The United States Association for Small Business and Entrepreneurship Conference (USASBE 2018) took place on January 10-14, 2018 in Los Angeles, California (USA).

Researchers from GSOM SPbU took part in the conference by presenting the paper “Institutional Determinates of the Entrepreneurial Orientation-Performance Relationship across 41 Countries” (by Shirokova G. (GSOM SPbSU, Russia), Beliaeva T. (GSOM SPbSU, Russia), Wales W. (University at Albany-SUNY, USA), Marino L. (The University of Alabama, USA)). On results of the conference the paper received the Best Empirical Paper Award.

Information on the paper:

The paper is devoted to investigation of the impact of institutional environment on the relationship between entrepreneurial orientation and firm performance globally across 41 countries. Based on Whitley’s national business systems institutional framework and employing data from a large-scale cross-country study of student entrepreneurship (GUESSS) conducted in 2016 (n = 6389 active start-up founders), it examines the extent to which national-level institutions influence the EO-performance linkage. The study revealed that financial systems and supportive cultures enhance the benefits a firm receives by adopting an entrepreneurial strategic orientation, whereas legal and educational systems appear to weaken the positive EO effect on performance.