This thesis examines the impact of entrepreneurial orientation eo and its individual dimensions of innovativeness, risktaking and proactiveness on the performance of smalltomedium sized enterprises smes. Institutional environments and youths entrepreneurial. To that end we conducted a descriptive quantitative study with a sample of 250 respondents in the hospitality industry in brazil. Building an entrepreneurial orientation can be valuable to organizations and individuals alike in identifying and seizing new opportunities. One explanation for this may be the lack of a suitable scale measuring entrepreneurship orientation of social entrepreneurial individuals. Abstract we take a first step to explore how organizational factors influence individual entrepreneurial behavior at work, by investigating the role of job design variables. Analysing factors affecting the individual entrepreneurial orientation of university students meltem mutluturk, bogazici university sona mardikyan, bogazici university abstract each individual, at some point in their lives, has faced the dilemma of whether or not to become their own boss or work for someone else. Individual entrepreneurial orientationieoof university. The personality characteristics of an entrepreneur and.
Individual entrepreneurial orientation and intrapreneurship. Entrepreneurial orientation has become one of the most established and researched constructs in the entrepreneurship literature. We argue that this concept can be translated to the individual level as a constellation. Entrepreneurial orientation and firm performance emerald insight. Conceptualization of a cross cultural research framework. The motivators that guide university students individual entrepreneurial orientation towards new venture creation are an emerging theme. Although it is acknowledged that entrepreneurial orientation and its attributes have. The result revealed that all three predictor variables institutional environments made a statistical unique contribution to the model. Exploring the entrepreneurial orientation of intrapreneurs. While entrepreneurial orientation eo has traditionally been defined and operationalized as a firmlevel phenomenon, recent studies extended the construct to the individual level ieo.
Demographic variables influencing individual entrepreneurial orientation and strategic thinking capability 7 strategic thinking jelenc, 2009 is recognized as a process in which a person is perceiving, reflecting, feeling, realizing and acknowledging signs that impact the future of the firm, giving. Oct 29, 2016 as such, understanding of what influence young adults intention towards entrepreneurship is important in the effort of entrepreneurship development. This is different from miller 1983, who seemed to envision a binary value, that is, a firm is either entrepreneurial or it is not. Synergic individual entrepreneurial orientation of. This paper addressed this issue and proposed future empirical investigation on the role of creativity towards entrepreneurial intention through an individual entrepreneurial orientation ieo. This indicates that the available today literature does not contain similar research, thus, there is a gap in literature. Entrepreneurial orientation is considered to be a higher order construct with multidimensional measure of firm level entrepreneurship, comprising of innovativeness, proactiveness, risktaking, competitive aggressiveness and autonomy. In terms of dependent variables, the most used variable is nascent entrepreneurship rate.
This study was carried out to address the university students level of entrepreneurial intention and the influence of individual entrepreneurial. This article explores how individual entrepreneurial orientation dimensions influence the relationship between competitive strategy and firm performance. An entrepreneurial orientation defined as the proactive nature of business related to the products and services in the market by seeking for new innovation and investing into the business in spite. Orientation are innovativeness, proactiveness and risk taking respectively. Entrepreneurial orientation eo is a firmlevel strategic orientation which captures an organizations strategymaking practices, managerial philosophies, and firm behaviors that are entrepreneurial in nature.
The aim of this study is to investigate the factors affecting the individual entrepreneurial orientation ieo of university students. Entrepreneurial orientation and company performance. Entrepreneurial orientation on the innovation process. Pdf individual entrepreneurial orientation in higher. As such, understanding of what influence young adults intention towards entrepreneurship is important in the effort of entrepreneurship development. Jul 06, 2011 this paper aims at conceptualizing a research framework based on the entrepreneurial orientation construct and transferring this construct to the individual level. The purpose of this study is to address this gap by proposing an initial assessment tool for individual sent orientation iseo. Research results show that entrepreneurial, risktaking and progression has a positive effect on market orientation while innovation has a negative effect. To answer the research questions, two hypotheses were formulated. Implications of this line of research highlight the im portance of studying entrepreneurial orientation at the individual level of analysis and how firms with growth. The relationship between individual entrepreneurial orientation ieo.
