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Entrepreneurial orientation and performance of Turkish manufacturing FDI firms: An empirical study

Author

Listed:
  • Harun KAYA

    (Balıkesir Üniversitesi)

  • Veysel AĞCA

    (Afyonkarahisar Kocatepe Üniversitesi)

Abstract

The purpose of this paper is to examine the behavior of emerging market-based foreign direct investment firms from the perspective of international entrepreneurship. Based on the previous literature we have identified the dimensions of international entrepreneurship as proactiveness, risk taking and innovation. We collected data from 94 Turkish manufacturing foreign direct investment firms on these dimensions by means of cross-sectional survey. Utilizing the collected data, this study shows that sampled FDI firms’ entrepreneurial orientations are high on the overall. Widely recognized dimensions of international entrepreneurial orientation (i.e., innovation, proactiveness, and risk taking) are applicable to explain Turkish firms’ behavior. Two dimensions of entrepreneurial orientation, innovation and proactiveness positively and significantly affect performance of foreign equity ventures.

Suggested Citation

  • Harun KAYA & Veysel AĞCA, 2009. "Entrepreneurial orientation and performance of Turkish manufacturing FDI firms: An empirical study," Iktisat Isletme ve Finans, Bilgesel Yayincilik, vol. 24(275), pages 115-133.
    • Handle: RePEc:iif:iifjrn:v:24:y:2009:i:275:p:115-133
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    Cited by:

    1. Ibrahim MusahDONKOH & Hieu Minh VU & Chijioke NWACHUKWU, 2021. "entrepreneurial orientation and small and medium entreprises profitabiliy in Ghana," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 13(1), pages 32-43, March.

    More about this item

    Keywords

    International entrepreneurship; entrepreneurial orientation; performance; Turkish FDI Firms;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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