The malleability of international entrepreneurial cognitions: a natural quasi-experimental study on voluntary and involuntary shocks

2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Daniel R. Clark ◽  
Robert J. Pidduck ◽  
Matthias A. Tietz
Keyword(s):  
Business Education ◽  
Personality Assessment ◽  
Entrepreneurial Orientation ◽  
Empirical Test ◽  
Psychological Impact ◽  
Entrepreneurial Intentions ◽  
Baseline Measure ◽  
Content Type ◽  
Individual Level ◽  
Entrepreneurial Behaviour

PurposeThe authors investigate the durability of international entrepreneurial cognitions. Specifically, they examine how advanced business education and the Covid-19 pandemic influence international entrepreneurial orientation disposition (IEOD), and subsequently entrepreneurial intentions (EIs), to better understand the psychological dynamics underpinning the drivers of international entrepreneurship.Design/methodology/approachAgainst the backdrop of emerging entrepreneurial cognition and international entrepreneurial orientation research, the authors theorize that both a planned business education intervention (voluntary) and an unforeseeable radical environmental (involuntary) change constitute cognitive shocks impacting the disposition and intention to engage in entrepreneurial efforts. The authors use pre- and post-Covid-19 panel data (n = 233) and uniquely identify the idiosyncratic cognitive effects of Covid-19 through changes in the OCEAN personality assessment.FindingsFindings demonstrate that when individuals' perceived psychological impact of Covid-19 is low, business education increases IEOD. Conversely, the effects of a strongly perceived Covid-19 impact reduce the risk-taking and proactiveness components of the IEOD scale. The authors trace the same effects forward to EIs.Research limitations/implicationsThis paper contributes to a greater understanding of the resilience of entrepreneurial dispositions through an empirical test of the IEOD scale and shows its boundary conditions under planned intervention as well as unplanned externally induced shock.Practical implicationsThe study offers a first benchmark to practitioners of the malleability of international entrepreneurial dispositions and discusses the potential to encourage international entrepreneurial behaviour and the individual-level dispositional risk posed by exogenous shocks.Originality/valueThe study uniquely employs a baseline measure of all our constructs pre-Covid-19 to discern and isolate the pandemic impact on entrepreneurial dispositions and intentions, responding to recent calls for more experimental designs in entrepreneurship research.

Exploring entrepreneurial orientation and intentions among technical university students

2019 ◽  
Vol 61 (6) ◽  
pp. 718-736
Author(s):  
Swagatika Sahoo ◽  
Rajeev Kumar Panda
Keyword(s):  
University Students ◽  
Entrepreneurial Orientation ◽  
Resource Planning ◽  
Entrepreneurial Intentions ◽  
Primary Data ◽  
Content Type ◽  
Individual Level ◽  
The Individual ◽  
The University ◽  
The Impact

Purpose The purpose of this paper is to empirically investigate the impact of the contextual antecedents on the individual entrepreneurial orientation (IEO) of university graduates, which, in turn, affects their entrepreneurial intentions (EIs). Design/methodology/approach Primary data were collected in the form of 510 valid responses from engineering students across two technical universities in India, through a structured questionnaire consisting of scales adapted from the extant literature, and the data were empirically validated in this study. The reliability and validity measures of the constructs were validated through the confirmatory factor analysis, and the proposed hypotheses were validated using structural equation modelling. Findings The results of this empirical analysis validate that the contextual antecedents have a significant positive impact on students’ entrepreneurial orientation (EO), which, in turn, has a significant positive influence on EIs. Research limitations/implications This analysis depicts the significance of EO as a perceptual driver at the individual level and substantiates that the availability of resources such as startup capital, access to business information, social networks and supportive university context significantly affects the decision-making process of an individual to venture into an otherwise uncertain occupation of entrepreneurship. Practical implications The study has the likely potential to help university administrators and policymakers to allocate resources, develop strategies and provide effective entrepreneurial learning in entrepreneurship-oriented courses aimed at honing entrepreneurial skills and self-confidence of the university students. This holistic model can be used as a tool for resource planning and prioritising in order to provide the desired contextual support essential for fostering the IEO of the university students towards adopting entrepreneurial career, thereby assisting them to achieve their career goals and the broader objective of nation-building. Originality/value This study adopts an innovative approach to empirically validate the EO construct at the individual level, which has been studied at the organisation (firm) level till today. This research explores the relevant contextual antecedents and analyses their impact on IEO as well as the explanatory capacity of IEO to explain students’ EIs in the contextual backdrop of universities in a fast transitioning economy like India.

