| Author : | Lau, V. P.; Zhang, Y. |
|---|---|
| Category : | Conference Paper |
| Department : | |
| Year / Month : | 2008 |
| Source : | The 22nd Australian and New Zealand Academy of Management Conference, Auckland, New Zealand. |
Abstract
- Drawing upon resource-based view (Barney, 1991; Chatterjee & Wernerfelt, 1991; Penrose, 1959) as an overarching theory, we developed a model and tested for the transformational process between entrepreneurial orientation and firm performance. We argued that firm performance was shaped directly by entrepreneurial orientation, and indirectly by entrepreneurial orientation through the mediation of Chatterjee & Wernerfelt's (1991) typology of resources, namely financial resource (access to capital), intangible resource (technological advancement), and physical resource (research and development). Our data comprised 638 CEOs, mostly founders, collected from various industries in China, primarily from Jiangsu (19.8%), Beijing (14.0%), Henan (13.2%), Guangdong (9.1%), and Jiangxi (5.8%). LISREL analyses supported the direct and mediating relationships, except for the link between entrepreneurial orientation and access to capital.
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