Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation

In the current business context, entrepreneurial orientation (EO) has been highlighted as key to improving firm performance. Despite the overall positive evidence on the association between EO and firm performance, scholars have stressed the importance of taking into account and properly managing in...
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Autor*in:	Ferreras-Méndez, José Luis [verfasserIn] Olmos-Peñuela, Julia [verfasserIn] Salas-Vallina, Andrés [verfasserIn] Alegre, Joaquín [verfasserIn]

Format:	E-Artikel
Sprache:	Englisch

Erschienen:	2021

Schlagwörter:	Innovationsmanagement / Technischer Fortschritt / Entrepreneurship / Welt
Schlagwörter:	Business model innovation NPD performance Entrepreneurial orientation

Übergeordnetes Werk:	Enthalten in: Technovation - Amsterdam [u.a.] : Elsevier Science, 1981, 108
Übergeordnetes Werk:	volume:108

DOI / URN:	10.1016/j.technovation.2021.102325

Katalog-ID:	ELV006777716

Internformat


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520			\|a In the current business context, entrepreneurial orientation (EO) has been highlighted as key to improving firm performance. Despite the overall positive evidence on the association between EO and firm performance, scholars have stressed the importance of taking into account and properly managing intermediate capabilities. The present study analyses the link between EO and New Product Development (NPD) performance, considering Business Model Innovation (BMI) as a mediating variable. A sample of 400 Spanish SMEs is used to test the proposed research model through structural equation modelling and partial least squares analyses. Results reveal that EO contributes to BMI and NPD performance. Moreover, BMI is found to have a partial mediating role between EO and NPD performance. This study makes a novel contribution to the EO and BMI literatures as it finds evidence that business model innovation is an effective way to funnel the firm's entrepreneurial orientation into its innovation processes and to increase the success of new product development. Some suggestions for managers and future lines of research are proposed.
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Indexfelder

