Reassessing Passion and Perseverance as Dimensions of Individual Entrepreneurial Orientation: A Conceptual and Empirical Investigation into Theory and Measurement

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Matt C. Howard ◽  
Andrea Floyd

Abstract Santos, G., C. S. Marques, and J. J. Ferreira. 2020. “Passion and Perseverance as Two New Dimensions of an Individual Entrepreneurial Orientation Scale.” Journal of Business Research 112: 190–9 proposed a five-dimensional conceptualization of individual entrepreneurial orientation (IEO), but more evidence is needed before authors can reliably apply their conceptualization and operationalization. We provide a theoretical critique of their conceptualization and continue their scale development process. Four of five dimensions converged with other scales of the same constructs, but their passion dimension did not. The factor structure and predictive validity evidence also suggested that passion should not be included within the scope of IEO, and we assert that Santos et al.’s conceptualization of IEO is better represented with a hierarchical structure. Proactiveness and perseverance as well as risk-taking and innovativeness load onto two separate second-order factors, and these two second-order factors load onto the broader factor of IEO. We suggest that the construct measured by Santos et al.’s passion dimension may instead be a mediator between IEO and entrepreneurial outcomes, and we provide further insights into the measurement of IEO.

2020 ◽  
Author(s):  
Jeffrey G. Covin ◽  
J. P. Coen Rigtering ◽  
Mathew Hughes ◽  
Sascha Kraus ◽  
Cheng-Feng Cheng ◽  
...  

2021 ◽  
Vol 12 ◽  
Author(s):  
Hongtao Yang ◽  
Lei Zhang ◽  
Yenchun Jim Wu ◽  
Hangyu Shi ◽  
Shuting Xie

The effectiveness of trust has been extensively investigated in entrepreneurship studies. However, compared to the outcomes of trust, we still lack knowledge about the mechanisms underlying venture capitalists' initial trust in entrepreneurs. Drawing from signal theory and impression management theory, this study explores an impression management motivational explanation for the influencing factors of venture capitalists' initial trust. An empirical test is based on 202 valid questionnaires from venture capitalists, and the results indicate that the signal of five dimensions of entrepreneurial orientation has a significant impact on the initial trust of venture capitalists and that a signal of entrepreneurial orientation of perseverance or passion positively influences venture capitalists' initial trust through acquired impression management strategies, while a signal of entrepreneurial orientation of risk-taking, innovation, or proactivity positively affects the initial trust of venture capitalists through defensive impression management strategies. The perceptions of entrepreneurs' hypocrisy by venture capitalists negatively moderate the relationship between acquired impression management strategies and the initial trust of venture capitalists and negatively moderate the relationship between defensive impression management strategies and the initial trust of venture capitalists.


2021 ◽  
Vol 24 (2) ◽  
pp. 271-288
Author(s):  
Hardo Firmana Given Grace Manik ◽  
Airlangga Surya Kusuma

Many business schools in the world seek to create newly aspiring entrepreneurs starting from their university years. Many Indonesian universities also engage in this challenging effort. This study investigates the effect of students’ individual entrepreneurial orientation (IEO) on entrepreneurial intention (EI) through regression analysis and t-test on 200 students from several major Indonesian universities. Our results indicate that all IEO dimensions (i.e., innovativeness, risk-taking, proactiveness, passion, and perseverance) positively affect EI. These findings fill in the gap regarding the IEO studies in other contexts by adding two new dimensions, namely passion and perseverance. Further, this study demonstrates that students who have taken entrepreneurship courses exhibit greater effect of IEO on EI, but only in two dimensions (i.e., risk taking and proactiveness). Besides, students who actively participate in student organizations exhibit higher IEO than those who do not, especially in three dimensions dimensions (i.e., innovativeness, risk taking, proactiveness). Hence, this study underscores the importance of various learning exposures (not only in the classroom) for university students to develop their IEO.


2020 ◽  
Author(s):  
Mauricio Vallejo-Vélez ◽  
Joan Boada-Grau ◽  
María José Serrano-Fernández ◽  
José Carlos Sánchez-García ◽  
Jordi Assens-Serra ◽  
...  

2020 ◽  
Author(s):  
Gina Santos ◽  
Carla Susana Marques ◽  
João J. M. Ferreira

2016 ◽  
Vol 19 ◽  
Author(s):  
Joan Boada-Grau ◽  
José Carlos Sánchez-García ◽  
Eric Viardot ◽  
Maria Boada-Cuerva ◽  
Andreu Vigil-Colet

AbstractEntrepreneurship is linked to the perception of opportunities, to orientation, to attitudes, to the fear of failure and to entrepreneurial motivations. Entrepreneurial orientation is a fundamental construct for understanding the phenomenon of entrepreneurship. What is more, it is multidimensional and has attracted considerable attention from researchers in recent years. The objective of this study was to adapt the original 12-item English scale to Spanish and to analyze its psychometric properties. The participants in the present study were 925 Spanish employees (48.2% men, 51.5% women, M age = 42.49 years, SD age = 11.25) from the Autonomous Communities of Catalonia and Castilla-León. After applying an ESEM (RMSEA = .06; CFI = .97 and TLI = .95) a structure was determined made up of four factors which corroborated the structure of the original scale: Autonomy (α = .71 and CI = .68 – .73), Innovativeness (α = .70 and CI = .67 – .73), Risk Taking (α = .72 and CI = .68 – .74) and Competitive Aggressiveness (α = .70 and CI = .67 – .73). The four factors displayed suitable reliability. The study also found evidences of validity in relation to a series of external correlates and various scales which refer to workaholism, irritation and burnout. The scale presented here may prove useful for satisfactorily identifying, in Spanish, the entrepreneurial orientation of the working population.


