Synopsis: Entrepreneurship: Environment:


dsi-report-complete-lr.pdf.txt

economic models (3) energy and environment;(3) participation and open governance,(4) science, culture and education;(

environment for DSI to flourish Research Methodology To examine the emergence of digital social innovation (DSI) in Europe,

-ing and inclusion, Sustainable socioeconomic models, Energy and environment, Participatory open government, Smart public services, Pioneering science, culture & education

knowledge and education, to new ways of improving the quality of the environment, to mass scale behav

-riety of domains ranging from health and well-being, to democracy, sustainability and environment, and public service delivery

3) energy and environment;(3) participation and open governance,(4) science, culture and education;(5

Energy and environment 78 Work and employment 78 Finance and economy 76 Science& Technology 60

are beginning to aggregate the layers of data that increasingly permeate the urban environment in order to

within the learning environment 27 Table 4 Â Health wellbeing and inclusion Sustainable socio -economic

environment Participative open government Pioneering science culture & education Smart public services Open Networks Confine

and makes their city smarter, in terms of innovative and efficient infrastructure, the environment, quality of life, modern administration and engaged citizens.

-panies try and test their services with citizens in a real life environment and thus improve their competi

digital environment is one example of this, as is the work by the social innovation research project TEPSIE

from the environment Open Vienna City SDK Open knowledge co-production of new knowledge and crowd

Wireless Sensor Network that manages Open information in an Open environment. An OSN stands for an

point within a wireless environment Sensor networks are used widely in the fields of mobility, transport, environment, geography, meteorology

and tourism. They are key infrastructures of a smart city by providing basic data on the usage of energy

global socioeconomic environment The Ecosystem metaphor emphasises the need for a holistic and multi-stakeholder approach that Europe

Energy and environment, Smart public services, Pioneering science Technology Trends: Open Networks, Open Knowledge, Open Hardware

environment (based on Processing. Arduino projects can be stand-alone or they can communicate with software running on a computer (e g

the Java environment is released under the GPL and the C/C++ micro controller libraries are licensed under the LGPL

with most staff working collaboratively in a â€oevirtual office†environment from four continents so as to ensure †even the smallest contributions go

education, environment & sustainability, anti-discrimination, equality & social justice, health, human rights, international development, public

to deliver services in urban environments. With governments around the world looking at open data as a kick start for their economies

on and around the public domain in the digital environment by high -lighting the challenges arising from the increasingly complex interface

public domain in the digital environment and related topics Activities include publications, meetings, conferences, projects, consul

changing environment requires the deployment of distributed service infrastructures that exploit locality, react to environmental changes and

Health and wellbeing, Energy and environment Technology Trends: Open Networks, Open Data, Open Knowledge DSI activities:

To enhance its potential by creating a more favourable environment social, cultural, political, economic To raise its visibility by searching for promising initiatives and communi

by DEFRA (the Department for Environment, Food and Rural affairs based in the UK) and conducted by the University of Bath to explore the

Health and wellbeing, science, energy and environment, participation and democracy Technology Trends: Open networks, Open data, Open knowledge, Open hardware

improving their own environment and making it more sustainable. The project does this by providing capabilities for environmental monitor

•Involving citizens in the process of monitoring the environment, com -bining objective and subjective measures •Enhance citizens†awareness

of the environment; social networking tools, which allow effective data and opinion collection, and real-time information spreading processes

Environment Technology Trends: Open Networks, Open Hardware, Open Knowledge DSI activities: A network, hosting makerspace/hackerspace,

environment, and builds an open network based on that, in which open knowledge is being shared. It engages different parties in digital social

†health food access and equality, environment, food security, and com -munity cohesion. †Part of the difficulty in assessing the impact of the project relates to the

-tion environments for DIY product designers In addition to showcasing opportunities for DIY making, Make also sell

Insecure funding environment: Funding streams normally come and go much faster than project will need them to survive. â€oereal change move

key funding and a favourable funding environment (grants with loose ties) were critical to mysociety succeeding in 2003/4.

