ENTREPRENEURIAL ORIENTATION, NETWORKING AND FIRM GROWTH: EVIDENCE FROM A TRANSITION ECONOMY

Tringe Krasniqi (), Besnik A Krasniqi (), Liridon Kryeziu (), Saranda Lajqi (), Mirsim Ismajli () and Donika Bytyçi ()
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Tringe Krasniqi: University of Prishtina Hasan Prishtina
Besnik A Krasniqi: University of Prishtina Hasan Prishtina
Liridon Kryeziu: Riinvest Institute, and University for Business and Technology
Saranda Lajqi: Institute for Entrepreneurship and Small Business
Mirsim Ismajli: ESLG College
Donika Bytyçi: ESLG College

Economic Thought and Practice, 2024, vol. 33, issue 2, 351-376

Abstract: Entrepreneurial Orientation (EO) has become an important research domain in the entrepreneurship literature to analyze the ability of firms to maximize the opportunities in the market. Similarly, considering the distinct context of firms in transition economies, networks have become an integrated part of analyzing firms in these contexts. Therefore, the purpose of this study is to examine the impact of EO dimensions (innovativeness, proactiveness, and risk-taking) and networks on micro-, small-, and medium enterprises' growth. This study employs a cross-sectional study on 438 firm owners/managers in four sectors in the case of Kosovo. Findings show highly statistically significant and positive results for all three dimensions: proactiveness, risk-taking, and innovativeness, and a positive and statistically significant relationship between networking and firm growth. All control variables remain consistent regarding statistical significance after introducing EO dimensions. Only when introducing the networking variable does the variable denoting university-level education become negative and statistically significant compared to the non-university education of managers.

Keywords: Entrepreneurial Orientation; networking; firm growth; MSME’s (search for similar items in EconPapers)
JEL-codes: L21 L25 L26 M31 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.17818/EMIP/2024/2.1

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