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Innovation as mediator between entrepreneurial orientation and spin-off venture performance

Author

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  • Roland Helm
  • Oliver Mauroner
  • Michael Dowling

Abstract

A fundamental challenge in entrepreneurship is how to predict firm performance particularly for high technology sectors. In previous empirical research on high technology ventures the concepts of entrepreneurial orientation and entrepreneurial behaviour have been found to be able to differentiate between successful and unsuccessful entrepreneurs. The aim of this paper is to discuss why entrepreneurial orientation and in particular risk taking behaviour and proactivity is of particular importance in the context of high-technology venture success. Furthermore, we argue that innovativeness as a central entrepreneurial object mediates between the motivation and the success of entrepreneurs. Therefore we assume a mediation model between motivation, innovativeness and success. Regarding this model the entrepreneurial orientation of the founders influences new venture performance through its generation of innovativeness. To test the mediation we analyse data from 165 high technology spin-off companies in Germany with structural equation modelling. The results suggest that especially in high technology sectors and in fast growing markets, such as biotechnology, healthcare, information technology and optics where innovation is necessary to endure a pronounced entrepreneurial orientation is important.

Suggested Citation

  • Roland Helm & Oliver Mauroner & Michael Dowling, 2010. "Innovation as mediator between entrepreneurial orientation and spin-off venture performance," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 11(4), pages 472-491.
    • Handle: RePEc:ids:ijesbu:v:11:y:2010:i:4:p:472-491
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    Citations

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    Cited by:

    1. Nicoletta Buratti & Giorgia Profumo & Luca Persico, 2021. "The impact of market orientation on university spin-off business performance," Journal of International Entrepreneurship, Springer, vol. 19(1), pages 104-129, March.
    2. Quang-Huy Ngo, 2023. "The Impact of Entrepreneurial Orientation on SMEs’ Performance in a Transitional Economy: The Mediating Role of Differentiation Advantages and Innovation Capability," SAGE Open, , vol. 13(4), pages 21582440231, October.
    3. Muhammad Anwar & Thomas Clauss & Wunnam Basit Issah, 2022. "Entrepreneurial orientation and new venture performance in emerging markets: the mediating role of opportunity recognition," Review of Managerial Science, Springer, vol. 16(3), pages 769-796, April.
    4. Juan Pablo Diánez-González & Carmen Camelo-Ordaz & Mariluz Fernández-Alles, 2021. "Drivers and implications of entrepreneurial orientation for academic spin-offs," International Entrepreneurship and Management Journal, Springer, vol. 17(2), pages 1007-1035, June.
    5. William E. Baker & Amir Grinstein & Marcelo G. Perin, 2020. "The Impact of Entrepreneurial Orientation on Foreign Market Entry: the Roles of Marketing Program Adaptation, Cultural Distance, and Unanticipated Events," Journal of International Entrepreneurship, Springer, vol. 18(1), pages 63-91, March.

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