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Entrepreneurial Orientation and Business Performance – A Replication Study

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  • Frank Hermann
  • Alexander Kessler
  • Matthias Fink
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    Abstract

    We examine the effect of entrepreneurial orientation (EO) and hypothesize that EO has a positive impact on business performance. We create a contingency model and a configuration model and compare their results to those derived from a main-effects model. The study replicates the work of Wiklund and Shepherd (2005) and tests the validity of their results in a different national context. Our analysis indicates a positive connection between EO and business performance only in cases in which a dynamic environment is combined with high access to financial capital and when a stable environment is combined with low access to financial capital. Our analysis also indicates that EO may have a negative effect on performance in certain configurations.

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    Bibliographic Info

    Article provided by LMU Munich School of Management in its journal Schmalenbach Business Review.

    Volume (Year): 62 (2010)
    Issue (Month): 2 (April)
    Pages: 175-198

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    Handle: RePEc:sbr:abstra:v:62:y:2010:i:2:p:175-198

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    Related research

    Keywords: Business Performance; Configurational Approach; Entrepreneurial Orientation; SMEs.;

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    Cited by:
    1. Jelle Schepers & Wim Voordeckers & Tensie Steijvers & Eddy Laveren, 2014. "The entrepreneurial orientation–performance relationship in private family firms: the moderating role of socioemotional wealth," Small Business Economics, Springer, vol. 43(1), pages 39-55, June.
    2. Weismeier-Sammer, Daniela, 2011. "Entrepreneurial behavior in family firms: A replication study," Journal of Family Business Strategy, Elsevier, vol. 2(3), pages 128-138.

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