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Innovativeness as a determinant of entrepreneurial orientation: analysis of the hotel sector

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  • Felipe Hernández-Perlines
  • Manuel Alejandro Ibarra Cisneros
  • Domingo Ribeiro-Soriano
  • Helena Mogorrón-Guerrero

Abstract

This paper analyses entrepreneurial orientation as a composite formed of innovation, proactiveness and risk-taking. The empirical data for this study were gathered from a survey sent to hotel managers. The fieldwork was carried out between January and June 2018. The process provided 102 valid questionnaires. Two methods were used: structural equation modelling (PLS-SEM) and fuzzy-set qualitative comparative analysis (fsQCA). This study makes six key contributions and findings. First, the use of these two methods provides robust and reliable results. Second, reliability and validity values for innovativeness, proactiveness and risk-taking are satisfactory. Third, the operationalisation of entrepreneurial orientation using the latent variables of innovativeness, proactiveness and risk-taking is satisfactory in terms of reliability and validity. Fourth, these three dimensions have a positive and significant influence on entrepreneurial orientation. Fifth, innovativeness is the most important dimension of entrepreneurial orientation. Sixth, innovativeness is a necessary and sufficient condition for entrepreneurial orientation.

Suggested Citation

  • Felipe Hernández-Perlines & Manuel Alejandro Ibarra Cisneros & Domingo Ribeiro-Soriano & Helena Mogorrón-Guerrero, 2020. "Innovativeness as a determinant of entrepreneurial orientation: analysis of the hotel sector," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 33(1), pages 2305-2321, January.
    • Handle: RePEc:taf:reroxx:v:33:y:2020:i:1:p:2305-2321
    DOI: 10.1080/1331677X.2019.1696696
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    Cited by:

    1. Banji Rildwan Olaleye & Tochukwu Thankgod Nwosu & Joseph Nembo Lekunze & Tshediso Joseph Sekhampu & Folasade Funmi Olorunsola, 2024. "Exploring Competitive Intelligence Effectiveness on SMEs Performance: The Meditating Influence of Entrepreneurial Orientation," Virtual Economics, The London Academy of Science and Business, vol. 7(3), pages 25-41, September.
    2. Anas Hakeem & Nizar Raissi & Henda Matoussi, 2024. "Rationality and dynamism on entrepreneurial orientation to the pace of internationalization: The moderating role of environmental munificence," Journal of International Entrepreneurship, Springer, vol. 22(2), pages 213-247, June.

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