Affiliation:
1. Krakow University of Economics, Poland
Abstract
The article focuses on the interdependencies within entrepreneurial orientation. The objective of the study was to verify the relationship between risk-taking and innovativeness, on the one hand, and proactiveness on the other hand, as three elements of entrepreneurial orientation of internationalized firms. The main research question the article answers is: In what way do risk-taking and innovativeness influence proactiveness within the interrelated three-dimensional construct of entrepreneurial orientation? The article employs structural equation modelling (CB-SEM) to analyse survey results based on a stratified sampling of 355 internationalized firms from Poland. The empirical findings demonstrate the positive impact of risk-taking (RISK) and innovativeness (INNO) on proactiveness (PROACT) within the interrelated three-dimensional construct of entrepreneurial orientation. Moreover, the level of risk-taking (RISK) and innovativeness (INNO) accounts for 36% of the variation in proactiveness (PROACT), which is considered high in social sciences, including business studies.
Publisher
Centre of Sociological Research, NGO
Subject
General Economics, Econometrics and Finance,Sociology and Political Science
Cited by
8 articles.
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