Benefiting from economic crisis? Strategic orientation effects, trade-offs, and configurations with resource availability on SME performance
Beliaeva, Tatiana; Shirokova, Galina; Wales, William; Gafforova, Elena (2018-02-23)
Post-print / Final draft
Beliaeva, Tatiana
Shirokova, Galina
Wales, William
Gafforova, Elena
23.02.2018
International Entrepreneurship and Management Journal
1-30
Springer US
School of Business and Management
Kaikki oikeudet pidätetään.
© Springer Science+Business Media, LLC, part of Springer Nature 2018
© Springer Science+Business Media, LLC, part of Springer Nature 2018
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi-fe2018122051428
https://urn.fi/URN:NBN:fi-fe2018122051428
Tiivistelmä
While there is growing interest in exploring strategic orientations, their interaction, and impact on firm performance, most research has been conducted within stable economic environments. Taking into consideration economic instability, it is timely to develop a more nuanced understanding of how economic crises may affect key strategic orientation prescriptions. In this research, we examine entrepreneurial and market orientations as means through which firms may operate within an economic crisis to seize available opportunities. Additionally, we consider how increasing financial resource availability during macro-economic constraint may affect these relationships. Based on a rare, and robust national random sample of 612 Russian small to medium-sized enterprises (SMEs) collected during a recent period of economic crisis in 2015–2016, our results reveal a positive effect of entrepreneurial orientation and a non-significant effect of market orientation. Moreover, we demonstrate how financial resource availability in concert with firms’ strategic orientations yields distinctly more, and less, productive configurations.
Lähdeviite
Beliaeva, T., Shirokova, G., Wales, W. et al. Int Entrep Manag J (2018). https://doi.org/10.1007/s11365-018-0499-2
Alkuperäinen verkko-osoite
https://link.springer.com/article/10.1007%2Fs11365-018-0499-2Kokoelmat
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