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Entrepreneurial Orientation (EO) and Knowledge Creation (KC)

Author

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  • Franc Vidic

    () (GEA College, Faculty for entrepreneurship, Dunajska cesta 156, 1000 Ljubljana, Slovenia)

Abstract

There is wide acceptance of the precept that entrepreneurial orientation is associated with superior firm performance, and knowledge has been recognized as a key resource for preserving the competitive advantage. Enterprises must know what to do, how to do it, as well as when and where to do it. They must be able to identify and exploit opportunities. This study explains the relationship between entrepreneurial orientation (EO) and knowledge creation (KC). It uses a sample of 195 items from SMEs to explore the relationship between entrepreneurial and knowledge creation orientation. Entreprenurship orientation includes five dimensions: innovativeness, risk – taking, proactiveness, competitive aggressiveness and autonomy process, while the knowledge creation includes the following four processes: socialization, externalization, combination and internalization. The findings show the existence of a close relationship between entrepreneurial orientation and knowledge creation.

Suggested Citation

  • Franc Vidic, 2013. "Entrepreneurial Orientation (EO) and Knowledge Creation (KC)," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Eastern Macedonia and Thrace Institute of Technology (EMATTECH), Kavala, Greece, vol. 6(2), pages 103-124, September.
  • Handle: RePEc:tei:journl:v:6:y:2013:i:2:p:103-124
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    File URL: http://ijbesar.teiemt.gr/docs/volume6_issue2/eo_kc.pdf
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    File URL: http://ijbesar.teiemt.gr/volume6_issue2.php
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    References listed on IDEAS

    as
    1. Sangaralingam Ramesh, 2012. "Infrastructure, Knowledge and Economic Growth in China: 1953–2004," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Eastern Macedonia and Thrace Institute of Technology (EMATTECH), Kavala, Greece, vol. 5(1), pages 23-50, April.
    2. Fagerberg, Jan & Landström, Hans & Martin, Ben R., 2012. "Exploring the emerging knowledge base of ‘the knowledge society’," Research Policy, Elsevier, vol. 41(7), pages 1121-1131.
    3. Avlonitis, George J. & Salavou, Helen E., 2007. "Entrepreneurial orientation of SMEs, product innovativeness, and performance," Journal of Business Research, Elsevier, vol. 60(5), pages 566-575, May.
    4. Ward, Thomas B., 2004. "Cognition, creativity, and entrepreneurship," Journal of Business Venturing, Elsevier, vol. 19(2), pages 173-188, March.
    5. Danny Miller, 1983. "The Correlates of Entrepreneurship in Three Types of Firms," Management Science, INFORMS, vol. 29(7), pages 770-791, July.
    6. Williams, Christopher & Lee, Soo Hee, 2009. "Resource allocations, knowledge network characteristics and entrepreneurial orientation of multinational corporations," Research Policy, Elsevier, vol. 38(8), pages 1376-1387, October.
    7. Desislava Ivanova Yordanova, 2011. "Entrepreneurial orientation in family and non-family firms: evidence from Bulgaria," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Eastern Macedonia and Thrace Institute of Technology (EMATTECH), Kavala, Greece, vol. 4(1), pages 185-203, March.
    8. Audretsch, David B. & Bönte, Werner & Keilbach, Max, 2008. "Entrepreneurship capital and its impact on knowledge diffusion and economic performance," Journal of Business Venturing, Elsevier, vol. 23(6), pages 687-698, November.
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    Citations

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    Cited by:

    1. Valerija Botrić & Ljiljana Božić, 2015. "Fostering Innovation through Creativity Stimulation Methods in Croatia," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Eastern Macedonia and Thrace Institute of Technology (EMATTECH), Kavala, Greece, vol. 8(1), pages 7-24, August.

    More about this item

    Keywords

    SMEs; entrepreneurial orientation (EO); knowledge creation (KC);

    JEL classification:

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

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