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Issue 1, 2014

Shirokova G. V., Bogatyreva K. A. Interrelationship of Entrepreneurial Orientation and Firm Performance: Evidence from Study of Russian SMEs

The article presents results of the study on the relationship between entrepreneurial orientation and performance of SMEs in the context of an emerging market. The empirical analysis of 305 Russian SMEs has revealed a positive effect of entrepreneurial orientation on firm performance in the long term. We also have found that this effect is primarily driven by risk taking. We also have studied the moderating effect of the environmental dynamism on the relationship between entrepreneurial orientation and firm performance. However, the presence of such effect has not been confirmed in the case of Russian SMEs. Keywords: entrepreneurial orientation, firm performance, small and medium enterprises.

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Released: Issue 4, 2023
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