This study examines the relationship of the psychological construct Entrepreneurial Orientation (EO) with business success in a sample of N=248 Southern African business owners. We reintroduce the individual in EO research and show the importance of the person of the entrepreneur for business performance: Hierarchical regression analyses revealed significant relationships between EO components (personal initiative, achievement-, and risk- taking orientation) as well as overall EO and business performance. In addition, confirmatory factor analysis supported a single factor construct of EO that consists of learning-, achievement-, and autonomy orientation, competitive aggressiveness, innovative- and risk- taking orientation, and of personal initiative.
Mendeley saves you time finding and organizing research
Choose a citation style from the tabs below