An Empirical Study of the Relationship between Entrepreneurial Curiosity and Innovativeness

• Authors: Žiga Peljko , Mitja Jeraj , Gheorghe Săvoiu , Miha Marič
• Languages of publication: EN

Abstracts

EN

Background and Purpose: Despite scholarly interest in understanding the role of different determinants on entrepreneurs and their behavior, little is known about the relationship between entrepreneurial curiosity and innovativeness. This research explores the relationship between entrepreneurial curiosity, which motivates entrepreneurs to gather information about their business and innovativeness that motivate entrepreneurs to incorporate innovations into entrepreneurial processes. Design/Methodology/Approach: Participants in this study were entrepreneurs from Slovenia and USA. By using structural equation modelling, we linked the two constructs of entrepreneurial curiosity and innovativeness to test the influence. Results: Results indicate that entrepreneurial curiosity positively influences innovativeness. The results of this study indicate that at the frame of entrepreneurship psychology entrepreneurial curiosity is important for innovativeness. Conclusion: This paper links the two studied constructs and presents a valuable contribution for entrepreneurship theory; therefore, the results could be used for a further scientific research as also for practical implications.

Keywords

EN

Entrepreneurial Curiosity; Innovativeness; Company; Entrepreneurship; Entrepreneur

• Publisher: Sciendo
• Journal: Organizacija
• Year: 2016
• Volume: 49
• Issue: 3
• Pages: 172-182

