Figure 2.
The top chart for small firms displays a gradual rise in profitability with increasing entrepreneurial orientation, showing a weak upward trend. The middle chart for medium firms reveals a consistent positive linear relationship, with profitability increasing steadily across all levels of entrepreneurial orientation. The bottom chart for large firms presents an inverted U-shape, similar to the all-firms pattern, where profitability peaks at moderate entrepreneurial orientation values before declining. All charts include shaded 95 percent confidence intervals, indicating varying degrees of precision across firm sizes.Plots of EO on profitability based on firm size