Title
Entrepreneurial orientation in small firms - values-attitudes-behavior approach
Date Issued
31 October 2013
Access level
metadata only access
Resource Type
research article
Author(s)
Soininen J.
Puumalainen K.
Sjögrén H.
Syrjä P.
University of Liechtenstein
Abstract
Purpose: The purpose of this paper is to examine the antecedents of entrepreneurial orientation (EO) and also apply the values-attitudes-behavior framework in the context of entrepreneurial behavior. Design/methodology/approach: A quantitative approach is used to test the hypothesis. The paper employs empirical survey data and partial least squares path modeling in the analyses. Findings: The analyses reveal that owner-manager's intrinsic work values are strongest drivers of innovative and proactive behaviors, but also other work values are related to EO. Furthermore, growth-oriented attitude is positively related to innovativeness and proactiveness, while more survival-oriented managers exhibit less risk-taking behavior. Research limitations/implications: In this exploratory study the authors did not control for sector differences. Yet, as sector characteristics may influence the drivers of EO behavior. Practical implications: The paper provides implications for policy makers and practitioners. Entrepreneurial activities and start-ups play a crucial role in many countries as they are vital for economic growths and the countries' well-being. Given this importance any effective public policy intended to promote new firm creation or entrepreneurial growth of existing small businesses will have to recognize the heterogeneity of entrepreneurs and identify the potential or existing entrepreneurs who are likely to be affected by such policies. Originality/value: The paper is one of the first works linking the entrepreneur's work values and attitudes to EO. © Emerald Group Publishing Limited.
Start page
611
End page
632
Volume
19
Issue
6
Language
English
OCDE Knowledge area
Negocios, Administración
Scopus EID
2-s2.0-84886575243
Source
International Journal of Entrepreneurial Behaviour and Research
ISSN of the container
13552554
Sources of information: Directorio de Producción Científica Scopus