Journal of Korean Society of Industrial and Systems Engineering (산업경영시스템학회지)

Society of Korea Industrial and System Engineering (한국산업경영시스템학회)
권호 표지
DOI QR코드

DOI QR Code

A Study on the Effects of the Entrepreneurial Orientation on Management Performance : Focused on the Manufacturer in the Small Businesses

기업가지향성이 경영성과에 미치는 영향에 관한 연구 : 중소기업 제조업체를 중심으로

  • Kim, Yong-Jun (Department of Industrial and Management Engineering, Incheon National University) ;
  • Park, Hyung-Geun (Department of Industrial Management, Shin Ansan University)
  • 김용준 (인천대학교 산업경영공학과) ;
  • 박형근 (신안산대학교 산업경영과)
  • Received : 2014.12.09
  • Accepted : 2014.12.12
  • Published : 2014.12.31
Download PDF
⟨ Previous Next ⟩

Abstract

The purpose of this study is to present that the entrepreneurial orientation affects to management performance in the small manufacturer. In order to carry out this research, we obtained 171 survey sheets and inspected seven assumptions based on the reliability, validity of the questionnaires. The results of regression analysis are summarized as follows; First, the factor of entrepreneurial orientation, innovative-ness, influences on the technical innovation performance and financial performance significantly. Second, the element of entrepreneurial orientation, proactive-ness, has an important effect on the technical innovation performance and financial performance. Finally, the requisite of entrepreneurial orientation, risk taking, affects to the technical innovation performance significantly, but not the financial performance. Based on the results, the companies that achieve the technical innovation and financial performance have an atmosphere to encourage to perform the research and development works and find out innovative ideas and improvement points in processes. However, the entrepreneur is required to take careful judgement for determining the uncertain circumstance.

Keywords

References

  1. Bateman, T.S. and Crant, J.M., The Proactive Component of Organizational Behavior : A Measure and Correlates. Journal of Organizational Behavior, 1993, Vol. 14, No. 2, p 103-118. https://doi.org/10.1002/job.4030140202
  2. Becherer. R.C. and Maurer, J.G., The Proactive Personality Disposition and Entrepreneurial Behavior among Small Company Presidents. Journal of Small Business Management, 1999, Vol. 37, No. 1, p 9-37.
  3. Burgelman, R.A., Corporate Entrepreneurship and Strategic Management : Insights from a Process Study, Management Science, 1983, Vol. 29, p 1349-1364. https://doi.org/10.1287/mnsc.29.12.1349
  4. Cornwall, J.R. and Perlman, B., Organizational Entrepreneurship, Boston-Irvin, 1990, Hornewood : IL.
  5. Covin, J.G. and Slevin, D.P., Strategic Management of Small Firms in Hostile and Benign Environments. Strategic Management Journal, 1989, Vol. 10, p 75-87. https://doi.org/10.1002/smj.4250100107
  6. Drucker, P.F., The Concept of the Corporation. Mentor Executive Library Books, 1964, New York : NY.
  7. Drucker, P.F., The practice of Management, Harper and Row Publishers, 1954, New York : NY.
  8. Hampton, G.M. and Hampton, D.L., Relationship of professionalism, rewards, market orientation and job satisfaction among medical professionals : The case of Certified Nurse-Midwives. Journal of Business Research, 2004, Vol. 57 p 1042-1053. https://doi.org/10.1016/S0148-2963(02)00356-9
  9. Hult, G.T. and Ketchen, D.J., Does market orientation matter? A test of the relationship between positional advantage and performance. Strategic Management Journal, 2001, Vol. 22, No. 9, p 899-906. https://doi.org/10.1002/smj.197
  10. Im, S. and Workman, S., The Impact of Creativity on New Product Success. Journal of Marketing, 2004, Vol. 68, No. 2, p 114-132. https://doi.org/10.1509/jmkg.68.2.114.27788
  11. Keh, H.T., Foo, M.D., and Lim, B.C., Opportunity Evaluation under Risky Conditions : The Cognitive Process of Entrepreneurs. Entrepreneurship Theory and Practice, 2002, Vol.27, p 125-148. https://doi.org/10.1111/1540-8520.00003
  12. Kickul, J. and Gundry, L.K., Prospecting for Strategic Advantage : The Proactive Entrepreneurial Personality and Small Firm Innovation. Journal of Small Business Management, 2002, Vol. 40, No. 2, p 85-97. https://doi.org/10.1111/1540-627X.00042
  13. Li, Y., Liu, Y., and Zhao, Y., The role of market and entrepreneurship orientation and internal control in the new product development activities of Chinese firms. Industrial Marketing Management, 2006, Vol. 35, No. 3, p 336-347. https://doi.org/10.1016/j.indmarman.2005.05.016
  14. Lumpkin, G.T. and Dess, G.G., Clarifying the Entrepreneurial Orientation Construct and Linking It to Performance. Academy of Management Review, 1996, Vol. 21, No. 1, p 135-172.
  15. Miller, D., The correlates of entrepreneurship in the three types of firms. Management Science, 1983, Vol. 29, p 770-791. https://doi.org/10.1287/mnsc.29.7.770
  16. Miller, D. and Frisen, P.H., Innovation in conservative and Entrepreneurial Firms P.H. : Two Models of Strategic Momentum. Strategic Management Journal, 1982, Vol. 3, No. 1, p 1-25. https://doi.org/10.1002/smj.4250030102
  17. Mintzberg, H., Strategy-making in three modes, California Management Review, 1973, Vol. 16, p 44-53. https://doi.org/10.2307/41164491
  18. Morris, M.H. and Paul, G.W., The Relationship Between Entrepreneurship and Marketing in Established Firms. Journal of Business Venturing, 1987, Vol. 2, p 247-259. https://doi.org/10.1016/0883-9026(87)90012-7
  19. Rogers, E.M. and Shoemaker, F., Communication of Innovation, Free Press, 1971, New York : NY.
  20. Sexton, D.L. and Bowman, N., The Entrepreneur : A Capable Executive and More. Journal of Business Venturing, 1985, Vol. 1, No. 1, p 129-140. https://doi.org/10.1016/0883-9026(85)90012-6
  21. Venkatraman, N., Strategic orientation of business enterprises : The construct, dimensionality, and measurement. Management Science, 1989, Vol. 35, p 942-962. https://doi.org/10.1287/mnsc.35.8.942
  22. Yeo, H.U. and Jung, Y.B., A Study on the Effects of the Market Orientation on Enterprise Management Performance : Focused on the Manufacturer in the small Businesses. Society of Korea Industrial and Systems Engineering, 2014, Vol. 37, No. 3, p 1-7.