Explaining SME performance with fsQCA: The role of entrepreneurial orientation, entrepreneur motivation, and opportunity perception

Entrepreneurs, opportunities, and entrepreneurial behaviors play an important role within the theory of entrepreneurship. However, we have limited knowledge about possible associations among these factors. Therefore, this study investigates these interactions. The study aims to identify the combinat...

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Autores principales:	Rafał Kusa, Joanna Duda, Marcin Suder
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	L22 L25 L26 M21 History of scholarship and learning. The humanities AZ20-999 Social sciences (General) H1-99
Acceso en línea:	https://doaj.org/article/d9dacced83fe43c59ccc5e40eb4db87e
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spelling	oai:doaj.org-article:d9dacced83fe43c59ccc5e40eb4db87e2021-11-28T04:34:58ZExplaining SME performance with fsQCA: The role of entrepreneurial orientation, entrepreneur motivation, and opportunity perception2444-569X10.1016/j.jik.2021.06.001https://doaj.org/article/d9dacced83fe43c59ccc5e40eb4db87e2021-10-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2444569X21000305https://doaj.org/toc/2444-569XEntrepreneurs, opportunities, and entrepreneurial behaviors play an important role within the theory of entrepreneurship. However, we have limited knowledge about possible associations among these factors. Therefore, this study investigates these interactions. The study aims to identify the combinations of entrepreneurship dimensions, entrepreneur motivation, and opportunity perception that lead to an increase in a firm's performance. This study focuses on the small and medium-sized enterprise (SME) sector, wherein the entrepreneurial spirit is dominant. It is based on a sample of 61 SMEs operating in the Lesser Poland region of Poland. The factor's combinations are identified with a fuzzy-set qualitative comparative analysis (fsQCA). The analysis reveals previously unknown combinations of the investigated factors leading to performance in SMEs, with varying roles depending on accompanying factors. Specifically, this study reveals the following combinations that lead to a firm's performance: opportunity openness with proactiveness, heterogeneity of motivation with innovativeness, and risk-taking with proactiveness. These observations highlight the role of combining various conditions to improve performance. This study's findings contribute to the entrepreneurship and SME literature by explaining the role of different combinations of factors in determining a firm's performance (including the motivations and opportunity perception of the entrepreneur). It also provides meaningful implications for entrepreneurs and managers, indicating combinations of factors that lead to an increase in firm performance, the role of the diversification of opportunities, and the importance of motivation differentiation.Rafał KusaJoanna DudaMarcin SuderElsevierarticleL22L25L26M21History of scholarship and learning. The humanitiesAZ20-999Social sciences (General)H1-99ENJournal of Innovation & Knowledge, Vol 6, Iss 4, Pp 234-245 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	L22 L25 L26 M21 History of scholarship and learning. The humanities AZ20-999 Social sciences (General) H1-99
spellingShingle	L22 L25 L26 M21 History of scholarship and learning. The humanities AZ20-999 Social sciences (General) H1-99 Rafał Kusa Joanna Duda Marcin Suder Explaining SME performance with fsQCA: The role of entrepreneurial orientation, entrepreneur motivation, and opportunity perception
description	Entrepreneurs, opportunities, and entrepreneurial behaviors play an important role within the theory of entrepreneurship. However, we have limited knowledge about possible associations among these factors. Therefore, this study investigates these interactions. The study aims to identify the combinations of entrepreneurship dimensions, entrepreneur motivation, and opportunity perception that lead to an increase in a firm's performance. This study focuses on the small and medium-sized enterprise (SME) sector, wherein the entrepreneurial spirit is dominant. It is based on a sample of 61 SMEs operating in the Lesser Poland region of Poland. The factor's combinations are identified with a fuzzy-set qualitative comparative analysis (fsQCA). The analysis reveals previously unknown combinations of the investigated factors leading to performance in SMEs, with varying roles depending on accompanying factors. Specifically, this study reveals the following combinations that lead to a firm's performance: opportunity openness with proactiveness, heterogeneity of motivation with innovativeness, and risk-taking with proactiveness. These observations highlight the role of combining various conditions to improve performance. This study's findings contribute to the entrepreneurship and SME literature by explaining the role of different combinations of factors in determining a firm's performance (including the motivations and opportunity perception of the entrepreneur). It also provides meaningful implications for entrepreneurs and managers, indicating combinations of factors that lead to an increase in firm performance, the role of the diversification of opportunities, and the importance of motivation differentiation.
format	article
author	Rafał Kusa Joanna Duda Marcin Suder
author_facet	Rafał Kusa Joanna Duda Marcin Suder
author_sort	Rafał Kusa
title	Explaining SME performance with fsQCA: The role of entrepreneurial orientation, entrepreneur motivation, and opportunity perception
title_short	Explaining SME performance with fsQCA: The role of entrepreneurial orientation, entrepreneur motivation, and opportunity perception
title_full	Explaining SME performance with fsQCA: The role of entrepreneurial orientation, entrepreneur motivation, and opportunity perception
title_fullStr	Explaining SME performance with fsQCA: The role of entrepreneurial orientation, entrepreneur motivation, and opportunity perception
title_full_unstemmed	Explaining SME performance with fsQCA: The role of entrepreneurial orientation, entrepreneur motivation, and opportunity perception
title_sort	explaining sme performance with fsqca: the role of entrepreneurial orientation, entrepreneur motivation, and opportunity perception
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/d9dacced83fe43c59ccc5e40eb4db87e
work_keys_str_mv	AT rafałkusa explainingsmeperformancewithfsqcatheroleofentrepreneurialorientationentrepreneurmotivationandopportunityperception AT joannaduda explainingsmeperformancewithfsqcatheroleofentrepreneurialorientationentrepreneurmotivationandopportunityperception AT marcinsuder explainingsmeperformancewithfsqcatheroleofentrepreneurialorientationentrepreneurmotivationandopportunityperception
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Explaining SME performance with fsQCA: The role of entrepreneurial orientation, entrepreneur motivation, and opportunity perception

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