Entrepreneurial orientation pathways to performance: A fuzzy-set analysis ☆

Most prior research on entrepreneurial orientation (EO) aggregates its features into a gestalt construct to investigate its influence on firm performance. This study deconstructs EO into innovativeness, proactiveness, and risk-taking dimensions and focuses on the causal mechanisms by which those factors collectively affect performance. By drawing on the resource-based view of the firm and its dynamic capabilities extension, the study identifies multiple paths of complex causal recipes that can lead to certain organizational capabilities, competitive advantages, and performance. To do that, the study uses fuzzy-set qualitative comparative analysis (fsQCA), a technique that provides a holistic view of the examined interrelationships, compared to traditional net effect approaches that assume symmetric and linear relationships among variables. The study provides key conclusions and insightful implications for managers and researchers.

[1]  Kun-Huang Huarng,et al.  Innovation and entrepreneurship in knowledge industries , 2013 .

[2]  Scott L. Newbert Empirical research on the resource‐based view of the firm: an assessment and suggestions for future research , 2007 .

[3]  Olav Schram Stokke,et al.  Qualitative comparative analysis, shaming, and international regime effectiveness , 2007 .

[4]  S. Zahra,et al.  Entrepreneurship and Dynamic Capabilities: A Review, Model and Research Agenda , 2006 .

[5]  Margaret A. Peteraf The cornerstones of competitive advantage: A resource‐based view , 1993 .

[6]  Cheng-Feng Cheng,et al.  Configural paths to successful product innovation , 2013 .

[7]  A. Woodside Moving beyond multiple regression analysis to algorithms: Calling for adoption of a paradigm shift from symmetric to asymmetric thinking in data analysis and crafting theory , 2013 .

[8]  K. Atuahene–Gima,et al.  Resolving the Capability–Rigidity Paradox in New Product Innovation , 2005 .

[9]  G. Hooley,et al.  Customer orientation and innovativeness: Differing roles in New and Old Europe , 2008 .

[10]  R. Srivastava,et al.  Market-based capabilities and financial performance of firms: insights into marketing’s contribution to firm value , 2009 .

[11]  C. Fornell,et al.  Evaluating structural equation models with unobservable variables and measurement error. , 1981 .

[12]  Charlotte H. Mason,et al.  Market orientation, marketing capabilities, and firm performance , 2009 .

[13]  Chih‐Wen Wu Global-innovation strategy modeling of biotechnology industry , 2013 .

[14]  Yi Liu,et al.  Strategic Orientations, Knowledge Acquisition, and Firm Performance: The Perspective of the Vendor in Cross-Border Outsourcing , 2010 .

[15]  Mihai Paunescu,et al.  Mapping the institutional capital of high-tech firms: A fuzzy-set analysis of capitalist variety and export performance , 2010 .

[16]  R. Morgan,et al.  Deconstructing the relationship between entrepreneurial orientation and business performance at the embryonic stage of firm growth , 2007 .

[17]  G. Hult,et al.  Innovation, Market Orientation, and Organizational Learning: An Integration and Empirical Examination , 1998 .

[18]  Charalampos Saridakis,et al.  Examining the role of CSR skepticism using fuzzy-set qualitative comparative analysis , 2014 .

[19]  D. Slevin,et al.  Strategic management of small firms in hostile and benign environments , 1989 .

[20]  Kathleen M. Eisenhardt,et al.  DYNAMIC CAPABILITIES, WHAT ARE THEY? , 2000 .

[21]  Alois Ganter,et al.  Configurational paths to organizational innovation: qualitative comparative analyses of antecedents and contingencies , 2014 .

[22]  Annie Peng Cui,et al.  The Importance of Strategic Fit between Host–Home Country Similarity and Exploration Exploitation Strategies on Small and Medium-Sized Enterprises’ Performance: A Contingency Perspective , 2014 .

[23]  Neil A. Morgan,et al.  Benchmarking Marketing Capabilities for Sustainable Competitive Advantage , 2005 .

[24]  David A. Griffith,et al.  An Examination of Exploration and Exploitation Capabilities: Implications for Product Innovation and Market Performance , 2007 .

[25]  Eric Fang Customer Participation and the Trade-Off between New Product Innovativeness and Speed to Market , 2008 .

[26]  Kevin Zheng Zhou,et al.  NPD speed vs. innovativeness: The contingent impact of institutional and market environments , 2013 .

[27]  Kalle Pajunen,et al.  Institutions and inflows of foreign direct investment: a fuzzy-set analysis , 2008 .

[28]  Gregory G. Dess,et al.  Clarifying the Entrepreneurial Orientation Construct and Linking It To Performance , 1996 .

[29]  D. De Clercq,et al.  Entrepreneurial Strategic Posture and Performance in Foreign Markets: The Critical Role of International Learning Effort , 2014 .

[30]  Peer C. Fiss Building Better Causal Theories: A Fuzzy Set Approach to Typologies in Organization Research , 2011 .