Theoretical Economics Letters

Volume 7, Issue 5 (August 2017)

ISSN Print: 2162-2078   ISSN Online: 2162-2086

Google-based Impact Factor: 1.19  Citations  h5-index & Ranking

Configuration Approach to Strategic & Entrepreneurial Orientation Construct & Small Firm Growth: Evidence from India

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DOI: 10.4236/tel.2017.75086    1,541 Downloads   3,474 Views  Citations

ABSTRACT

Various researchers have articulated firm level entrepreneurship as a firm’s strategic approach towards entrepreneurship comprising innovativeness, proactiveness and risk-taking and held that these three dimensions covary. Lumpkin and Dess [1] suggested addition of competitive aggressiveness and autonomy to the existing three dimensions and argued that these five dimensions vary independently. Prior research indicates that entrepreneurial orientation (EO) construct is a key ingredient in small firm’s success but few studies have reported an insignificant or negative relationship. Researchers have highlighted the role of contextual variables both exogenous and endogenous in influencing EO-Firm Growth relationship. Building upon past studies, this paper examines EO construct comprising five independent dimensions with environmental uncertainty and resources as moderating variables. Results of the models estimated using contingency and configuration approach indicate that the five dimensions of EO vary independently and show significant interaction effects especially when both the moderating variables were configured simultaneously with individual dimensions of EO construct.

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Gupta, R. and Sebastian, V. (2017) Configuration Approach to Strategic & Entrepreneurial Orientation Construct & Small Firm Growth: Evidence from India. Theoretical Economics Letters, 7, 1261-1281. doi: 10.4236/tel.2017.75086.

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