Frontiers of Entrepreneurship
Research
1997 Edition
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Research Return
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Terrence E. Brown, Jonkoping International
Business School
Bruce A. Kirchhoff, New Jersey Institute of Technology
INTRODUCTION
ENTREPRENEURIAL
ORIENTATION AND PERFORMANCE
Entrepreneurial Performance and the Environment
Antecedents of Entrepreneurial Orientation
RESOURCES AND ENTREPRENEURIAL ORIENTATION
Resource-Based View of Strategy
Entrepreneurial Orientation and the Resource-Based View
Entrepreneurial Orientation and an Alternative View of Resources
Perception of Environmental Munificence
Resource Acquisition Self-Efficacy
Operationalizing Entrepreneurial Orientation
Operationalizing Firm Growth
Operationalizing Environmental Turbulence
Operationalizing Environmental Munificence
Operationalizing Resource Acquisition Self-Efficacy
Sample Selection
Survey Results
Description of Statistical Analysis
Non-Recursive Path Model
Hypotheses Examined Using Structural Equation Analysis
Hypothesis Examined Using Moderated Regression Analysis
Figure 1 : The Model and Resulting Parameters
TABLE 2 : Moderated Regression Analysis of Entrepreneurial Orientation, Environmental Turbulence and
ABSTRACT
In this paper, the popular model of entrepreneurial behavior is modified by the addition of the strategic concept of resource availability. This concept is added as two variables, one examining the perceptions of resource munificence in the environment and the second measuring the entrepreneur's self-belief of his/her ability to acquire these resource for the firm's use. The results of a survey of small firms confirm that entrepreneurs' perceptions about resources contribute to their business success as measured by firm sales and employment growth.
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Last Updated 03/05/98