The Simultaneous Influence of National Culture and Market Turbulence on Entrepreneurial Orientation: A Nine-country Study

Andreas Engelen, Susanne Schmidt and Michael Buchsteiner

Journal of International Management, 2015, vol. 21, issue 1, 18-30

Abstract: Building on research that has shown that a firm's entrepreneurial orientation (EO) depends on environmental factors, we argue that EO is a firm's reaction to its institutional environment and use the dimensions of individualism and uncertainty avoidance to investigate the single and combined effects on EO of market turbulence and national culture. We test our hypotheses by generating survey data from top management team members across a broad nine-country sample, which support our hypotheses regarding the direct effect of environmental turbulence and national culture on EO. We also find that the interplay of turbulent markets with individualistic cultures increases EO, while the interaction of market turbulence and uncertainty avoidance does not.

Keywords: Entrepreneurial orientation; National culture; Market turbulence; Institutional antecedents (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:intman:v:21:y:2015:i:1:p:18-30

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DOI: 10.1016/j.intman.2014.12.002

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