The relationship between entrepreneurial orientation, time orientation and small business performance: an evidence from Mexico Outros Idiomas

ID:
10108
Resumo:
Some studies have found that firms with higher Entrepreneurial Orientation (EO) perform better, however, an important message from past research efforts is that this relationship is more complex. The notion that the relationship between an EO and performance is different for many types of businesses, especially small business, is not new. There are two explanations for these inconclusive results: the performance implication of EO is context-specific and the relationship between EO and performance is moderated by internal factors. The purpose of this exploratory study was to examine through a contingency model the influence of time orientation on the EO-performance relationship in small business. Results based on a sample of 164 small manufacturing businesses in Mexico suggest that performance is positively influenced by its EO, but the findings also indicate that time orientation moderates the relationship. The EO-performance link is stronger for long-term orientation than for short-term orientation.
Citação ABNT:
CAMPOS, H. M.; VALENZUELA, F. A. A. The relationship between entrepreneurial orientation, time orientation and small business performance: an evidence from Mexico. Revista da Micro e Pequena Empresa, v. 7, n. 1, p. 48-63, 2013.
Citação APA:
Campos, H. M., & Valenzuela, F. A. A. (2013). The relationship between entrepreneurial orientation, time orientation and small business performance: an evidence from Mexico. Revista da Micro e Pequena Empresa, 7(1), 48-63.
Link Permanente:
https://www.spell.org.br/documentos/ver/10108/the-relationship-between-entrepreneurial-orientation--time-orientation-and-small-business-performance--an-evidence-from-mexico/i/pt-br
Tipo de documento:
Artigo
Idioma:
Inglês
Referências:
AIKEN, L. S.; WEST, S. G. (1991). Multiple Regression: Testing and Interpreting Interactions. Newbury Park, CA: Sage Publications.

ALOULOU, W.; FAYOLLE, A. (2005). A Conceptual Approach of Entrepreneurial Orientation with Small Business Context. Journal of Enterprising Culture, vol. 13, num. 1: 21-45.

ANDERSON, J. C.; GERBING, D. W. (1988). Structural Equation Modeling in Practice: A Review and Recommended Two-Step Approach. Psychological Bulletin, vol. 103, num. 3: 411-423.

ARMTRONG, J. S.; OVERTON, T. S. (1977). Estimating Nonresponse Bias in Mail Surveys. Journal of Marketing Research, vol. 14, num. 3: 396-402.

BAGOZZI, R. P.; Yi, Y. (1988). On the Evaluation of Structural Equation Models. Journal of the Academy of Marketing Science, vol. 16, num. 1: 74-94.

BARNEY, J. B (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, vol. 17, num. 1: 99-120.

BECHERER, R. C.; MAURER, J. G. (1997). The Moderating Effect of Environmental Variables on the Entrepreneurial and Marketing Orientation of Entrepreneur-led Firms. Entrepreneurship Theory and Practice, vol. 22, num. 1: 47-58.

BECHERER, R. C.; MAURER, J. G. (1999). The Proactive Personality Disposition and Entrepreneurial Behavior among Small Companies Presidents. Journal of Small Business Management, vol. 37, num. 1: 28-36.

BENTLER, P. M. (1992). EQS Structural Equations Program Manual. Los Angeles: BMDP Statistical Software.

BETTIS, R. A.; PRAHALAD, C. K. (1995). The Dominant Logic: Retrospective and Extension. Strategic Management Journal, vol. 16, num. 1: 5-14.

BROWN, T. E.; DAVIDSSON, P.; WIKLUND, J. (2001). An Operationalization of Stevenson´s Conceptualization of Entrepreneurship as Opportunity-Based Firm Behavior. Strategic Management Journal, vol. 22, num. 10: 953-968.

CHANDLER, G. N.; HANKS, S. H. (1993). Measuring the Performance of Emerging Business: A Validation Study. Journal of Business Venturing, vol. 8, num. 5: 391-408.

