Metacognition, entrepreneurial orientation, and firm performance : An upper echelons view
Book chapter
Najmaei, Arash and Sadeghinejad, Zahra. (2019). Metacognition, entrepreneurial orientation, and firm performance : An upper echelons view. In In Caputo, Andrea and Pellegrini, Massimiliano M. (Ed.). Contributions to management science pp. 79-114 Springer. https://doi.org/10.1007/978-3-030-19685-1_5
Authors | Najmaei, Arash and Sadeghinejad, Zahra |
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Editors | Caputo, Andrea and Pellegrini, Massimiliano M. |
Abstract | Upper echelons theory suggests that cognitive diversity in top management teams (TMTs) affects firms’ operation and performance. Prior research in this stream has focused primarily on lower-order cognitive factors, such as beliefs, perceptions, and preferences, rather than higher-order ones, known as metacognitive abilities. This study is an early, perhaps the first, attempt to begin this line of enquiry. Adopting a multidimensional view of entrepreneurial orientation, we propose that diversity in the metacognitive ability of top teams has different impacts on each dimension of the team’s entrepreneurial behavior and through this firm performance. Our empirical analysis, based on data from 105 TMTs of Australian small- and medium-sized enterprises (SMEs), partially supports our theorization. We found that while metacognitive diversity is positively associated with the innovative endeavors of TMTs, it has no significant effects on their risk-taking and proactive behaviors. We found additional evidence that each aspect of the TMT’s entrepreneurial orientation has a different implication for firm performance. Overall, our research offers novel and more nuanced insights into how and when diversity in the metacognitive ability of TMTs matters for the performance of the firm. |
Keywords | top management team; diversity; metacognition; entrepreneurial orientation; firm performance |
Page range | 79-114 |
Year | 2019 |
Book title | Contributions to management science |
Publisher | Springer |
Place of publication | Cham |
Edition | 1st ed. |
Series | Contributions to Management Science |
ISBN | 9783030196844 |
9783030196875 | |
9783030196851 | |
Digital Object Identifier (DOI) | https://doi.org/10.1007/978-3-030-19685-1_5 |
Publisher's version | License All rights reserved File Access Level Controlled |
Output status | Published |
Publication dates | |
Online | 03 Aug 2019 |
Publication process dates | |
Deposited | 01 Sep 2021 |
https://acuresearchbank.acu.edu.au/item/8wqzq/metacognition-entrepreneurial-orientation-and-firm-performance-an-upper-echelons-view
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