摘要:Software firm managers require a solid understanding of software firm behavior, particularly the effectof their firms entrepreneurial and software characteristics on performance. Thus, this study investigates theeffects of two entrepreneurial characteristics (innovativeness and risk taking) on two software characteristics(innovativeness and standardization) which lead to software flexibility and performance. This study alsoexamines the moderating role of the regulatory environment in the relationships between entrepreneur and SWcharacteristics. Data from 257 domestic Korean software firms were collected from a random sample. Thestructural equation model was formed using AMOS 19.0 to test the proposed hypotheses. The results indicatethat the two entrepreneur variables had positive effects on SW characteristics which in turn had a positiveeffect on software flexibility and performance. Moreover, the regulatory environment had positive effects asa moderator between entrepreneurial and software characteristics.