CHANDLER, G. N.; HANKS, S. H. (1994). Founder Competence, Environment, and Venture Performance. Entrepreneurship Theory and Practice, vol. 18, num. 3: 77-89.

COHEN, J.; COHEN, P. (1983). Applied Multiple Regression/Correlation Analysis for the Behavioral Sciences. 2nd ed. Hillsdale, NJ: Lawrence Erlbaum Associates.

COVIN, J. G.; COVIN, T. J. (1990). Competitive Aggressiveness, Environmental Context, and Firm Performance. Entrepreneurship Theory and Practice, vol. 14, num. 4: 35-50.

COVIN, J. G.; GREEN, K.; SLEVIN, D. P. (2006). Strategic Process Effects on the Entrepreneurial Orientation–Sales Growth Rate Relationship. Entrepreneurship Theory and Practice, vol. 30, num. 1: 57–81.

COVIN, J. G.; LUMPKIN, G. T. (2011). Entrepreneurial Orientation Theory and Research: Reflections on a Needed Construct. Entrepreneurship Theory and Practice, vol. 35, num. 5: 855-872.

COVIN, J. G.; SLEVIN, D. P. (1991). A Conceptual Model of Entrepreneurship as Firm Behavior. Entrepreneurship Theory and Practice, vol. 16, num. 1: 7–26.

COVIN, J. G.; SLEVIN, D. P.; SCHULTZ, R. L. (1994). Implementing Strategic Missions: Effective Strategic, Structural, and Tactical Choices. Journal of Management Studies, vol. 31, num. 4: 481–503.

DAS, T. K.; TENG, B. S. (1997). Time and Entrepreneurial Risk Behavior. Entrepreneurship Theory and Practice, vol. 22, num. 2: 69-88.

DIMITRATOS, P.; LIOUKAS, S.; CARTER, S. (2004). The Relationship Between Entrepreneurship and International Performance: The Importance of Domestic Environment. International Business Review, vol. 13, num. 1: 19-41.

GEORGE, B. A.; MARINO, L. (2011). The Epistemology of Entrepreneurial Orientation: Conceptual Formation, Modeling, and Operationalization. Entrepreneurship Theory and Practice, vol. 35, num. 5: 989-1024.

GRÉGOIRE, D. A.; NOËL, M. X.; DÉRY, R.; BÉCHARD, J. P. (2006). Is There Conceptual Convergence in Entrepreneurship Research? A Co-Citation Analysis of Frontiers of Entrepreneurship Research, 1981-2004. Entrepreneurship Theory and Practice, vol. 30, num. 3: 333-373.

HAIR, J. F.; ANDERSON, R.E.; TATHUM, R. L.; BLACK, W. C. (1998). Multivariate Data Analysis with Readings. New York: Macmillan.

HITT, M. A.; HOSKISSON, R. E.; JOHNSON, R. A.; MOESEL, D. D. (1996). The Market for Corporate Control and Firm Innovation. Academy of Management Journal, vol. 39, num. 5: 1084-1119.

HOFSTEDE, G. (2001). Culture´s Consequences: Comparing Values, Behaviors, Institutions, and Organizations across Nations. Newbury Park, CA: Sage.

HOFSTEDE, G. (2005). Cultures and Organizations: Software of the Mind. New York: McGraw-Hill.

JÓRESKOG, K. G.; SÖRBOM, D. (1996). LISREL 8: The Simplis Command Language. Chicago: Scientific Software International.

KEH, H. T.; NGUYEN, T. T. M.; NG, H. P. (2007). The Effects of Entrepreneurial Orientation and Marketing Information on the Performance of SMEs. Journal of Business Venturing, vol. 22, num. 4: 592-611.

KEMELGOR, B. H. (2002). A Comparative Analysis of Corporate Entrepreneurial Orientation between Selected Firms in the Netherlands and the USA. Entrepreneurship and Regional Development, vol. 14, num. 1: 67-87.