Entrepreneurial orientation during adversity: differences across ownership categories

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Arindam Mondal ◽  
Amit Baran Chakrabarti
Keyword(s):  
Performance Feedback ◽  
Entrepreneurial Orientation ◽  
Emerging Market ◽  
Vital Role ◽  
Least Square ◽  
Entrepreneurial Intentions ◽  
Governance Arrangement ◽  
Content Type ◽  
Entrepreneurial Behaviour ◽  
Aspiration Levels

PurposeThis study seeks to highlight the dynamic nature of entrepreneurial orientation (EO) by investigating how firms respond to adversity, i.e. performance below aspiration levels through pertinent changes in EO, and if some of these changes can be accounted for based on the ownership of the firm.Design/methodology/approachThis study adopts a multiple regression using an ordinary least square methodology on a sample of 13,333 Indian firms within the period 2005–2016 to test its hypothesis.FindingsThis research sheds light on performance feedback as an antecedent to EO as also on the effect of ownership moderating this relationship, with diversity in resource configuration and governance arrangement being the key drivers.Research limitations/implicationsThis is a single country study; hence, there is a possibility of a country-specific bias. This study uses a secondary measure of EO and thus is unable to capture the entrepreneurial intentions and opinions of managers.Practical implicationsThe study establishes a nuanced understanding of how ownership impacts the entrepreneurial behaviour of firms during times of adversity.Social implicationsThis study may help policymakers draft appropriate policy interventions for firms at the time of adversity, so that they can improve their entrepreneurial spree.Originality/valueThis rare study from an emerging market establishes performance feedback as an important antecedent of EO. It further highlights the vital role of ownership in supporting/constraining EO.

Cultural configurations and entrepreneurial realisation

2019 ◽  
Vol 25 (1) ◽  
pp. 112-128 ◽  
Author(s):  
Pedro Torres ◽  
Mário Augusto
Keyword(s):  
Organizational Behavior ◽  
Early Stage ◽  
Qualitative Comparative Analysis ◽  
Entrepreneurial Intentions ◽  
Entrepreneurial Activity ◽  
Future Research ◽  
Policy Makers ◽  
Content Type ◽  
Antecedent Conditions ◽  
Entrepreneurial Behaviour

Purpose The purpose of this paper is to better understand the connection between culture and entrepreneurship in proposing and testing complex configurations of culturally endorsed implicit leadership theories (CLTs) and cultural practices that lead to entrepreneurial behaviour by studying entrepreneurial intentions (EI) and early-stage entrepreneurial activity (TEA) separately. Design/methodology/approach Using data from Globe Leadership and Organizational Behavior Effectiveness (GLOBE) and Global Entrepreneurship Monitor (GEM) studies, a sample of 44 countries, and a fuzzy-set qualitative comparative analysis, several models for EI and TEA were developed. Findings The main findings provide a way of distinguishing between complex antecedent conditions that are required for each stage of the entrepreneurial realisation. The results empirically show that there is no ideal context – the path to stimulate entrepreneurship that works best for one country does not necessarily works the same for other countries. There are multiple paths to achieve the desired outcome. Research limitations/implications The data from the GLOBE study were not completely up to date, the effect of which was minimised by considering data from GEM that respects temporal ordering. Nevertheless, data from GEM suggest that there is a degree of stability in the data over time. Future research could replicate this study with a larger selection of countries and with new data, collected in a different way. Additionally, the inclusion of CLTs proposed in this study opens new opportunities for future research, by providing a new angle to look at the entrepreneurial realisation process. Practical implications This study advances research into the association of culture and entrepreneurship, and develops testable models using a configurational approach, thus confirming the suitability of asymmetric configuration analysis for entrepreneurial research. The results expand an understanding of the entrepreneurial process by showcasing the different complex antecedent conditions for EI and TEA. Depending on a country’s cultural profile, policy-makers should invest in the dimensions that enable their society to align with the model that best suits their own culture. The obtained models offer a framework for evaluating new interventions that aim to develop entrepreneurial behaviour in a specific country. Originality/value Different configurations showcase that there are alternative paths to achieving high levels of EI and TEA. The differences among the possible configurations for each stage of the entrepreneurial realisation are uncovered. Country profiles are identified, quantified, and then compared providing guidance for policy-makers.

