Organizational preparedness for corporate entrepreneurship and psychological capital: does the managerial level matter?

摘要

This study explores the effects of organizational preparedness for corporate entrepreneurship (OPCE) on psychological capital and innovative behaviour in South Korean small and medium-sized enterprises (SMEs), with a particular focus on the moderating effects of the managerial level. Building on the literature review regarding the OPCE and psychological capital, hypotheses are constructed and tested using a sample of 217 collected from middle managers of South Korean SMEs. Regarding analytical techniques, structural equation modelling and moderated regression analysis were applied. Results indicate that two of the four OPCE dimensions affect the development of psychological capital. More notably, this study finds that the relationship between middle managers? perception of OPCE dimensions and psychological capital is more significantly positive for higher level managers than for lower level managers. It also finds that innovative behaviour is driven by psychological capital. Contributions, implications and limitations with suggestions for future studies are presented.