Entrepreneurial Orientation In The Emerging Russian Regulatory Context: The Criticality Of Interpersonal Relationships
Keywords
Emerging markets; Entrepreneurial orientation; Psychometric measurement; Regulatory environment; Russia; Strategic posture
Abstract
The present research examines the understudied impact of the regulatory environment on the manifestation of Entrepreneurial Orientation (EO) among firms within an emerging market context. Results from an exploratory sample of 432 Russian Small and Medium-Sized Enterprises (SMEs) suggest that key aspects of the regulatory environment may deserve further attention in future research. Controlling for the level of compliance by a given Russian SME, the perceived protection of private property rights was observed to have a marginally significant direct positive effect, whereas the perceived strength of contract law is shown to exhibit a marginal negative relationship with EO among Russian SMEs. In terms of operating within this emerging regulatory context, the perceived availability of governmental contracts had a marginal positive effect on EO. Finally, stressing the importance of 'who you know is more important than what you know', relationships with government officials had a very strong positive effect on EO.
Publication Date
1-1-2016
Publication Title
European Journal of International Management
Volume
10
Issue
3
Number of Pages
359-382
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1504/EJIM.2016.076256
Copyright Status
Unknown
Socpus ID
84969662875 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/84969662875
STARS Citation
Wales, William J.; Shirokova, Galina; Sokolova, Liubov; and Stein, Christopher, "Entrepreneurial Orientation In The Emerging Russian Regulatory Context: The Criticality Of Interpersonal Relationships" (2016). Scopus Export 2015-2019. 3160.
https://stars.library.ucf.edu/scopus2015/3160