scholarly journals How Does Entrepreneurial Institutional Environment Influence Individual Entrepreneurial Orientation? The Mediation Role of Individual Creativity

Author(s):  
Dixuan Zhang ◽  
Xiaohong Wang
2020 ◽  
Vol 21 (2) ◽  
pp. 643-653
Author(s):  
Hussein-Elhakim Al Issa

Successful enterprise has been related to numerous characteristics including entrepreneurial orientation. The current study aims to examine the influence of individual entrepreneurial orientation and grit dimensions on entrepreneurial success. The potential mediating role of consistency of interest and perseverance of effort, on the relationship between entrepreneurial orientation and success, was also explored. Survey data were collected in Tripoli, Libya from entrepreneurs during the current economic downturn and crisis. The data from the usable 147 responses was analyzed using partial least squares structural equation modelling. The statistical results revealed a significant relationship between the individual entrepreneurial orientation, consistency of interest, and perseverance of effort, with the dependent variable, entrepreneurial success. The dimensions of grit were also found to mediate the relationship between entrepreneurial orientation and success. The cross-sectional nature of the study and the smaller sample size make the findings difficult to generalize. Verification of the significance of success predictors can unravel concerns about the low rate of established and nascent businesses despite the presence of opportunities and positive perception of entrepreneurship. The study of grit dimensions as a mediator between the individual entrepreneurial orientation and success is unprecedented.


2019 ◽  
Vol 12 (3) ◽  
pp. 399-411 ◽  
Author(s):  
Tehreem Fatima ◽  
Ahmad Raza Bilal

Purpose This study has advanced the role of individual entrepreneurial orientation (IEO) as a precedent of small and medium-sized enterprises (SMEs) performance in the emerging economies. This study aims to use the action regulation theory (ART) to show that active social networking of SME owners acts as a conduit in the above-mentioned relationship and how the social skills of SME owners improve their ability to leverage on entrepreneurial orientation and strengthen their social networking. Design/methodology/approach A three-wave time-lagged survey approach was deployed to collect data from SME owners in the service and manufacturing sector of Pakistan through cluster sampling. The analysis of results was carried out by Models 1 and 4 of Hayes (2017) PROCESS macro. Findings The findings revealed a positive association in the IEO of SME owners and their performance through a partial mediating role of active social networking. Furthermore, SME owners’ social skills played a moderating role in linking IEO of SME owners and active development of social networks. Originality/value Based on ART, this study has targeted a scantly examined psychological perspective in SME performance research and it has shown that by having entrepreneurial orientation and social skills, SME owners can develop active social networks that are an important yet neglected performance precursor in the emerging economy of Pakistan.


2004 ◽  
pp. 129-140 ◽  
Author(s):  
M. Tretyakov

The article focuses on the analysis of the process of convergence of outsider and insider models of corporate governance. Chief characteristics of basic and intermediate systems of corporate governance as well as the changing role of its main agents are under examination. Globalization of financial and commodity markets, convergence of legal systems, an open exchange of ideas and information are the driving forces of the convergence of basic systems of corporate governance. However the convergence does not imply the unification of institutional environment and national institutions of corporate governance.


2020 ◽  
pp. 92-107 ◽  
Author(s):  
A. I. Bakhtigaraeva ◽  
A. A. Stavinskaya

The article considers the role of trust in the economy, the mechanisms of its accumulation and the possibility of using it as one of the growth factors in the future. The advantages and disadvantages of measuring the level of generalized trust using two alternative questions — about trusting people in general and trusting strangers — are analyzed. The results of the analysis of dynamics of the level of generalized trust among Russian youth, obtained within the study of the Institute for National Projects in 10 regions of Russia, are presented. It is shown that there are no significant changes in trust in people in general during the study at university. At the same time, the level of trust in strangers falls, which can negatively affect the level of trust in the country as a whole, and as a result have negative effects on the development of the economy in the future. Possible causes of the observed trends and the role of universities are discussed. Also the question about the connection between the level of education and generalized trust in countries with different quality of the institutional environment is raised.


Author(s):  
Abir Zouari ◽  
Damien Chaney

Research in international marketing has long shown that foreign firms face disadvantages when operating abroad from a lack of familiarity with the local institutional environment. To cope with this familiarity, some companies have developed a culture in the ability to understand and take into account the institutional dimensions of the destination market. This article thus aims to explore the institutional orientation of firms and tests its impact on export performance. In Study 1, we develop and validate a 12-item measurement scale divided into four dimensions. In Study 2, we investigate the role of institutional orientation in export performance using a sample of 273 French and Tunisian exporting companies. The results show that this relationship is not direct but is mediated by export commitment.


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