scholarly journals Exploring the Enablers of Strategic Orientation for Technology-Driven Business Innovation Ecosystems

2019 ◽  
Vol 11 (20) ◽  
pp. 5779 ◽  
Author(s):  
Ta-Kai Yang ◽  
Min-Ren Yan
Keyword(s):  
Market Orientation ◽  
Entrepreneurial Orientation ◽  
Ecosystem Model ◽  
Strategic Orientation ◽  
Innovation Ecosystem ◽  
Business Innovation ◽  
Reinforcing Effect ◽  
Innovation Ecosystems ◽  
Orientation Interaction ◽  
New Business

The present study explores the impacts of corporate strategic orientation on innovation ecosystems through the perspective of systems thinking. Multiple-cases method was adopted to analyze three representative companies of different industries. In terms of academic contribution, the results of this study verify an innovation ecosystem model in a generalized manner, and find that market orientation, interaction orientation, and entrepreneurial orientation generate a positively reinforcing effect on the paths of the innovation ecosystem model in all phases, thus, diversifying the available literature of innovative ecosystems. In terms of practical contribution, this study presents a dynamic context of the development of new business, and describes the links between innovative activities and the market. Enterprises can refer to the proposed framework as well as strategic architecture in this study to effectively transform innovative activities into market performance.

The Influence of Strategic Orientation on Firm Performance Mediated by Social Media Orientation at MSMEs

2018 ◽  
Vol 4 (08) ◽  
Author(s):  
Aekram Faisal ◽  
Asep Hermawan ◽  
Willy Arafah
Keyword(s):  
Social Media ◽  
Firm Performance ◽  
Market Orientation ◽  
Entrepreneurial Orientation ◽  
Two Dimensions ◽  
Strategic Orientation ◽  
Equation Modeling ◽  
Learning Orientation ◽  
Technological Orientation ◽  
Media Orientation

The main purpose of this research is to analyze the influence of strategic orientation on firm performance mediated by social media orientation at MSMEs. Strategic orientation includes market orientation, entrepreneurial orientation, technological orientation, and learning orientation. The design used in this research is hypothesis testing by using Structural Equation Modeling (SEM). The respondent population of this research is all owners or managers of MSMEs located in DKI Jakarta area and have been running their business for at least 2 (two) years, and have used social media in their business. This study used a sample of respondents. The sampling was done by using non-probability sampling technique with purposive sampling method with 321 respondents. The results of this study show that only learning orientation has a direct effect on firm performance, while for market orientation and entrepreneurial orientation requires mediation role from social media orientation, and for technological orientation either directly or after mediation by social media orientation still has no effect significant to firm performance. The variable that has the greatest influence on firm performance after mediated by social media orientation is the entrepreneurial orientation. The results of this study provide insight for MSMEs practitioners, in order to use their strategic activities to increase the use of social media so as to improve the firm performance. This study has limitations, including not detailing the construct dimension of social media orientation into two dimensions of visibility and Sales and business development, and the sample of respondents from this study is only the perpetrators of MSMEs located in the area of DKI Jakarta. This can be a suggestion for further research. The model proposed in this study is to add the role of social media orientation as a mediation variable in the relationship between strategic orientation with firm performance.

scholarly journals Entrepreneurial Orientation, Interaction Orientation, and Innovation Performance: A Model of Moderated Mediation

SAGE Open ◽  
2019 ◽  
Vol 9 (4) ◽  
pp. 215824401988514
Author(s):  
Wenhao Song ◽  
Xifang Ma ◽  
Hongyan Yu
Keyword(s):  
Entrepreneurial Orientation ◽  
Innovation Performance ◽  
Strategic Orientation ◽  
Mediation Effect ◽  
Innovation Capability ◽  
Research Model ◽  
Market Driving ◽  
Orientation Interaction ◽  
Market Driven ◽  
Practical Implications