Environment Agency Austria, small municipality of Engerwitzdorf, City of Graz Region of Styria and others.

platform seeks to create a more sustainable environment, where people instead of purchasing products borrow or share products already bought

Limited storage space in dense urban environment preventing consum -ers to keep all the goods they occasionally use

suitable for harsher environments in many developing countries Its small size and portability make it suitable for applications that other

off-grid environments Other than the fact that the demand for the Raspberry Pi computers have exceeded far the team†s original predicted figure of 10,000 (with

Raspberry Pi ICT learning environment was installed at Dachio Primary and JHS Schools, which included 6 Raspberry Pi†s. These have been net

work more easily in electrical off-grid environments, making it an ideal device for educational purposes in developing countries, etc

Offline Environments: While the Pi†s design ensures it is suitable for off-grid environments, this alone does not overcome other infrastruc

-tural barriers, such as there being limited or no Internet access. For this reason Khan academy Lite was developed as an offline version ofâ Khan

Health and wellbeing, Energy and environment, Participation and democracy Technology Trends: Open Networks, Open Hardware, Open Data, Open Knowledge

Health and wellbeing, Energy and environment Technology Trends: Open Networks, Open Data, Open Knowledge, Open Hardware

real time, and thus help improve the environment quality What is the social impact it is

used for the purpose of monitoring the environment. It focuses the im -pact of new technologies at different scales of human habitat, from the

city†s work on improving urban environments. The Amsterdam Smart City project is, in partnership with Waag Society, planning on deploying

information sharing in safe, productive environments Growth in Tor relays and bridges resulting in improved capacity,

environment Participative open government Pioneering science culture & education Smart public services Open Networks Confine


EC_ European Smartgrids Technology Platform _2006.pdf.txt

allow business decisions to be made by companies in an environment of stability Key elements of the vision include

compatible with a competitive commercial environment: it reduces investment risk Smartgrids: The Vision Europe†s electricity networks in 2020 and beyond will be

companies in an environment of stability Smartgrids Why take action now New technologies-for generation, networks, energy storage, load

•The Environment: Besides issues of primary energy supply, the major disadvantage of fossil fuels is that they emit CO2, SO2, NOX and other pollutants

on the environment 3. Driving factors in the move towards Smartgrids The current climate demands change in the way electricity is supplied.

ENVIRONMENT 14 E u R O P E A n T E C H N O L O G Y P L a T F

ensure a favourable regulatory environment; help to develop supportive financial markets; and create attractive education

values, the environment and commerce Limited cross-border interconnections Centralised control Technology approaching an age of one century

in the values in society, in the environment and in commerce. Thus security, safety environment, power quality

and cost of supply are all being examined in new ways and energy efficiency in the system is taken ever more seriously for a variety of

environment across Europe Future electricity markets The liberalisation of electricity markets is an important factor to take into account

most cost-effective basis with minimum damage to the environment, in line with European related policies

•transmission grids with minimum negative side-effects on the environment and the society •secure transmission grids that can comply with different forms of generation

is the regulatory and legal environment in which grid companies operate It is recognised that innovative approaches may from time to time be hindered by


eco-innovate-sme-guide.pdf.txt

The Eco-Innovation Observatory is financed by DG Environment of the European commission Legal notice Any views or opinions expressed in this report are solely those of the authors

Funded by the European commission, DG Environment, Brussels Layout Eco-innovate A guide to eco-innovation

competitive while respecting the natural environment Eco-innovation takes the full life-cycle perspective into account, rather than just focusing on environ

and respect the environment by reducing resource intensity of products and services Sustainable management of natural resourcesâ€

environment society politics Figure 2: Why eco-innovation 1 EIO 2010: Eco-innovation Observatory Annual Report 2010.

environment The price volatility for commodities, notably met -als, food and non-food agricultural items, was

8 European Environment Agency 2010: The European Environment. State and Outlook 2010. Material resources and Waste.

European Environment Agency, Copenhagen Eco-innovations focused on improving material and energy productivity can save costs

and lower risk by making companies less dependent on imports Eco-innovate! A guide to eco-innovation for SMES and business coaches

in the field of energy and environment by the World Economic Forum in 2012 www. electrops. it

Shields Environment recycling and remarketing Shields Environmental is a UK based company that provides support services

ec. europa. eu/environment/ecolabel Eco-labels are profiled at limas. simpple. com/resources/results-communication-eco-labels

¢www. defra. gov. uk/environment/economy/products-consumers /green-claims-labels /Learning Resources Eco-innovate products and services

