Entrepreneurial management and technology-based firm performance

This research explores the relationship between entrepreneurial management (EM) and the performance or growth of firms in the Multimedia Super Corridor of Malaysia. A common opinion and assumption shared among many scholars on this subject is that there is a positive relationship between entrepreneurial behaviours and organizational profitability. In other words they believe that entrepreneurially-managed firms tend to register higher performance and growth.
This research adopts Stevenson’s (1983) approach on entrepreneurial management, which was developed, and operationalised thoroughly by Brown et al. (2001). Included in the Stevenson’s six dimensional construct of EM which was considered as firm-level measurement of entrepreneurial inclination of the firm as operationalised by Brown et al. (2001) are Strategic Orientation; Resource Orientation; Management Structure; Reward Philosophy; Growth Orientation; and Entrepreneurial Culture.
The results reveal that EM to some extent does contribute significantly and positively to firms’ performance. The results also indicate that three dimensions of EM approach namely Growth Orientation, Strategic Orientation and Management Structure were the best predictors of firm performance.