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Entrepreneurial Orientation: Its Relationship with the Entrepreneur’s Subjective Success in SMEs

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  • Guadalupe Manzano-García

    (Chair of family businesses, Universidad de la Rioja, 26004 Logroño, La Rioja, Spain)

  • Juan-Carlos Ayala-Calvo

    (Chair of family businesses, Universidad de la Rioja, 26004 Logroño, La Rioja, Spain)

Abstract

Previous research has underlined, normally from a firm-level perspective, the importance of entrepreneurial orientation in explaining objective entrepreneurial success. Nevertheless, its impact on the perception of entrepreneurs with respect to what entrepreneurial success means to them remains underexplored. Based on a sample of manager-owners of small companies, and contemplating entrepreneurial orientation as an individual concept, we used a time-lagged design with two data-collection points to explain the effect of innovative orientation (IO), risk-taking orientation (RTO) and proactive orientation (PO) on the subjective success of entrepreneurs. Our results show that only one dimension of entrepreneurial orientation, proactive orientation, is associated with entrepreneurs’ satisfaction with their activity, life, organization and the growth of the company.

Suggested Citation

  • Guadalupe Manzano-García & Juan-Carlos Ayala-Calvo, 2020. "Entrepreneurial Orientation: Its Relationship with the Entrepreneur’s Subjective Success in SMEs," Sustainability, MDPI, vol. 12(11), pages 1-17, June.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:11:p:4547-:d:366677
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    Cited by:

    1. Guadalupe Manzano-García & Juan Carlos Ayala-Calvo & Pascale Desrumaux, 2020. "Entrepreneurs’ Capacity for Mentalizing: Its Influence on Burnout Syndrome," IJERPH, MDPI, vol. 18(1), pages 1-11, December.
    2. Purevdulam Altantsetseg & Alaleh Dadvari & Tsevegjav Munkhdelger & Gerelt-Od Lkhagvasuren & Massoud Moslehpour, 2020. "Sustainable Development of Entrepreneurial Orientation through Social Drivers," Sustainability, MDPI, vol. 12(21), pages 1-19, October.
    3. Akilimali Ndatabaye Ephrem & Paul Martin Dontsop Nguezet & Ishara Kaciko Charmant & McEdward Murimbika & Bola Amoke Awotide & Abdoulaye Tahirou & Mulindangabo Neema Lydie & Victor Manyong, 2021. "Entrepreneurial Motivation, Psychological Capital, and Business Success of Young Entrepreneurs in the DRC," Sustainability, MDPI, vol. 13(8), pages 1-22, April.
    4. Hernández-Perlines, Felipe & Covin, Jeffrey G. & Ribeiro-Soriano, Domingo E., 2021. "Entrepreneurial orientation, concern for socioemotional wealth preservation, and family firm performance," Journal of Business Research, Elsevier, vol. 126(C), pages 197-208.
    5. Rafael Sancho-Zamora & Isidro Peña-García & Santiago Gutiérrez-Broncano & Felipe Hernández-Perlines, 2021. "Moderating Effect of Proactivity on Firm Absorptive Capacity and Performance: Empirical Evidence from Spanish Firms," Mathematics, MDPI, vol. 9(17), pages 1-15, August.

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