This research explored the relationships between entrepreneurial orientation (EO), interaction orientation (IO), and innovation performance based on resource-based theory. We used two market approaches (market-driving and market-driven) to test our research model. We collected data from the responses of 209 corporations in China. Our findings indicated that both EO and IO positively affected knowledge combination capability (KCC), which contributed to innovation performance. The results indicated that organizational collectivism moderated the link between EO and KCC. It also moderated the mediation effect of EO on firm’s innovation performance by KCC. Interestingly, we found that organizational collectivism moderated the link between IO and KCC and also moderated the mediation of IO on innovation performance by KCC. Our research contributes to the field of strategic orientation and suggests that managers should pay attention to the two market approaches and organizational culture, which can improve innovation performance. Furthermore, this research offers theoretical and practical implications to firm’s innovation capability.

The associations among market orientation, technology orientation, entrepreneurial orientation and organizational performance

2018 ◽  
Vol 25 (8) ◽  
pp. 3117-3142 ◽  
Author(s):  
Ra’ed Masa’deh ◽  
Jawaher Al-Henzab ◽  
Ali Tarhini ◽  
Bader Yousef Obeidat
Keyword(s):  
Organizational Performance ◽  
Market Orientation ◽  
Entrepreneurial Orientation ◽  
Strategic Orientation ◽  
Pharmaceutical Companies ◽  
Pharmaceutical Sector ◽  
Content Type ◽  
Strategic Orientations ◽  
Technology Orientation ◽  
The Relationship

PurposeThe purpose of this paper is to explore the relationship between three variables of strategic orientation (market orientation, technology orientation entrepreneurial orientation) and organizational performance in the Jordanian pharmaceutical sector.Design/methodology/approachThis study employed a quantitative research design where 252 questionnaires were collected form respondents operating in various pharmaceutical companies in Jordan to obtain necessary data to test the hypotheses developed for the study. Multiple regressions were used to analyze the research data.FindingsThe results of the analysis revealed that strategic orientations were positively and significantly related to organizational performance. The findings also showed that market orientation contributed the most to the enhancement of organizational development followed by technology orientation and finally entrepreneurship orientation.Practical implicationsThese findings contribute to the understanding of the importance of employing multiple strategic orientations in order to enhance organizational performance, particularly in pharmaceutical companiesOriginality/valueThis is the first study which adequately covers the relationship between three variables of strategic orientation (market orientation, technology orientation, entrepreneurial orientation) and organizational performance in the Jordanian pharmaceutical sector.

Open innovation ecosystems: toward low-cost wind energy startups

2020 ◽  
Vol 14 (5) ◽  
pp. 853-869
Author(s):  
Muhammad Aftab Alam ◽  
Kashif Mateen Ansari
Keyword(s):  
Wind Energy ◽  
Open Innovation ◽  
Low Cost ◽  
Ecosystem Model ◽  
Energy Sector ◽  
Innovation Ecosystem ◽  
Initial Development ◽  
Content Type ◽  
Innovation Ecosystems ◽  
The Government

Purpose The purpose of this paper is to demonstrate how an open innovation strategy of public management in the energy sector enables the creation of innovation ecosystems and how it reduces the cost of wind energy projects in energy-poor countries. Design/methodology/approach This research study reflects on seven wind energy startups (WESs) in Pakistan using quantitative and qualitative data following a sequential mixed-methods approach. First, it draws from growing literature on innovation and renewable energy management to conceptualize an open innovation ecosystem model around WESs. It then tests this model using cost analyses of wind projects and identifies possible cost-saving strategies. Finally, follow-up interviews with managers in investigated projects cross check study findings and validate the model. Findings Three noteworthy findings can help policymakers in developing countries to effectively meet the future energy challenges and get benefit from international funding opportunities: by protecting lenders on approved terms rather than offering sovereign guarantee to operating firms; by letting the government take control of the initial development phase; and by giving off-take guarantees to the manufacturers. Practical implications It offers policy recommendations to energy sector managers about guarantees, financing, regulators, governmental control, tariffs and transfer of technology that can significantly curtail outlays. Originality/value Results suggest that adopting an open innovation ecosystem model can potentially save around 6 per cent ($4-$7m) in the overall cost of a 50 MW wind energy project.

