Entrepreneurs' Social Skills and New Venture Performance: Mediating Mechanisms and Cultural Generality

2008 ◽  
Vol 35 (2) ◽  
pp. 282-306 ◽  
Author(s):  
Robert A. Baron ◽  
Jintong Tang
Keyword(s):  
Social Skills ◽  
Social Perception ◽  
New Venture ◽  
Macro Level ◽  
Venture Performance ◽  
Mediating Variables ◽  
Mediating Mechanisms ◽  
Micro Level ◽  
The Relationship ◽  
New Venture Performance

This research seeks to extend previous findings concerning the relationship between entrepreneurs' social skills and new venture performance. Two potential mediators of such effects (entrepreneurs' success in obtaining information and essential resources) were investigated, and data were collected in a culture not included in previous studies (China). Results indicate that several social skills (e.g., social perception, expressiveness) are significantly related to measures of new venture performance and that these effects are indeed mediated by the two proposed mediating variables. Implications of these findings for efforts to understand how micro-level variables influence macro-level measures of new venture performance are discussed.

Incubator networks and new venture performance: the roles of entrepreneurial orientation and environmental dynamism

2020 ◽  
Vol 27 (5) ◽  
pp. 727-747
Author(s):  
Wenqing Wu ◽  
Hongxin Wang ◽  
Fu-Sheng Tsai
Keyword(s):  
Entrepreneurial Orientation ◽  
New Ventures ◽  
Mediating Effect ◽  
New Venture ◽  
Environmental Dynamism ◽  
Content Type ◽  
Venture Performance ◽  
The Relationship ◽  
Moderating Role ◽  
New Venture Performance

PurposeThis study analyses the relationship between the networks of business incubators (BIs) and new venture performance. It proposes an integrated model for identifying the influence of BIs' internal and external networks on new venture performance through the entrepreneurial orientation (EO) and environmental dynamism.Design/methodology/approachThe study uses multiple regression analysis on a sample of 205 new ventures in Chinese BIs.FindingsBoth the internal and external networks of BIs positively affect new venture performance and EO has a mediating effect in this relationship. Environmental dynamism plays a positive moderating role in the relationship between BIs' internal and external networks and EO.Practical implicationsBased on the results of this study, incubator managers should focus on creating internal and external networks and leveraging network embeddedness to influence new venture performance. Further, new ventures should focus on strengthening their EO and fully consider the impact of environmental dynamism on EO implementation.Originality/valueTo address the research gaps in understanding how BI networks can support new venture growth, this study integrates BIs' internal and external networks and explores their impacts on new venture performance using co-production theory and the resource-based view. It thus opens the black box on how BI's networks affect performance from the EO perspective. Moreover, this study fully clarifies chain relationships by identifying and analysing the moderating role of environmental dynamism.

A Review of the Impact of Education and Prior Experience on New Venture Performance

2001 ◽  
Vol 2 (3) ◽  
pp. 153-169 ◽  
Author(s):  
Jessica Kennedy ◽  
Judy Drennan
Keyword(s):  
Empirical Research ◽  
Prior Experience ◽  
New Venture ◽  
Successful Performance ◽  
Venture Performance ◽  
Key Variables ◽  
The Impact ◽  
The Relationship ◽  
Measures Of Performance ◽  
New Venture Performance

The importance of education and experience to the successful performance of new firms is well recognized both by management practitioners and academics. Yet empirical research to support the significance of this relationship is inconclusive. This paper discusses theories describing the relationship between education and experience and firm performance. It also analyses and classifies the differing measures of performance, education and experience, and compares the results of multiple studies undertaken between 1977 and 2000. Possible reasons for conflicting results are identified, such as lack of sound theoretical bases that relate education and experience to performance, varying definitions of the key variables and the diversity of measures used. Finally, a framework is developed that incorporates variables that interact with experience and education to influence new venture performance.

The Curvilinear Relationship Between Collective Team Identification and New Venture Performance: The Moderating Effect of Environmental Uncertainty

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Hao Ji ◽  
Wencang Zhou
Keyword(s):  
New Ventures ◽  
Environmental Uncertainty ◽  
Internet Technology ◽  
New Venture ◽  
Curvilinear Relationship ◽  
Team Identification ◽  
Venture Performance ◽  
High Level ◽  
The Relationship ◽  
New Venture Performance

Abstract Many new ventures are founded and developed by teams rather than solo entrepreneurs. Therefore, the extent to which entrepreneurs identify with their teams is likely to have an important impact on the process and outcome of new venture creation in new venture teams. However, most of the relevant studies focus on entrepreneurs’ individual identity, and the identity at the team level has been overlooked. This study seeks to fill this gap by exploring the effect of collective team identification on new venture performance. The relationship between collective team identification and new venture performance was examined using a sample of 54 new venture teams in Internet Technology (IT) industry. The results show that the relationship between collective team identification and new venture performance is inverted U-shaped. Moreover, environmental uncertainty may moderate this curvilinear effect, such that this inverted U-shaped relationship is more salient at a low level of environmental uncertainty rather than at a high level of environmental uncertainty.

