Title: A Conceptual Model of Entrepreneurship as Firm Behavior
Abstract:This analysis develops a conceptual model of entrepreneurial behavior at the organizational level. Entrepreneurship is considered to be a dimension of strategic posture, and thus all manner of organiz...This analysis develops a conceptual model of entrepreneurial behavior at the organizational level. Entrepreneurship is considered to be a dimension of strategic posture, and thus all manner of organizationals may behave entrepreneurially. This strategic posture encompasses a firm's risk-taking propensity, its ability to be competitively aggressive, proactive manners, and product innovation. Key characteristics for the creation of this organizational model are presented -- the dependent variable is firm performance; environmental, organization, and individual level variables are utilized; and both direct and moderator effects are included. The external variables consist of environmental technological sophistication, environmental dynamism, environmental hostility, and industry life cycle stage, while the internal variables are top management values and philosophies, organizational resources and competencies, organizational culture, and organizational structure. Strategic variables are mission strategy and business practices and competitive tactics. Forty-four propositions are derived from this model. Among the theoretical and managerial implications. First, firms should be viewed as entrepreneurial entities, and this entrepreneurial behavior is often an integral part of the firm's management. Further, entrepreneurial posture can be managed. (SRD)Read More
Publication Year: 1991
Publication Date: 1991-01-01
Language: en
Type: article
Access and Citation
Cited By Count: 29
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot