The evidence about how entrepreneurial orientation (EO) affects firms' performance remains inconclusive. This study joins the research by incorporating organizational learning (OL) as a micro-macro link and by ex...The evidence about how entrepreneurial orientation (EO) affects firms' performance remains inconclusive. This study joins the research by incorporating organizational learning (OL) as a micro-macro link and by extending empirical work to the largely underexplored context of Chinese high-tech industries. Results from a survey of 252 Chinese high-tech firms demonstrate: (1) entrepreneurial orientation is positively related to firm performance; (2) organizational learning is also positively related to firm performance; (3) organizational learning partly mediates the positive impact of entrepreneurial orientation on firm performance; and (4) high-tech companies in the start-up and growth stage are likely to demonstrate stronger linkages in the EO-OL-performance relationship than in mature stage, which shows that the EO-OL-performance relationship is moderated by firms' life cycle.展开更多
基金Acknowledgements This work is supported by the National Natural Science Foundation of China (No. 71172078) and the Key Program of National Natural Science Foundation of China (No. 71232009).
文摘The evidence about how entrepreneurial orientation (EO) affects firms' performance remains inconclusive. This study joins the research by incorporating organizational learning (OL) as a micro-macro link and by extending empirical work to the largely underexplored context of Chinese high-tech industries. Results from a survey of 252 Chinese high-tech firms demonstrate: (1) entrepreneurial orientation is positively related to firm performance; (2) organizational learning is also positively related to firm performance; (3) organizational learning partly mediates the positive impact of entrepreneurial orientation on firm performance; and (4) high-tech companies in the start-up and growth stage are likely to demonstrate stronger linkages in the EO-OL-performance relationship than in mature stage, which shows that the EO-OL-performance relationship is moderated by firms' life cycle.