KREISER, P. M.; MARINO, L. D.; WEAVER, K. M. (2002). Assessing the Psychometric Properties of the Entrepreneurial Orientation Scale: A Multi-Country Analysis. Entrepreneurship Theory and Practice, vol. 26, num. 4: 71-94.

LAVERTY, K. J. (1996). Economic “Short-Termism”: The Debate, the Unresolved Issues, and the Implications for Management Practice and Research. Academy of Management Review, vol. 21, num. 3: 825-860.

LE BRETON-MILLER, I.; MILLER, D. (2006). Why Do Some Family Businesses Out-Compete? Governance, Long-Term Orientations, and Sustainable Capability. Entrepreneurship Theory and Practice, vol. 30, num. 6: 731-746.

LI, Y.; ZHAO, Y.; TAN, J.; LIU, Y. (2008). Moderating Effects of Entrepreneurial Orientation on Market-Performance Linkage: Evidence from Chinese Small Firms. Journal of Small Business Management, vol. 46, num. 1: 113-133.

LUMPKIN, G. T.; BRIGHAM, K. H. (2011). Long-Term Orientation and Intertemporal Choice in Family Firms. Entrepreneurship Theory and Practice, vol. 35, num. 6: 1149-1169.

LUMPKIN, G. T.; BRIGHAM, K. H.; MOSS, T. (2010). Long-Term Orientation: Implications for the Entrepreneurial Orientation and Performance of Family Business. Entrepreneurship and Regional Development, vol. 22, num. 3: 1-24.

LUMPKIN, G. T.; DESS, G. (1996). Clarifying the Entrepreneurial Orientation Construct and linking it to Performance. Academy of Management Review, vol. 21, num. 1: 135–173.

LUMPKIN, G. T.; DESS, G. (2001). Linking Two Dimensions of Entrepreneurial Orientation to Firm Performance: The Moderating Role of Environment and Industry Life Cycle. Journal of Business Venturing, vol. 16, num. 5: 429-451.

MARINO, L.; STRADHOLM, K.; STEENSMA, H. K.; WEAVER, K. M. (2002). The Moderating Effect of National Culture on the Relationship between Entrepreneurial Orientation and Strategic Alliance Portfolio Extensiveness. Entrepreneurship Theory and Practice, vol. 26, num. 4: 145-160.

MILES, M. P.; COVIN, J. G.; HEELEY, M. B. (2000). The Relationship between Environmental Dynamism and Small Firm Structure, Strategy, and Performance. Journal of Marketing Theory and Practice, vol. 8, num. 2: 63-74.

MILLER, D. (1983). The Correlates of Entrepreneurship in Three Types of Firms. Management Science, vol. 29, num. 7: 770–792.

MILLER, D.; FRIESEN, P. H. (1982). Innovation in Conservative and Entrepreneurial Firms: Two Models of Strategic Momentum. Strategic Management Journal, vol. 3, num. 1: 1–25.

MOSAKOWSKY, E.; EARLY, P. C. (2000). A Selective Review of Time Assumptions in Strategy Research. Academy of Management Review, vol. 25, num. 4: 796-812.

MYERS, S. C.; MAJLUF, N. S. (1984). Corporate Financing and Investment Decisions When Firms Have Information that Investors do not Have. Journal of Financial Economics, vol. 13, num. 2: 187-221.

PARIDA, V.; WESTERBERG, M.; YLINENPÄÄ, H.; ROININEN, S. (2010). Exploring the Effects of Network Configurations on Entrepreneurial Orientation and Firm Performance: An Empirical Study of New Ventures and Small Firms. Annals of Innovation and Entrepreneurship, vol. 1, num. 1: 1-13.

POON, J. M. L.; AINUDDIN, R. H.; JUNIT, S. A. (2006). Effects of Self-Concept Traits and Entrepreneurial Orientation on Firm Performance. International Small Business Journal, vol. 24, num. 1: 61-82.

PRAHALAD, C. K.; BETTIS, R. A. (1986). The Dominant Logic: A New Linkage between Diversity and Performance. Strategic Management Journal, vol. 7, num. 6: 485-501.

