Antecedents of innovation and growth: Analysing the impact of entrepreneurial orientation and goal-oriented management
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung
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in: International Journal of Technology Management, Jahrgang 52, Nr. 1/2, 10.2010, S. 135-152.
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung
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TY - JOUR
T1 - Antecedents of innovation and growth
T2 - Analysing the impact of entrepreneurial orientation and goal-oriented management
AU - Harms, Rainer
AU - Reschke, Carl Henning
AU - Kraus, Sascha
AU - Fink, Matthias
PY - 2010/10
Y1 - 2010/10
N2 - For technology-oriented SME, innovation and growth are important aspects of firm performance. A strategic orientation that emphasises entrepreneurial behaviour (entrepreneurial orientation, EO) may be an effective way to obtain these goals. However, there is little information on the internal organisational processes that link EO to innovation and growth. In this study, the performance implications of goal-oriented management techniques (GoM) such as management by objectives (MbO) on innovation and growth in the context of EO are analysed on a sample of 165 fast growth technology-based ventures from Germany. The results show that EO has a positive impact on innovation and growth, with innovation being a partial mediator. In addition to that, EO seems to be negatively related to the degree to which GoM is used, while GoM itself has a negative relationship with innovation.
AB - For technology-oriented SME, innovation and growth are important aspects of firm performance. A strategic orientation that emphasises entrepreneurial behaviour (entrepreneurial orientation, EO) may be an effective way to obtain these goals. However, there is little information on the internal organisational processes that link EO to innovation and growth. In this study, the performance implications of goal-oriented management techniques (GoM) such as management by objectives (MbO) on innovation and growth in the context of EO are analysed on a sample of 165 fast growth technology-based ventures from Germany. The results show that EO has a positive impact on innovation and growth, with innovation being a partial mediator. In addition to that, EO seems to be negatively related to the degree to which GoM is used, while GoM itself has a negative relationship with innovation.
KW - Management studies
KW - Entrepreneurship
KW - Goal-oriented management
KW - GoM
KW - Growth
KW - Innovation
KW - Management by objectives
KW - MbO
KW - SME
UR - http://www.scopus.com/inward/record.url?scp=77957784475&partnerID=8YFLogxK
U2 - 10.1504/IJTM.2010.035859
DO - 10.1504/IJTM.2010.035859
M3 - Journal articles
VL - 52
SP - 135
EP - 152
JO - International Journal of Technology Management
JF - International Journal of Technology Management
SN - 0267-5730
IS - 1/2
ER -