Shields Environment  Source: www. shields-e. com p. 40: TECNARO  Source: www. tecnaro. de;

for the Environment from the Competitiveness and Innovation framework Programme (CIP. The Observatory has developed an


Eco-innovation in Romanian SMEs - Roxana Voicu s.a..pdf.txt

taxonomy is to create an academic environment for modeling eco-innovation, and thus to provide the

information on the environment and its risks; lack of knowledge (mostly from the management part

regarding the environment, eco-innovation, life -cycle approach, or any other method, model or measure that may reduce the impact of the company

than in the isolated environment in their own countries -Eco-innovation is being implemented mostly as a requirement of European union

Environment and Technology Management (ETM edited by David Annandale, John Phillimore and Dora Marinova, Edward Elgar, Cheltenham


E-commerce Action plan 2012-2015.pdf.txt

the on-line and the physical environment is addressed In this context, the Commission services launched on 8 october 2012 a public

legislation and related to the digital environment. The objective of the Code is to provide simple explanations of online legal rights

relevant legislation is implemented in a digital environment at European level in particular by financing joint projects aimed at encouraging skills


E-commerce, omni-channel retail and EU policy.pdf.txt

digital environment and with distance selling, establishing trust can be more difficult than in a

physical environment where there is more direct person-to-person interaction between buyer and seller. This poses a challenge for consumers in determining whether the e-commerce

and consumers live in an environment where the diversity of culture, tradition, lifestyle, and language is a source of richness.

ensure that every European citizen is comfortable in the digital environment and businesses find the right talents easily

business environment and the digital economy. Or it creates a bias and competitive advantage for one channel over another.

shape the right policy and legislative environment for the future of commerce, for the benefit

and in all institutions to help shape this environment 8 of 16 ANNEX: EU POLICY CONTEXT AND SPECIFIC RECOMMENDATIONS

For a digital environment to be effective for e-commerce across the EU, ICT systems need to


Economist Intelligence Unit_Reaping the benefits of ICT_2004.pdf.txt

environment rankings â Second, we conducted a survey of 100 senior executives on the commercial challenges of

favourable business environment are grounds for optimism about the future. The performance of other European economies is mixed, with The netherlands

conducive environment for innovation in Europe. It will not be easy, particularly for organisations with an

business environment This report has three purposes: to assess the impact of ICT on productivity in Europe;

quality of the business environment To investigate these issues, we estimated a cross -section growth model for 60 countries including 26

the business environment, or ICT and skills levels Finally, the model takes into account ICT use as well as

environment rankings, it is possible to draw a number of conclusions about the economic impact of ICT

Education and the business environment are crucial to making technology work ICT development is only one of the important factors

that the quality of a country†s business environment as well as its attention to specific ICT enablers such as

business environment, is burdened by a relatively poor performance (by EU standards) in skills training and

in creating an environment fostering technology -industry expansion is a major factor in its remarkable growth story

environment. To help identify and understand which of these factors are most important, the Economist

environment where innovation can flourish and where the benefits of ICT can be realised fully There is no reason for European countries to miss

How important are the following aspects of the business environment in enabling your company to benefit from ICT

the quality of the business environment and the economic impact of ICT. Generally speaking, the more

open and stable the business environment, the more likely that ICT use will make a contribution to growth

environment, and Europe has compared generally favourably in this area with the US and other developed countries

environment where innovation can thrive and where the benefits of ICT are readily available at all levels of the economy.

advantage of this more supportive environment to encourage risk-taking and innovation in their organisations.

create a more positive environment for innovation These include the creative use of teams, quality circles

environment for the efficient use of ICT. But ultimate responsibility for using ICT more effectively to improve

addition, the EIU€ s business environment model enables us to investigate the role of various policy

and business environment variables (measured by a synthetic index covering labour, product and financial markets) and their possible interaction

of the quality of the business environment and micro -economic policies. Further explanations of these variables are provided following table 1

quality of the business environment are interrelated though no evidence is found for any explicit interaction effect between ICT and policy variables or

business environment (on a 1-10 scale) based on indicators grouped in the following categories: policy toward private enterprise, financing con

-ditions, the tax regime, the macroeconomic environment and labour markets. The overall index is a simple average of the five category sub

superior business environment and schooling. This leaves the ICT variable accounting for the major part of the 0. 52 percentage point difference in average

environment in 2004-08 from the EIU€ s business environment rankings model The ICT index that we use for the forecasts (ICT2) is

different from the ICT index used for estimating growth in 1995-2002. ICT variables are time-specific

do European countries compare with other global markets in providing an attractive environment for ICT investment and innovation?

