The role of entrepreneurial orientation in tangible and intangible resource acquisition and new venture growth

This study scrutinizes the mediating role of tangible-intangible resources between entrepreneurial orientation and new venture growth. We analyzed the data of 308 Pakistani manufacturing-SMEs through the AMOS. The results displayed that risk-taking and innovation significantly while proactive do not influence new venture growth. Risk-taking, innovativeness, and proactiveness significantly influence tangible-intangible resources. Tangible-intangible resource acquisition does not mediate between risk-taking and new venture growth; however, it partially mediates between innovativeness and new venture growth and fully mediates between proactiveness and new venture growth. This research recommends owners/managers of new ventures to emphasize entrepreneurial activities to access external resources for survival.