Entrepreneurs' improvisational behavior and new venture performance: Firm-level and institutional contingencies

Entrepreneurs' improvisational behavior and new venture performance: Firm-level and institutional contingencies
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DOI:
10.1016/j.jbusres.2017.10.006
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发表时间:
2018-02
影响因子:
11.3
通讯作者:
Samuel Adomako;R. Opoku;K. Frimpong
Samuel Adomako;R. Opoku;K. Frimpong
中科院分区:
管理学2区
文献类型:
--
作者:
Samuel Adomako;R. Opoku;K. Frimpong

文献摘要

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尽管对企业家即兴行为对组织成果影响的研究越来越多,但对企业家即兴行为有效推动新创企业成功的具体企业层面和制度条件的理解有限。本文通过考察金融资源能力和制度支持对企业家即兴行为与创业绩效关系的调节作用,有助于填补这一空白。通过对加纳395家新企业的原始数据进行验证性因子分析和层次回归,验证了该研究的理论模型。研究结果表明,财务资源能力对企业家即兴行为与创业绩效之间的关系具有显著的正向调节作用。此外,研究结果表明,即兴行为在推动企业成功方面的有效性取决于制度支持的水平。讨论了对研究和实践的启示。
Despite the growing research on the influence of entrepreneurs' improvisational behavior on organizational outcomes, there is limited understanding of the specific firm-level and institutional conditions under which entrepreneurs' improvisational behavior can effectively drive the success of new ventures. This paper contributes to filling this gap by investigating the moderating effects of financial resource capability and institutional support on the relationship between entrepreneurs' improvisational behavior and new venture performance. The study's theoretical model is validated by employing confirmatory factor analysis and hierarchical regression on primary data obtained from 395 new ventures in Ghana. The results reveal a significant positive moderating effect of financial resource capability on the relationship between entrepreneurs' improvisational and new venture performance. In addition, the findings show that the effectiveness of improvisation behavior in driving a firm's success depends on the level of institutional support. Implications for research and practice are discussed.