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matchkey_str	ferrerasmndezjosluisolmospeuelajuliasala:2021----:nrpeeraoinainnnwrdcdvlpetefraciseteeitnr
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allfields	10.1016/j.technovation.2021.102325 doi (DE-627)ELV006777716 (ELSEVIER)S0166-4972(21)00106-1 DE-627 ger DE-627 rda eng 85.15 bkl Ferreras-Méndez, José Luis verfasserin aut Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation 2021 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier In the current business context, entrepreneurial orientation (EO) has been highlighted as key to improving firm performance. Despite the overall positive evidence on the association between EO and firm performance, scholars have stressed the importance of taking into account and properly managing intermediate capabilities. The present study analyses the link between EO and New Product Development (NPD) performance, considering Business Model Innovation (BMI) as a mediating variable. A sample of 400 Spanish SMEs is used to test the proposed research model through structural equation modelling and partial least squares analyses. Results reveal that EO contributes to BMI and NPD performance. Moreover, BMI is found to have a partial mediating role between EO and NPD performance. This study makes a novel contribution to the EO and BMI literatures as it finds evidence that business model innovation is an effective way to funnel the firm's entrepreneurial orientation into its innovation processes and to increase the success of new product development. Some suggestions for managers and future lines of research are proposed. 1.1\x Innovationsmanagement (DE-2867)19548-6 stw 1.2\x Technischer Fortschritt (DE-2867)10466-4 stw 1.3\x Entrepreneurship (DE-2867)27358-1 stw 1.4\x Welt (DE-2867)16809-5 stw Business model innovation NPD performance Entrepreneurial orientation Olmos-Peñuela, Julia verfasserin aut Salas-Vallina, Andrés verfasserin aut Alegre, Joaquín verfasserin aut Enthalten in Technovation Amsterdam [u.a.] : Elsevier Science, 1981 108 Online-Ressource (DE-627)320609235 (DE-600)2021147-8 (DE-576)259485233 nnns volume:108 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2038 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2336 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 85.15 Forschung und Entwicklung Betriebswirtschaft ECS-04001 SKW AR 108
spelling	10.1016/j.technovation.2021.102325 doi (DE-627)ELV006777716 (ELSEVIER)S0166-4972(21)00106-1 DE-627 ger DE-627 rda eng 85.15 bkl Ferreras-Méndez, José Luis verfasserin aut Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation 2021 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier In the current business context, entrepreneurial orientation (EO) has been highlighted as key to improving firm performance. Despite the overall positive evidence on the association between EO and firm performance, scholars have stressed the importance of taking into account and properly managing intermediate capabilities. The present study analyses the link between EO and New Product Development (NPD) performance, considering Business Model Innovation (BMI) as a mediating variable. A sample of 400 Spanish SMEs is used to test the proposed research model through structural equation modelling and partial least squares analyses. Results reveal that EO contributes to BMI and NPD performance. Moreover, BMI is found to have a partial mediating role between EO and NPD performance. This study makes a novel contribution to the EO and BMI literatures as it finds evidence that business model innovation is an effective way to funnel the firm's entrepreneurial orientation into its innovation processes and to increase the success of new product development. Some suggestions for managers and future lines of research are proposed. 1.1\x Innovationsmanagement (DE-2867)19548-6 stw 1.2\x Technischer Fortschritt (DE-2867)10466-4 stw 1.3\x Entrepreneurship (DE-2867)27358-1 stw 1.4\x Welt (DE-2867)16809-5 stw Business model innovation NPD performance Entrepreneurial orientation Olmos-Peñuela, Julia verfasserin aut Salas-Vallina, Andrés verfasserin aut Alegre, Joaquín verfasserin aut Enthalten in Technovation Amsterdam [u.a.] : Elsevier Science, 1981 108 Online-Ressource (DE-627)320609235 (DE-600)2021147-8 (DE-576)259485233 nnns volume:108 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2038 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2336 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 85.15 Forschung und Entwicklung Betriebswirtschaft ECS-04001 SKW AR 108
allfields_unstemmed	10.1016/j.technovation.2021.102325 doi (DE-627)ELV006777716 (ELSEVIER)S0166-4972(21)00106-1 DE-627 ger DE-627 rda eng 85.15 bkl Ferreras-Méndez, José Luis verfasserin aut Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation 2021 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier In the current business context, entrepreneurial orientation (EO) has been highlighted as key to improving firm performance. Despite the overall positive evidence on the association between EO and firm performance, scholars have stressed the importance of taking into account and properly managing intermediate capabilities. The present study analyses the link between EO and New Product Development (NPD) performance, considering Business Model Innovation (BMI) as a mediating variable. A sample of 400 Spanish SMEs is used to test the proposed research model through structural equation modelling and partial least squares analyses. Results reveal that EO contributes to BMI and NPD performance. Moreover, BMI is found to have a partial mediating role between EO and NPD performance. This study makes a novel contribution to the EO and BMI literatures as it finds evidence that business model innovation is an effective way to funnel the firm's entrepreneurial orientation into its innovation processes and to increase the success of new product development. Some suggestions for managers and future lines of research are proposed. 