Assessing the Psychometric Properties of the Entrepreneurial Orientation Scale: A Multi-Country Analysis

Abstract

This study utilized data from 1,067 firms In six countries to clarify the psychometric properties of the entrepreneurial orientation (EO) measure. The first research question addressed dimensionality and explored whether EO achieved the best model fit when structured as a one-, two-, or three-dimensional measure. The results of a confirmatory factor analysis in LISREL supported modeling entrepreneurial orientation with three sub-dimensions: innovation, proactiveness, and risk-taking. The second research question addressed the extent to which the three sub-dimensions of the entrepreneurial orientation measure co-varied with one another. Correlation analysis revealed that the three sub-dimensions of EO are able to vary independently of one another in many situations. This study also provided strong support for the cross-cultural validity of the Covin and Slevin EO scale.