The effect of entrepreneurial and learning orientations on financial performance in a transition economy: evidence from forest contracting firms in southern Poland

摘要

This study examines the role of entrepreneurial orientation (EO) and learning orientation (LO) in the financial success of forest contracting firms. Both EO and LO have previously been understood to positively affect a firm's financial performance, but extant literature has not considered those links in a transition economy. Partially addressing this gap, we execute this study in a Polish context. Using data obtained through a mail survey of 101 owners of forest contracting firms (34% response rate), we found that both EO and LO have a positive and significant effect on financial performance.