The role of entrepreneurial orientation in tangible and intangible resource acquisition and new venture growth

Author(s):  
Muhammad Sualeh Khattak ◽  
Rizwan Ullah
2019 ◽  
Vol 10 (1) ◽  
Author(s):  
Sumita Sarma ◽  
Jacob M. Marszalek

AbstractEntrepreneurial ecosystems provide a rich context for analyzing entrepreneurial outcomes such as new venture growth. In most entrepreneurship research, influence of context or environment is undermined or controlled. Also, most studies consider either macro- or micro-level factors using single-level analysis, which mute the higher-level influences on new firm growth. To overcome these gaps, we empirically consider macro- and micro-level factors together, and their cross-level interactions to portray the nexus of entrepreneurs and entrepreneurial ecosystem in growth of new independent ventures in the various US metros. Our findings provide interesting insights on the moderating effects of prior experiences of founders on ecosystem attributes and firm growth.


2019 ◽  
Vol 11 (1) ◽  
pp. 244 ◽  
Author(s):  
Gang Wang ◽  
Linwei Li ◽  
Xu Jiang

Adopting insights from a resource management perspective, this study investigates how entrepreneurs utilize their business ties to promote new venture growth. We propose a multiple mediator model in which different resource management processes (i.e., resource acquiring, resource bundling, and resource leveraging) act as critical mediating mechanisms. We undertook a two-stage survey design, and collected data during the period from 2013 to 2016. Drawing on a longitudinal sample of 229 new ventures in China, we tested the hypotheses through the optimal scaling regression (OSR) analysis. We find empirical support for the mediated effects of entrepreneurial business ties via resource bundling and resource leveraging to promote new venture growth. However, our results find the mediating effect of resource acquiring non-significant. These findings will deepen understanding of the role of entrepreneurial business ties in the new venture growth process and expand resource management perspective into the entrepreneurial field.


2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Cong Cheng ◽  
Wei Zhang ◽  
Wenyao Zhang ◽  
Yuan Jiang

AbstractEntrepreneurs, as initiators of entrepreneurial activities, have long been one of important research objects in the field of entrepreneurship research and, however, there has been no study reported on how entrepreneurial traits influence venture performance from a perspective of entrepreneurial orientation. This study explored the relationship between entrepreneurial traits and venture performance by focusing on the mediating role of entrepreneurial orientation and the moderating role of entrepreneurial environment perception. Using time-lagged data from 321 private enterprises in China, the results reveal that entrepreneurial traits are positively related to venture performance, and this link is mediated by entrepreneurial orientation. Additionally, moderated path analysis indicates that entrepreneurial environment perception strengthens the direct effect of the entrepreneurial traits on entrepreneurial orientation and its indirect effect on venture performance. This study extends the scope of entrepreneurial traits research, and provides evidence for arguments that entrepreneurship in the context of China.


SAGE Open ◽  
2020 ◽  
Vol 10 (4) ◽  
pp. 215824402096357
Author(s):  
Qamaruddin Maitlo ◽  
Frida Thomas Pacho ◽  
Jia Liu ◽  
Tahseen Ahmed Bhutto ◽  
Wang Xuhui

The present study aims to explore the role of entrepreneurial self-efficacy (ESE) concept with a combination of an effectuation concept. First, it examined the effect of ESE on resources acquisition in a new venture in an emerging country’s context. Second, it attempted to use effectuation principles, namely, affordable loss, set of means, and precommitment as mediators in a relationship between ESE and resource acquisition in a new venture. A sample of 462 agro-processing entrepreneurs is explicitly surveyed and interviewed. The hierarchical regression and structural equation model were employed to analyze the data. Results showed that an ESE has a significant positive effect on the venture’s resources acquisition ability. Moreover, results showed that the effect of ESE in resource acquisition is manifested through affordable loss, precommitment, and set of means principles. Theoretically, this study extends the knowledge on the mediating role of effectuation principles using ESE in pursuing essential venture functions such as resources acquisition.


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