Abstract
This study examines the relative efficacy of entrepreneurial orientation (EO), market orientation (MO), and entrepreneurial marketing (EM) as moderated by various environmental and organizational factors including firm size. Using structural equation modeling and representative cross-sectional data of small, mid-sized, and large firms from the United States, the research finds that EO outperforms EM and MO in conditions of low competitive intensity, low market growth, and high supplier power. EO is also most viable for small firms, and those with smaller and less diverse networks. In contrast, MO performs best for large firms, and firms with diverse and strong networks, operating in high growth, low turbulence markets, and when supplier power is low. Finally, EM excels under conditions of high market turbulence, competitive intensity, and supplier power, for mid-sized firms, and firms with low network strength.
Original language | English |
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Pages (from-to) | 2741-2778 |
Number of pages | 38 |
Journal | Journal of Small Business Management |
Volume | 62 |
Issue number | 6 |
DOIs | |
State | Published - 2024 |
Bibliographical note
Publisher Copyright:© 2023 International Council for Small Business.
Keywords
- Entrepreneurial orientation
- entrepreneurial marketing
- environmental factors
- firm performance
- market orientation
- sustainable growth
ASJC Scopus subject areas
- General Business, Management and Accounting
- Strategy and Management
- Management of Technology and Innovation