to innovate, search for risks, take self-directed actions, and be more proactive and aggressive than competitors towards new market place opportunities so as to gain market share. Many scholars agree that EO is a combination of innovativeness, proactiveness, and risk taking (Ketchen & Short 2012;Okangi, 2019). Okangi (2019) further stated that the feature of entrepreneurial orientation is building an entrepreneurial orientation can be valuable to organizations and individuals alike in identifying and seizing new opportunities.…”

Section: Conceptual Framework Entrepreneurial Orientationmentioning

confidence: 99%

“…Many scholars agree that EO is a combination of innovativeness, proactiveness, and risk taking (Ketchen & Short 2012;Okangi, 2019). Okangi (2019) further stated that the feature of entrepreneurial orientation is building an entrepreneurial orientation can be valuable to organizations and individuals alike in identifying and seizing new opportunities. Entrepreneurial orientation features are five dimensions: (1) autonomy, (2) competitive aggressiveness, (3) innovativeness, (4) proactiveness, and (5) risk taking.…”

Section: Conceptual Framework Entrepreneurial Orientationmentioning

confidence: 99%

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Entrepreneurial Orientation and Market Share of Selected Quoted Consumer Goods Manufacturing Companies in Nigeria

Okusanya¹,

Akpa²,

H.³

2021

Int. j. eng. manag. res.

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Firm performance is fundamental to businesses considering its role in assisting organisations to realize their goals and achieve successes. Consumer goods manufacturing industry in Nigeria are experiencing decline in performance like profitability, market share, sales growth, competitive advantage, and productivity resulting from poor application of entrepreneurial orientation measures. This study examined the interaction between entrepreneurial orientation and market share of selected quoted consumer goods manufacturing companies in Nigeria.The study adopted cross sectional survey research design. The population of the study was 1,551of twelve (12) quoted consumer goods manufacturing companies in Nigeria. Total enumeration was used to sample the entire population. A self-developed structured and validated questionnaire was used for data collection. The Cronbach’s alpha ranges between 0.721 and 0.892. The response rate was 90.5%. Data were analyzed using descriptive and inferential statistics (Multiple and Hierarchical regression analysis).Findings revealed that entrepreneurial orientation components had significant influence on market share of selected quoted consumer goods companies in Nigeria (Adj. R2 = 0.791; F (5,441) = 339.129, p= 0.000). The study concluded that entrepreneurial orientation (innovativeness, competitive aggressiveness, proactiveness, risk-taking and planning flexibility) had significant effect on market share of selected quoted consumer goods companies in Nigeria and recommended that managers of selected quoted consumer goods manufacturing companies should practice entrepreneurial orientation ideologies to be able to be proactive and competitive enough to further boost the market portion of quoted consumer goods companies.

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Section: Conceptual Framework Entrepreneurial Orientationmentioning

confidence: 99%

Section: Conceptual Framework Entrepreneurial Orientationmentioning

confidence: 99%

Entrepreneurial Orientation and Market Share of Selected Quoted Consumer Goods Manufacturing Companies in Nigeria

Okusanya¹,

Akpa²,

H.³

2021

Int. j. eng. manag. res.

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“…La OE es uno de los factores elementales que integran las competencias internas y externas para hacer frente al rápido cambio entre las Pymes (Darwis, 2017), es un determinante clave de crecimiento e innovación (Bouncken, et al, 2016;Yu, Nguyen y Chen, 2016;Cantaleano, Rodrigues y Martins, 2018;Etriya, et al, 2018;Okangi, 2019), siendo necesaria en el desarrollo de capacidades para la creación de nuevos productos, como una herramienta de aprendizaje y selección, que inicia comportamientos exploratorios de asunción de riesgos en la invención de productos (Zhai, et al, 2018); su adopción desarrolla mayores niveles de innovación comparados con aquellas firmas que no exhiben una fuerte OE (Omerzel, 2016;Gupta y Wales, 2017;Al Mamun y Fazal, 2018;Putnins y Sauka, 2019;Genc, Dayan, y Genc, 2019).…”

Section: Relación De Orientación Emprendedora: Capacidad De Innovación Toma De Riesgos Y Proactividad En La Innovaciónunclassified

“…La proactividad apoya en identificar y actuar para conseguir oportunidades referentes a productos, tecnología y mercados, logrando el crecimiento de la organización (Okangi, 2019); promueve competencias orientadas a futuro con actividades innovadoras (Monteiro, et al, 2017;Al Mamun y Fazal, 2018). Los individuos proactivos en la organización son capaces de identificar oportunidades y Licencia de Creative Commons Reconocimiento-NoComercial-CompartirIgual 3.0 Unported.…”

