Pub Date : 2022-05-31DOI: 10.1142/s0218495822500054
E. Daniel, Robyn Owen
Despite the significant economic, innovative and social contributions of home-based self-employment, it is an under-researched and under-theorised area. We address this gap by drawing from established entrepreneurial theory to propose and validate a more complete theoretical model that combines personal, household and employment influences. We validate our proposed model by drawing on quantitative data from a large-scale, longitudinal, UK-based, social studies dataset. Our validated model demonstrates how and why antecedent and current household and employment factors, but not personal factors, associated with being home-based interact and provide constitutive affordances that result in a setting for self-employment that is unique in more fundamental ways than simply the home location of the business. Despite being responsible for some of the world’s most innovative and successful businesses, home-based businesses are often denigrated as lacking ambition or growth potential. The results of our analysis vindicate the choices of the home-based self-employed, by demonstrating that basing a business in the home is a rational choice based on an intersection of household and employment characteristics. The data used in this study predates the COVID-19 pandemic. However, it is expected that home-based self-employment will grow significantly following the pandemic in response to increasing acceptance of home-working. It therefore behoves entrepreneurship scholars to have a robust understanding of this previously overlooked type of self-employment if we are to be able to provide guidance to policymakers and self-employment support services.
{"title":"Home-Based Self-Employment: Combining Personal, Household and Employment Influences","authors":"E. Daniel, Robyn Owen","doi":"10.1142/s0218495822500054","DOIUrl":"https://doi.org/10.1142/s0218495822500054","url":null,"abstract":"Despite the significant economic, innovative and social contributions of home-based self-employment, it is an under-researched and under-theorised area. We address this gap by drawing from established entrepreneurial theory to propose and validate a more complete theoretical model that combines personal, household and employment influences. We validate our proposed model by drawing on quantitative data from a large-scale, longitudinal, UK-based, social studies dataset. Our validated model demonstrates how and why antecedent and current household and employment factors, but not personal factors, associated with being home-based interact and provide constitutive affordances that result in a setting for self-employment that is unique in more fundamental ways than simply the home location of the business. Despite being responsible for some of the world’s most innovative and successful businesses, home-based businesses are often denigrated as lacking ambition or growth potential. The results of our analysis vindicate the choices of the home-based self-employed, by demonstrating that basing a business in the home is a rational choice based on an intersection of household and employment characteristics. The data used in this study predates the COVID-19 pandemic. However, it is expected that home-based self-employment will grow significantly following the pandemic in response to increasing acceptance of home-working. It therefore behoves entrepreneurship scholars to have a robust understanding of this previously overlooked type of self-employment if we are to be able to provide guidance to policymakers and self-employment support services.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44308918","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study draws upon institutional theory to investigate how the country’s institutional framework fosters start-up activities or causes a bottleneck that diminishes Austrians’ entrepreneurship. Through a multiple case study approach based on in-depth interviews with five start-up founders, our findings illustrate the impacts of the Austrian institutional environment on new venture initiatives. Among many institutional factors, incubation centres, administrative bureaucracies, and financial burdens appear to have the strongest effects on early-stage start-up activities in Austria. This paper concludes by providing theoretical insight and political implications on establishing institutional systems that streamline interactions between government, the local community, and start-up companies.
{"title":"The Influence of Institutional Environment on the Development of Technology-Intensive Start-Ups: The Case of Austria","authors":"Yu-Yu Chang, Wisuwat Wannamakok, Katharina Schatzl","doi":"10.1142/s021849582250008x","DOIUrl":"https://doi.org/10.1142/s021849582250008x","url":null,"abstract":"This study draws upon institutional theory to investigate how the country’s institutional framework fosters start-up activities or causes a bottleneck that diminishes Austrians’ entrepreneurship. Through a multiple case study approach based on in-depth interviews with five start-up founders, our findings illustrate the impacts of the Austrian institutional environment on new venture initiatives. Among many institutional factors, incubation centres, administrative bureaucracies, and financial burdens appear to have the strongest effects on early-stage start-up activities in Austria. This paper concludes by providing theoretical insight and political implications on establishing institutional systems that streamline interactions between government, the local community, and start-up companies.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46988848","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1142/s0218495822500042
Azzedine Tounés, Mourad Mahmoudi
This article studies the entrepreneurial intention of Algerian students to explain the weakness in business creation in the country. Theoretical and empirical evidence on this subject is scarce, particularly among young Algerians. By combining two dominant research trends in the field of entrepreneurship, namely an approach based on contextual factors, and one based on individual characteristics, we examined the impact of perceived entrepreneurial climate and entrepreneurial self-efficacy on Algerian students’ entrepreneurial intentions. Our study, contextualized in the student environment, aims to analyze how entrepreneurship education moderated the relationship between entrepreneurial self-efficacy and entrepreneurial intention. Based on a sample of 302 students, our survey yielded two important results. The first was the negative effect of perceived entrepreneurial climate on entrepreneurial intention. The second was that as a moderating factor, entrepreneurship education did not reinforce the significant direct influence of entrepreneurial self-efficacy on the intention to start a business among Algerian students. These insights may help improve the level of entrepreneurial intention within developing countries.