Synergic individual entrepreneurial orientation of university. The items for the scale were based on the definitions of the. Effective factors on entrepreneurial orientation in iran. Explaining entrepreneurial status and success from. This paper addressed this issue and proposed future empirical investigation on the role of creativity towards entrepreneurial intention through an individual entrepreneurial orientation ieo perspective. Entrepreneurial orientation, firm strategy and small firm. Strategic entrepreneurship journal 425 w state street purdue university west. This paper aims at conceptualizing a research framework based on the entrepreneurial orientation construct and transferring this construct to the individual level.
Many studies use total entrepreneurship activity tea which is one of the most important indicator in. At one point researchers started asking questions about the interplay between a firms entrepreneurial orientation and the entrepreneurial orientation of the individual. It is envisioned that this study will help scholars to gain a deeper understanding of the relationship between entrepreneurial orientation and performance. A measure of individual entrepreneurial orientation ieo was generated, validated, and then tested on 1,100 university students.
It also found that market orientation trough social enterprise can improve social performance, such as a public. Exploring individual entrepreneurial orientation and its relation to entrepreneurial action. Understanding antecedents of entrepreneurial orientation at the individual level could be valuable to future business owners, to business incubators and to potential investors who are considering. The relationship between individual entrepreneurial. Entrepreneurship defining entrepreneurship is the basis for understanding the concept of entrepreneurial. One explanation for this may be the lack of a suitable scale measuring entrepreneurship orientation of social entrepreneurial. Municipalities and cities are facing a strong pressure to digitalize and develop themselves into smart cities. This study was carried out to address the university students level of entrepreneurial intention and the influence of individual entrepreneurial orientation ieo on entrepreneurial intention. The measurement of entrepreneurial orientation jeffrey g. Entrepreneurial orientation eo overall strategic posture toward. Conceptualization of a crosscultural research framework. Entrepreneurship orientation, market orientation, business. Influence between individual entrepreneurial orientation.
It was then further popularized by covin and slevin 1989 in their concept of entrepreneurial strategic posture esp. We theorize how teams might draw on the eo of their individual members, forming what we call team eo, and pose that eo will manifest in corollary attitudes and. Defining entrepreneurial orientation the most widely used definition of eo is based on work. A comparison between efficiencydriven economies and innovationdriven economies juanzi wang thesis submitted to the. Feb 20, 2019 at one point researchers started asking questions about the interplay between a firms entrepreneurial orientation and the entrepreneurial orientation of the individual. Furthermore, covin and slevin suggested that entrepreneurial orientation was a continuum that ranged from conservative to entrepreneurial and that firms could be positioned anywhere on the continuum.
The goal of this study was to investigate the influence between individual entrepreneurial orientation, service strategy and business performance. The findings show the different impacts of individual entrepreneurial orientation dimensions on competitive strategy and the effects of cost leadership and differentiation on performance. The purpose of this paper is to develop a measurement instrument for individual entrepreneurial orientation to be used to measure the entrepreneurial orientation of students and other individuals. Individual entrepreneurial orientation impact on entrepreneurial intention.
Entrepreneurial orientation and company performance sandra schillo key results from the literature are then presented and discussed in terms of their implications for management, all of which are summarized in the conclusions section. The concept of entrepreneurial orientation now publishers. While we know much about individual creativity, how does it contribute to the innovation. This article explores how the concept of entrepreneurial orientation eo has been portrayed and assessed in prior research. Apr, 2012 the purpose of this paper is to develop a measurement instrument for individual entrepreneurial orientation to be used to measure the entrepreneurial orientation of students and other individuals. Beyond this finding, the literature can only provide limited guidance for managers of individual companies.
Eric ej961536 individual entrepreneurial orientation. Pdf explaining individual entrepreneurial orientation. The items for the scale were based on the definitions of the five entrepreneurial orientation dimensions presented by lumpkin and dess. Therefore, this paper provides some basic insights on ieo among university students. The goal of this study is therefore to address this gap in the literature, by empirically exploring the individual eo dimensions and. Do organizational cultures contribute to an entrepreneurial orientation. For executives, it is important to design organizational systems and policies to reflect the five dimensions of eo. Measuring individual entrepreneurial orientation ieo can help individuals, teachers, investors, and firms understand a student or employees personal orientation. It must be noted that there is a reason to believe that the relationship between eo and profitability may be especially high among micro enterprises. Jun 04, 2015 entrepreneurial orientation is defined as an organizations strategy, describing its innovativeness, proactivity, risk taking, autonomy and competitiveness. For example, the finding that entrepreneurial orientation often has a curvilinear effect on performance spells a useful warning for managers.
