Entrepreneurial Orientation (EO)
An Organizational Strategic Posture
EO Research Quotes
"An entrepreneurial firm is one that engages in product-market
innovation, undertakes somewhat risky ventures, and is first to come up with
'proactive' innovations, beating competitors to the punch.
A non-entrepreneurial firm
is one that innovates very little, is highly risk averse, and imitates the moves of
competitors instead of leading the way."
Miller, D. (1983). The correlates of entrepreneurship in three types of firms.
Management Science, 29(7), 770-791.