{"title":"The Entrepreneurial Intention of Algerian Students: Between Disillusionment of the Entrepreneurial Climate and Self-Confidence","authors":"Azzedine Tounés, Mourad Mahmoudi","doi":"10.1142/s0218495822500042","DOIUrl":"https://doi.org/10.1142/s0218495822500042","url":null,"abstract":"This article studies the entrepreneurial intention of Algerian students to explain the weakness in business creation in the country. Theoretical and empirical evidence on this subject is scarce, particularly among young Algerians. By combining two dominant research trends in the field of entrepreneurship, namely an approach based on contextual factors, and one based on individual characteristics, we examined the impact of perceived entrepreneurial climate and entrepreneurial self-efficacy on Algerian students’ entrepreneurial intentions. Our study, contextualized in the student environment, aims to analyze how entrepreneurship education moderated the relationship between entrepreneurial self-efficacy and entrepreneurial intention. Based on a sample of 302 students, our survey yielded two important results. The first was the negative effect of perceived entrepreneurial climate on entrepreneurial intention. The second was that as a moderating factor, entrepreneurship education did not reinforce the significant direct influence of entrepreneurial self-efficacy on the intention to start a business among Algerian students. These insights may help improve the level of entrepreneurial intention within developing countries.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48051244","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1142/s0218495822500030
A. Ogunsade, Demola Obembe, K. Woldesenbet, A. Ojebode
A key focus for entrepreneurial development strategies for many economies is to facilitate sustainable and inclusive growth that will create jobs and reduce poverty. Sub-Saharan Africa (SSA) is confronted with institutional challenges in bringing these objectives into fruition. We draw from institutionalism and entrepreneurial governance theory to explore institutional context and challenges to entrepreneurial development and inclusive growth in Africa. We theorize that entrepreneurial governance and public policy must focus on policy direction, enterprise enabling institutions for nascent entrepreneurs, seed funding and local embeddedness to eliminate institutional voids. We provide a dynamic view of institutional context and offer a policy framework to uncover challenges to entrepreneurial emergence and sustainable development in Africa. The study submits that enabling entrepreneurial activities for inclusive growth and sustainable development in Sub-Saharan Africa requires the right institutional and supporting ecosystem.
{"title":"Institutional Change and Entrepreneurial Governance in Sub-Saharan Africa: Implications for Inclusive Growth and Development","authors":"A. Ogunsade, Demola Obembe, K. Woldesenbet, A. Ojebode","doi":"10.1142/s0218495822500030","DOIUrl":"https://doi.org/10.1142/s0218495822500030","url":null,"abstract":"A key focus for entrepreneurial development strategies for many economies is to facilitate sustainable and inclusive growth that will create jobs and reduce poverty. Sub-Saharan Africa (SSA) is confronted with institutional challenges in bringing these objectives into fruition. We draw from institutionalism and entrepreneurial governance theory to explore institutional context and challenges to entrepreneurial development and inclusive growth in Africa. We theorize that entrepreneurial governance and public policy must focus on policy direction, enterprise enabling institutions for nascent entrepreneurs, seed funding and local embeddedness to eliminate institutional voids. We provide a dynamic view of institutional context and offer a policy framework to uncover challenges to entrepreneurial emergence and sustainable development in Africa. The study submits that enabling entrepreneurial activities for inclusive growth and sustainable development in Sub-Saharan Africa requires the right institutional and supporting ecosystem.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42952779","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1142/s0218495822500029
Brahim Gaies, A. Maalaoui, A. Botti, A. Monda
Prior research on pull entrepreneurship sees opportunity perception as dependent on the individual’s cognitive processes and pays relatively less attention to the role of exogenous factors, which influence and shape our belief structures in the first place. To fill this gap, the main aim of the study is to investigate the relationship between exogenous factors, both positive and negative, and individuals’ opportunity perception. A theoretical framework, based on Institutional Theory, is proposed and empirically tested through panel analysis. The data cover 36 OECD countries observed between 2000 and 2014. The results show that opportunity perception is encouraged by positive exogenous factors, e.g., cultural motivation, social recognition; conversely, it is discouraged by negative exogenous factors, e.g. R&D expenditure and female unemployment. The findings also provide new insights into how exogenous factors impact individuals’ perceptions of opportunities for new business creation, highlighting that positive exogenous factors play a more important role than negative exogenous factors in this process. The empirical results confirm the proposed theoretical framework and allow the formulation of interesting theoretical and managerial implications.
