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How much Entrepreneurial Orientation (EO) is needed for Long-term Success?

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Kurzfassung According to the STEP research framework, entrepreneurial orientation
(EO) is one key element of transgenerational value creation. EO refers to key
entrepreneurial processes in a company, i.e. to the methods, practices and
decision-making styles managers use to act entrepreneurially. 3 EO consists of
five main dimensions and several sub dimensions.
However, there is a puzzle. Many studies suggest that the higher EO, the
more successful a company is. But this seems not always to be true. Just
think of many of the dot.com firms at the end of the 1990s. Firm members
could act very autonomously, the companies were very innovative, took high
risks, were very proactive and very aggressive in the market. However, most of
them were not able to survive for more than a few years. So how entrepreneurial has a firm to be in order to achieve long-term success?
   
Typ Buchkapitel (Deutsch)
   
Schlagwörter (Tags)
   
Projekt Strategic Entrepreneurship in Family Firms
Buchtitel The Global STEP Booklet
Erscheinungsdatum 2011
Verlag The Global STEP Project
Seite(n) 8-11
Zitation Zellweger, Thomas ; Sieger, Philipp: How much Entrepreneurial Orientation (EO) is needed for Long-term Success?. In: The Global STEP Booklet : The Global STEP Project, 2011, S. 8-11.