Organizational Aspirations and External Venturing: The Contingency of Entrepreneurial Orientation

被引:30
|
作者
Titus, Varkey, Jr. [1 ]
Parker, Owen [2 ]
Covin, Jeffrey [3 ]
机构
[1] Univ Nebraska, Coll Business, Lincoln, NE 68588 USA
[2] Oklahoma State Univ, Spears Sch Business, Management, Stillwater, OK 74078 USA
[3] Indiana Univ, Kelley Sch Business, Entrepreneurship, Bloomington, IN USA
关键词
entrepreneurial orientation; corporate; corporate venture capital; quantitative; behavioral theory; STRATEGIC MANAGEMENT; PERFORMANCE FEEDBACK; INTERNAL CORPORATE; REAL OPTIONS; RISK-TAKING; FIRMS; ACQUISITION; INNOVATION; RESOURCES; GROWTH;
D O I
10.1177/1042258719838473
中图分类号
F [经济];
学科分类号
02 ;
摘要
We contribute to the organizational aspirations and corporate venturing literature by theorizing and testing (a) the influence of a firm's idiosyncratic strategic posture on behavioral responses to performance attainment discrepancies, and (b) that performance feedback may influence multifaceted yet thematically related forms of search. Specifically, we examine the influence of performance feedback on equity-based external corporate venturing. We then propose that a firm's entrepreneurial orientation (EO) is a critical contingency when theorizing about how firms respond to attainment discrepancies. Our findings indicate that a firm's EO is an important contingency when considering behavioral responses to attainment discrepancies.
引用
收藏
页码:645 / 670
页数:26
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