How entrepreneurial orientation drives farmers' innovation differential in Ugandan coffee multi-stakeholder platforms

2020 ◽  
Vol 10 (5) ◽  
pp. 629-650
Author(s):  
Carlos Luis Barzola Iza ◽  
Domenico Dentoni
Keyword(s):  
Risk Taking ◽  
Entrepreneurial Orientation ◽  
Partial Least Square ◽  
Least Square ◽  
Entrepreneurial Intentions ◽  
Content Type ◽  
African Context ◽  
Key Dimensions ◽  
Multi Stakeholder

PurposeThis study explores the role of the key dimensions of farmers' entrepreneurial orientation – namely proactiveness, risk-taking, innovativeness and intentions – as drivers of product, process and market innovation in the context of one coffee MSP in Uganda.Design/methodology/approachEmpirical data from 152 coffee farmers were analyzed via confirmatory factor analysis and partial least square multi-variate statistics.FindingsFindings highlight, first, that farmers' proactiveness significantly drives their product innovation and, to a lesser extent, process innovation. This effect holds when considering key control variables, such as access to key resources and associated actors. Second, more surprisingly, farmers' innovativeness hampers market innovation. Third, entrepreneurial intentions per se did not play a significant role in farmers' innovation. Fourth, the adapted measurement of risk-taking from the Western literature did not suit well the Ugandan coffee farming context.Research limitations/implicationsThese results lead to methodological implications for the measurement of farmers' risk-taking, innovative and proactive attitudes, as well as market innovation in rural Africa. Furthermore, they expand the role farmers' entrepreneurial orientation on product, process and market innovation in a rural African context.Originality/valueMulti-stakeholder platforms (MSPs) are often claimed to play an important role in stimulating farmers' innovation and enhancing rural development. Nevertheless, little is known yet on if why some farmers participating in MSPs may innovate more than others. This paper addresses this gap by shedding light on the role of farmers' entrepreneurial orientation.

Who becomes an entrepreneur? A 30-years-review of individual-level research

2015 ◽  
Vol 22 (2) ◽  
pp. 225-248 ◽  
Author(s):  
Sascha G. Walter ◽  
Simon Heinrichs
Keyword(s):  
Empirical Studies ◽  
Temporal Trends ◽  
Temporal Stability ◽  
Strong Support ◽  
Entrepreneurial Intentions ◽  
Future Research ◽  
Content Type ◽  
Individual Level ◽  
Individual Variables ◽  
Meta Analyses

Purpose – The purpose of this paper is to cumulate published empirical studies (1980-2009) on the relationship between individual variables and entrepreneurial status. The authors categorize repeatedly analyzed determinants into six perspectives (trait, cognitive, affective, intentions, learning, and economic), review empirical findings for each determinant and each perspective, investigate trends in the field, and propose avenues for future research. Design/methodology/approach – The authors categorize determinants into one of the six paradigms and review findings for 46 repeatedly studied variables from 131 studies. Support for each variable, publication outlets chosen, and temporal trends in exploring entrepreneurial intentions, entrepreneurial status or differences between entrepreneurs and other individuals are analyzed. Findings – Prior studies have focused on trait and economic perspectives with strong support, followed by the learning and intentions perspectives. The affective perspective is a still under-researched, yet growing field. Most articles were published in the 1990s. The emphasis on theoretical perspectives varies over decades. Directions for future research include integrating the perspectives (e.g. across the cognitive and affective domain), testing the temporal stability of influences, and developing and testing cross-level models that incorporate contextual influences. Originality/value – The paper complements prior reviews and meta-analyses by picturing the breadth of the field and adding important points to the research agenda.

Do informal institutions affect entrepreneurial intentions?

2017 ◽  
Vol 24 (3) ◽  
pp. 446-467 ◽  
Author(s):  
Nataliia Ostapenko
Keyword(s):  
Causal Effect ◽  
Informal Institutions ◽  
European Social Survey ◽  
Entrepreneurial Intentions ◽  
Least Squares Regression ◽  
Cross Sectional ◽  
Content Type ◽  
Individual Level ◽  
Institutional Settings ◽  
The Individual

