Entrepreneurial orientation and new venture performance in emerging markets: the mediating role of opportunity recognition

Abstract How entrepreneurial orientation facilitates the identification of new opportunities in newly established ventures emerging economies remains largely unexplored. Approaching as a second order latent construct, we examined mediating role opportunity recognition on venture performance. Using survey data from 316 SMEs, results analysis SmartPLS highlights that indirectly contributes to performance ventures, where relationship is partially mediated by recognition. The findings show firms with high can identify and exploit well enjoy superior