Entrepreneurial Orientation and Firm Performance – Challenges for Research and Practice

The aim of the article is to critically review the body of literature exploring the nature and various contexts of EO-firm performance relationship, as well as identify contemporary challenges of this stream of research. The article is an overview of the most important articles of the last two dec...

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Main Author: Agnieszka Żur
Format: Article
Language:English
Published: Cracow University of Economics 2014-06-01
Series:Entrepreneurial Business and Economics Review
Subjects:
Online Access:https://eber.uek.krakow.pl/index.php/eber/article/view/9
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author Agnieszka Żur
author_facet Agnieszka Żur
author_sort Agnieszka Żur
collection DOAJ
description The aim of the article is to critically review the body of literature exploring the nature and various contexts of EO-firm performance relationship, as well as identify contemporary challenges of this stream of research. The article is an overview of the most important articles of the last two decades of research devoted to EO-firm performance relationship, based on the amount of citation references provided by Ebsco scholar database. The review focuses on: (i) the performance indicators applied in research, (ii) sampling and time frame of the studies as well as (iii) moderating factors of this relationship. Despite huge progress made, the review reveals important issues that have been side-lined or neglected and remain to be challenged. This paper presents four major suggestions for a more inclusive, broader stream of research: (i) to take inspiration from stakeholder theory, (ii) to spread the research of EO-firm performance relationship across different entrepreneurship contexts, such as social, non-profit and institutional, adjusting scales and measures, (iii) to apply a more dynamic approach to EO-firm performance relationship, and (iv) to diversify the applied research methods. The article serves to broaden the scope of EO-firm performance relationship. The discussion presents significant potential contributions brought to EO domain by stakeholder theory. It issues a call to identify and pursue research questions that more effectively address contemporary challenges. Not only does it outline issues and methods worthy of greater attention in future study, but more importantly, leads to extending EO research beyond its current boundaries.
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spelling doaj-art-24d67e666eda4b43ba503d934aeabc432025-08-20T03:51:58ZengCracow University of EconomicsEntrepreneurial Business and Economics Review2353-88212014-06-011210.15678/EBER.2013.0102029Entrepreneurial Orientation and Firm Performance – Challenges for Research and PracticeAgnieszka Żur0Cracow University of Economics The aim of the article is to critically review the body of literature exploring the nature and various contexts of EO-firm performance relationship, as well as identify contemporary challenges of this stream of research. The article is an overview of the most important articles of the last two decades of research devoted to EO-firm performance relationship, based on the amount of citation references provided by Ebsco scholar database. The review focuses on: (i) the performance indicators applied in research, (ii) sampling and time frame of the studies as well as (iii) moderating factors of this relationship. Despite huge progress made, the review reveals important issues that have been side-lined or neglected and remain to be challenged. This paper presents four major suggestions for a more inclusive, broader stream of research: (i) to take inspiration from stakeholder theory, (ii) to spread the research of EO-firm performance relationship across different entrepreneurship contexts, such as social, non-profit and institutional, adjusting scales and measures, (iii) to apply a more dynamic approach to EO-firm performance relationship, and (iv) to diversify the applied research methods. The article serves to broaden the scope of EO-firm performance relationship. The discussion presents significant potential contributions brought to EO domain by stakeholder theory. It issues a call to identify and pursue research questions that more effectively address contemporary challenges. Not only does it outline issues and methods worthy of greater attention in future study, but more importantly, leads to extending EO research beyond its current boundaries. https://eber.uek.krakow.pl/index.php/eber/article/view/9entrepreneurial orientationfirm performanceentrepreneurship
spellingShingle Agnieszka Żur
Entrepreneurial Orientation and Firm Performance – Challenges for Research and Practice
Entrepreneurial Business and Economics Review
entrepreneurial orientation
firm performance
entrepreneurship
title Entrepreneurial Orientation and Firm Performance – Challenges for Research and Practice
title_full Entrepreneurial Orientation and Firm Performance – Challenges for Research and Practice
title_fullStr Entrepreneurial Orientation and Firm Performance – Challenges for Research and Practice
title_full_unstemmed Entrepreneurial Orientation and Firm Performance – Challenges for Research and Practice
title_short Entrepreneurial Orientation and Firm Performance – Challenges for Research and Practice
title_sort entrepreneurial orientation and firm performance challenges for research and practice
topic entrepreneurial orientation
firm performance
entrepreneurship
url https://eber.uek.krakow.pl/index.php/eber/article/view/9
work_keys_str_mv AT agnieszkazur entrepreneurialorientationandfirmperformancechallengesforresearchandpractice