I would like to know more about the studies of implementations and applications of innovation behavior and entrepreneurship orientation in business life to contribute (if possible) and also to use them as valuable data for both business and academic environments.
I provide you with the answers to your question below :
"The Impact of Innovation on Business Performance: Evidence from a Longitudinal Study" by Zahra, Ireland, and Hitt (2000) examined the impact of innovation on business performance over a period of 10 years. The study found that innovation had a positive impact on business performance, both in terms of profitability and growth.
"The Entrepreneurial Orientation of Organizations: Concepts, Measurement, and Implications for Performance" by Miller (1983) defined entrepreneurial orientation as "the degree to which an organization emphasizes and rewards risk-taking, proactiveness, and innovativeness." The study found that entrepreneurial orientation was positively correlated with business performance.
"The Relationship Between Entrepreneurial Orientation and Firm Performance: A Meta-Analytic Review" by Rauch, Wiklund, Lumpkin, and Frese (2009) examined the relationship between entrepreneurial orientation and firm performance in 35 studies. The study found that entrepreneurial orientation was positively correlated with firm performance, but the relationship was stronger for small firms than for large firms.
"The Relationship Between Innovation and Performance in Small and Medium-Sized Enterprises: The Moderating Role of Environmental Dynamism" by Wiklund and Shepherd (2005) examined the relationship between innovation and performance in small and medium-sized enterprises (SMEs). The study found that the relationship between innovation and performance was stronger for SMEs that operated in dynamic environments.
"Entrepreneurial Orientation, Learning Orientation, and Firm Performance" by Jansen, Van den Bosch, and Volberda (2006) examined the relationship between entrepreneurial orientation, learning orientation, and firm performance. The study found that entrepreneurial orientation and learning orientation were both positively correlated with firm performance.
"The Impact of Entrepreneurial Orientation on the Performance of High-Technology Start-Ups" by Kreiser, Marino, and Weaver (2008) examined the impact of entrepreneurial orientation on the performance of high-technology start-ups. The study found that entrepreneurial orientation was positively correlated with the performance of high-technology start-ups.
Innovation behavior and entrepreneurship orientation are two important concepts in business life. Business model innovation (BMI) and entrepreneurial orientation (EO) are two strategic orientations that are critical for the success of small-and medium-sized enterprises (SMEs) in international markets. A study by Asemokha et al. (2019) demonstrated the role of BMI and EO in the internationalization of SMEs. The study explored the mediating role of BMI in the relationship between EO and international performance among internationalizing SMEs. The results suggest that BMI positively and significantly mediates the relationship between EO and international performance. In addition, EO has a positive and significant effect on SMEs’ BMI.
Thanks for the reply and information, will look into it.
Please note that my main concern is to know better how to implement ( forms of implementation) innovative behavior and entrepreneurial orientation into SMEs operations in the best possible way.
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