The business environment How would you rate the overall sophistication of ICT infrastructure in the following countries

How important are the following aspects of the business environment in enabling your company to benefit from ICT


Education - technology and connectedness.pdf.txt

environment in which the Union is navigating. In the long term, this may challenge the Union†s

†the long-term, international and domestic, political and economic environment facing the European Union over the next 20 yearsâ€.

increasingly socialised in ICT environments, previously existing income-determined barriers of access to political participation and education could be overcome (see discussion on e-participation and e-learning

in ICT environments) is highly likely to influence outcomes in all human social activities †political

of Ambient Intelligence Environments: The Right to Multiple Identities and the Rise of the Aivatars

Chief of Force Development, Future Security Environment 2008-2030 Part 1: Current and Emerging Trends, 2009.

The European environment †state and outlook 2010: assessment of global megatrends Copenhagen, European Environment Agency

Easterlin, R. A. 2005, Vol. 74, Issue 3). Feeding the Illusion of Growth and Happiness:

social capital needs in a social media environment. In Privacy online (pp. 19-32. Springer Berlin

††â€, World and European Energy and Environment Transition Outlook-WETO-T, Brussels: European

European Environment Agency (2013.""Global governance-the rise of non-state actors (Technical Report No 4/2011),

"Annual Review of Environment and Resources Vol. 35, No. 1, 2010, pp. 195†228 Pedro, F.,"Trusting the Unknown:

and King Sturge,"Built Environment Foresight 2030: the sustainable development imperative,"2010. As of 08/03/2013


Enhancing healthcare delivery through ICTs 2008.pdf.txt

Ugandan healthcare environments, although most of the major hospitals and the medical schools use computers for administrative purposes.

interactive environments and self managed e-learning Healthnet one of the most widely implemented computer-based telecommunications systems

environment and be able to exchange data and information on service delivery. In order to improve the efficiency


Enhancing the Competitiveness of SMEs in the Global Economy Strategies and Policies.pdf.txt

Innovative activity also flourishes in environments free of bureaucratic constraints (Link and Bozeman, 1991. A number of SMES have benefited in fact from the exodus of researchers thwarted

SMES operate in medium to low technology environments and innovate without using formal R&d inputs

established, and new enterprises are decentralised conceived†This and fluid environment also promotes the diffusion of intangible technological capabilities and understandings. †13

a diversified competitive environment, than in one dominated by large, vertically integrated producers 51. Evidence seems to indicate that diversity

and capital good suppliers in Italy has created an environment that pushes innovation forward. Manufacturers make sophisticated and ever changing demands,


Entrepneurial Orientation and Network Ties_ innovative performance of SMEs in an emerging-economy manufacturing cluster.pdf.txt

highly competitive and turbulent environments in emerging economies (Covin and Slevin 1989 In line with RBV, EO,

and anticipate changes in their environments is an eminent trait of entrepreneurial firms. Linkage within its own geographic areas (ICTS) constitutes an

partnerships in response to changes in external environments faster than firms lacking such abilities. Therefore, we propose that proactive orientation enhances innovative performance

means they have a greater ability to adapt to changing environments, they may be constrained by limited access to facilities and financial resources

environments. Strategic Management Journal, 10,75-87 Cross, R, . & Jonathon, N c. 2004). Tie and Network Correlates of Individual Performance in


Entrepreneurship and SMEs Innovation in Romania - Nelu Eugen Popescu.pdf.txt

Usually the attention and actions of policymakers and the business environment focused on large companies and

In the actual economic environment due to globalization and ICT evolution products are outdated more quickly nowadays in comparison with some years ago because â€oewe are entering the era of the young firm. †(Jovanovic

A significant percentage of SMES use the Internet for gathering information about the business environment in

new start-ups being more adaptable to the changing business environment the government efforts should sustain the

proper economic environment in which SMES can develop and entrepreneurial initiatives could thrive is a condition