Purpose The purpose of this paper is to empirically define the ways in which informal institutions influence entrepreneurial intentions. It tests the statement that informal institutions can have an impact on people’s decisions, directly and indirectly, by affecting their perceptions of the external world. Design/methodology/approach The paper develops a theoretical model of the probability of starting a business by a potential entrepreneur. The model takes into account a comparison of current wages and future profits. The empirical analysis is based on European social survey data at the individual level. Three-stage least squares regression helps to overcome the endogeneity problem since perceptions of government actions are individual specific. Findings Informal institutions can affect expectations about future activities in a person’s lifetime utility maximisation problem. The paper empirically concludes that these institutions are connected with a person’s satisfaction with government and can indirectly affect the probability to be self-employed. Research limitations/implications Research limitations are related to employing proxies for informal institutions, using only the “satisfaction with government” as a perceptions indicator, and cross-sectional data while defining the causal effect. Practical implications Policymakers should consider that institutional settings affect people in a different manner when developing their policies. Originality/value The paper makes a novel contribution by analysing the effect of informal institutions on the probability to start a business by using both theoretical arguments and empirical tests. Building upon insights from a broader informal institutions’ effect on entrepreneurial intentions, this paper is the first to study a linkage between informal institutions and their indirect effect on people’s profit expectations.

Student’s entrepreneurial orientation and intentions

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sumit Kumar ◽  
Zahoor Ahmad Paray ◽  
Amit Kumar Dwivedi
Keyword(s):  
Entrepreneurial Orientation ◽  
Engineering Students ◽  
Positive Impact ◽  
Entrepreneurial Intention ◽  
Higher Learning ◽  
Entrepreneurial Intentions ◽  
Academic Background ◽  
Content Type ◽  
Individual Entrepreneurial Orientation ◽  
Learning Institutions

PurposeThis study is aimed to measure and understand the relationship between individual entrepreneurial orientation (IEO) and entrepreneurial intention (EI) among students of higher learning institutions (HLI’s) in India. This study is focused on understanding IEO dimension of proactiveness, innovativeness and risk-taking attitude and EI across gender, academic background, and regions. Many recent and past studies confirm that there is an apparent gap in the literature to understand this phenomenon among students of higher learning institutions.Design/methodology/approachThe study is based on a sample of 393 students studying in 35 different universities and institutions in the North, South and Western regions of India. The data were analyzed using hierarchical regression and ANOVA.FindingsThe empirical result shows a relationship and a positive impact of individual entrepreneurial orientation dimensions upon entrepreneurial intentions. Controlling for gender, males depict higher perseverance toward individual entrepreneurial orientation and entrepreneurial intentions. The same result was found for management and entrepreneurship students who also depict a higher (mean) t-value than science, engineering students. The findings of this study reveal a significant contribution to the academic literature by highlighting the influencing role of gender, academic background, and region upon entrepreneurial intentions.Practical implicationsThe study reveals that institutional culture, lack of academic rigor, regional difference, economic gaps, gender perception, and overall culture may be considered as bothering forces for entrepreneurship to grow via institutions. These forces, if eliminated, can help build an institutional environment helpful for entrepreneurial progression in the country.Originality/valueThere are limited studies available in the context of individual entrepreneurial orientation and entrepreneurial Intention relationship. This study provides the analysis for Indian regions and uses data collected from different universities and institutions of India.

Disentangling the individual entrepreneurial orientation and SMEs success nexus: an action-based interplay of exploration activities and entrepreneurial alertness

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ahmad Raza Bilal ◽  
Tehreem Fatima
Keyword(s):  
Entrepreneurial Orientation ◽  
Manufacturing Sector ◽  
Empirical Support ◽  
Content Type ◽  
Individual Entrepreneurial Orientation ◽  
Individual Level ◽  
Entrepreneurial Alertness ◽  
Body Of Knowledge ◽  
The Individual ◽  
Conditional Indirect Effects

Purpose This study aims to extend the much-held strategic entrepreneurial orientation stance and conceptualized it as a psychological disposition of small- and medium-scale enterprises (SMEs) owners. Based on this notion, the authors theorized that individual entrepreneurial orientation (IEO) is a precursor of success in manufacturing sector SMEs. Building on the credo of action regulation, the authors clarified the IEO and SMEs’ success association by introducing exploration activities as a conduit. Further, the authors posited that entrepreneurial alertness augments the nexus of IEO, exploration activities and SMEs success. Design/methodology/approach A three-wave survey was done by drawing a cluster-based sample of 389 SME owners in the manufacturing sector of Pakistan. The mediation and moderation analysis were done by PROCESS macro that uses bootstrapping with 5,000 draws to calculate the indirect (Model 4), conditional and conditional indirect effects (Model 7) at a 95% confidence interval. Findings The results offered empirical support to the conjectured association among IEO and SMEs’ success mediated by exploration activities. Moreover, the conditional direct (between IEO and exploration activities) and indirect impact (among IEO and SMEs’ success mediated by exploration activities) of entrepreneurial alertness was substantiated. Originality/value The authors added to the sprouting body of knowledge in the field of entrepreneurial orientation by focusing on its individual-level psychological conception. The authors have unlocked the interplay between IEO and SMEs’ success via the role of action characteristics of exploration activities and entrepreneurial alertness based on the action regulation tenet. Thus, the authors made a novel contribution by linking the micro-level entrepreneurial orientation and actions with macro-level SMEs' success.