Dates

published

2016-08-01

received

2016-03-05

revised

2016-05-11

accepted

2016-06-09

online

2016-09-17

Contributors

author

Žiga Peljko

• KD Group d.d., Ljubljana, Slovenia

author

Mitja Jeraj

• GEA College, Faculty of Entrepreneurship, Ljubljana, Slovenia

author

Gheorghe Săvoiu

• University of Pitesti, Faculty of Economic Sciences, Romania

author

Miha Marič

• University of Maribor, Faculty of Organizational Sciences, Slovenia

References

• Audi, R. (1993). Action, intention, and reason. Cornell University Press.
• Bandalos, B. (1996). Confirmatory factor analysis. In J. Stevens (Ed.), Applied multivariate statistics for the social sciences (3rd ed., pp. 389-420). Mahwah, NJ: Lawrence Erlbaum.
• Baron, R. A., & Tang, J. (2011). The role of entrepreneurs in firm-level innovation: Joint effects of positive affect, creativity, and environmental dynamism. Journal of Business Venturing, 26(1), 49-60, http://dx.doi.org/10.1016/j.jbusvent.2009.06.002[Crossref]
• Baron, R. A., Hmieleski, K. M., & Henry, R. A. (2012). Entrepreneurs’ dispositional positive affect: The potential benefits-and potential costs-of being “up”. Journal of Business Venturing, 27(3), 310-324, http://dx.doi.org/10.1016/j.jbusvent.2011.04.002[Crossref]
• Bird, B. (1989). Entrepreneurial behavior. Glenview, IL: Scott Foresman.
• Blume, B. D., & Covin, J. G. (2011). Attributions to intuition in the venture founding process: Do entrepreneurs actually use intuition or just say that they do?.Journal of Business Venturing, 26(1), 137-151, http://dx.doi.org/10.1016/j.jbusvent.2009.04.002[Crossref]
• Candemir, A., & Zalluhoğlu, A. E. (2013). Exploring the Innovativeness and Market Orientation through Mission and Vision Statements: The Case of Istanbul Stock Exchange Companies. Procedia-Social and Behavioral Sciences, 99, 619-628, http://dx.doi.org/10.1016/j.sbspro.2013.10.532[Crossref]
• Churchill, G. A., Jr. (1979). A paradigm for developing better measures of marketing constructs. Journal of marketing research, 16(1), 64-73, http://dx.doi.org/10.2307/3150876[Crossref]
• Cope, J. (2005). Toward a dynamic learning perspective of entrepreneurship. Entrepreneurship Theory and Practice 29(4), 373-397, http://dx.doi.org/10.1111/j.1540-6520.2005.00090.x [Crossref]
• Craig, J. B., Dibrell, C., & Garrett, R. (2013). Examining relationships among family influence, family culture, flexible planning systems, innovativeness and firm performance. Journal of Family Business Strategy, In Press, Corrected Proof, http://dx.doi.org/10.1016/j.jfbs.2013.09.002[Crossref]
• Crossan, M. M., & Apaydin, M. (2010). A Multi-Dimensional Framework of Organizational Innovation: A Systematic Review of the Literature, Journal of Management Studies, 47(6), 1154-1191, http://dx.doi.org/10.1111/j.1467-6486.2009.00880.x [Crossref]
• Dai, L., Maksimov, V., Gilbert, B. A., & Fernhaber, S. A. (2013). Entrepreneurial orientation and international scope: The differential roles of innovativeness, proactiveness, and risk-taking. Journal of Business Venturing, In Press, Corrected Proof, http://dx.doi.org/10.1016/j.jbusvent.2013.07.004[Crossref]
• Dawis, R. V. (1987). Scale construction. Journal of Counseling Psychology, 34(4), 481-489, http://dx.doi.org/10.1037//0022-0167.34.4.481[Crossref]
• De Clercq, D., Sapienza, H.J., & Crijns, H. (2005). The internationalization of small and medium-sized firms. Small Business Economics, 24(4), 409-419, http://dx.doi.org/10.1007/s11187-005-5333-x [Crossref]
• Deniz, A., & Godekmerdan, L. (2012). Determining Level of Students’ technological Innovativeness: A Case Study. Procedia - Social and Behavioral Sciences, 47, 848-853, http://dx.doi.org/10.1016/j.sbspro.2012.06.746[Crossref]
• Dess, G. G., & Picken, J. C. (2000). Changing roles: Leadership in the 21st century. Organizational Dynamics, 28(3), 18-34, http://dx.doi.org/10.1016/S0090-2616(00)88447-8[Crossref]
• DeVellis, R. F. (2003). Scale development: Theory and applications. Thousand Oaks, CA: Sage.
• Dibrell, C., Craig, J. B., & Neubaum, D. O. (2013). Linking the formal strategic planning process, planning flexibility, and innovativeness to firm performance. Journal of Business Research, In Press, Corrected Proof, http://dx.doi.org/10.1016/j.jbusres.2013.10.011[Crossref]
• Edquist, C., Hommen, L., & McKelvey, M. (2001). Innovation and employment: process versus product innovation, Northampton, MA: Edward Elgar Pub.
• Fairlie, R. W., & Holleran, W. (2012). Entrepreneurship training, risk aversion and other personality traits: Evidence from a random experiment. Journal of Economic Psychology, 33(2), 366-378, http://dx.doi.org/10.1016/j.joep.2011.02.001[Crossref]
