Entrepreneurial orientation and performance of Turkish manufacturing FDI firms: An empirical study

Abstract

The purpose of this paper is to examine the behavior of emerging market-based foreign direct investment firms from the perspective of international entrepreneurship. Based on the previous literature we have identified the dimensions of international entrepreneurship as proactiveness, risk taking and innovation. We collected data from 94 Turkish manufacturing foreign direct investment firms on these dimensions by means of cross-sectional survey. Utilizing the collected data, this study shows that sampled FDI firms' entrepreneurial orientations are high oil the overall. Widely recognized dimensions of international entrepreneurial orientation (i.e., innovation, proactiveness, and risk taking) are applicable to explain Turkish firms' behavior Two dimensions of entrepreneurial orientation, innovation and proactiveness positively and significantly affect performance of foreign equity ventures.