Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/260990 
Year of Publication: 
2022
Citation: 
[Journal:] Journal of Innovation & Knowledge (JIK) [ISSN:] 2444-569X [Volume:] 7 [Issue:] 2 [Article No.:] 100174 [Publisher:] Elsevier [Place:] Amsterdam [Year:] 2022 [Pages:] 1-13
Publisher: 
Elsevier, Amsterdam
Abstract: 
Entrepreneurial orientation (EO) is associated with superior performance, although the mechanisms through which EO translates into an advantageous market position are still poorly understood. Drawing on EO and resource-based theory (RBT) literature, this study highlights the role of a systemic bundle of firms' capabilities in channelling the effect of EO on performance. The components of EO - innovativeness, risk-taking, and proactiveness - are analysed hierarchically to better understand how the entrepreneurial process builds within the firm and facilitates the development of idiosyncratic capabilities. The results, based on a sample of firms operating in rapidly evolving markets, suggest that innovativeness, as part of the organizational culture, contributes to risk-taking and proactiveness. Proactiveness enables firms to seize new market opportunities and foster innovation capability, directly and indirectly, through networking and market learning. Innovation capability is the ultimate driver of a firm's performance, in terms of enhancing its customer equity and business growth.
Subjects: 
Entrepreneurial orientation
Firm performance
Hierarchical model
Innovation capability
Market learning
Networking
JEL: 
M10
M13
M14
M30
M39
O31
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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