scholarly journals Entrepreneurial orientation, learning orientation, market orientation, and organizational performance: Family firms versus non-family firms

2020 ◽  
Vol 10 (1) ◽  
pp. 6-19
Author(s):  
Remedios Hernández Linares ◽  
María Concepción López Fernandez
Keyword(s):  
Organizational Performance ◽  
Market Orientation ◽  
Entrepreneurial Orientation ◽  
Strategic Behavior ◽  
Family Firms ◽  
Strategic Orientation ◽  
Learning Orientation ◽  
Strategic Orientations ◽  
Scant Attention ◽  
Improved Performance

Firms develop and use multiple strategic orientations. However, the investigations considering more than one strategic orientation are scant and have paid scant attention to the singular context of family firms, despite the growing evidence of their special strategic behavior. To cover these research gaps, we analyze the combined effects of three strategic orientations (mainly, entrepreneurial orientation, learning orientation, and market orientation) on family firm’s performance, by comparing family firms and non-family firms from Spain and Portugal. Our results show that the entrepreneurial orientation is the strategic orientation with higher impact on family firm performance, followed by market orientation, so, our work offers family firms some insights to an improved performance. In addition our work contributes to literature by corroborating the idea of strategic equifinality.

scholarly journals Californian innovation ecosystem: emergence of agtechs and the new wave of agriculture

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Andrei Mikhailov ◽  
Carlos Oliveira ◽  
Antonio Domingos Padula ◽  
Fernanda Maciel Reichert
Keyword(s):  
Secondary Data ◽  
Research Approach ◽  
Structured Interviews ◽  
Innovation Ecosystem ◽  
Content Type ◽  
Radical Innovations ◽  
Innovation Ecosystems ◽  
Key Characteristics ◽  
New Business ◽  
Fast Pace

Purpose In a context where the process of creation of technology and innovation for agriculture is being disrupted at a fast pace, the authors proposed to study one of the most prominent agtech innovation ecosystems. Therefore, this paper aims to identify key characteristics that make California’s agtech innovation ecosystem remarkable. Design/methodology/approach The paper is an exploratory and descriptive research carried out in a twofold. First, data were collected through documental research focusing on actors such as universities, R&D centers and programs, business accelerators and venture capital platforms, agtechs, as well as multinational companies. Second, structured interviews were carried out to complement the secondary data collected and to obtain experts’ perception on the relationships between actors of the ecosystem and on the characteristics that make this ecosystem remarkable. Findings The paper provides empirical insights about the relevance of California's agtech innovation ecosystem to creation of radical innovations in agriculture. It has a differentiated environment, where educational and research institutions play a key role in developing new knowledge. It also shows how important funding is to allow new business to succeed. Additionally, it shows that actors interact in a complex network, with multiple roles. All these key characteristics allow this agtech innovation ecosystem to be so remarkable. Research limitations/implications Because of the chosen research approach, the research results may lack generalizability. Therefore, researchers are encouraged to survey a larger number of actors of this and other agtech innovation ecosystems to test the identified key characteristics further. Practical implications The paper includes indication of characteristics necessary to develop a prominent agtech innovation ecosystem, which may contribute to decision makers to develop policies aiming to promote this type of ecosystem. Originality/value This paper fulfils an identified need to open the “black-box” of agtech innovation ecosystems, which may then allow radical innovations within the sector to be developed and taken to the market.