{"title":"Investigating Pull-Entrepreneurship: The Effects of Exogenous Factors on Opportunity Perceptions in OECD Countries","authors":"Brahim Gaies, A. Maalaoui, A. Botti, A. Monda","doi":"10.1142/s0218495822500029","DOIUrl":"https://doi.org/10.1142/s0218495822500029","url":null,"abstract":"Prior research on pull entrepreneurship sees opportunity perception as dependent on the individual’s cognitive processes and pays relatively less attention to the role of exogenous factors, which influence and shape our belief structures in the first place. To fill this gap, the main aim of the study is to investigate the relationship between exogenous factors, both positive and negative, and individuals’ opportunity perception. A theoretical framework, based on Institutional Theory, is proposed and empirically tested through panel analysis. The data cover 36 OECD countries observed between 2000 and 2014. The results show that opportunity perception is encouraged by positive exogenous factors, e.g., cultural motivation, social recognition; conversely, it is discouraged by negative exogenous factors, e.g. R&D expenditure and female unemployment. The findings also provide new insights into how exogenous factors impact individuals’ perceptions of opportunities for new business creation, highlighting that positive exogenous factors play a more important role than negative exogenous factors in this process. The empirical results confirm the proposed theoretical framework and allow the formulation of interesting theoretical and managerial implications.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49473367","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1142/s0218495822500017
Florentine U. Salmony, D. Kanbach
Risk-taking propensity is considered a defining characteristic of entrepreneurs. Previous research informs us that risk-taking propensity can be dynamic, changing over the course of an individual’s life, often in response to situational changes. Despite this, temporally driven shifts in entrepreneurs’ risk-taking propensity have been underappreciated by research to date. While some studies investigate risk-taking propensity variation across entrepreneurs in early venture phases, risk-taking propensity differences across all venture phases have not been investigated. To close this gap, we assess variations in risk-taking propensity across groups of entrepreneurs in different venture phases, ranging from early to late stages. In a sample of 266 practicing entrepreneurs, we observe notable differences in risk-taking propensity across venture phases. Early-stage entrepreneurs exhibit higher risk-taking propensity than those in later phases of venture maturity. This has important implications for entrepreneurship research and encourages the consideration of temporal personality variation and differences within the group of entrepreneurs.
{"title":"Changes in Entrepreneurs’ Risk-Taking Propensity Across Venture Phases","authors":"Florentine U. Salmony, D. Kanbach","doi":"10.1142/s0218495822500017","DOIUrl":"https://doi.org/10.1142/s0218495822500017","url":null,"abstract":"Risk-taking propensity is considered a defining characteristic of entrepreneurs. Previous research informs us that risk-taking propensity can be dynamic, changing over the course of an individual’s life, often in response to situational changes. Despite this, temporally driven shifts in entrepreneurs’ risk-taking propensity have been underappreciated by research to date. While some studies investigate risk-taking propensity variation across entrepreneurs in early venture phases, risk-taking propensity differences across all venture phases have not been investigated. To close this gap, we assess variations in risk-taking propensity across groups of entrepreneurs in different venture phases, ranging from early to late stages. In a sample of 266 practicing entrepreneurs, we observe notable differences in risk-taking propensity across venture phases. Early-stage entrepreneurs exhibit higher risk-taking propensity than those in later phases of venture maturity. This has important implications for entrepreneurship research and encourages the consideration of temporal personality variation and differences within the group of entrepreneurs.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41951709","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-26DOI: 10.1142/s0218495821500175
Zohreh Hassannezhad Chavoushi, Dave Valliere
Alertness is a foundational concept in current understandings of the spotting and exploitation of entrepreneurial opportunities. Yet, despite being identified as a key theoretical construct of individual entrepreneurs, its cognitive features are not fully described in the literature. And as a result, the existing instruments for measuring this cognitive feature of entrepreneurs do not fully reflect the broad nature of this concept. In this study, the cognitive theoretical basis of alertness is reviewed and a new scale, which better reflects the broader cognitive features of entrepreneurial alertness, is presented. This may assist the validity of future empirical studies that involve entrepreneurial alertness.