2020 ◽  
Vol 7 (3) ◽  
pp. 168-178
Author(s):  
Azlin Shafinaz Arshad ◽  
Afiza Azura Arshad ◽  
Laila Mohammad Kamaruddin ◽  
Siti Zahrah Buyong a ◽  
Che Asniza Osman

Entrepreneurial orientation has been recognized as one of the determinants of business performance. The purpose of this study is to determine the entrepreneurial orientation of women entrepreneurs in Sabah by adopting entrepreneurial orientation five-dimensions.   A quantitative study using questionnaire was adopted. The respondents of the study were women entrepreneurs who took part in Sabah Women Entrepreneur Carnival 2020, organized by Sabah Women's Affairs Department.  The sampling method adopted was convenience sampling. Questionnaires were distributed to 150 women entrepreneurs, but only 93 responses were usable.  The findings of the study indicate women entrepreneurs in Sabah are entrepreneurial oriented as the mean scores were all above 3.5.  Moreover, out of the five dimensions, these women entrepreneurs are more competitive as it has the highest mean score (M=4.18).   However, women entrepreneurs in Sabah are found not proactive since the mean score generated was the lowest among all five dimensions with M=3.22.   The study adds some contributions to the field of entrepreneurship.  Ministries and agencies involved with the development of women entrepreneurs in Sabah can aid and support women entrepreneurs to grow and sustain their business. Various courses and training can be offered to enhance women entrepreneur’s knowledge and skills.


2021 ◽  
pp. 46-56
Author(s):  
Daniella Da Silva Teles ◽  
Cecile Nieuwenhuizen ◽  
Chris Schachtebeck

Individual entrepreneurial orientation (IEO) has been defined as the ability to psychologically understand the reasons why individuals choose to engage in entrepreneurial activities. However, for individuals to start these much-needed business ventures, they must be oriented to do so upon completion of their studies. Entrepreneurial education (EE) might directly influence whether students decide to pursue an entrepreneurial venture based on the knowledge and skills, which they feel they have accumulated through their studies. A Delphi study was performed to determine how the EE, being received by university students, in the context of Scotland and South Africa, may influence them to choose an entrepreneurial career. The data were obtained from 16 academic experts, eight from South African universities and eight from Scottish universities. The data were analysed using thematic content analysis. IEO has been studied using the five original dimensions, namely, innovativeness, risk-taking, proactiveness, autonomy, and competitive aggressiveness. However, the results reveal that only three of the five IEO dimensions are prevalent when aligning to a student’s entrepreneurial behaviour. The results also reveal that EE should ensure that practical teachings receive more attention than theoretical teachings. This study may assist universities to better prepare their curriculums to include teachings that will improve the IEO of students.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Victor Silva Corrêa ◽  
Maciel M. Queiroz ◽  
Helena Belintani Shigaki

PurposeThis paper investigates if and how entrepreneurs' social capital influences their individual entrepreneurial orientation attributes (innovativeness, proactiveness, and risk-taking).Design/methodology/approachThe research method adopted is an exploratory multiple case study. The case chosen is that of an emerging and under-examined entrepreneur, the religious entrepreneur. The study investigates 20 pastors responsible for small enterprise-churches in Brazil.FindingsSocial capital influences individual entrepreneurial orientation, being characterized by a relative paradox. The networks must be dense enough to stimulate entrepreneurs' individual entrepreneurial orientation but not be so dense as to harm innovativeness, proactivity and risk-taking. Further, data show that individual entrepreneurial orientation influences social capital.Research limitations/implicationsOne limitation relates to the semi-structured interviews' restricted use. A second limitation is associated with the recognition of churches only as productive enterprises.Practical implicationsThis article suggests the significance of incorporating both themes in entrepreneurial education and training programs. It also stresses the appropriateness of religious entrepreneurship as an empirical research field for business scholars.Originality/valueThe contributions are fivefold. First, the authors build exploratory theoretical propositions on the influence of social capital on individual entrepreneurial orientation. Second, they highlight the significance of dense networks for individual entrepreneurial orientation, expanding the literature that supports the relevance of cohesive networks solely to the construct's organizational dimension. Third, the authors suggest that a relative paradox may characterize individual entrepreneurial orientation. Fourth, the authors suggest the existence of recursion between both constructs. Finally, this study is one of the first to examine social capital and individual entrepreneurial orientation, considering innovativeness, proactivity, and risk-taking, which represents a neglected field in benchmarking studies.


Sign in / Sign up

Export Citation Format

Share Document