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Fast adaptation, strategic flexibility and entrepreneurial roles

Fast adaptation, strategic flexibility and entrepreneurial roles Purpose – Strategic change is critical for firms suffering greater environmental uncertainty, but how can firms change their strategies quickly? The purpose of this paper is to examine the impact of entrepreneurial orientation (EO) on the speed of strategic change (SSC) together with the moderating effect of strategic flexibility (composed of resource flexibility (RF) and coordination flexibility (CF)). Design/methodology/approach – A survey instrument of 351 Chinese firms obtained through the face‐to‐face interview method is used to empirically test the hypotheses. Findings – This study finds that EO has a positive impact on the SSC. In addition, the moderating effect of RF on the relationship between EO and the SSC is inverse U‐shaped, while that of CF is positive. The findings indicate that both EO and strategic flexibility are important antecedents of the SSC. Originality/value – This study adds an in‐depth understanding on the roles of EO and strategic flexibility as the antecedents of the SSC. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Chinese Management Studies Emerald Publishing

Fast adaptation, strategic flexibility and entrepreneurial roles

Chinese Management Studies , Volume 5 (3): 16 – Aug 30, 2011

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References (68)

Publisher
Emerald Publishing
Copyright
Copyright © 2011 Emerald Group Publishing Limited. All rights reserved.
ISSN
1750-614X
DOI
10.1108/17506141111163354
Publisher site
See Article on Publisher Site

Abstract

Purpose – Strategic change is critical for firms suffering greater environmental uncertainty, but how can firms change their strategies quickly? The purpose of this paper is to examine the impact of entrepreneurial orientation (EO) on the speed of strategic change (SSC) together with the moderating effect of strategic flexibility (composed of resource flexibility (RF) and coordination flexibility (CF)). Design/methodology/approach – A survey instrument of 351 Chinese firms obtained through the face‐to‐face interview method is used to empirically test the hypotheses. Findings – This study finds that EO has a positive impact on the SSC. In addition, the moderating effect of RF on the relationship between EO and the SSC is inverse U‐shaped, while that of CF is positive. The findings indicate that both EO and strategic flexibility are important antecedents of the SSC. Originality/value – This study adds an in‐depth understanding on the roles of EO and strategic flexibility as the antecedents of the SSC.

Journal

Chinese Management StudiesEmerald Publishing

Published: Aug 30, 2011

Keywords: China; Organizational change; Entrepreneurial orientation; Speed of strategic change; Strategic flexibility; Corporate strategy

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