Jan 09, 2015 5 characteristics of entrepreneurial spirit. While the literature has described social entrepreneurs as overwhelmingly occupying a pivotal role in social entrepreneurship sent process, there is a high inconsistency prevailing with respect to entrepreneurial traits, attitudes and skills of social entrepreneurs. Mar 31, 2011 examining the dual forces of individual entrepreneurial orientation and liability of foreignness on international entrepreneurs. By this insights into influencing factors of entrepreneurial individuals operating in different countries become possible. Pdf the relationship between individual entrepreneurial. An attempt to identify individual entrepreneurial orientation is found in the work of kollman, christofor and kuckertz 2007, and bolton and lane 2012 who simply transformed the original. Exploring the antecedents of individuallevel entrepreneurial. Steps can be taken by executives to develop a stronger entrepreneurial orientation throughout an organization and by individuals to become more entrepreneurial themselves. The influence of entrepreneurial orientation on the. While innovation is the sharp implement of entrepreneurs, knowledge is the critical element of the innovation system. Examining the dual forces of individual entrepreneurial orientation and liability of foreignness on international entrepreneurs. However, due to the word limit of a bachelors thesis, the discussion of these issues must be left aside and the central theme remains on the entrepreneur as. While entrepreneurial orientation eo has traditionally been defined and operationalized as a firmlevel phenomenon, recent studies extended the construct to the individuallevel ieo.
However, the influence of entrepreneurial orientation on performance is not always immediately apparent. However, the regulative and cognitive model made a statistically significant unique contribution to impacting the individual entrepreneurial orientation among the university educated nigerian youths. Realizing that in both cases neither the organization nor the individual had all the requisite capabilities of risktaking, innovativeness, and proactiveness. Individual entrepreneurial orientation ieo is a crucial competency in becoming a successful entrepreneur, but few studies have scrutinized the issue. Exploring individual entrepreneurial orientation and its.
However, the regulative and cognitive model made a statistically significant unique contribution to impacting the individual entrepreneurial orientation among the. Discussion of results in chapter five for entrepreneurship education and entrepreneurial orientation research concludes. The novel settings of entrepreneurship education the developing country context of south east asia malaysia and. Examining the dual forces of individual entrepreneurial. The main objective of this paper is to propose the concept of individual entrepreneurial orientation ieo, based on the construct entrepreneurial orientation, a concept from the strategymaking literature, composed of five entrepreneurial dimensions autonomy, innovativeness, risk taking, proactiveness, and competitive aggressiveness lumpkin. Therefore, the components and variables influencing the entrepreneurial orientation were recognized and described and then a conceptual model based on these variable and the linkage between them were proposed, subsequently the model was tested for being sound for the banking system. Research on entrepreneurial intention and orientation for students has been done. Entrepreneurial orientation consists of five dimensions. Considerations of entrepreneurship education and training affecting postgraduate students. Synergic individual entrepreneurial orientation of university students. The relationship between individual entrepreneurial orientation. This article investigates the relationship of individual entrepreneurial orientation ieo and individuallevel exploration and exploitation activities to analyze a municipalitys ability to discover potentially important technologies and innovations. The entrepreneurial spirt isnt something you are taught, its something you must develop within yourself. An entrepreneurial orientation is associated with increased earnings in certain.
Entrepreneurial orientation is defined as an organizations strategy, describing its innovativeness, proactivity, risk taking, autonomy and competitiveness. This study was carried out to address the university students level of entrepreneurial intention and the influence of individual entrepreneurial orientation ieo on. The factors affecting individuals choice to be entrepreneur. Individual entrepreneurial orientation ieo entrepreneurial orientation eo was a concept originated from miller 1983 which consists of three dimensions, namely innovativeness, proactiveness and risktaking.
In this chapter, individual entrepreneurial orientation will be investigated to find the influence it has on entrepreneurial action of post graduate students. Some scholars have therefore introduced a mediating variable which. The impact of entrepreneurial orientation on firm performance. Entrepreneurial orientation mastering strategic management.54 1046 259 291 1000 918 1147 458 400 76 1563 536 1504 866 1206 1539 46 1421 953 206 182 272 861 1145 1572 623 1030 437 1483 1506 1508 229 1203 1571 112 1603 101 467 545 1032 408 544 1472 1227 885