Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/248063 
Year of Publication: 
2020
Citation: 
[Journal:] Verslas: Teorija ir praktika / Business: Theory and Practice [ISSN:] 1822-4202 [Volume:] 21 [Issue:] 2 [Publisher:] Vilnius Gediminas Technical University [Place:] Vilnius [Year:] 2020 [Pages:] 643-653
Publisher: 
Vilnius Gediminas Technical University, Vilnius
Abstract: 
Successful enterprise has been related to numerous characteristics including entrepreneurial orientation. The current study aims to examine the influence of individual entrepreneurial orientation and grit dimensions on entrepreneurial success. The potential mediating role of consistency of interest and perseverance of effort, on the relationship between entrepreneurial orientation and success, was also explored. Survey data were collected in Tripoli, Libya from entrepreneurs during the current economic downturn and crisis. The data from the usable 147 responses was analyzed using partial least squares structural equation modelling. The statistical results revealed a significant relationship between the individual entrepreneurial orientation, consistency of interest, and perseverance of effort, with the dependent variable, entrepreneurial success. The dimensions of grit were also found to mediate the relationship between entrepreneurial orientation and success. The cross-sectional nature of the study and the smaller sample size make the findings difficult to generalize. Verification of the significance of success predictors can unravel concerns about the low rate of established and nascent businesses despite the presence of opportunities and positive perception of entrepreneurship. The study of grit dimensions as a mediator between the individual entrepreneurial orientation and success is unprecedented.
Subjects: 
individual entrepreneurial orientation
entrepreneurial success
grit
consistency of interest
perseverance of effort
crisis
JEL: 
L26
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size
405.43 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.