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Appearance of entrepreneurial values and strategic orientations in the basic values

Author

Listed:
  • Éva Málovics

    (University of Szeged)

  • Gergely Farkas

    (University of Szeged)

  • Beáta Vajda

    (University of Szeged)

Abstract

According to Schwartz, behaviour is oriented by values through motivations. In our opinion, these values in case of the entrepreneurial behaviour are expressed as entrepreneurial values and factors of strategic orientations in the specific literature. Entrepreneurial orientation includes the dimensions of risk taking, innovativeness and pro-activeness. Learning orientation summarizes the factors of common vision, a commitment to business and the ability to accept bottom-up initiatives in a well-defined approach. We study these orientations because our goal is to describe the value structure of an innovative entrepreneurial behaviour what is desirable in a science park. At first, we investigated the difference between the values of Hungarian citizens and Hungarian entrepreneurs. After that, we assessed whether there is a difference of values among entrepreneurs who have different levels of entrepreneurial or learning orientation. Our results suggest that Hungarian entrepreneurs differ from other citizens in several dimensions of fundamental values, and they also differ in having different strategic orientations.

Suggested Citation

  • Éva Málovics & Gergely Farkas & Beáta Vajda, 2015. "Appearance of entrepreneurial values and strategic orientations in the basic values," International Journal of Business and Management, International Institute of Social and Economic Sciences, vol. 3(1), pages 18-35, February.
    • Handle: RePEc:sek:jijobm:v:3:y:2015:i:1:p:18-35
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    References listed on IDEAS

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    1. Andreas Rauch & Johan Wiklund & G.T. Lumpkin & Michael Frese, 2009. "Entrepreneurial Orientation and Business Performance: An Assessment of past Research and Suggestions for the Future," Entrepreneurship Theory and Practice, , vol. 33(3), pages 761-787, May.
    2. McGrath, Rita Gunther & MacMillan, Ian C. & Scheinberg, Sari, 1992. "Elitists, risk-takers, and rugged individualists? An exploratory analysis of cultural differences between entrepreneurs and non-entrepreneurs," Journal of Business Venturing, Elsevier, vol. 7(2), pages 115-135, March.
    3. Szerb, László & Kocsis-Kisantal, Orsolya, 2008. "Vállalkozói kultúra Magyarországon két napilap tükrében [Corporate culture in Hungary seen through two daily newspapers]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 243-261.
    4. Danny Miller, 1983. "The Correlates of Entrepreneurship in Three Types of Firms," Management Science, INFORMS, vol. 29(7), pages 770-791, July.
    5. Jeffrey G. Covin & Dennis P. Slevin, 1989. "Strategic management of small firms in hostile and benign environments," Strategic Management Journal, Wiley Blackwell, vol. 10(1), pages 75-87, January.
    6. Catherine L. Wang, 2008. "Entrepreneurial Orientation, Learning Orientation, and Firm Performance," Entrepreneurship Theory and Practice, , vol. 32(4), pages 635-657, July.
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    Cited by:

    1. Sabrina O. Sihombing, 2018. "Predicting the Relationship between Values, Attitude and Intention to Quit: An Empirical Examination of Indonesian Micro Entrepreneurs," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 571-575:6.

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    More about this item

    Keywords

    values; entrepreneurial orientation; innovativeness; learning orientation;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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