Section: Relación De La Dimensión De Proactividad En La Innovaciónunclassified

“…La deconstrucción del concepto de OE ofrece una perspectiva más tangible para los administradores en contraste con el análisis de la OE como constructo de primer orden que podría ser más intangible y difícil de entender (Linton, 2019), sobre todo para la definición de la estrategia en las Pymes con contextos y estructuras particulares, como es el caso de México. Los diferentes hallazgos de la influencia de las dimensiones de OE con distintas variables de resultados (Shan, et al, 2016;Gomes y Wojahn, 2017;López-Salazar, Molina-Sánchez y Gómez-Hernández, 2018; Putnins y Sauka, 2019) justifican la necesidad de considerar los impactos individuales de las dimensiones de OE con la innovación y no solamente la OE como una única variable (Okangi, 2019).…”

Section: Introductionunclassified

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Orientación emprendedora en la innovación de las pequeñas y medianas empresas en México/ Entrepreneurial orientation in the innovation of small and medium-sized companies in Mexico

2020

RCS

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Resumen En la actualidad, los mercados se han visto cada vez más competidos, en donde las pequeñas y medianas empresas se han encontrado con nuevos desafíos para el correcto desempeño ante estos retos, uno de ellos es el de incrementar su innovación, para lo cual la búsqueda de capacidades que les lleven a lograrlo se vuelve de vital importancia en la toma de decisiones gerenciales. Es por ello, que el objetivo del estudio fue analizar la orientación emprendedora en la innovación de pequeñas y medianas empresas en México. Se determina la influencia de las dimensiones de proactividad, capacidad de innovación y toma de riesgos en la orientación emprendedora en la innovación de 400 pequeñas y medianas empresas de un país emergente como México. La investigación fue de carácter cuantitativo, transversal, para lo cual se aplicó un cuestionario a la alta gerencia, analizando los datos a través del modelaje de ecuaciones estructurales. Los resultados indican que las dimensiones de toma de riesgos y proactividad influyen positiva y significativamente, en cambio, la de capacidad de innovación tiene influencia positiva más no significativa, concluyendo que implica comportamientos organizacionales con propensión hacia mayor aceptación a riesgos de mercado y mejor reacción a tendencias y cambios. Abstract At present, markets have been increasingly competitive, where small and medium-sized companies have encountered new challenges for the correct performance before these challenges, one of them is to increase their innovation, for which the search skills that lead them to achieve it becomes of vital importance in managerial decision making. That is why the objective of the study was to analyze the entrepreneurial orientation in the innovation of small and medium-sized companies in Mexico. The influence of the dimensions of proactivity, innovation capacity and risk taking in the entrepreneurial orientation in the innovation of 400 small and medium-sized companies in an emerging country like Mexico is determined. The research was quantitative, transversal, for which a questionnaire was applied to senior management, analyzing the data through the modeling of structural equations. The results indicate that the dimensions of risk taking and proactivity have a positive and significant influence, whereas the innovation capacity has a positive but not significant influence, concluding that it implies organizational behaviors with a propensity towards greater acceptance of market risks and a better reaction to trends and changes

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Entrepreneurial orientation and the efficiency of SMEs: The role of government financial incentives in an emerging industry

Khattak

Shah

2020

Journal of Public Affairs

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This study examines the moderating role of government financial incentives on the relationship between each dimension of entrepreneurial orientation (i.e., innovativeness, proactiveness and risk‐taking) on the efficiency of SMEs. Data were collected through a structured questionnaire using a sample size of 260 SMEs operating in Pakistan, an emerging economy. The findings indicate that two dimensions of entrepreneurial orientation (i.e., innovativeness and proactiveness) have a significant positive impact on SMEs' efficiency but risk‐taking has an insignificant influence on the efficiency of SMEs. Furthermore, government financial incentives significantly strengthen the relationship of innovativeness and efficiency as well as between risk‐taking and efficiency. Surprisingly, the relationship between innovativeness and efficiency is not significantly tighter by government financial incentives in emerging SMEs. This study recommends that SMEs need to emphasize innovative and proactive entrepreneurial activities. This study also suggested that in particular, risk‐averse owners and managers should build strong ties with the government to access financial resources, so they will likely take the risk and invest enough capital in several projects. Moreover, our research advises the government to facilitate SMEs to boost the industrial growth that will result in high economic growth.

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The impacts of entrepreneurial orientation on the profitability growth of construction firms in Tanzania

Cited by 38 publications

References 104 publications

Entrepreneurial Orientation and Market Share of Selected Quoted Consumer Goods Manufacturing Companies in Nigeria

Entrepreneurial Orientation and Market Share of Selected Quoted Consumer Goods Manufacturing Companies in Nigeria

Orientación emprendedora en la innovación de las pequeñas y medianas empresas en México/ Entrepreneurial orientation in the innovation of small and medium-sized companies in Mexico

Entrepreneurial orientation and the efficiency of SMEs: The role of government financial incentives in an emerging industry

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