Entrepreneurial Orientation of Management Teams, SME’s Competitive Advantage and Performance: The Role of Gender Diversity

T. Huynh, D. Patton

Research output: Contribution to conferencePaper

Abstract

There has been a controversy over the relationship between entrepreneurial orientation and a firm’s performance; while some believe that this relationship is a positive, others could not find a significant result. This study examines this link and the relationships between these two concepts and competitive advantage. The empirical results from 274 SMEs in the UK show that there is no significant relationship between entrepreneurial orientation and a firm’s performance. This study also reveals a significant positive influence that the entrepreneurial orientation of management teams has on the competitive advantage of SMEs, which in turn improves the firms’ performance. The results from a fine-grained analysis based upon multigroup structural equation modelling method show that the autonomy element of entrepreneurial orientation has no influence on competitive advantage, whereas the innovativeness and proactiveness of a management team significantly positively influence an SME’s competitive advantage. The results also show that the impact of risk-taking of a management team had on an SME’s competitive advantage is significantly negative when the firm is led by a management team with majority is male, but such link is not significant in the cases of the firm is led by a management team with female majority or similar composition.
Original languageEnglish
Publication statusPublished - 20 Jul 2018
EventInternational Conference on Economics - Amsterdam, Netherlands
Duration: 24 Jul 201826 Jul 2018
Conference number: VIII
https://amsterdam2018.econworld.org/

Conference

ConferenceInternational Conference on Economics
Abbreviated titleEconWorld2018@Amsterdam
CountryNetherlands
CityAmsterdam
Period24/07/1826/07/18
Internet address

Fingerprint

Gender diversity
Competitive advantage
Entrepreneurial orientation
Team management
Small and medium-sized enterprises
Firm performance
Empirical results
Modeling method
Structural equation modeling
Risk taking
Innovativeness
Proactiveness
Autonomy

Keywords

  • Entrepreneurial Orientation
  • Competitive Advantage
  • Gender diversity

Cite this

Huynh, T., & Patton, D. (2018). Entrepreneurial Orientation of Management Teams, SME’s Competitive Advantage and Performance: The Role of Gender Diversity. Paper presented at International Conference on Economics, Amsterdam, Netherlands.

Entrepreneurial Orientation of Management Teams, SME’s Competitive Advantage and Performance: The Role of Gender Diversity. / Huynh, T.; Patton, D.

2018. Paper presented at International Conference on Economics, Amsterdam, Netherlands.

Research output: Contribution to conferencePaper

Huynh, T & Patton, D 2018, 'Entrepreneurial Orientation of Management Teams, SME’s Competitive Advantage and Performance: The Role of Gender Diversity' Paper presented at International Conference on Economics, Amsterdam, Netherlands, 24/07/18 - 26/07/18, .
Huynh T, Patton D. Entrepreneurial Orientation of Management Teams, SME’s Competitive Advantage and Performance: The Role of Gender Diversity. 2018. Paper presented at International Conference on Economics, Amsterdam, Netherlands.
Huynh, T. ; Patton, D. / Entrepreneurial Orientation of Management Teams, SME’s Competitive Advantage and Performance: The Role of Gender Diversity. Paper presented at International Conference on Economics, Amsterdam, Netherlands.
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