Entrepreneurship, SMEs and Local Development in Andalusia.pdf.txt

surrounding environment †firms, technology parks, technology centres, foundations, etc. †with a view to creating knowledge ecosystems that support local development, employment and social

communications, energy and environment, transport, and tourism. The active participation of technology parks (Cartuja 93 in Seville and PTA-Malaga) and technology centres, assets of the two

the ones that are able to capitalise on both the local support environment and to access non-local

economies in a globally connected environment. Spatial variations within countries suggest that not all geographical parts of a country achieve similar levels of employment, skills development, business

sectors it is difficult to see anything beyond a highly vulnerable and fragile economic environment for

capacity in an innovation-friendly environment. To help achieve this aim, the main objectives of the

making an environment and the quality of local life conducive to entrepreneurial economic activity The emphasis a region puts on any one of the two approaches is to some extent dependent on their

%iv) environment, rural development water sources and land risk prevention: 12.4%;%v) food and fisheries:

with a greater variety of actors and across diverse institutional environments, are more likely to

environment and risk prevention on the other The Spanish labour market differs somewhat from that of most European countries.

sciences, Environment, Renewable Energies and Agriculture, Cultural and Creative Industries ANDALUCIA EMPRENDE ANDALUCIA EMPRENDE has a network of 1 000 people to assist, advance, mentor, and train

actively contributing to the creation of an environment of innovation capable of reducing the gap with

environment for frequent exchanges between academic researchers and industry counterparts; and international partnerships are becoming more important as research parks seek to attract more

environment for start-ups and SMES Because a broad policy agenda can be addressed through an emphasis on entrepreneurship

employment, innovation, economy, social cohesion, and environment. However, by 2005 it was apparent that the goal was overly ambitious.

which in turn, requires greater levels of entrepreneurship, improved business environments, and development of a strong and sustainable economic base.

Environment, natural surroundings, water resources and risk prevention (29.7%of total expenditure ï Priority 4:

The institutional environment in the region is incredibly dense: an extensive network of institutions, policies, programmes and projects now exists,

financial environment Opportunities Firstly there is a low but growing level of entrepreneurial culture in the region.

rate of firms reared in an incubator environment should be significantly higher than the business

levels of innovation, internationalisation and the quality of the support environment in the region, and

support environment for the different types of SME before proposing a number of learning models that

An analysis of the SME development policy environment Andalusia has established a well state-driven policy environment supporting

and advising SMES Discussions with the various agencies also revealed a high degree of consensus regarding the problems

in this sense the ones that are able to capitalise on the local support environment, but also to access

In an environment of shrinking business support, more targeting of SME activity in this direction should be encouraged,

which food is produced, the consequences for health and environment, and the subsequent importance of the visibility of the food chain.

of the business environment †does not force the firms to cooperate if they are inclined not

Environment and Planning A. 35 9, pp 1689-1706 Isaksen, A. 2003 National and regional contexts for innovation.

Maskell, P. 1998 Successful low-tech industries in a high-cost environments: the case of the Danish


Entrrepreneurial and Innovative Behaviour in Spanish SMEs_ essays on .pdf.txt

Table 3. Environment †main definitions 27 Table 4. Absorptive capability (ACAP) and organizational learning

not equally suitable in all environments (e g.,, Covin and Slevin, 1989; Robertson and Chetty, 2000;

That is, in an uncertain environment where an atmosphere of high risk predominates, fewer opportunities, and with

Over the last few years, the business environment, in Spain and elsewhere, has grown increasingly hostile and it can certainly be argued that the external environment may

have a strong impact on SME viability and growth. In this sense, an entrepreneurial behavior has become an increasingly important survival condition (Bouchard and

environment means that both entrepreneurial and conservative companies must develop characteristics that enable them to cope with their environments (Yamada and Eshima

2009; Yeoh and Jeong, 1995 2. 2. The importance and relevance of entrepreneurial SMES for contemporary societies

Precisely, over the last three years the SMES environment, in Spain and elsewhere, has grown increasingly turbulent

operate in a benign environment. Nonetheless, is especially important to highlight that SMES are closely related to the creation of new products and process techniques. â€oein

2 For the purpose of this study, it was decided to operationalize the external environment according to its

) This environment-framing method has regularly been used in the past, with researchers making the distinction between hostile and benign environments (e g.,

