Abstract:
Despite the low theoretical developments in the Entrepreneurial Venture Growth literature,
entrepreneurial ventures require growth to provide economic development, to create wealth and
employment. However, some entrepreneurial ventures register for high growth whereas others do
not. Adding to that, Azevedo, & Ortiz (2011) write, the main cause for firm growth and success
can be found inside of the firm. Despite the wide ranging factors ‘inside the firm’, Entrepreneurial
Orientation (EO) acts as the strategy of an entrepreneur and the notion of Core Competencies (CC)
covers intrinsic resources and capabilities of the entrepreneurial venture. Given these two
antecedents of entrepreneurial venture growth, we intend to develop a comprehensive theoretical
model of Entrepreneurial Venture Growth. Pertaining main propositions and sub-propositions
were developed based on the constructs identified. Entrepreneurial Orientation viewed in a five
dimensional framework and Core Competencies was defined rationally. Moderators of
entrepreneurial venture growth and core constructs were conceptualized and rationalized and the
theoretical framework developed subsequently. We argue that the associated concepts (EO and
CC) can be justified as predictors of Entrepreneurial Venture Growth. Also, the application of
these constructs in a different setting has important implications. We suggest more scholarly
investigations are required in this regard.