Strategic orientation and organizational forms: an integrative framework

2014 ◽  
Vol 26 (2) ◽  
pp. 188-203 ◽  
Author(s):  
Krishna Chandra Balodi
Keyword(s):  
Market Orientation ◽  
Entrepreneurial Orientation ◽  
Design Methodology ◽  
Strategic Orientation ◽  
Organizational Forms ◽  
Review Of Literature ◽  
Content Type ◽  
Integrative Framework ◽  
Conceptual Paper ◽  
Business Philosophy

Purpose – This paper aims to bring together strategic orientation (SO) and organizational forms literatures by proposing refined SO typologies based on various combinations of entrepreneurial orientation (EO) and market orientation (MO); and postulating typical organizational forms (configurations) for proposed SO types relative to each other in terms of parameters identified from organizational forms literature. Design/methodology/approach – This conceptual paper employs selective-intensive review of literature dealing with: both EO and MO to identify extant SO typologies, relevant strategic attributes, and relationships between EO, MO and strategic attributes; and organizational forms to identify parameters. Tabular frameworks are used to compare the proposed and extant SO types, posit strategic attributes for the proposed SO types, and compare ideal organizational profiles across SO types. Findings – EO and MO are related constructs that capture distinct aspects of business philosophy. Relationships of EO and MO with each strategic attributes are summarized. To explain differences across all attributes simultaneously, using combinations of EO and MO, five SO types – prospector, analyzer, proactive defender, reactive defender, and reactor – are proposed. Relative organizational profiles are specified for proposed SO types, using parameters strategy, structure, resources, and environment. Originality/value – This paper brings together sporadic attempts towards developing SO typology and explicitly integrates SO and organizational forms literatures. It offers ground work for developing testable propositions and tabular frameworks that may serve as heuristics into nature of firms' orientations and their performance implications.

scholarly journals Strategic Orientation on Performance: The Resource Based View Theory Approach

2020 ◽  
Vol 24 (1) ◽  
pp. 131
Author(s):  
Raymond Dionysus, Agus Zainul Arifin
Keyword(s):  
Statistical Analysis ◽  
Market Orientation ◽  
Entrepreneurial Orientation ◽  
Quantitative Research ◽  
Strategic Orientation ◽  
Primary Data ◽  
Theory Approach ◽  
Resource Based View ◽  
Medium Enterprise ◽  
The Relationship

This study aims to verify of the relationship between Entrepreneurship Orientation and Market Orientation to Small and Medium Enterprise (SME) Performance, using the Resource Based View (RBV) theory approach. The research object used was SME entrepreneurs in DKI Jakarta. This research uses a quantitative research design. The data used in this research consists of primary data and collected through Google Forms, which are distributed online. The amount of data collected was 190 samples. The collected data will be analyzed using SEM-PLS Version 3.3.2. Statistical analysis test the outer and inner models. The results obtained indicate that Entrepreneurship Orientation plays a role in SME Performance, and Market Orientation does not affect SME Performance. The implication of this research shows that the Resource Based View theory is right to explain the relationship between Entrepreneurial Orientation and SME Performance because SME performance will be better if it has Entrepreneurial Orientation.

The Impact of Market Orientation, Entrepreneurial Orientation, and Relationship Orientation on the International Performance of SMEs

2022 ◽  
pp. 203-221
Author(s):  
Kabiru Sa'ad Sa'id
Keyword(s):  
Market Orientation ◽  
Entrepreneurial Orientation ◽  
Strategic Orientation ◽  
Three Dimensions ◽  
Future Research ◽  
International Performance ◽  
Relationship Orientation ◽  
The Impact ◽  
The Relationship ◽  
Positive Effect

The relationship between strategic orientation and SME international performance is empirically inadequate, specifically in a developing country. This study focuses on the effect of three dimensions of strategic orientation, namely market orientation, entrepreneurial orientation, and relationship orientation on the international performance of SMEs applying the theory of resource-based view. The study is quantitative and uses the data collected from 296 managers of SMEs operating an international business in Nigeria. The authors revealed that entrepreneurial orientation, relationship orientation have a positive effect on firm international performance. On the other hand, market orientation has no significant impact on a firm international performance. The authors explain the managerial contribution of study findings and provide future research suggestions.

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