Entrepreneurial alertness: A mechanism for innovation and growth in an emerging economy

IF 4.9 2区 管理学 Q1 MANAGEMENT Asia Pacific Journal of Management Pub Date : 2024-08-20 DOI:10.1007/s10490-024-09978-w
Stephen E. Lanivich, Nadia Zahoor, Francis Donbesuur, Domnan Miri, Samuel Adomako
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Abstract

In this study, we draw from the conservation of resources theory to develop and test a model on the processes through which resiliency influences two entrepreneurial strategies, product differentiation and international diversification. Results from 226 entrepreneurs in Pakistan demonstrate that psychological resiliency predicts product diversification and international diversification through entrepreneurial alertness. Also, we find that institutional voids moderate the relationship between entrepreneurial alertness, product diversification, and international diversification. Our theorizing advances entrepreneurial alertness as a lynchpin variable for operationalizing founders’ characteristics to affect innovation and expansion efforts. Furthermore, by demonstrating the complementary effect of institutional voids on the entrepreneurial alertness–product differentiation and entrepreneurial alertness–international diversification relationships, we draw the attention of entrepreneurs to the brighter side of institutional voids. This is an important addition to international entrepreneurship literature and a critical contextual contribution to entrepreneurial alertness theory development because limited attention is devoted to examining how resiliency promotes entrepreneurial alertness for facilitating product differentiation and international diversification strategies in the Asia Pacific region.

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创业警觉性:新兴经济体的创新和增长机制
在本研究中,我们借鉴了资源保护理论,建立并检验了一个模型,说明复原力影响产品差异化和国际多元化这两种创业战略的过程。来自巴基斯坦 226 名创业者的研究结果表明,心理复原力可以通过创业警觉性预测产品多样化和国际多样化。此外,我们还发现,制度空白会缓和创业警觉性、产品多样化和国际多样化之间的关系。我们的理论推进了创业警觉性的发展,使其成为操作创始人特征影响创新和扩张努力的关键变量。此外,通过证明制度空白对创业警觉性-产品差异化和创业警觉性-国际多元化关系的互补作用,我们提请创业者注意制度空白的光明面。这是对国际创业文献的重要补充,也是对创业警觉性理论发展的重要背景贡献,因为在亚太地区,人们对弹性如何促进创业警觉性以推动产品差异化和国际多元化战略的研究十分有限。
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来源期刊
CiteScore
9.70
自引率
9.30%
发文量
56
期刊介绍: The Asia Pacific Journal of Management publishes original manuscripts on management and organizational research in the Asia Pacific region, encompassing Pacific Rim countries and mainland Asia. APJM focuses on the extent to which each manuscript addresses matters that pertain to the most fundamental question: “What determines organization success?” The major academic disciplines that we cover include entrepreneurship, human resource management, international business, organizational behavior, and strategic management. However, manuscripts that belong to other well-established disciplines such as accounting, economics, finance, marketing, and operations generally do not fall into the scope of APJM. We endeavor to be the major vehicle for exchange of ideas and research among management scholars within or interested in the broadly defined Asia Pacific region.Key features include: Rigor - maintained through strict review processes, high quality global reviewers, and Editorial Advisory and Review Boards comprising prominent researchers from many countries. Relevance - maintained by its focus on key management and organizational trends in the region. Uniqueness - being the first and most prominent management journal published in and about the fastest growing region in the world. Official affiliation - Asia Academy of ManagementFor more information, visit the AAOM website:www.baf.cuhk.edu.hk/asia-aom/ Officially cited as: Asia Pac J Manag
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