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Antecedents of Strategic Orientations in Romanian SMEs: An Institutional Framing Perspective

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  • Iederan, Oana Catalina
  • Curseu, Petru Lucian
  • Vermeulen, Patrick A. M.
  • Geurts, Jac L. A.

Abstract

Using data from 325 Romanian SMEs, we test the joint effect of perceived opportunities and threats in a situation of macro institutional change on strategic orientations. Our findings show that perceived threats moderate the impact of perceived opportunities on SMEs strategic orientation in such a way that perceived threats increase the positive association between perceived opportunities and the prospector strategic orientation, as well as the negative association between perceived opportunities and the defender strategic orientation. Implications of current findings for the framing perspective in institutional theory are also discussed and directions for future research are drawn.

Suggested Citation

  • Iederan, Oana Catalina & Curseu, Petru Lucian & Vermeulen, Patrick A. M. & Geurts, Jac L. A., 2013. "Antecedents of Strategic Orientations in Romanian SMEs: An Institutional Framing Perspective," Journal of East European Management Studies, Rainer Hampp Verlag, vol. 18(3), pages 368-408.
    • Handle: RePEc:rai:joeems:doi_10.1688/1862-0019_jeems_2013_03_iederan
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    Citations

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    Cited by:

    1. Sara Sassetti & Giacomo Marzi & Vincenzo Cavaliere & Cristiano Ciappei, 2018. "Entrepreneurial cognition and socially situated approach: a systematic and bibliometric analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 116(3), pages 1675-1718, September.
    2. Daniel RUSU, 2022. "Association of Knowledge Management with Strategic Management: Directions and Trends at International Level," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(1), pages 49-66, February.

    More about this item

    Keywords

    institutional change; threats and opportunities; Romania; entrepreneurial cognition; strategic orientations;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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