{"title":"A Cognitive Measure of Entrepreneurial Alertness","authors":"Zohreh Hassannezhad Chavoushi, Dave Valliere","doi":"10.1142/s0218495821500175","DOIUrl":"https://doi.org/10.1142/s0218495821500175","url":null,"abstract":"Alertness is a foundational concept in current understandings of the spotting and exploitation of entrepreneurial opportunities. Yet, despite being identified as a key theoretical construct of individual entrepreneurs, its cognitive features are not fully described in the literature. And as a result, the existing instruments for measuring this cognitive feature of entrepreneurs do not fully reflect the broad nature of this concept. In this study, the cognitive theoretical basis of alertness is reviewed and a new scale, which better reflects the broader cognitive features of entrepreneurial alertness, is presented. This may assist the validity of future empirical studies that involve entrepreneurial alertness.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2021-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47391482","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-26DOI: 10.1142/s0218495821500199
F. F. Ahmed, L. Belkacem
The importance of social network comes not only from the resources to which networks facilitate access but also from the capacity of the network to develop entrepreneurial characteristics in a person. This research focuses on the importance of the entrepreneur’s social network in the pre-start-up phase. It also examines the mediating role of risk-taking and self-confidence as important psychological variables for future entrepreneurs. We undertake this study to better understand the failure at the network level of the future Tunisian entrepreneur while offering solutions to decision-makers in Tunisia. Among the 2,000 adults surveyed by the Global Entrepreneurship Monitor, interest is focused on potential and emerging entrepreneurs. The results of logistic regression modelling show that future Tunisian entrepreneurs often use their emotional support network and neglect other networks which offer practical support at an earlier stage of business creation. Unlike to expectations, risk-taking and self-confidence have not mediated the relationship between the social network and the pre-start-up phase.
{"title":"Networks Around Potential and Nascent Entrepreneurs: Examining the Mediating Role of Risk-Taking and Self-Confidence","authors":"F. F. Ahmed, L. Belkacem","doi":"10.1142/s0218495821500199","DOIUrl":"https://doi.org/10.1142/s0218495821500199","url":null,"abstract":"The importance of social network comes not only from the resources to which networks facilitate access but also from the capacity of the network to develop entrepreneurial characteristics in a person. This research focuses on the importance of the entrepreneur’s social network in the pre-start-up phase. It also examines the mediating role of risk-taking and self-confidence as important psychological variables for future entrepreneurs. We undertake this study to better understand the failure at the network level of the future Tunisian entrepreneur while offering solutions to decision-makers in Tunisia. Among the 2,000 adults surveyed by the Global Entrepreneurship Monitor, interest is focused on potential and emerging entrepreneurs. The results of logistic regression modelling show that future Tunisian entrepreneurs often use their emotional support network and neglect other networks which offer practical support at an earlier stage of business creation. Unlike to expectations, risk-taking and self-confidence have not mediated the relationship between the social network and the pre-start-up phase.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2021-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43139829","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-26DOI: 10.1142/s0218495821500205
Khaled Tamzini
The purpose of this paper is to determine the psychological profile of the Tunisian SMEs founder amid the COVID-19 crisis. The results of this research demonstrated that their psychological profile in times of COVID-19 crisis is quadridimensional and that each of these four dimensions (tolerance for ambiguity and uncertainty, attitude towards risk, self-confidence and locus of control) are unidimensional. This research was conducted in three Tunisian industries (textiles and clothing industries, agro-food industries and industries of ceramic and glass building materials) via the administration of a questionnaire via LinkedIn (between March, 15 and May, 15 2020) to more than 400 SMEs’ founders. The critical contributions of this research are the clarification of the role of psychological factors in the field of entrepreneurship, which remains unclear, by enriching previous research on entrepreneurial personality. The main findings of this study: (1) the four key psychological traits correspond to the “specific traits” of an entrepreneur; (2) these “specific traits” are more suitable to study the profile of the SME’s founder profile at the time of crisis than the more “stable traits” — the Big Five traits; (3) the psychological profile of the SME’s founder in a hyper-turbulent environment (namely the COVID-19 crisis) correspond to the psychological entrepreneurial profile.
