IDEAS home Printed from https://ideas.repec.org/a/mth/jebi88/v8y2021i2p50.html
   My bibliography  Save this article

Entrepreneurial Orientation, Innovation and Performance of Value-system Actors

Author

Listed:
  • Simon Kamuri

Abstract

The purpose of this study was to explore entrepreneurial orientation as a cognitive construct attributable to individuals and its relationship with innovation and performance from an industry ecosystem perspective. The study adopted a mixed design approach involving exploration of the factors and a diagnosis of their hypothesized relationships. A mixed sampling of members of a leather industry association and the linked industry institutions was carried out with a 76% response rate achieved. Quantitative data was collected from key decision-makers as informants of firms in Kenya’s leather industry using a questionnaire for guided interviews. The Delphi Technique and a pilot study (Cronbach’s Alpha 0.700 – 0.772) were used to establish instrument reliability. Factor analysis was performed on the study variables using Principal Component Analysis before inferential analysis. Entrepreneurial orientation showed validity as a second-order latent construct comprising three cognitive dimensions, namely vision for growth, opportunity recognition and calculated risk-taking. Entrepreneurial orientation and its antecedents were established as determinants of performance of value-system actors in an industry (R2=0.422, F=13.417, p=0.000). It further showed that this relationship is partially mediated by innovation by the firms (Sobel test Z-value = 3.30449610, p=0.00095147). The study recommends extension of this research to other industries.

Suggested Citation

  • Simon Kamuri, 2021. "Entrepreneurial Orientation, Innovation and Performance of Value-system Actors," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 8(2), pages 1-50, December.
    • Handle: RePEc:mth:jebi88:v:8:y:2021:i:2:p:50
    as