Identification, intentions and entrepreneurial opportunities: an integrative process model

2016 ◽  
Vol 22 (2) ◽  
pp. 182-198 ◽  
Author(s):  
Lee C. Jarvis
Keyword(s):  
Cognitive Processes ◽  
Process Model ◽  
Theory Of Planned Behaviour ◽  
Entrepreneurial Intentions ◽  
Analytical Models ◽  
Planned Behaviour ◽  
Content Type ◽  
Entrepreneurial Behaviour ◽  
Integrative Process

Purpose – The purpose of this paper is to explore one of the cognitive processes whereby persons develop intentions to enact entrepreneurial behaviours via exploring entrepreneurial identification as a significant influence on an individual’s intentions to recognise and exploit opportunities. Design/methodology/approach – In this conceptual paper, insights from Ajzen’s theory of planned behaviour are utilised to develop propositions regarding the influence of entrepreneurial identification on intentions to search for opportunities and commit resources to exploiting opportunities. The role of two behavioural controls – entrepreneurial munificence and domain relevant knowledge – are discussed as influencing both an individual’s ability and desire to recognise and exploit opportunities. Opportunity recognition and exploitation are also suggested to reinforce an individual’s entrepreneurial identification, creating a recursive relationship between identification and entrepreneurial behaviour. Findings – The lack of insight into cognitive processes has contributed to what some have labelled the “death” of intentions research in entrepreneurship. In exploring identification, this study suggests that measuring identification – in place of attitudes toward entrepreneurship – may actually refine analytical models based on Ajzen’s theory of planned behaviour. Originality/value – Ajzen’s theory of planned behaviour has often been applied in entrepreneurial studies, but for the voluminous body of research devoted to intentions, little has delved into the cognitive processes whereby people develop intentions to entrepreneurial behaviours. This paper provides a conceptually unique marrying of identification with entrepreneurial intentions in an attempt to redress this gap in the entrepreneurship literature. This study also speculates as to how practitioners – educators, legislators or managers – might profitably use this study to guide their efforts to reinforce entrepreneurial behaviours in the classrooms, organisations and communities.

Artistic orientation, financial literacy and entrepreneurial performance

2019 ◽  
Vol 13 (1/2) ◽  
pp. 105-128 ◽  
Author(s):  
Boyke Rudy Purnomo
Keyword(s):  
Financial Literacy ◽  
Regulatory Focus ◽  
Entrepreneurial Orientation ◽  
Empirical Test ◽  
Positive Influence ◽  
Content Type ◽  
Entrepreneurial Performance ◽  
Nonfinancial Performance ◽  
Overall Performance ◽  
The Relationship

PurposeThis study aims to examine the relationship between artistic orientation and entrepreneurial performance and how other central entrepreneurial resources, namely, entrepreneurial orientation and financial literacy, affect this relationship.Design/methodology/approachRegulatory focus theory was used to develop the model. A survey of 375 small creative business entrepreneurs was conducted in Yogyakarta, Indonesia, and a hierarchical linear regression was used for data analysis.FindingsThe results reveal a positive correlation between artistic orientation, entrepreneurial orientation, financial literacy and entrepreneurial performance. Therefore, artistic orientation affects a creative firm’s financial and nonfinancial performance. In addition, artistic orientation and financial literacy provide a positive influence on the overall performance of a creative venture. However, the interaction effect of entrepreneurial orientation and financial literacy on the artistic orientation – performance relationship – is invisiblePractical implicationsThis research provides guidance on how creative firms may focus on the acquisition, development and protection of useful resources, namely, artistic orientation and financial literacyOriginality/valueThis research is the first systematic empirical test evaluating the relationship between artistic orientation and entrepreneurial performance

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