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Entrepreneurial Orientation: The Dimensions’ Shared Effects in Explaining Firm Performance

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  • Carina Lomberg
  • Diemo Urbig
  • Christoph Stöckmann
  • Louis D. Marino
  • Pat H. Dickson

Abstract

We shed new light on the structure of the relationship between entrepreneurial orientation (EO) and firm performance and how this relationship varies across contexts. Using commonality analysis, we decompose the variance in performance—in terms of the effects of innovativeness, proactiveness, and risk taking—into parts that are attributable to unique variations in these dimensions (unique effects) and those attributable to covariation between these dimensions (shared effects). By demonstrating the empirical relevance of unique, bilaterally shared, and commonly shared effects in a heterogeneous sample of low–tech, high–tech, and multi–sector firms, we consolidate existing conceptualizations of EO and propose an extension of the extant theoretical views of the construct.

Suggested Citation

  • Carina Lomberg & Diemo Urbig & Christoph Stöckmann & Louis D. Marino & Pat H. Dickson, 2017. "Entrepreneurial Orientation: The Dimensions’ Shared Effects in Explaining Firm Performance," Entrepreneurship Theory and Practice, , vol. 41(6), pages 973-998, November.
    • Handle: RePEc:sae:entthe:v:41:y:2017:i:6:p:973-998
    DOI: 10.1111/etap.12237
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    5. Wales, W. & Shirokova, G. & Bogatyreva, K. & Germain, R., 2018. "Foreign Motivations: How International Exposure Shapes Firms' Entrepreneurial Orientation in Emerging Market," Working Papers 15121, Graduate School of Management, St. Petersburg State University.
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    18. Mmbaga, Nick A. & Lerman, Michael P. & Munyon, Timothy P. & Lanivich, Stephen E., 2023. "Juggling Act: Waged time investments and the health–wealth trade-off," Journal of Business Research, Elsevier, vol. 158(C).
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