Frontiers of Entrepreneurship Research
1997 Edition

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THE EFFECTS OF RESOURCE AVAILABILITY AND ENTREPRENEURIAL
ORIENTATION ON FIRM GROWTH

Terrence E. Brown, Jonkoping International Business School
Bruce A. Kirchhoff, New Jersey Institute of Technology


INTRODUCTION
ENTREPRENEURIAL ORIENTATION AND PERFORMANCE

Entrepreneurial Performance and the Environment
Antecedents of Entrepreneurial Orientation

RESOURCES AND ENTREPRENEURIAL ORIENTATION

Resource-Based View of Strategy
Entrepreneurial Orientation and the Resource-Based View
Entrepreneurial Orientation and an Alternative View of Resources

RESOURCE AVAILABILITY

Perception of Environmental Munificence
Resource Acquisition Self-Efficacy

MEASURING THE EFFECTS

Operationalizing Entrepreneurial Orientation
Operationalizing Firm Growth
Operationalizing Environmental Turbulence
Operationalizing Environmental Munificence
Operationalizing Resource Acquisition Self-Efficacy

METHODS

Sample Selection
Survey Results
Description of Statistical Analysis

ANALYSIS OF THE RESULTS

Non-Recursive Path Model
Hypotheses Examined Using Structural Equation Analysis
Hypothesis Examined Using Moderated Regression Analysis
Figure 1 : The Model and Resulting Parameters
TABLE 2 : Moderated Regression Analysis of Entrepreneurial Orientation, Environmental Turbulence and

DISCUSSION AND CONCLUSIONS

Resource Availability

IMPLICATIONS OF THIS RESEARCH

For Academics
For Public Policy

REFERENCES

 

ABSTRACT

In this paper, the popular model of entrepreneurial behavior is modified by the addition of the strategic concept of resource availability. This concept is added as two variables, one examining the perceptions of resource munificence in the environment and the second measuring the entrepreneur's self-belief of his/her ability to acquire these resource for the firm's use. The results of a survey of small firms confirm that entrepreneurs' perceptions about resources contribute to their business success as measured by firm sales and employment growth.

 

 

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