The role of entrepreneurial orientation and management innovation in firm performance : evidence from Finnish enterprises
Kireeva, Polina (2021)
Pro gradu -tutkielma
2021
School of Business and Management, Kauppatieteet
Kaikki oikeudet pidätetään.
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi-fe2021062139241
https://urn.fi/URN:NBN:fi-fe2021062139241
Tiivistelmä
Nowadays, companies actively implement new practices and processes within an organization in order to increase their productivity, profitability and efficiency. The relevance of this action has risen dramatically, especially in recent year due to the pandemic situation and lockdown of most of the cities. This research aims to find the proper link between management innovation, entrepreneurial orientation, and firm performance.
This research analyses survey data from examining 325 companies operating in Finland using structural equation modelling (SEM). In order to investigate the relationship between management innovation, entrepreneurial orientation and firm performance, I consider two theoretical frameworks that indicated management innovation as a moderator and a mediator in the model. These two models were tested via SPSS AMOS software. As a result, I revealed that (1) entrepreneurial orientation has a significant positive influence on management innovation; (2) management innovation strengthens the influence of entrepreneurial orientation on financial performance; (3) entrepreneurial orientation has an indirect effect on strategic performance and performance against competitors.
This research analyses survey data from examining 325 companies operating in Finland using structural equation modelling (SEM). In order to investigate the relationship between management innovation, entrepreneurial orientation and firm performance, I consider two theoretical frameworks that indicated management innovation as a moderator and a mediator in the model. These two models were tested via SPSS AMOS software. As a result, I revealed that (1) entrepreneurial orientation has a significant positive influence on management innovation; (2) management innovation strengthens the influence of entrepreneurial orientation on financial performance; (3) entrepreneurial orientation has an indirect effect on strategic performance and performance against competitors.