Research output: Contribution to journal › Article › peer-review
Strategic entrepreneurship in Russia during economic crisis. / Shirokova, Galina; Ivvonen, Liudmila; Gafforova, Elena.
In: Foresight and STI Governance, Vol. 13, No. 3, 01.01.2019, p. 62-76.Research output: Contribution to journal › Article › peer-review
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TY - JOUR
T1 - Strategic entrepreneurship in Russia during economic crisis
AU - Shirokova, Galina
AU - Ivvonen, Liudmila
AU - Gafforova, Elena
N1 - Shirokova, G. Strategic entrepreneurship in Russia during economic crisis / G. Shirokova, L. Ivvonen, E. Gafforova // Foresight and STI Governance. - 2019. - Volume 13, Issue 3. - P. 62-76.
PY - 2019/1/1
Y1 - 2019/1/1
N2 - This paper aims to explore the relationship between different components of strategic entrepreneurship (particularly, entrepreneurial mindset, innovation, managing resources strategically, and competitive advantage) and SME performance during the economic crisis. To test the theoretical model, we utilize data collected through a survey of Russian SMEs during the period of economic crisis and subsequent stagnation in 2015–2016. The findings suggest that the entrepreneurial component of strategic entrepreneurship is positively related to SME performance during the economic crisis; moreover, a significant negative link was found between SME performance of firms outside the Central Federal Region and an interaction term of Entrepreneurial Component and Competitive Advantage that suggests the need to choose only one type of action and not to perform both simultaneously.
AB - This paper aims to explore the relationship between different components of strategic entrepreneurship (particularly, entrepreneurial mindset, innovation, managing resources strategically, and competitive advantage) and SME performance during the economic crisis. To test the theoretical model, we utilize data collected through a survey of Russian SMEs during the period of economic crisis and subsequent stagnation in 2015–2016. The findings suggest that the entrepreneurial component of strategic entrepreneurship is positively related to SME performance during the economic crisis; moreover, a significant negative link was found between SME performance of firms outside the Central Federal Region and an interaction term of Entrepreneurial Component and Competitive Advantage that suggests the need to choose only one type of action and not to perform both simultaneously.
KW - Competitive advantage
KW - Economic crisis
KW - Entrepreneurial mindset
KW - Innovation
KW - Managing resources strategically
KW - Performance
KW - Russia
KW - Small and medium enterprise
KW - Strategic entrepreneurship
KW - SCOPUS
UR - http://www.scopus.com/inward/record.url?scp=85074365917&partnerID=8YFLogxK
U2 - 10.17323/2500-2597.2019.3.62.76
DO - 10.17323/2500-2597.2019.3.62.76
M3 - Article
AN - SCOPUS:85074365917
VL - 13
SP - 62
EP - 76
JO - Foresight Russia
JF - Foresight Russia
SN - 2500-2597
IS - 3
ER -
ID: 52327576