Would it be valuable to measeure EO in a micro -sized firm specifically? Many studies have measure it for SME in general.
That is a good question and you are there already, provided your literature led you there if you are doing academic research.
My question is according to literature what is the importance of a micro sized firm to merit examination of EO? Good luck
The importance is a very good question. I think it depends on the context of the research. Thank you very much.
In my opinion, the EO basically to measure the extent to which the top manager of the firm willingness to outperform the competitors. The discussions of specific scale to measure EO also in the discretion of the researchers. For example Covin and Wales (2011) provide the multidimensional (Lumpkin&Dess) or unidimensional model (Covin&Slevin) models are not meant to be an alternative, rather the scales measuring different phenomena. For more detail on this perspective on the specific measure, one can consult to the article below.
Covin, J. G., & Wales, W. (2012). The Measurement of Entrepreneurial Orientation. Entrepreneurship: Theory & Practice, 36, 677-702.
Hope this can help. Good Luck.
Entrepreneurs are risk takers and creators. Entrepreneurial orientation ( EO ) requires risk taking and innovative ability. Micro-sized enterprises are generally start up firms with small capital and with innovative products. Having started the firm, the entrepreneur's EO will be determined by ability to increase market share in the chosen market segment, by creating competitive advantage through either differentiation or price.
You have a special issue about OE: "Entrepreneurship Theory and Practice, Vol. 35, n° 5.
the classification of Miller (1983) which is, according to Li et al (2008) and Covin and Lumpkin (2011), probably the first author to have operationalized the concept of entrepreneurial orientation. In this theoretical perspective of entrepreneurial orientation considered through three dimensions (Lumpkin and Dess, 1996; Dess et al, 2011): degree of innovation, proactiveness and risk taking. Most aouthors consider the three dimensions as a unidimensional concept.
Best regards
see our conceptual article for small business context.
Aloulou, W., & Fayolle, A. (2005). A conceptual approach of entrepreneurial orientation within small business context. Journal of Enterprising Culture, 13(01), 21-45.
microsized firms are very small in number, usually a startup or family run business, so its EO would be dependant or a reflection of the entrepreneurial intentions of its own individuals ( employees and management). so i believe measuring that will give a good indication.
dear Piero
Entrepreneurship can be measured through: -
• The existence of Center for Entrepreneurship supports the activity of the organization and can be a driving force for their activities encourage creativity and develop the economies of the green industry.
• The existence of a funding source through the collection of donations for each five-year plan.
• adoption of business development personnel programs in order to realize the importance of entrepreneurship in order to output creative and be creative and have the ability to drive the business.
• provide an opportunity to get a certificate of entrepreneurship through academic institutions
with best wishes
dr.salim
Thank you very much. All of you have given me great information.
Hello Piero,
Just to add to what has been said by others. You may also wish to measure the quality of the product or service rendered by the micro-sized firm with respect to its novelty, acceptability by the market including how it has met gaps in the market etc.
All the best
Dear Piero:
With the approach of Peterman and Kennedy, we have measured entrepreneurial intentions in university education for the creation of micro-sized firm. I send the files.
Best regards.
Hello Piero,
The following article might be of interest:
Ruach, A., et al., (2004). ENTREPRENEURIAL ORIENTATION AND BUSINESS PERFORMANCE: AN ASSESSMENT OF PAST RESEARCH AND SUGGESTIONS FOR THE FUTURE. Retrieved from : http://www.blackwellpublishing.com/journal.asp?ref=1042-2587&site=1
Hi Piero,
entrepreneurial orientation is generally considered as a multi-dimensional construct encompassing latent variables such as innovativeness, risk-taking and proactiveness. I found the work of Khedhaouria et al. very effective and interesting. Have a look!
Title: "Creativity, self-efficacy and small firm performance: the mediating role of entrepreneurial orientation". Small Business Economics (2015)
Good luck!
Daniele
EO is a firm-level construct, so it ioffers a broad range of applications. Of course specifics of small businesses need to be taken in account. I recommend referring to the following article:
Wiklund, J., & Shepherd, D. (2005). Entrepreneurial orientation and small business performance: a configurational approach. Journal of Business Venturing, 20(1), 71-91. doi:10.1016/j.jbusvent.2004.01.001
Hope that helps!
Hi Piero, maybe the paper "ORIENTAÇÃO EMPREENDEDORA E SUA ASSOCIAÇÃO COM AS CAPACIDADES DINÂMICAS: UM ESTUDO EM AGROINDÚSTRIAS" can help your research.
In this link is possible to access the paper or send me mensage and I send you:
https://www.researchgate.net/publication/290123189_ORIENTACAO_EMPREENDEDORA_E_SUA_ASSOCIACAO_COM_AS_CAPACIDADES_DINAMICAS_UM_ESTUDO_EM_AGROINDUSTRIAS?ev=prf_pub
Conference Paper ORIENTAÇÃO EMPREENDEDORA E SUA ASSOCIAÇÃO COM AS CAPACIDADES...
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