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Error Orientation and Entrepreneurial Decision Making in Chinese Enterprises: Opportunity Identification As Mediator
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Error Orientation and Entrepreneurial Decision Making in Chinese Enterprises: Opportunity Identification As Mediator
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Journal Article
Error Orientation and Entrepreneurial Decision Making in Chinese Enterprises: Opportunity Identification As Mediator
2016
Overview
We examined how error orientation and opportunity identification behavior relate to entrepreneurial decision making in Chinese small and medium enterprises (SMEs) and how these perceptions of opportunity identification mediate the effects of error orientation on entrepreneurial decision
making. We analyzed 187 questionnaires from participants in SME firms in China. The results indicated that perceived error orientation and opportunity identification were related to and explained variance in entrepreneurial decision making. Opportunity identification also fully or partially
mediated the relationship between error orientation and entrepreneurial decision making. Elevating opportunity identification beliefs and clarifying an entrepreneur's understanding of the importance of opportunity identification for the functionality and effectiveness of his/her firm can help
promote entrepreneurial decision making. Alertness to error orientation can contribute to the development of stronger perceptions of entrepreneurial opportunity identification and lead to better entrepreneurial decision making.
Publisher
Scientific Journal Publishers,Scientific Journal Publishers, Ltd,Scientific Journal Publishers Ltd