{"title":"The Psychological Profile of Tunisian SMEs Founders Amid the COVID-19 Crisis","authors":"Khaled Tamzini","doi":"10.1142/s0218495821500205","DOIUrl":"https://doi.org/10.1142/s0218495821500205","url":null,"abstract":"The purpose of this paper is to determine the psychological profile of the Tunisian SMEs founder amid the COVID-19 crisis. The results of this research demonstrated that their psychological profile in times of COVID-19 crisis is quadridimensional and that each of these four dimensions (tolerance for ambiguity and uncertainty, attitude towards risk, self-confidence and locus of control) are unidimensional. This research was conducted in three Tunisian industries (textiles and clothing industries, agro-food industries and industries of ceramic and glass building materials) via the administration of a questionnaire via LinkedIn (between March, 15 and May, 15 2020) to more than 400 SMEs’ founders. The critical contributions of this research are the clarification of the role of psychological factors in the field of entrepreneurship, which remains unclear, by enriching previous research on entrepreneurial personality. The main findings of this study: (1) the four key psychological traits correspond to the “specific traits” of an entrepreneur; (2) these “specific traits” are more suitable to study the profile of the SME’s founder profile at the time of crisis than the more “stable traits” — the Big Five traits; (3) the psychological profile of the SME’s founder in a hyper-turbulent environment (namely the COVID-19 crisis) correspond to the psychological entrepreneurial profile.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2021-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48821483","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-26DOI: 10.1142/s0218495821500187
M. Anwar, T. Clauss, R. Ullah
The failure ratio of new ventures across the globe pushes researchers towards finding solutions, but the response is not effective. This research project surveyed 297 new manufacturing enterprises from China to find factors that significantly contribute to the success of new ventures. The results indicated that intellectual capital significantly sustains performance and sustainable competitive advantage in new ventures. The relationship between intellectual capital and new venture performance is partially mediated by a sustainable competitive advantage. Information technology capabilities do not positively impact new venture performance and competitiveness. Entrepreneurial orientation has a significant influence on differentiation strategy and new venture performance. Sustainable competitive advantage does not mediate the path between entrepreneurial orientation and new venture performance, but it fully mediates the association between market orientation and new venture performance. This study recommends that new enterprises focus on intellectual capital, entrepreneurial orientation, and market orientation to acquire a sustainable position in the competitive market. New ventures should also evaluate their technological capabilities to understand why they do not play a vital role. Further implications have been stated.
{"title":"New Ventures Competitiveness and Success; Do Intellectual Capital, IT Capabilities, Entrepreneurial and Market Orientation Really Matter?","authors":"M. Anwar, T. Clauss, R. Ullah","doi":"10.1142/s0218495821500187","DOIUrl":"https://doi.org/10.1142/s0218495821500187","url":null,"abstract":"The failure ratio of new ventures across the globe pushes researchers towards finding solutions, but the response is not effective. This research project surveyed 297 new manufacturing enterprises from China to find factors that significantly contribute to the success of new ventures. The results indicated that intellectual capital significantly sustains performance and sustainable competitive advantage in new ventures. The relationship between intellectual capital and new venture performance is partially mediated by a sustainable competitive advantage. Information technology capabilities do not positively impact new venture performance and competitiveness. Entrepreneurial orientation has a significant influence on differentiation strategy and new venture performance. Sustainable competitive advantage does not mediate the path between entrepreneurial orientation and new venture performance, but it fully mediates the association between market orientation and new venture performance. This study recommends that new enterprises focus on intellectual capital, entrepreneurial orientation, and market orientation to acquire a sustainable position in the competitive market. New ventures should also evaluate their technological capabilities to understand why they do not play a vital role. Further implications have been stated.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2021-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45968914","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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