• Gabor, D. (1970). Innovations: Scientific, technical and social. Oxford: The University Press.
• Garcia, R., & Calantone, R. (2002). A critical look at technological innovation typology and innovativeness terminology: a literature review. Journal of product innovation management, 19(2), 110-132, http://dx.doi.org/10.1111/1540-5885.1920110[Crossref]
• Gerbing, D. W., & Anderson, J. C. (1988). An updated paradigm for scale development incorporating unidimensionality and its assessment. Journal of Marketing Research, 25(2), 186-192.[Crossref]
• Grundström, C., Öberg, C., & Öhrwall Rönnbäck, A. (2012). Family-owned manufacturing SMEs and innovativeness: A comparison between within-family successions and external takeovers. Journal of family business strategy, 3(3), 162-173, http://dx.doi.org/10.1016/j.jfbs.2012.07.001[Crossref]
• Henson, R. K., & Roberts, J. K. (2006). Use of exploratory factor analysis in published research common errors and some comment on improved practice. Educational and Psychological measurement, 66(3), 393-416, http://dx.doi.org/10.1177/0013164405282485[Crossref]
• Hinkin, T. R. (1995). A review of scale development practices in the study of organizations. Journal of Management, 21(5), 967-988, http://dx.doi.org/10.1177/014920639502100509[Crossref]
• Huarng, K. H., & Ribeiro-Soriano, D. E. (2014). Developmental management: Theories, methods, and applications in entrepreneurship, innovation, and sensemaking. Journal of Business Research, 67(5), (657-662), http://dx.doi.org/10.1016/j.jbusres.2013.11.023[Crossref]
• Hurley, R. F., & Hult, G. T. M. (1998). Innovation, market orientation, and organizational learning: An integration and empirical examination. Journal of Marketing, 62(3), 42-54.[Crossref]
• Jackson, D.N. (1994). Jackson Personality Inventory- Revised Manual. Port Heron, MI: Sigma Assessment Systems, Inc.
• Jeraj, M. & Antončič, B. (2013). A Conceptualization of Entrepreneurial Curiosity and Construct Development: a Multi-Country Empirical Validation. Creativity Research Journal, 25(4), 426-435, http://dx.doi.org/10.1080/10400419.2013.843350[Crossref]
• Jeraj, M. & Marič, M. (2013a). Relation between Entrepreneurial Curiosity and Entrepreneurial Self-efficacy: a Multi-Country Empirical Validation. Organizacija, 46(6), 264-273, http://dx.doi.org/10.2478/orga-2013-0027[Crossref]
• Jeraj, M. & Marič, M. (2013b). Entrepreneurial Curiosity - The New Construct. High potentials, lean organization, internet of things: proceedings of the 32nd International Conference on Organizational Science Development (str. 289-298). Kranj: Moderna organizacija.
• Jeraj, M. & Prodan, I. (2010). Conceptualization of Entrepreneurial Curiosity. Paper presented at the Advances in Business-Related Scientific Research Conference 2010: Olbia, Italy.
• Jeraj, M. (2012). Toward the new construct; Entrepreneurial Curiosity. V D. Barkovic and B. Runzheimer (ur.), Interdisciplinary research VIII (p. 1043-1055). Opatija: Josip Juraj Strossmayer University in Osijek.
• Jeraj, M. (2014). Entrepreneurial Curiosity: Construct Development, Determinants and Outcomes. Doctoral Dissertation. University of Ljubljana: Faculty of Economics.
• Kardos, M. (2012). The Relationship between Entrepreneurship, Innovation and Sustainable Development. Research on European Union Countries. Procedia Economics and Finance, 3, 1030-1035, http://dx.doi.org/10.1016/S2212-5671(12)00269-9[Crossref]
• Kosec, K., & Miglič, G. (2012). Vpliv zunanjih in notranjih dejavnikov na individualno uspešnost prodajalca - primer družbe Relax Turizem. Organizacija, 45(4), A116-A123.
• Krueger Jr, N. F. (2003). The cognitive psychology of entrepreneurship. In Handbook of entrepreneurship research (pp. 105-140). Springer US.
• Likert, R. (1974). A method of constructing an attitude scale. Scaling: A sourcebook for behavioral scientists, 21-43.
• Lumpkin, G. T., & Dess, G. (1996). Clarifying the entrepreneurial orientation construct and linking it to performance. Academy of Management Review, 21(1), 135-172, http://dx.doi.org/10.5465/AMR.1996.9602161568[Crossref]
• Marcati, A., Guido, G., & Peluso, A. M. (2008). The role of SME entrepreneurs’ innovativeness and personality in the adoption of innovations. Research Policy, 37(9), 1579-1590, http://dx.doi.org/10.1016/j.respol.2008.06.004[Crossref]
• Markman, G. D., & Baron, R. A. (2003). Person-entrepreneurship fit: why some people are more successful as entrepreneurs than others. Human resource management review, 13(2), 281-301, http://dx.doi.org/10.1016/S1053-4822(03)00018-4[Crossref]
