Entrepreneurial orientation and New Zealand family business growth performance: environmental effects

Abstract

ABSTRACT There has been extensive study in the entrepreneurial orientation domain (EO) from uni-dimensional and multidimensional perspectives and relationships between EO and business growth performance. There has been limited study concerning the EO family and small business relationship and environmental impact from New Zealand perspective. Focusing on family business, this research examined the EO and New Zealand family business growth performance and the environmental effects on the relationship. This research adopted a quantitative method, collected data from 117 participants. Partial least structure and structural equation model analysis were used to test seven hypothesis on the relationship of EO and family business growth performance, the influence of dynamic and hostile environments on the relationship. It was found EO dimension variables were a strong predictor of family business growth performance, EO family business positively related, and that environmental factors strongly mediate the relationship between EO and family growth.