A Bayesian operationalization of the resource-based view

Article Abstract:

A Bayesian operationalization of the resource-based view is presented and an attempt is made to explain that the gap between the theoretical utility and the practical utility of the resource-based view (RBV) could be reduced by operationalizing the theory more consistently with Penrose's original framework. It is seen that the Bayesian methodology used is more consistent with RBV as a theory of outliners as compared to the traditional classical statistical approaches.

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Knowledge-based resources, entrepreneurial orientation, and the performance of small and medium-sized businesses

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The fact that firm's entrepreneurial strategic orientation (EO) play an important aspect in the organization of firm, is analyzed. Results indicate that knowledge-based resources are positively related to firm performance and EO enhances this relationship.

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An operationalization of Stevenson's conceptualization of entrepreneurship as opportunity-based firm behavior

Article Abstract:

A multifaceted measurement instrument was developed to illustrate Howard Stevenson's entrepreneurial management concept. The validity of this instrument will make further entrepreneurial research possible.

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