, Covin and Slevin, 1989; Miller and Friesen, 1983; Robertson and Chetty, 2000 16 empirical evidence on the relationship between network usage, EO and SME growth.

the environment 9 Does network usage contribute to EO development 9 Is there a positive relationship between EO

environment 9 There is a positive effect of network usage on EO development 9 EO and firm networks exert a positive

dynamic (sometimes hostile) environments in which many SMES operate, it can be used to identify entrepreneurial opportunities,

which conforms to the changing environment through the identification of variables that produce the greatest impact, where the structure and

environment. Namely, this approach is based upon the idea that organizations must adapt their structures, internal processes and behaviors to the contingencies they face

within a given environment, which can be more or less hostile and uncertain Khandwalla, 1972 In summary, the central idea in the contingency perspective suggests that there is no

and environment to the EO dimensions of innovativeness proactiveness and risk-taking propensity Especially the environment has long been considered one of the critical contingencies in

organizations theory and strategic management. Consequently, it is highlighted always as a critical contingency or contextual factor in the EO-performance relationship.

2006) Environment dynamism environment hostility Strategic decision-making strategic formation mode strategic learning from failure firm size, and firm age

Lumpkin and Dess 1996 Dynamism, munificence complexity, industry characteristics Size, structure, strategy, firm resources, culture, top CEOS

External environment benign versus hostile export channel structure organic versus mechanistic Strategic orientation Source: Self-elaborated

recognition of the importance of external forces in unpredictable environments (See Table 3). Currently, it is acknowledged that external environmental factors may have a

or, even, other environment dimensions such as dynamism, often called uncertainty (Miller and Friesen, 1983), level of industry

Friesen (1983), hostile environments, like dynamic ones, intensify challenges to the firm, and often complicate these challenges.

within a specific environment characterized by some degree of hostility and uncertainty Thus, the classification that would be used frequently in the literature stresses two

different scenarios, hostile and benign environments. Hostile environments are described by Khandwalla (1976/77; 1977) as stressful, very risky, with few

opportunities. In this sense, Covin and Slevin (1989) added that a hostile environment is characterized by intense competition, overwhelming business climate and relative lack

of opportunity for exploitation. Conversely, a non-hostile or benign environment is one that has none of the characteristics above,

but, instead, provides investment opportunities and has a favorable climate for business (Covin and Slevin, 1989

Table 3. Environment †main definitions Study Label Characteristics Lawrence and Lorsh 1967 Uncertainty Which is characterized by

environment When competitors†product change rapidly or when customer needs fluctuate Source: Self-elaborated 3. Absorptive Capability and Organizational Learning Theory

Miller (1983) The paper Strategy making and environment: the third link, proposes three hypotheses related to the

environment. In this paper the author proposes his definition of what will become the foundation of the

benign environments, the authors discuss the concepts of â€oeentrepreneurial†and â€oeconservative†strategic postures based on two major imports:

adopt in a given environment (highlighted in the research of 1989). ) Their seminal article, A conceptual model of

external environment 1. Introduction It is well-known that there is a large body of literature regarding aspects of firm

is not equally suitable in all environments (Covin and Slevin, 1989; Robertson and Chetty, 2000;

between EO and firm performance is contingent upon the external environment as well as upon internal organizational processes (Tang et al.

Equally important, the EO-environment fit may play an essential role in the firm†s ability to improve its profitability

processes, responding to changes that occur in its environment, assuming a proactive strategic posture, and so on.

of a firm to anticipate changes in its environments, we can state that firm generates a

Thus, the external environment is always highlighted as a critical contingency or contextual factor in the EO-performance

environment. The importance of proper alignment of the strategy with the environment means that both entrepreneurial and conservative companies must develop

characteristics that enable them to cope with their environments (Yeoh and Jeong 1995). ) In this vein, Yamada and Eshima (2009) argued that the external environment

may have a strong impact on small firms†viability and growth 50 This stream of research draws on Khandwallas†s contingency perspective (1972), who

pointed out that the performance of a company should not be measured only in terms of organizational attribute (structure, management style, etc.

the fit of these dimensions within a specific environment characterized by some degree of hostility and uncertainty.

stresses two different scenarios, hostile and benign environments. As mentioned earlier Chapter II, Section 6), hostile environments are described by Khandwalla (1976/77

