Entrepreneurial orientation and entrepreneurial passion in Peruvian firms: a structural equation modeling analysis
DOI:
https://doi.org/10.36097/rsan.v1i67.3719Keywords:
Entrepreneurial orientation, Entrepreneurial passion, MSMEs, Organizational behaviorAbstract
This study aimed to analyze the relationship between entrepreneurial orientation and entrepreneurial passion in the context of Peruvian micro, small, and medium-sized enterprises (MSMEs). A quantitative, cross-sectional, and non-experimental study was conducted with 332 employees from MSMEs in the manufacturing and agricultural sectors located in Lima, Arequipa, and the Constitutional Province of Callao. Data were collected using validated scales of entrepreneurial orientation and entrepreneurial passion. The analysis included descriptive statistics, assessment of normality, confirmatory factor analysis, reliability and validity tests, and structural equation modeling using IBM SPSS Statistics and AMOS. The results showed a positive and statistically significant relationship between entrepreneurial orientation and entrepreneurial passion. In addition, the model exhibited acceptable levels of fit, reliability, and validity for the constructs analyzed, supporting the proposed hypothesis. It was concluded that entrepreneurial orientation was positively associated with entrepreneurial passion in the MSMEs studied, highlighting the relevance of promoting organizational practices related to innovation, proactiveness, autonomy, competitiveness, and risk-taking. The findings should be interpreted considering the cross-sectional nature of the study and the use of employees’ perceptions.
Downloads
References
Adomako, S., Mole, K.F., Franklin, R.J., & Murnieks, C.Y. (2022). Entrepreneurial passion and venture profit: Examining the moderating effects of political connections and environmental dynamism in an emerging market. International Small Business Journal, 41(2), 204-232. https://doi.org/10.1177/02662426221085182
Anderson, J., & Gerbing, D. (1988). Structural equation modelling in practice: A review and recommended two-step approach. Psychological Bulletin, 103(3), 411-423. https://doi.org/10.1037/0033-2909.103.3.411
Anwar, M., Clauss, T., & Issah, W.B. (2021). Entrepreneurial orientation and new venture performance in emerging markets: the mediating role of opportunity recognition. Review of Managerial Science, 16(5), 1-28. https://doi.org/10.1007/s11846-021-00457-w
Bedoya, M.A., Pérez, E., Zapata-Molina, Hugo BaierFuentes, Hernández, B.Y. (2024). Entrepreneurial Orientation and Transformational Leadership for the Development of Innovation Capabilities. Quality Innovation Prosperity, 28(1):174-192. https://doi.org/10.12776/qip.v28i1.1895
Breugst, N., Domurath, A., Patzelt, H., & Klaukien, A. (2012). Perceptions of entrepreneurial passion and employees’ commitment to entrepreneurial ventures. Entrepreneurship Theory and Practice, 36(1), 171-192. https://doi.org/10.1111/j.1540-6520.2011.00491.x
Byrne, B. (2016). Structural Equation Modeling with AMOS. Basic Concepts, Applications and Programming (3rd ed.). Routledge.
Cardon, M. S., Sudek, R. & Mitteness, C. (2009). The impact of perceived entrepreneurial passion on angel investing. Frontiers of Entrepreneurship Research, 29(2), 2-17. http://digitalknowledge.babson.edu/fer/vol29/iss2/1
Cardon, M. S., Glauser, M., & Murnieks, C. Y. (2017). Passion for what? Expanding the domains of entrepreneurial passion. Journal of Business Venturing Insights, 8, 24-32. doi: https://doi.org/10.1016/j.jbvi.2017.05.004
Covin, J. G., & Lumpkin, G. T. (2011). Entrepreneurial orientation theory and research: Reflections on a needed construct. Entrepreneurship: Theory and Practice, 35(5), 855–872. https://doi.org/10.1111/j.1540-6520.2011.00482.x
Escamilla-Fajardo, P., Alguacil, M. & Gómez-Tafalla, A.M. (2021). Effects of Entrepreneurial Orientation and Passion for Work on Performance Variables in Sports Clubs. Sustainability, 13(5), 2920, 1-15. https://doi.org/10.3390/su13052920
Feng, B. & Chen, M. (2020). The impact of entrepreneurial passion on psychology and behavior of entrepreneurs. Frontiers in Psychology, 11, 1733, 1-14. https://doi.org/10.3389/fpsyg.2020.01733
Ferreira-Neto, M.N., de Carvalho Castro, J.L., de Sousa-Filho, J.M. & de Souza Lessa, .B. (2023). The role of self-efficacy, entrepreneurial passion, and creativity in developing entrepreneurial intentions. Frontiers in Psychology, 14:1134618, 1-14. https://doi.org/10.3389/fpsyg.2023.1134618
Flores-Pérez, J.J. & Guevara, R. (2023). Mediating effect of entrepreneurial passion in the relationship between entrepreneurial orientation and innovative work behavior. Measuring Business Excellence, 27(3), 483-500. https://doi.org/10.1108/MBE-10-2022-0126
Fornell, C., & Larcker, D. F. (1981). Structural Equation Models with Unobservable Variables and Measurement Error: Algebra and Statistics. Journal of Marketing Research, 18(3), 382-388. https://doi.org/10.2307/3150980
Gielnik, M.M., Uy, M.A., Funken, R., & Bischoff, K.M. (2017). Boosting and sustaining passion: a long-term perspective on the effects of entrepreneurship training. Journal of Business Venturing, 32(3), 334-353. https://doi.org/10.1016/j.jbusvent.2017.02.003
Hair, J., Hult, G., Ringle, C., & Sarstedt, M. (2018). A primer on partial least squares structural equation modeling (2da. Ed.). Sage.
