The Impact of Entrepreneurial Orientation on the Performance and Speed of Internationalization
Abstract Entrepreneurial orientation has emerged as a major construct in entrepreneurship literature. However, existing definitions of entrepreneurial orientation mainly focus on explorative behavior like innovativeness, proactiveness and risk-taking. Based on the long tradition of research on entre...
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| Format: | Article |
| Language: | English |
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Cognitione Foundation for the Dissemination of Knowledge and Science
2014-01-01
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| Series: | Journal of Entrepreneurship, Management and Innovation |
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http://jemi.edu.pl/uploadedFiles/file/all-issues/vol10/issue4/JEMI_Vol10_Issue4_2014_Article7.pdf
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| _version_ | 1841563077345017856 |
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| author | Jörg Freiling Christoph Lütke Schelhowe |
| author_facet | Jörg Freiling Christoph Lütke Schelhowe |
| author_sort | Jörg Freiling |
| collection | DOAJ |
| description | Abstract Entrepreneurial orientation has emerged as a major construct in entrepreneurship literature. However, existing definitions of entrepreneurial orientation mainly focus on explorative behavior like innovativeness, proactiveness and risk-taking. Based on the long tradition of research on entrepreneurial functions, we argue that exploitative activities are no less an entrepreneurial endeavor than explorative activities. Following this understanding, we elaborate a broader conceptualization of the entrepreneurial orientation construct. In an empirical study with 346 established companies, we explore its effect on the performance of internationalization. Entrepreneurial orientation in its broader conceptualization positively influences the international performance and the effect is by far stronger than the one observed in existing studies. The reason for this is that both explorative and exploitative dimensions matter and equally drive the international performance. Entrepreneurial orientation positively influences the growth of the international activities as well. However, its effect is much lower. Whereas the explorative dimensions tend to foster the international growth, the exploitative dimensions do not show any effect. |
| format | Article |
| id | doaj-art-e2e72ad29fdf435880c19e3c1afcf9b5 |
| institution | Kabale University |
| issn | 2299-7326 |
| language | English |
| publishDate | 2014-01-01 |
| publisher | Cognitione Foundation for the Dissemination of Knowledge and Science |
| record_format | Article |
| series | Journal of Entrepreneurship, Management and Innovation |
| spelling | doaj-art-e2e72ad29fdf435880c19e3c1afcf9b52025-01-03T00:17:45ZengCognitione Foundation for the Dissemination of Knowledge and ScienceJournal of Entrepreneurship, Management and Innovation2299-73262014-01-0110416919910.7341/20141047The Impact of Entrepreneurial Orientation on the Performance and Speed of InternationalizationJörg Freiling0Christoph Lütke Schelhowe1 University of Bremen, LEMEX Chair in Small Business & Entrepreneurship Research Affiliate at University of Bremen Abstract Entrepreneurial orientation has emerged as a major construct in entrepreneurship literature. However, existing definitions of entrepreneurial orientation mainly focus on explorative behavior like innovativeness, proactiveness and risk-taking. Based on the long tradition of research on entrepreneurial functions, we argue that exploitative activities are no less an entrepreneurial endeavor than explorative activities. Following this understanding, we elaborate a broader conceptualization of the entrepreneurial orientation construct. In an empirical study with 346 established companies, we explore its effect on the performance of internationalization. Entrepreneurial orientation in its broader conceptualization positively influences the international performance and the effect is by far stronger than the one observed in existing studies. The reason for this is that both explorative and exploitative dimensions matter and equally drive the international performance. Entrepreneurial orientation positively influences the growth of the international activities as well. However, its effect is much lower. Whereas the explorative dimensions tend to foster the international growth, the exploitative dimensions do not show any effect. http://jemi.edu.pl/uploadedFiles/file/all-issues/vol10/issue4/JEMI_Vol10_Issue4_2014_Article7.pdf entrepreneurial orientationentrepreneurial functionsinternational performanceinternational growthexplorationexploitation |
| spellingShingle | Jörg Freiling Christoph Lütke Schelhowe The Impact of Entrepreneurial Orientation on the Performance and Speed of Internationalization Journal of Entrepreneurship, Management and Innovation entrepreneurial orientation entrepreneurial functions international performance international growth exploration exploitation |
| title | The Impact of Entrepreneurial Orientation on the Performance and Speed of Internationalization |
| title_full | The Impact of Entrepreneurial Orientation on the Performance and Speed of Internationalization |
| title_fullStr | The Impact of Entrepreneurial Orientation on the Performance and Speed of Internationalization |
| title_full_unstemmed | The Impact of Entrepreneurial Orientation on the Performance and Speed of Internationalization |
| title_short | The Impact of Entrepreneurial Orientation on the Performance and Speed of Internationalization |
| title_sort | impact of entrepreneurial orientation on the performance and speed of internationalization |
| topic | entrepreneurial orientation entrepreneurial functions international performance international growth exploration exploitation |
| url |
http://jemi.edu.pl/uploadedFiles/file/all-issues/vol10/issue4/JEMI_Vol10_Issue4_2014_Article7.pdf
|
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