Entrepreneurial Orientation in low- and medium-tech industries: The need for Absorptive Capacity to increase performance

Autor: Laura D'Oria, Massimiliano Bruni, Bárbara Larrañeta, Salvatore Sciascia
Rok vydání: 2014
Předmět:
Zdroj: European Management Journal. 32:761-769
ISSN: 0263-2373
DOI: 10.1016/j.emj.2013.12.007
Popis: The implications of Entrepreneurial Orientation (EO) for firm performance in low- and medium-tech (LMT) industries are largely unexplored and seem to be limited. In this paper we seek to address this research gap studying how Absorptive Capacity can act as a key factor determining the effectiveness of EO in such a context. Specifically, we adopt the knowledge-based view of the firm and explore the moderating effects of Absorptive Capacity’s Potential and Realized dimensions on the EO–performance relationship in LMT industries. Our regression results based on a lagged dataset of 103 medium-sized firms based in Italy confirm our hypotheses that, in LMT industries, EO has a positive effect on firm performance when coupled with high levels of both Potential and Realized Absorptive Capacity.
Databáze: OpenAIRE