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Entrepreneurial Orientation and Performance in South Korea: The Mediating Roles of Dynamic Capabilities and Corporate Entrepreneurship

  • Euncheon Lim und Dohyeon Kim EMAIL logo
Veröffentlicht/Copyright: 14. Mai 2019

Abstract

Although a cumulative body of literature explains entrepreneurial orientation (EO) and firm performance, there remain differing views on the mechanisms underlying this relationship. The purpose of this study is to investigate the effect of EO on firm performance by considering the roles of dynamic capabilities (DC) and corporate entrepreneurship (CE). We propose that DC and CE mediate the relationship between EO and firm performance, and our empirical results support these propositions. This study fills a gap in the literature on the EO–performance relationship by considering the linkages among disposition, capabilities, and activities in the South Korean context.

Appendix

A Measurement results of subdimensions

1 2 3 4 5 6 7 8 9 10 11
1. Innovativeness 1
2. Risk-taking 0.597** 1
3. Proactiveness 0.623** 0.660** 1
4. Competitive aggressiveness 0.360** 0.405** 0.551** 1
5. Autonomy 0.297** 0.302** 0.389** 0.648** 1
6. Reconfiguration 0.298** 0.300** 0.449** 0.438** 0.392** 1
7. Learning/Acquisition 0.215** 0.292** 0.440** 0.374** 0.288** 0.680** 1
8. Product innovation 0.320** 0.329** 0.413** 0.464** 0.337** 0.387** 0.525** 1
9. Process innovation 0.321** 0.378** 0.400** 0.378** 0.341** 0.367** 0.296** 0.670** 1
10. Organizational innovation 0.178* 0.239** 0.240** 0.141* 0.237** 0.276** 0.176* 0.183** 0.258** 1
11. Venturing 0.145* 0.260** 0.272** 0.296** 0.228** 0.269** 0.234** 0.425** 0.296** 0.427** 1
AVE 0.679 0.603 0.772 0.672 0.709 0.569 0.726 0.751 0.768 0.745 0.841
CR 0.808 0.820 0.910 0.803 0.880 0.723 0.913 0.937 0.908 0.921 0.914
α 0.714 0.756 0.841 0.693 0.786 0.677 0.859 0.883 0.854 0.878 0.877
  1. **p < 0.01, *p < 0.05. AVE: Average variance extracted; CR: construct reliability; α: Cronbach’s alpha.

Acknowledgments

The authors thank anonymous reviewers and the editor, Prof. Chandra S. Mishra, for their valuable comments that have greatly improved the article.

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Published Online: 2019-05-14

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Heruntergeladen am 31.12.2025 von https://www.degruyterbrill.com/document/doi/10.1515/erj-2016-0075/pdf
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