Entrepreneurial Versus Conservative Firms: A Comparison of Strategies and Performance

Jeffrey G. Covin

402 citations0/0 files storedJournal of Management Studies

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Entrepreneurship Studies and Influences Business Strategies and Innovation Firm Innovation and Growth

Abstract

ABSTRACT This article describes a study of the business strategies and performance levels of firms with entrepreneurial and conservative strategic postures. Data were collected from the senior executives of 111 small manufacturing firms. Results indicate that entrepreneurial firms differ from conservative firms in terms of their growth rates as well as several financial, operating, and marketing‐related variables. the data suggest that the patterns of strategic behaviour associated with high performance are different for entrepreneurial and conservative firms.

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References

1978Organizational Strategy, Structure, and Process 1983The Correlates of Entrepreneurship in Three Types of Firms 1973Strategy-Making in Three Modes 1988THE INFLUENCE OF ORGANIZATION STRUCTURE ON THE UTILITY OF AN ENTREPRENEURIAL TOP MANAGEMENT STYLE

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