• Mueller, S. L., & Thomas, A. S. (2001). Culture and entrepreneurial potential: A nine country study of locus of control and innovativeness. Journal of business venturing, 16(1), 51-75, http://dx.doi.org.ezproxy.lib.ukm.si/10.1016/S0883-9026(99)00039-7[Crossref]
• OECD. (2010). SMEs, Entrepreneurship and Innovation, Series: OECD Studies on SMEs and Entrepreneurship.
• Parker, S. C. (2004). The economics of self-employment and entrepreneurship. Cambridge, UK: Cambridge University Press.
• Parker, S. C. (2013). Do serial entrepreneurs run successively better-performing businesses?. Journal of Business Venturing, 28(5), 652-666, http://dx.doi.org/10.1016/j.jbusvent.2012.08.001[Crossref]
• Price, L. L., & Ridgway, N. M. (1983). Development of a scale to measure use innovativeness. Advances in consumer research, 10(1), 679-684.
• Rae, D., & Carswell, M. (2000). Using a life-story approach in researching entrepreneurial learning: the development of a conceptual model and its implications in the design of learning experiences. Education and Training, 42(4/5), 220-227, http://dx.doi.org/10.1108/00400910010373660[Crossref]
• Rezaei, J., Ortt, R., & Scholten, V. (2012). Measuring entrepreneurship: Expert-based vs. data-based methodologies. Expert Systems with Applications, 39(4), 4063-4074, http://dx.doi.org/10.1016/j.eswa.2011.09.091[Crossref]
• Sanchez-Franco, M. J., & Roldán, J. L. (2010). Expressive aesthetics to ease perceived community support: Exploring personal innovativeness and routinised behaviour as moderators in Tuenti. Computers in Human Behavior, 26(6), 1445-1457, http://dx.doi.org/10.1016/j.chb.2010.04.023[Crossref]
• Savalei, V., & Bentler, P. M. (2010). Structural equation modeling. Corsini Encyclopedia of Psychology, John Wiley & Sons, Inc. http://dx.doi.org/10.1002/9780470479216.corpsy0953[Crossref]
• Schmelter, R., Mauer, R., Börsch, C., & Brettel, M. (2010). Boosting corporate entrepreneurship through HRM practices: Evidence from German SMEs. Human Resource Management, 49(4), 715-741, http://dx.doi.org/10.1002/hrm.20366[Crossref]
• Schumpeter, J.A. (1934). The theory of economic development. Cambridge, MA: Harvard Press.
• Soriano, D. R., & Huarng, K. H. (2013). Innovation and entrepreneurship in knowledge industries. Journal of Business Research, 66(10), 1964-1969, http://dx.doi.org/10.1016/j.jbusres.2013.02.019[Crossref]
• Tajeddini, K., & Trueman, M. (2008). Effect of customer orientation and innovativeness on business performance: a study of small-sized service retailers. International Journal of Entrepreneurship and Small Business, 6(2), 280-295. http://dx.doi.org/10.1504/IJESB.2008.018633[Crossref]
• Tidd, J., & Bessant, J. (2011). Managing innovation: integrating technological, market and organizational change. John Wiley & Sons.
• Türker, M. V., & İnel, M. N. (2012). The effect of locus of control orientation on perceived individual innovativeness: An empirical research in Turkey. Procedia-Social and Behavioral Sciences, 58, 879-888, http://dx.doi.org/10.1016/j.sbspro.2012.09.1066[Crossref]
• Tushman, M. L., & O’Reilly III, C. A. (1996). Ambidextrous organizations: managing evolutionary and revolutionary change. California management review, 38(4), 8-30.[Crossref]
• Ünay, F. G., & Zehir, C. (2012). Innovation intelligence and entrepreneurship in the fashion industry. Pro cedia-Social and Behavioral Sciences, 41, 315-321, http://dx.doi.org/10.1016/j.sbspro.2012.04.036[Crossref]
• Uray, N., & Dedeoglu, D. (1997). Identifying fashion clothing innovators by Self-Report method. Journal of Euro-Marketing, 6(3), 27-46, http://dx.doi.org/10.1300/J037v06n03_02[Crossref]
• Venkatraman, P. M. (1991). The impact of innovativeness and innovation type and adoption. Journal of Retailing, 67(1), 51-67.
• Wagner, J. (2005). Nascent and infant entrepreneurs in Germany: Evidence from the regional entrepreneurship monitor (REM) (No. 1). University of Lüneburg working paper series in economics.
• Yu, Y., Dong, X. Y., Shen, K. N., Khalifa, M., & Hao, J. X. (2013). Strategies, technologies, and organizational learning for developing organizational innovativeness in emerging economies. Journal of Business Research, 66(12), 2507-2514, http://dx.doi.org/10.1016/j.jbusres.2013.05.042[Crossref]
• Zhang, X., Ma, X., & Wang, Y. (2012). Entrepreneurial orientation, social capital, and the internationalization of SMES: evidence from China. Thunderbird International Business Review, 54(2),195-210, http://dx.doi.org/10.1002/tie.21451[Crossref]
• Zhou, L. (2007). The effects of entrepreneurial proclivity and foreign market knowledge on early internationalization. Journal of World Business, 42(3), 281-293, http://dx.doi.org/10.1016/j.jwb.2007.04.009 [Crossref]

Identifiers

DOI

10.1515/orga-2016-0016