1977) as stressful, very risky, with few opportunities. In the same way, Covin and Slevin (1989) added that the hostile environment is characterized by intense

competition, overwhelming business climate and relative lack of opportunity for exploitation. Conversely, the non-hostile or benign environment is one that has none of

the characteristics above, but rather provides investment opportunities and has a favorable climate for business (Covin and Slevin, 1989;

entrepreneurial strategy changes according to the external environment being hostile or benign. Entrepreneurial firms benefit especially in hostile environments (Covin and

Slevin 1989. It is expected because the success of these firms is generated by their competitive efforts that seek to gain

Robertson and Chetty (2000) say that environments characterized by high levels of uncertainty are used to encourage greater levels of innovation and risk-taking, which

environments the relationship between EO and performance may be less significant Entrepreneurial behavior involves more risk than does a conservative behavior.

and Slevin (1989) argued that in a benign environment it is not necessary to take

between EO, environment and profitability. Thus, the core focus of H2 is illustrated in Figure 1. So,

Entrepreneurial SMES (high EO), operating in a hostile environment, will have better profitability than will entrepreneurial SMES operating in benign environments

H2b. Conservative SMES (low EO), operating in a benign environment, will have better profitability than will conservative SMES in hostile environments

Figure 1. EO and environmental hostility: impact on firm profitability 3. Research Design 3. 1. Sample and data collection

The companies included in this study were selected based upon three criteria: First, all firms develop manufacturing activities.

to the independent variables entrepreneurial orientation and hostile environment. The questionnaire is presented using a 7-point Likert scale,

environment in which the company operates is. The scale obtained an average of 4. 419

The environment was classified as benign or hostile, depending on the degree of hostility perceived The EO index is located between one and seven, with the highest score indicating more

environment. Thus, the environment is considered to be hostile when the index is greater than or equal to four,

and is considered benign when the index is less than four At the moment the survey was done, a third part of the SMES considered their

environment as benign, especially companies in the food and beverage industry Conversely, two-thirds of the SMES saw their environment as hostile.

For example, in 60 the pharmaceutical manufacturing industry, all companies considered their environment as stressful and very risky

Table 11 summarizes the main statistics (i e.,, mean scores and SDS) and the correlation matrix of key variables considered in the study.

a hostile environment, and 0 in other cases) from the function; nonetheless, the regression results are interpreted considering the category removed.

not surprisingly, these conservative SMES operating in hostile environments presented the worst performance among all firms in the sample

business in a hostile environment, and 0 in other cases dco be dummy variable coded 1 for firms with a conservative orientation doing business

in a benign environment, and 0 in other cases deo be dummy variable coded 1 for firms with a entrepreneurial orientation doing

business in a benign environment, and 0 in other cases By using this model we can consider the full sample in the regression analysis,

with EO, operating in a hostile environment, will have better profitability than SMES with EO in benign environments †Confirmed.

Further, entrepreneurial SMES doing business in a hostile environment present higher performance in all ratios than do

entrepreneurial SMES doing business in a benign environment (e g.,, ROA: EO HE =526 and EO BE=.=188;

ROS: EO HE=.=463 and EO BE=.=145; FCF: EO HE=.=770 and EO BE=.=297 By observing the performance of conservative firms,

operating in a benign environment, will have better profitability than will SMES with a low EO in hostile environments †Confirmed.

Conservative SMES have higher financial performance in a benign environment than in a hostile one (CO BE>CO HE.

For example, conservative firms operating in a benign environment present a ROA of 0. 252

p<.05) and a FCF index of 0. 324 (p<.01), higher than do conservative firms in a

hostile environment 63 Table 12. Results of regression analyses ROA ROS FCF Step 1 Step 2 Step 3 Step 1 Step 2 Step 3 Step 1 Step 2 Step 3

environment in a contingency model. We thereby fill a significant gap, namely, this study contains two important novelties with regard to previous research.

operating environment. A similar conceptual model has been applied in previous literature (Covin and Slevin; 1989; Robertson and Chetty, 2000;

environment, as stressed in other studies but, nonetheless, contrary to that presented by Chow (2006), who confirms the link between EO

ability to operate in both hostile and benign external environments (overall results highlighted that entrepreneurial SMES are more profitable in general than conservative

operating in a benign environment presented results as equally well as entrepreneurial SMES in the same operating environment.

