info:eu-repo/semantics/article
Orientación emprendedora, hostilidad del entorno y la rentabilidad de la Pyme: Una propuesta de contingencias
Fecha
2013-01-01Registro en:
1988-2157
11316837
SCOPUS;2-s2.0-84881508544
10.5295/cdg.110297iz
Autor
Martins, I.
Rialp, A.
Institución
Resumen
This study investigates the effect of the entrepreneurial orientation (EO) on SME financial performance. The essay also proposes a contingency model to explore the moderating effects of environmental hostility on the relationship between EO and profitability. The study was conducted using a sample of 121 manufacturing SMEs in Spain. Results confirm the positive influence of EO on a firm's profitability. More importantly, the impact of EO on SME profitability is higher when there is a fit between EO and the external environment.