1.1\x Innovationsmanagement (DE-2867)19548-6 stw 1.2\x Technischer Fortschritt (DE-2867)10466-4 stw 1.3\x Entrepreneurship (DE-2867)27358-1 stw 1.4\x Welt (DE-2867)16809-5 stw Business model innovation NPD performance Entrepreneurial orientation Olmos-Peñuela, Julia verfasserin aut Salas-Vallina, Andrés verfasserin aut Alegre, Joaquín verfasserin aut Enthalten in Technovation Amsterdam [u.a.] : Elsevier Science, 1981 108 Online-Ressource (DE-627)320609235 (DE-600)2021147-8 (DE-576)259485233 nnns volume:108 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2038 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2336 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 85.15 Forschung und Entwicklung Betriebswirtschaft ECS-04001 SKW AR 108
allfieldsGer	10.1016/j.technovation.2021.102325 doi (DE-627)ELV006777716 (ELSEVIER)S0166-4972(21)00106-1 DE-627 ger DE-627 rda eng 85.15 bkl Ferreras-Méndez, José Luis verfasserin aut Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation 2021 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier In the current business context, entrepreneurial orientation (EO) has been highlighted as key to improving firm performance. Despite the overall positive evidence on the association between EO and firm performance, scholars have stressed the importance of taking into account and properly managing intermediate capabilities. The present study analyses the link between EO and New Product Development (NPD) performance, considering Business Model Innovation (BMI) as a mediating variable. A sample of 400 Spanish SMEs is used to test the proposed research model through structural equation modelling and partial least squares analyses. Results reveal that EO contributes to BMI and NPD performance. Moreover, BMI is found to have a partial mediating role between EO and NPD performance. This study makes a novel contribution to the EO and BMI literatures as it finds evidence that business model innovation is an effective way to funnel the firm's entrepreneurial orientation into its innovation processes and to increase the success of new product development. Some suggestions for managers and future lines of research are proposed. 1.1\x Innovationsmanagement (DE-2867)19548-6 stw 1.2\x Technischer Fortschritt (DE-2867)10466-4 stw 1.3\x Entrepreneurship (DE-2867)27358-1 stw 1.4\x Welt (DE-2867)16809-5 stw Business model innovation NPD performance Entrepreneurial orientation Olmos-Peñuela, Julia verfasserin aut Salas-Vallina, Andrés verfasserin aut Alegre, Joaquín verfasserin aut Enthalten in Technovation Amsterdam [u.a.] : Elsevier Science, 1981 108 Online-Ressource (DE-627)320609235 (DE-600)2021147-8 (DE-576)259485233 nnns volume:108 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2038 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2336 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 85.15 Forschung und Entwicklung Betriebswirtschaft ECS-04001 SKW AR 108
allfieldsSound	10.1016/j.technovation.2021.102325 doi (DE-627)ELV006777716 (ELSEVIER)S0166-4972(21)00106-1 DE-627 ger DE-627 rda eng 85.15 bkl Ferreras-Méndez, José Luis verfasserin aut Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation 2021 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier In the current business context, entrepreneurial orientation (EO) has been highlighted as key to improving firm performance. Despite the overall positive evidence on the association between EO and firm performance, scholars have stressed the importance of taking into account and properly managing intermediate capabilities. The present study analyses the link between EO and New Product Development (NPD) performance, considering Business Model Innovation (BMI) as a mediating variable. A sample of 400 Spanish SMEs is used to test the proposed research model through structural equation modelling and partial least squares analyses. Results reveal that EO contributes to BMI and NPD performance. Moreover, BMI is found to have a partial mediating role between EO and NPD performance. This study makes a novel contribution to the EO and BMI literatures as it finds evidence that business model innovation is an effective way to funnel the firm's entrepreneurial orientation into its innovation processes and to increase the success of new product development. Some suggestions for managers and future lines of research are proposed. 1.1\x Innovationsmanagement (DE-2867)19548-6 stw 1.2\x Technischer Fortschritt (DE-2867)10466-4 stw 1.3\x Entrepreneurship (DE-2867)27358-1 stw 1.4\x Welt (DE-2867)16809-5 stw Business model innovation NPD performance Entrepreneurial orientation Olmos-Peñuela, Julia verfasserin aut Salas-Vallina, Andrés verfasserin aut Alegre, Joaquín verfasserin aut Enthalten in Technovation Amsterdam [u.a.] : Elsevier Science, 1981 108 Online-Ressource (DE-627)320609235 (DE-600)2021147-8 (DE-576)259485233 nnns volume:108 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2038 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2336 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 85.15 Forschung und Entwicklung Betriebswirtschaft ECS-04001 SKW AR 108
language	English
source	Enthalten in Technovation 108 volume:108
sourceStr	Enthalten in Technovation 108 volume:108
format_phy_str_mv	Article
bklname	Forschung und Entwicklung
institution	findex.gbv.de
topic_facet	Innovationsmanagement Technischer Fortschritt Entrepreneurship Welt Business model innovation NPD performance Entrepreneurial orientation
