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Item type:Publication, Assessing the impact of corporate entrepreneurship in the financial performance of subsidiaries of Colombian business groups: under environmental dynamism moderation(Springer Science and Business Media Deutschland GmbH, 2021-12-01)Corporate entrepreneurship creates opportunities in employment, technological advances, value creation, and cultural transformation for entrepreneurial ecosystems, entrepreneurs, governments, economies, and society around the globe. The of this study is to assess the impact of corporate entrepreneurship on the financial performance of subsidiaries in Colombian business groups under the moderating effect of the environmental dynamism, because the relationship between corporate entrepreneurship and financial performance in emerging economies must differ from developed economies. Using a cross-sectional structural equation modeling analysis, this study assessed the impact of entrepreneurial orientation and corporate venturing on the firm financial performance of 87 subsidiaries of Colombian business groups at different levels of environmental dynamism. This study also confirms that the relationship between corporate entrepreneurship and performance is context-dependent and that entrepreneurial orientation has a strong and positive causal relationship with corporate venturing. Additionally, subsidiaries of Colombian business groups increase their financial performance when also does the entrepreneurial orientation, and decrease financial performance when so does corporate venturing. Furthermore, the results show that environmental dynamism does not have a moderating effect on the relationship between corporate entrepreneurship of subsidiaries in Colombian business groups and their performance. This paper would contribute to important areas in Latin America business, where such studies are scarce. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Corporate Entrepreneurship and Firm Performance Relationship Under the Moderating Effect of Environmental Dynamism: Replication and Extension Analysis(Springer, 2023-12-01)The purpose of this research is to understand the relationship between corporate entrepreneurship and firm performance of large firms in emerging economies, with consideration of the moderating effect of environmental dynamism. This is a quantitative and cross-sectional study, utilizing a multivariate second-order hierarchical component model. The partial least squares structural equation modeling method was employed for analysis. The findings indicate a highly positive impact of entrepreneurial orientation on profitability, while corporate venturing had a high but negative impact on profitability. Regarding the growth model, it was shown that entrepreneurial orientation had a positive but statistically insignificant impact on firm growth, while corporate venturing had a highly negative but statistically insignificant impact on firm growth. Interestingly, the results indicate that environmental dynamism did not have a moderating effect in this context. This paper has significant implications for senior management decision-making regarding the importance of corporate entrepreneurship in the growth and profitability of companies. It is recommended that large companies invest in entrepreneurial orientation because of its positive influence on profitability. This research fills a gap in the literature on the relationship between corporate entrepreneurship and firm performance in large companies in emerging economies. It highlights the importance of context-specific contingencies to the impact of corporate entrepreneurship on the performance of large companies and cautions against generalizing results across different countries, even those with seemingly similar contexts. The study confirms the positive relationship between entrepreneurial orientation and corporate profitability, particularly for large companies. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, How Strategic Agility Translates Into Organizational Performance: The Roles of Organizational Resilience and Business Model Innovation(Wiley, 2026-01-01)Drawing on the dynamic capabilities framework, this study addresses whether strategic agility directly influences organizational performance or operates through underlying mechanisms. We propose and test a dual‐path model in which strategic agility affects performance through organizational resilience and business model innovation. Data from 241 firms in Metropolitan Lima, Peru, were analyzed using PLS‐SEM. Results show that the effect of strategic agility on performance is primarily indirect, operating through both pathways rather than through direct effects. This finding refines the dynamic capabilities perspective by indicating that the performance effects of higher‐order capabilities may be realized indirectly through the organizational mechanisms they enable, positioning strategic agility as an enabling capability. Contrary to dominant expectations, environmental dynamism does not moderate the relationships between strategic agility, organizational resilience, business model innovation, and organizational performance, suggesting that the value of dynamic capabilities may reflect offsetting forces or operate consistently across varying levels of environmental dynamism. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, From Strategy to Maintenance: Evidence From Capital-Intensive Organizations(Institute of Electrical and Electronics Engineers Inc., 2026-01-01)Industrial digitalization and the adoption of smart technologies have transformed asset management in capital-intensive sectors. Despite these advancements, little is known about how organizations translate their strategic orientation into tangible operational outcomes. This study examines how Entrepreneurial Orientation (EO) drives Operational Performance (OP) through Smart Maintenance (SM), considering Environmental Dynamism (ED) as a moderating factor. Drawing on the Dynamic Capabilities Theory (DCT) and the Contingency Theory (CT), a mediated and moderated model integrating strategic and operational domains is proposed. A cross-sectional quantitative approach using partial least squares structural equation modeling (PLS-SEM) was applied to a sample of 204 industrial firms in the manufacturing and mining sectors in Peru. The results showed that EO significantly influenced SM (β = 0.51; p < 0.001) and that SM improved OP (β = 0.35; p < 0.001), providing evidence of the partial mediation of SM between EO and OP. ED showed direct positive effects on both SM and OP, although its moderating influence on EO-related paths was not significant. The model achieved R² = 0.37 for OP and R² = 0.36 for SM, with satisfactory predictive validity (Q² > 0). These findings enhance the understanding of SM as a translation mechanism between strategy and performance, reinforcing the importance of aligning entrepreneurial capabilities, technology, and environmental dynamism to improve operational competitiveness in emerging economies.1