    Download full text from publisher

    File URL: https://www.macrothink.org/journal/index.php/jebi/article/download/19227/14933
    Download Restriction: no
    File URL: https://www.macrothink.org/journal/index.php/jebi/article/view/19227
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. David Audretsch, 2009. "The entrepreneurial society," The Journal of Technology Transfer, Springer, vol. 34(3), pages 245-254, June.
    2. John Karanja Ngugi & Maurice Otieno Mcorege & Joseph Mwangi Muiru, 2013. "The Influence of Innovativeness on the Growth of SMEs In Kenya," International Journal of Business and Social Research, LAR Center Press, vol. 3(1), pages 25-31, January.
    3. Scott Shane, 2000. "Prior Knowledge and the Discovery of Entrepreneurial Opportunities," Organization Science, INFORMS, vol. 11(4), pages 448-469, August.
    4. John Karanja Ngugi & Maurice Otieno Mcorege & Joseph Mwangi Muiru, 2013. "The Influence of Innovativeness on the Growth of SMEs In Kenya," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 3(1), pages 25-31, January.
    5. Andreas Rauch & Johan Wiklund & G.T. Lumpkin & Michael Frese, 2009. "Entrepreneurial Orientation and Business Performance: An Assessment of past Research and Suggestions for the Future," Entrepreneurship Theory and Practice, , vol. 33(3), pages 761-787, May.
    6. Hinh T. Dinh & George R.G. Clarke, 2012. "Performance of Manufacturing Firms in Africa : An Empirical Analysis," World Bank Publications - Books, The World Bank Group, number 11959, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Simon Kamuri, 2022. "Understanding entrepreneurial vision for growth, innovation and performance in Kenya’s leather industry," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 119-130, December.
    2. Erik Lundmark & Anna Krzeminska & Dean A. Shepherd, 2019. "Images of Entrepreneurship: Exploring Root Metaphors and Expanding Upon Them," Entrepreneurship Theory and Practice, , vol. 43(1), pages 138-170, January.
    3. Nabila Abid & Michael Dowling & Federica Ceci & Junaid Aftab, 2023. "Does resource bricolage foster SMEs' competitive advantage and financial performance? A resource‐based perspective," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5833-5853, December.
    4. Andranik Tumasjan & Isabell Welpe & Matthias Spörrle, 2013. "Easy Now, Desirable Later: The Moderating Role of Temporal Distance in Opportunity Evaluation and Exploitation," Entrepreneurship Theory and Practice, , vol. 37(4), pages 859-888, July.
    5. D’Angelo, Alfredo & Presutti, Manuela, 2019. "SMEs international growth: The moderating role of experience on entrepreneurial and learning orientations," International Business Review, Elsevier, vol. 28(3), pages 613-624.
    6. Dhruv Grewal & Gopalkrishnan R. Iyer & Rajshekhar (Raj) G. Javalgi & Lori Radulovich, 2011. "Franchise Partnership and International Expansion: A Conceptual Framework and Research Propositions," Entrepreneurship Theory and Practice, , vol. 35(3), pages 533-557, May.
    7. Niels Stijn & Frank J. Rijnsoever & Martine Veelen, 2018. "Exploring the motives and practices of university–start-up interaction: evidence from Route 128," The Journal of Technology Transfer, Springer, vol. 43(3), pages 674-713, June.
    8. Engelen, Andreas & Kube, Harald & Schmidt, Susanne & Flatten, Tessa Christina, 2014. "Entrepreneurial orientation in turbulent environments: The moderating role of absorptive capacity," Research Policy, Elsevier, vol. 43(8), pages 1353-1369.
    9. Nigam, Nirjhar & Benetti, Cristiane & Johan, Sofia A., 2020. "Digital start-up access to venture capital financing: What signals quality?," Emerging Markets Review, Elsevier, vol. 45(C).
    10. Maximilian Goethner & Michael Wyrwich, 2020. "Cross-faculty proximity and academic entrepreneurship: the role of business schools," The Journal of Technology Transfer, Springer, vol. 45(4), pages 1016-1062, August.
    11. Michael Fritsch & Alexander Kritikos & Alina Sorgner, 2013. "Drivers of Self-Employment - A Multivariate Decomposition Analysis for the Case of Germany," Jena Economics Research Papers 2013-006, Friedrich-Schiller-University Jena.
    12. Erik Lundmark & Alf Westelius, 2014. "Entrepreneurship as Elixir and Mutagen," Entrepreneurship Theory and Practice, , vol. 38(3), pages 575-600, May.
    13. José L. González-Pernía & Iñaki Peña-Legazkue, 2011. "The impact of export-oriented entrepreneurship on regional economic growth," ERSA conference papers ersa11p1526, European Regional Science Association.
    14. Sophie BOUTILLIER & Godefroy KIZABA, 2011. "La création de très petites entreprises, territoire et relations sociales. enquête dans la région du Nord-pas de calais (France) CREATION OF VERY SMALL ENTERPRISES, TERRITORY AND SOCIAL RELATIONSHIPS ," Working Papers 244, Laboratoire de Recherche sur l'Industrie et l'Innovation. ULCO / Research Unit on Industry and Innovation.
    15. Niccolò Ghio & Massimiliano Guerini & Erik Lehmann & Cristina Rossi-Lamastra, 2015. "The emergence of the knowledge spillover theory of entrepreneurship," Small Business Economics, Springer, vol. 44(1), pages 1-18, January.
    16. Suddaby, Roy & Bruton, Garry D. & Si, Steven X., 2015. "Entrepreneurship through a qualitative lens: Insights on the construction and/or discovery of entrepreneurial opportunity," Journal of Business Venturing, Elsevier, vol. 30(1), pages 1-10.
    17. Feifei Jiang & Gang Wang & Xu Jiang, 2019. "Entrepreneurial orientation and organizational knowledge creation: A configurational approach," Asia Pacific Journal of Management, Springer, vol. 36(4), pages 1193-1219, December.
    18. Rajeev Goel & Devrim Göktepe-Hultén & Rati Ram, 2015. "Academics’ entrepreneurship propensities and gender differences," The Journal of Technology Transfer, Springer, vol. 40(1), pages 161-177, February.
    19. Rodrigo-Alarcón, Job & García-Villaverde, Pedro M. & Ruiz-Ortega, María J. & Parra-Requena, Gloria, 2018. "From social capital to entrepreneurial orientation: The mediating role of dynamic capabilities," European Management Journal, Elsevier, vol. 36(2), pages 195-209.
    20. Ardjouman Diabate & Hagan Sibiri & Linyu Wang & Liying Yu, 2019. "Assessing SMEs’ Sustainable Growth through Entrepreneurs’ Ability and Entrepreneurial Orientation: An Insight into SMEs in Côte d’Ivoire," Sustainability, MDPI, vol. 11(24), pages 1-26, December.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mth:jebi88:v:8:y:2021:i:2:p:50. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Technical Support Office (email available below). General contact details of provider: http://www.macrothink.org/journal/index.php/jebi .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.