Knowledge-based resources, entrepreneurial orientation, and the performance of small and medium-sized businesses

• 成果类型: Article
• 署名作者: Wiklund, J; Shepherd, D
• 署名单位: Stockholm School of Economics; Jonkoping University; University of Colorado System; University of Colorado Boulder; Jonkoping University
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.360
• 发表日期: 2003
• 页码: 1307-1314
• 关键词: knowledge; RESOURCES; ENTREPRENEURIAL ORIENTATION; DISCOVERY; exploitation

摘要

While theory suggests that management has discretion in manipulating resources in order to build competitive advantage, resource-based research has focused on the characteristics of resources, paying less attention to the relationship between those resources and the way firms are organized. In explaining performance, entrepreneurship scholars have focused on a firm's entrepreneurial strategic orientation (EO), leaving its interrelationship with internal characteristics aside. We argue that EO captures an important aspect of the way a firm is organized. Our findings suggest that knowledge-based resources (applicable to discovery and exploitation of opportunities) are positively related to firm performance and that EO enhances this relationship. Copyright (C) 2003 John Wiley Sons, Ltd.