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Risk-taking Propensity, Managerial Network Ties and Firm Performance in an Emerging Economy

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  • Albert Danso
  • Samuel Adomako
  • John Ofori Damoah
  • Moshfique Uddin

Abstract

The objective of the study was to examine the effect of entrepreneurs’ risk-taking propensity on firm performance and the moderating role of managerial network ties on this relationship in a sub-Saharan economy. This theoretically derived research model is empirically validated using survey data from 298 small and medium-sized enterprises (SMEs) in Ghana. The study’s empirical findings are that high levels of entrepreneurs’ risk-taking propensity enhance firm performance. This relationship is amplified when entrepreneurs cultivate stronger business, political and community network ties.

Suggested Citation

  • Albert Danso & Samuel Adomako & John Ofori Damoah & Moshfique Uddin, 2016. "Risk-taking Propensity, Managerial Network Ties and Firm Performance in an Emerging Economy," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 25(2), pages 155-183, September.
    • Handle: RePEc:sae:jouent:v:25:y:2016:i:2:p:155-183
    DOI: 10.1177/0971355716650367
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    References listed on IDEAS

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