Failure learning orientation, entrepreneurial orientation, and financial performance among U.S. biotechnology firms
研究了美国生物技术企业中失败学习导向在创业导向与财务绩效关系中的中介作用，发现两者对绩效有独立影响。
This article offers a new perspective on the entrepreneurial orientation, learning, and performance relationship by exploring the role of a new learning typology. Specifically, the mediating role of failure learning orientation in the entrepreneurial orientation and financial performance relationship among U.S. biotechnology companies is explored. Failure learning orientation and entrepreneurial orientation were found to have independent effects on performance. This study adds depth to the understanding of entrepreneurial orientation and firm-level learning as well as furthers the empirical examination of a new strategic orientation that conceptualizes learning from failure.