A4 Conference proceedings

Entrepreneurial Orientation and SMEs performance: Mediating Role of Business Model Innovation Capabilities


Publication Details
Authors: Asemokha Agnes, Musona Jackson, Torkkeli Lasse, Salojärvi Hanna
Publication year: 2017
Language: English
Title of parent publication: 21st McGill International Entrepreneurship Conference
JUFO-Level of this publication: 0
Open Access: Not an Open Access publication

Abstract

This
paper aims to join the conversation on generating more theoretical insights and
empirical evidence by linking business models and international
entrepreneurship literature. The paper is one of few attempts to explore and
quantitatively analyze the relationship between entrepreneurial orientation and
SMEs performance through the mediating lenses of business model innovation
capability. Drawing from a cross industrial sample of 87 Finnish SMEs, a
confirmatory factor analysis measurement model was developed followed by
testing the hypothesized relationships through structural equation modelling.
Results from the structural model show that SMEs strategic orientation
dimensions of proactiveness and innovativeness have a positive and significant
effect on firms’ development of business model innovation capabilities but the
mediating role of business model innovation capabilities between
entrepreneurial orientation and international performance is not supported. Our
findings imply that even though business model innovation is identified as key
to firm's’ long term competitiveness, the ability and the initiative for SMEs
to change their business model is not directly related to their performance
internationally.


Last updated on 2019-13-02 at 08:59