EXPLORING THE ANTECEDENTS OF ENTREPRENEURIAL ORIENTATION IN RUSSIAN SMES: THE ROLE OF INSTITUTIONAL ENVIRONMENT

The concept of entrepreneurial orientation attracts a lot of attention in empirical studies on entrepreneurship and is recognized as an important factor enhancing firm performance. The paper examines the impact of the institutional environment on the development of entrepreneurial orientation (EO) in SMEs from emerging markets, on example of Russia, on the dataset of 500 SMEs. This study contributes to research on EO on emerging markets, considering the institutional factors as antecedents of EO development in SMEs. Executive summary is available at p. 30.