isfreeaccess_bool	false
container_title	Technovation
authorswithroles_txt_mv	Ferreras-Méndez, José Luis @@aut@@ Olmos-Peñuela, Julia @@aut@@ Salas-Vallina, Andrés @@aut@@ Alegre, Joaquín @@aut@@
publishDateDaySort_date	2021-01-01T00:00:00Z
hierarchy_top_id	320609235
id	ELV006777716
language_de	englisch
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author	Ferreras-Méndez, José Luis
spellingShingle	Ferreras-Méndez, José Luis bkl 85.15 stw Innovationsmanagement stw Technischer Fortschritt stw Entrepreneurship stw Welt misc Business model innovation misc NPD performance misc Entrepreneurial orientation Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation
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topic_title	85.15 bkl Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation 1.1\x Innovationsmanagement (DE-2867)19548-6 stw 1.2\x Technischer Fortschritt (DE-2867)10466-4 stw 1.3\x Entrepreneurship (DE-2867)27358-1 stw 1.4\x Welt (DE-2867)16809-5 stw Business model innovation NPD performance Entrepreneurial orientation
topic	bkl 85.15 stw Innovationsmanagement stw Technischer Fortschritt stw Entrepreneurship stw Welt misc Business model innovation misc NPD performance misc Entrepreneurial orientation
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title	Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation
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title_full	Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation
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title_sort	entrepreneurial orientation and new product development performance in smes: the mediating role of business model innovation
title_auth	Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation
abstract	In the current business context, entrepreneurial orientation (EO) has been highlighted as key to improving firm performance. Despite the overall positive evidence on the association between EO and firm performance, scholars have stressed the importance of taking into account and properly managing intermediate capabilities. The present study analyses the link between EO and New Product Development (NPD) performance, considering Business Model Innovation (BMI) as a mediating variable. A sample of 400 Spanish SMEs is used to test the proposed research model through structural equation modelling and partial least squares analyses. Results reveal that EO contributes to BMI and NPD performance. Moreover, BMI is found to have a partial mediating role between EO and NPD performance. This study makes a novel contribution to the EO and BMI literatures as it finds evidence that business model innovation is an effective way to funnel the firm's entrepreneurial orientation into its innovation processes and to increase the success of new product development. Some suggestions for managers and future lines of research are proposed.
abstractGer	In the current business context, entrepreneurial orientation (EO) has been highlighted as key to improving firm performance. Despite the overall positive evidence on the association between EO and firm performance, scholars have stressed the importance of taking into account and properly managing intermediate capabilities. The present study analyses the link between EO and New Product Development (NPD) performance, considering Business Model Innovation (BMI) as a mediating variable. A sample of 400 Spanish SMEs is used to test the proposed research model through structural equation modelling and partial least squares analyses. Results reveal that EO contributes to BMI and NPD performance. Moreover, BMI is found to have a partial mediating role between EO and NPD performance. This study makes a novel contribution to the EO and BMI literatures as it finds evidence that business model innovation is an effective way to funnel the firm's entrepreneurial orientation into its innovation processes and to increase the success of new product development. Some suggestions for managers and future lines of research are proposed.
abstract_unstemmed	In the current business context, entrepreneurial orientation (EO) has been highlighted as key to improving firm performance. Despite the overall positive evidence on the association between EO and firm performance, scholars have stressed the importance of taking into account and properly managing intermediate capabilities. The present study analyses the link between EO and New Product Development (NPD) performance, considering Business Model Innovation (BMI) as a mediating variable. A sample of 400 Spanish SMEs is used to test the proposed research model through structural equation modelling and partial least squares analyses. Results reveal that EO contributes to BMI and NPD performance. Moreover, BMI is found to have a partial mediating role between EO and NPD performance. This study makes a novel contribution to the EO and BMI literatures as it finds evidence that business model innovation is an effective way to funnel the firm's entrepreneurial orientation into its innovation processes and to increase the success of new product development. Some suggestions for managers and future lines of research are proposed.
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title_short	Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation
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author2	Olmos-Peñuela, Julia Salas-Vallina, Andrés Alegre, Joaquín
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up_date	2024-07-06T22:31:44.183Z
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Entrepreneurial orientation and new product development performance in SMEs: The mediating role of business model innovation

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