Revisiting Covin and Slevin (1989): Replication and extension of the relationship between entrepreneurial orientation and firm performance
- Title
- Revisiting Covin and Slevin (1989): Replication and extension of the relationship between entrepreneurial orientation and firm performance
- Author
- 배태준
- Keywords
- Entrepreneurial orientation; Performance; Environmental hostility; Replication; Objective measurement
- Issue Date
- 2019-11
- Publisher
- Elsevier Inc.
- Citation
- Journal of Business Venturing Insights, v. 12, article no. e00144
- Abstract
- We replicate and extend the seminal paper of Covin and Slevin (1989) on entrepreneurial orientation (EO) by conducting two studies. Specifically, we examine the impact of a firm's EO on financial performance under hostile environments using various measurements. Study 1 is a direct replication of Covin and Slevin (1989) in which we utilize data collected from firms in the USA, which adopted the same survey measures of Covin and Slevin (1989). Study 2 is a generalization and extension of Covin and Slevin (1989) in which we implement newly developed objective EO measurement by Miller and Le Breton-Miller (2011) and utilize objective financial data of Chinese public firms. The results of both studies provide evidence that a firm's EO positively impacts firm performance, especially in hostile environments. Further theoretical implications and contributions based on diverse types of replication studies are discussed.
- URI
- https://www.sciencedirect.com/science/article/pii/S2352673418301033?via%3Dihubhttps://repository.hanyang.ac.kr/handle/20.500.11754/154547
- ISSN
- 2352-6734
- DOI
- 10.1016/j.jbvi.2019.e00144
- Appears in Collections:
- ETC[S] > 연구정보
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