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Entrepreneurs' business skills and growth orientation in business development

Author

Listed:
  • Ville-Veikko Piispanen
  • Kaarlo Paloniemi
  • Jaakko Simonen

Abstract

This article explores how the business skills that small and medium-sized entrepreneur possesses and value affect growth orientation in the context of business development. It focuses on the topic through a theoretical framework an entrepreneur and growth orientation. These two elements are key factors in growing and developing business and in strategic entrepreneurship (SE). SE balances two separate elements related to business development: advantage-seeking (AS) actions and opportunity-seeking (OS) actions. The findings of our exploratory quantitative study show that only the skills that entrepreneurs' value affect their growth orientation: the more entrepreneurs value a certain business skill or skills, the more significant they see their self-reported growth orientation to be. The findings further indicate the balance as strategic-oriented.

Suggested Citation

  • Ville-Veikko Piispanen & Kaarlo Paloniemi & Jaakko Simonen, 2017. "Entrepreneurs' business skills and growth orientation in business development," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 32(4), pages 515-536.
    • Handle: RePEc:ids:ijesbu:v:32:y:2017:i:4:p:515-536
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    Cited by:

    1. Marc Dressler, 2023. "Generic strategic profiling of entrepreneurial SMEs – environmentalism as hygiene factor," International Entrepreneurship and Management Journal, Springer, vol. 19(1), pages 121-150, March.

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