Mediating or moderating? Innovative approach to the role of flexibility in the relationship between entrepreneurial orientation and firm growth under different market conditions

IF 15.6 1区 管理学 Q1 BUSINESS
Marcin Suder , Rafał Kusa , Joanna Duda , Małgorzata Okręglicka
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引用次数: 0

Abstract

This study aims to identify the roles played by firm flexibility (FLEX) in the relationship between entrepreneurial orientation (EO) and firm growth (FG) under different market conditions. In particular, it tests the mediating and moderating roles of FLEX, along with the moderating role of market conditions regarding FLEX. This is a longitudinal study that examines entrepreneurial behaviors during the pandemic crisis and afterwards. The sample represents small companies operating in the printing industry in Poland (150 surveyed during the crisis, and 145 afterward). The study uses structural equitation modeling. The results confirm the positive impact of EO on FG and show the positive impact of EO on FLEX regardless of market conditions. The role of FLEX varies along with changes in market conditions. Specifically, FLEX impacts FG and mediates the EO→FG relationship in a stable market, whereas it does not impact FG nor mediate the EO→FG relationship in a hostile market. Concurrently, FLEX moderates the EO→FG relationship in a hostile environment yet does not in a stable market. The significance of the differences in the strengths of the considered effects (moderation or mediation during the individual periods) are confirmed with a statistical test. This observation unveils that market conditions moderate the role of FLEX regarding the EO→FG relationship. With its findings, this study contributes to the literature on entrepreneurship and small and medium enterprises as well as FG.
调解还是缓和?不同市场条件下柔性在创业导向与企业成长关系中的作用的创新方法
本研究旨在探讨不同市场条件下企业柔性在企业创业导向与企业成长之间的关系中所扮演的角色。特别地,它检验了FLEX的中介和调节作用,以及市场条件对FLEX的调节作用。这是一项纵向研究,考察了大流行危机期间和之后的创业行为。样本代表了波兰从事印刷业的小公司(危机期间调查了150家,危机后调查了145家)。本研究采用结构方程模型。结果证实了EO对FG的积极影响,并显示了EO对FLEX的积极影响,无论市场状况如何。FLEX的作用随着市场条件的变化而变化。具体而言,在稳定的市场中,FLEX会影响FG并调节EO→FG关系,而在敌对的市场中,FLEX不会影响FG,也不会调节EO→FG关系。同时,FLEX在敌对环境中调节EO→FG关系,而在稳定的市场中则没有。所考虑的影响(个别时期的适度或中介)的强度差异的显著性通过统计检验得到证实。这一观察揭示了市场条件调节FLEX在EO→FG关系中的作用。凭借其研究结果,本研究对企业家精神和中小企业以及FG的文献做出了贡献。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
16.10
自引率
12.70%
发文量
118
审稿时长
37 days
期刊介绍: The Journal of Innovation and Knowledge (JIK) explores how innovation drives knowledge creation and vice versa, emphasizing that not all innovation leads to knowledge, but enduring innovation across diverse fields fosters theory and knowledge. JIK invites papers on innovations enhancing or generating knowledge, covering innovation processes, structures, outcomes, and behaviors at various levels. Articles in JIK examine knowledge-related changes promoting innovation for societal best practices. JIK serves as a platform for high-quality studies undergoing double-blind peer review, ensuring global dissemination to scholars, practitioners, and policymakers who recognize innovation and knowledge as economic drivers. It publishes theoretical articles, empirical studies, case studies, reviews, and other content, addressing current trends and emerging topics in innovation and knowledge. The journal welcomes suggestions for special issues and encourages articles to showcase contextual differences and lessons for a broad audience. In essence, JIK is an interdisciplinary journal dedicated to advancing theoretical and practical innovations and knowledge across multiple fields, including Economics, Business and Management, Engineering, Science, and Education.
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