Entrepreneurial orientation and new venture performance in emerging markets: the mediating role of opportunity recognition

Muhammad Anwar*, Thomas Clauss*, Wunnam Basit Issah*

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

How entrepreneurial orientation facilitates the identification of new opportunities in newly established ventures in emerging economies remains largely unexplored. Approaching entrepreneurial orientation as a second order latent construct, we examined the mediating role of opportunity recognition on new venture performance. Using a survey data from 316 SMEs, the results of the analysis in SmartPLS highlights that entrepreneurial orientation indirectly contributes to the performance of new ventures, where the relationship is partially mediated by opportunity recognition. The findings show that firms with high entrepreneurial orientation can identify and exploit new opportunities as well as enjoy superior performance.
Original languageEnglish
JournalReview of Managerial Science
Number of pages28
ISSN1863-6683
DOIs
Publication statusE-pub ahead of print - 24. Mar 2021
Externally publishedYes

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