Entrepreneurial orientation in turbulent environments: The moderating role of absorptive capacity
Andreas Engelen,
Harald Kube,
Susanne Schmidt and
Tessa Christina Flatten
Research Policy, 2014, vol. 43, issue 8, 1353-1369
Abstract:
The literature on entrepreneurial orientation (EO) has confirmed the positive relationship between EO and firm performance and that relationship's dependence on several contingencies. The present study connects the resource-based view and its dynamic capability extension to introduce absorptive capacity (ACAP) as a moderator of the relationship between EO and firm performance. This theoretically derived research model is empirically validated using survey data from 219 small and medium-sized enterprises in Germany. Our empirical findings are that ACAP strengthens the EO–performance relationship in turbulent markets.
Keywords: Entrepreneurial orientation; Absorptive capacity; Survey research (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (63)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:43:y:2014:i:8:p:1353-1369
DOI: 10.1016/j.respol.2014.03.002
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