Getting by With a Little Help From Our Friends: Cultural Influences on Entrepreneurial Orientation and Strategic Alliance Portfolio Diversity in SMEs

We investigate how entrepreneurial orientation (EO) and national culture influence the formation of a diversified strategic alliance portfolio, encompassing various cooperative agreements based on governance mechanisms and partner diversity. A diverse strategic alliance portfolio structured in this...

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Veröffentlicht in:Journal of small business strategy 2024-05, Vol.34 (1), p.1-15
Hauptverfasser: Marino, Louis, Kreiser, Patrick, Lee, Younggeun, Holwerda, Jacob, Kuratko, Donald
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container_title Journal of small business strategy
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creator Marino, Louis
Kreiser, Patrick
Lee, Younggeun
Holwerda, Jacob
Kuratko, Donald
description We investigate how entrepreneurial orientation (EO) and national culture influence the formation of a diversified strategic alliance portfolio, encompassing various cooperative agreements based on governance mechanisms and partner diversity. A diverse strategic alliance portfolio structured in this manner may be used by smaller firms to derive benefits from social capital and absorb environmental complexities, increasing firms’ ability to survive environmental dynamism. Empirical models are estimated using data from 529 small- and medium-sized enterprises (SMEs) located in five countries – Indonesia, Finland, Mexico, the Netherlands, and Sweden. Our findings indicate that SMEs with stronger EO are more likely to establish diversified strategic alliance portfolios. However, this effect is moderated by various national cultural factors (i.e., uncertainty avoidance, individualism, and masculinity).
doi_str_mv 10.53703/001c.117032
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source DOAJ Directory of Open Access Journals; EBSCOhost Business Source Complete
subjects Agreements
Alliances
Competitive advantage
Complexity theory
Culture
Entrepreneurs
Entrepreneurship
Individualism
Influence
Portfolio management
Small & medium sized enterprises-SME
Small business
Social capital
title Getting by With a Little Help From Our Friends: Cultural Influences on Entrepreneurial Orientation and Strategic Alliance Portfolio Diversity in SMEs
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