PREMKUMAR, G.; KING, W. R. (1994). Organizational Characteristics and Information Systems Planning: An Empirical Study. Information Systems Research, vol. 5, num. 2: 75-109.

RAUCH, A.; WIKLUND, J.; LUMPKIN, G. T.; FRESE, M. (2009). Entrepreneurial Orientation and Business Performance: Cumulative Empirical Evidence. Entrepreneurship Theory and Practice, vol. 33, num. 3: 761–788.

ROSENBERG, M. (1968). The Logic of Survey Analysis. New York: Basic Books.

RUNYAN, R.; DROGE, C.; SWINNEY, J. (2008). Entrepreneurial Orientation Versus Small Business Orientation: What Are Their Relationships to Firm Performance? Journal of Small Business Management, vol. 46, num. 4: 567-588.

SCHULZE, W. S.; LUBATKIN, M. H.; DINO, R. N. (2002). Altruism, Agency and the Competitiveness of Family Firms. Managerial and Decision Economics, vol. 23, num. 4/5: 247-259.

SPEARS, N.; LIN, X.; MOWEN, J. C. (2001). Time Orientation in The United States, China, and Mexico: Measurement and Insights for Promotional Strategy. Journal of International Consumer Marketing, vol. 13, num. 1: 57-75.

SU, Z.; XIE, E.; LI, Y. (2011). Entrepreneurial Orientation and Firm Performance in New Ventures and Established Firms. Journal of Small Business Management, vol. 49, num. 4: 558-577.

SWIERCZEK, F. W.; HA, T. T. (2003). Entrepreneurial Orientation, Uncertainty Avoidance and Firm Performance: An Analysis of Thai and Vietnamese SMEs. International Journal of Entrepreneurship and Innovation, vol. 4, num. 1: 46-58.

TAN, J.; TANG, Z.; MARINO, L.; ZANG, Y.; LI, Q. (2008). Exploring an Inverted U-Shape Relationship between Entrepreneurial Orientation and Performance in Chinese Ventures. Entrepreneurship Theory and Practice, vol. 32, num. 1: 219-239.

WALTER, A.; AUER, M.; RITTER, T. (2006). The Impact of Network Capabilities and Entrepreneurial Orientation on University Spin-Off Performance. Journal of Business Venturing, vol. 21, num. 4: 541-567.

WIKLUND, J.; SHEPHERD, D. (2003). Knowledge-Based Resources, Entrepreneurial Orientation, and the Performance of Small and Medium-Sized Businesses. Strategic Management Journal, vol. 24, num. 13: 1307–1314.

WIKLUND, J.; SHEPHERD, D. (2005). Entrepreneurial Orientation and Small Business Performance: A Configurational Approach. Journal of Business Venturing, vol. 20, num. 1: 71-91.

ZAHRA, S. A. (1993). A Conceptual Model of Entrepreneurship as Firm Behavior: A Critique and Extension. Entrepreneurship Theory and Practice, vol. 17, num. 4: 5-21.

ZAHRA, S. A. (1996). Governance, Ownership, and Corporate Entrepreneurship: The Moderating Impact of Industry Technological Opportunities. Academy of Management Journal, vol. 39, num. 6: 1713-1735.

ZAHRA, S. A.; HAYTON, J. C.; SALVATO, C. (2004). Entrepreneurship in Family vs. Non-Family Firms: A Resource Based Analysis of the Effect of Organizational Culture. Entrepreneurship Theory and Practice, vol. 28, num. 4: 363-381.

ZAHRA, S. A.; NEUBAUM, D. O.; HUSE, M. (2000). Entrepreneurship in Medium-Size Companies: Exploring the Effects of Ownership and Governance Systems. Journal of Management, vol. 26, num. 5: 947-976.

ZELLWEGER, T. (2007). Time Horizon, Cost of Equity Capital, and Generic Investment Strategies of Firms. Family Business Review, vol. 20, num. 1: 1-15.