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Journal article
Entrepreneurial Orientation and Firm Performance: The Moderating Role of Managerial Power
American journal of business, Vol.25(2), pp.41-54
10/28/2010
Web of Science ID: WOS:000420788400004
Abstract
Organizational researchers have long recognized the important role that top managers play within entrepreneurial firms (Ireland, Hitt and Sirmon 2003). Utilizing Covin and Slevin's (1989) conceptual framework, the current study explores three key entrepreneurial characteristics of top managers and the impact these characteristics have on firm performance. Specifically, we argue that top managers with a high tolerance of risk, those who favor innovative activities and those who display a high degree of proactiveness will positively impact firm performance. In addition, this study examines the influence of top managers' prestige, structural and expert power on the relationship between entrepreneurial orientation and firm performance. We conclude the study with a discussion of theoretical and practical implications of our findings and suggestions for future research in this area of study.
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Details
- Title
- Entrepreneurial Orientation and Firm Performance: The Moderating Role of Managerial Power
- Publication Details
- American journal of business, Vol.25(2), pp.41-54
- Resource Type
- Journal article
- Publisher
- Emerald Group Publishing
- Copyright
- © 2010, Emerald Group Publishing Limited
- Identifiers
- WOS:000420788400004; 99380171595106600
- Academic Unit
- Business Administration; Lewis Bear Jr. College of Business
- Language
- English