Hughes, M. & Morgan, R.E. (2007). Deconstructing the relationship between entrepreneurial orientation and business performance at the embryonic stage of firm growth. Industrial Marketing Management, 36 (5), 651–661. https://doi.org/10.1016/j.indmarman.2006.04.003
Jalilvand, M.R.; Pool, J.K.; Jamkhaneh, H.B.; Tabaeeian, R.A. (2018). Total quality management, corporate social responsibility and entrepreneurial orientation in the hotel industry. Social Responsibility Journal, 14(3), 601-618. https://doi.org/10.1108/SRJ-04-2017-0068
Keith, T. (2019). Multiple regression and beyond: An introduction to multiple regression and structural equation modeling (3ra. Edition). Routledge.
Kim, T-Y., Wang, X. & Liu, Z. (2024). Effects of Entrepreneurial Orientation Within Organizations: The Role of Passion for Inventing and Organizational Identification. Journal of Management, 50(7), 2784–2817. https://doi.org/10.1177/01492063231177232
Kline, R. (2016). Principles and practice of structural equation modeling (4th ed.). Guilford Press.
Lumpkin, G., & Dess, G. (1996). Clarifying the entrepreneurial orientation construct and linking it to performance. Academy of Management Review, 21(1), 135–172. http://www.jstor.org/stable/258632
Miller, D. (1983). The correlates of entrepreneurship in three types of firms. Management Science, 29(7), 770-791. http://dx.doi.org/10.1287/mnsc.29.7.770
Ministerio de la Producción. (2024). Las Mipymes en cifras 2022. Oficina General de Evaluación de Impacto y Estudios Económicos. https://www.producempresarial.pe/wp-content/uploads/2025/11/La-Mipyme-en-Cifras-2024_.pdf
Montiel-Campos, H. (2017). Impact of entrepreneurial passion on entrepreneurial orientation with the mediating role of entrepreneurial alertness for technology-based firms in Mexico. Journal of Small Business and Enterprise Development, 24(2), 353–374. https://doi.org/10.1108/jsbed-10-2016-0166
Newman, A., Obschonka, M., Moeller, J., & Chandan, G. G. (2021). Entrepreneurial passion: A review, synthesis and agenda for future research. Applied Psychology, 70(1), 1-46. https://doi.org/10.1111/apps.12236
Rauch, A., Wiklund, J., Lumpkin, G., & Frese, M. (2009). Entrepreneurial orientation and business performance: An assessment of past research and suggestions for the future. Entrepreneurship: Theory and Practice, 33(3), 761-787. https://doi.org/10.1111/j.1540-6520.2009.00308.x
Schumacker, R & Lomax, R. (2016). A beginner’s guide to structural equation modeling. Fourth edition. Routledge.
Su, X., Liu, S., Zhang, S. & Liu, L. (2020). To be happy: A case study of entrepreneurial motivation and entrepreneurial process from the perspective of positive Psychology. Sustainability, 12(2), 1-27. https://doi.org/10.3390/su12020584
Udin, U. (2022). Knowledge Sharing and Innovative Work Behavior: Testing the Role of Entrepreneurial Passion in Distribution Channel. Journal of Distribution Science, 20(2), 79-89. http://dx.doi.org/10.15722/jds.20.02.202202.79
Zhao, S., Zhou, Y., Guan, H. & Xu, W. (2021). Entrepreneurial Passion Psychology-Based Influencing Factors of New Venture Performance. Frontiers in Psychology, 12(696963), 1-11. https://doi.org/10.3389/fpsyg.2021.696963
Zollo, L., Rialti, R., Tron, A., & Ciappei, C. (2021). Entrepreneurial passion, orientation and behavior: the moderating role of linear and nonlinear thinking styles. Management Decision, 1-8. https://doi.org/10.1108/MD-10-2019-1500
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Santiago Leal Paredes, Cecilia Gutiérrez-Núñez, Cecilia Torres-Pino
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