Namely, these results lead us to conclude that the crucial need for product innovation, proactive behavior and risk-taking propensity is

more clearly in firms which operate in hostile environments In conclusion, our findings emphasize that the strategic orientation of the firm should

Thus, in an uncertain environment where an atmosphere of high risk predominates, few opportunities, and with tremendous competitiveness, an

explained by the characteristics required by the hostile environment (i e.,, companies with an entrepreneurial profile,

network as a knowledge-based resource with the ability to influence the environment As noted by Hansen (1995),

anticipate changes in its environments and generate competitive advantage from these postures, the opposite of proactive behavior is passive and reactive behavior (Covin and

advantages in a firm†s environment (Gulati et al. 2000; Hite and Histerly, 2001 76 Johannisson et al.

companies particularly due to the fact that the economic environment is becoming increasingly competitive (Madsen, 2007), it is interesting to note that previous research

networks to influence the environment and the use of employees†networks as an information source, respectively.

environment of the economic crisis in which our research is inserted. It would be explained by a stochastic factor, namely,

knowledge-resource, the use of networks to influence the environment and employees†networks as an information source.

influence the environment, improve the proclivity of higher levels of EO and thus achieve high levels of growth.

as well as entrepreneurial spirit in companies†environments can be valuable to society as a whole because they represent more than just

adjust their strategy to the environment and use their networks to develop entrepreneurial orientation and grow

importance of the proper alignment of the EO with the environment. Thus, in the first

Entrepreneurial SMES (high EO), operating in a hostile environment, will have better profitability than will entrepreneurial

SMES operating in benign environments H2b. Conservative SMES (low EO), operating in a benign environment, will have better profitability than will conservative SMES in

hostile environments 2 H3. A firm†s emphasis on using networks will affect EO development positively.

Confirmed H4. SMES growth in the long-term is more likely when the firm has a higher EO.

capability to operate in both a hostile and benign environment without compromising their outcomes. Hence, the task for CEOS is to design

necessity of firms to develop superior EO, especially in hostile environments, because it is where a greater degree of creativity,

influence the environment, and improve the proclivity of higher levels of EO and growth. That is, business managers should

environments -by recommending the continued and consistent use of networks to secure crucial resources -by recommending

entrepreneurial posture and operating environment. Thus, we also suggest that an interesting extension of this study would be a cross-time analysis based on strategic

The fiscal environment for entrepreneurship. In. The Environment for Entrepreneurship, Kent, C a. Ed.),Lexington Books, Lexington, MA, 59-68

Bouchard, V. and Basso, O. 2011. Exploring the links between entrepreneurial orientation and intrapreneurship in SMES.

and benign environments. Strategic Management journal, 10,75-87 Covin, J. G. and Slevin, D. P. 1991.

environment. International Business Review, 13,19-41 Donaldson, L. 2001. The contingency theory of organizations. Sage Publications

Prospering in dynamically-competitive environments organizational capability as knowledge integration. Organization Science, 7 375-387

Environment, strategy, structure, and performance in the context of export activity: an empirical study of Taiwanese manufacturing

Environment and its impact on the organization International Studies of Management & Organization, 2, 297-313

Organization and environment. Harvard Business School, Cambridge Lee, C. Y. 2010. A theory of firm growth:

the impact of culture, education and environment. The Journal of Entrepreneurship, 17,15-35 147 LÃ pez Rodrã guez, J. and Garcã a Rodrã guez, R. 2005.

the moderating role of environment and industry life cycle. Journal of Business Venturing, 16,429-451 Lumpkin, G. T.,Wales, W. J. and Ensley, M d. 2006.

Strategy-making and environment: the third link Strategic Management Journal, 4, 221-235 Miller, D. and Tolouse, J. M. 1986.

export channel structure and environment: a proposed conceptual model of export performance. European Journal of Marketing, 29,95-115

environment (both domestic and international within which your firm operates 3 Very safe/risky Likert 1-7

An environment that my firm can control and manipulate/dominating environment which my firm†s initiatives count for very little against

tremendous competitive Likert 1-7 Appendix 4. Firm network scale measurement No. of items Type of

Use of networks to influence the environment. Likert 1-7 Use of employees†networks as an information source.


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