Entrepreneurial Marketing and New Venture Performance: The Mediating Effects of Ambidextrous Innovation

2017 ◽  
Vol 21 (6) ◽  
pp. 1073-1078
Author(s):  
Xiaowen Hu ◽  
◽  
Lidong Zhu ◽  
Hui Zhang
Keyword(s):  
New Ventures ◽  
New Venture ◽  
Mediating Effects ◽  
Working Mechanism ◽  
Five Dimensions ◽  
Entrepreneurial Marketing ◽  
Venture Performance ◽  
The Relationship ◽  
Specific Working ◽  
New Venture Performance

Entrepreneurial Marketing has a significant effect on new ventures’ performance. However, the findings have been mixed and conflicting. There is still little in-depth exploration of its specific working mechanism based on two distinct literatures streams from ambidextrous innovation and entrepreneurial marketing. We present an integrated framework for analyzing entrepreneurial marketing, ambidextrous innovation and new venture performance (NVP). By conducting an empirical studyon a sample of 883 new ventures (NVs) in Anhui province in China, the study found that: (a) EM is an important driver of NVP and only five dimensions of EM have positively effects on NVP ,including proactiveness, opportunity-focus, innovations, risk-taking and resource leveraging. (b) Both exploration innovation and exploitation innovation advance NVP. (c) The ambidextrous innovation did not affect NVP significantly. (d) Exploration innovation and exploitation innovation partly mediate the relationship between EM and NVP.

Social networks as mediator in entrepreneurial optimism and new venture performance

2017 ◽  
Vol 45 (4) ◽  
pp. 551-562 ◽  
Author(s):  
Ying Chen ◽  
Xiaohu Zhou ◽  
Guojun Yang ◽  
Jiani Bao ◽  
Guan Wang
Keyword(s):  
Social Networks ◽  
Social Network ◽  
Network Size ◽  
New Venture ◽  
Network Heterogeneity ◽  
Mediating Role ◽  
Venture Performance ◽  
Social Network Size ◽  
The Relationship ◽  
New Venture Performance

Although findings reported in an increasing number of studies shed light on the relationship between optimism and entrepreneurial outcomes, little is known of the mechanisms by which entrepreneurial optimism influences new venture performance. Researchers have found that people who are highly optimistic build more extensive social networks than others do, which can influence the outcome of their efforts. In order to explore the relationships among entrepreneurial optimism, social networks, and new venture performance, we analyzed data obtained from 142 Chinese entrepreneurs. Results indicated that entrepreneurial optimism had a significant impact on social network size, social network heterogeneity, and new venture performance. Social network size fully mediated the relationship between entrepreneurial optimism and new venture performance, but social network heterogeneity did not have a mediating role. These findings support the application of a social network perspective to gain a better understanding of the mechanism by which entrepreneurial optimism influences new venture performance.

Laotian entrepreneurs' optimism and new venture performance

2013 ◽  
Vol 41 (8) ◽  
pp. 1267-1278 ◽  
Author(s):  
Shouming Chen ◽  
Zhiguo Liao ◽  
Tammi Redd ◽  
Sibin Wu
Keyword(s):  
Firm Performance ◽  
New Ventures ◽  
Emerging Economy ◽  
New Venture ◽  
Level Of Education ◽  
Entrepreneurship Research ◽  
Venture Performance ◽  
The Relationship ◽  
New Venture Performance

Research into entrepreneurial optimism and its impact on firm performance has produced inconsistent results. We analyzed 146 Laotian entrepreneurs and found that entrepreneurial optimism was positively related to their new venture performance. We also found that level of education and motivation moderated the relationship between entrepreneurs' optimism and their new ventures. In our study we extended entrepreneurship research on optimism by investigating the relationship between entrepreneurial optimism and new venture performance in an emerging economy.

IMPACT OF INITIAL CONDITIONS ON NEW VENTURE SUCCESS: A LONGITUDINAL STUDY OF NEW TECHNOLOGY-BASED FIRMS

2010 ◽  
Vol 14 (01) ◽  
pp. 41-56 ◽  
Author(s):  
JIAN GAO ◽  
JUN LI ◽  
YUAN CHENG ◽  
SHUDE SHI
Keyword(s):  
Longitudinal Study ◽  
Initial Conditions ◽  
New Technology ◽  
New Ventures ◽  
New Venture ◽  
Overseas Students ◽  
Venture Performance ◽  
New Technology Based Firms ◽  
The Relationship ◽  
New Venture Performance

This article examines the relationship between initial conditions and new venture performance. The study uses a longitudinal study of 92 new ventures in Beijing Overseas Students Pioneer Park at Haidian. This study finds that new venture performance is significantly impacted by the venture's initial conditions. Additionally, the effects of initial conditions are found to decrease as the entrepreneurial process continues. It is also found that new venture performance is impacted more significantly by factors relating to entrepreneurial quality and characteristics of the venture.

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