The Role of Entrepreneurs’ Empathy in New Venture Performance: The Mediating Effects of Entrepreneurial Orientation

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Wenhong Zhao ◽  
Siyao Lyu ◽  
Tomoki Sekiguchi
Keyword(s):  
Perspective Taking ◽  
Entrepreneurial Orientation ◽  
New Ventures ◽  
Empathic Concern ◽  
New Venture ◽  
Curvilinear Relationship ◽  
Mediating Effects ◽  
Firm Level ◽  
Venture Performance ◽  
New Venture Performance

Abstract Previous research has found that entrepreneurs’ empathy promotes personal opportunity identification. However, the role that entrepreneurs’ empathy plays at the firm level in new ventures is still unclear. This study explores this question by investigating how perspective taking and empathic concern, which respectively represent the cognitive and affective component of entrepreneurs’ empathy, influence new venture performance with the mediating effects of entrepreneurial orientation (EO). Based on an empirical study with 341 new ventures, this research finds a positive relationship between perspective taking and new venture performance and a curvilinear relationship between empathic concern and new venture performance. In addition, both of these relationships are mediated by EO. This study sheds light on distinct impacts of the entrepreneur’s perspective taking and empathic concern at the firm level, enriches the antecedents of EO from the cognitive and affective factors of the entrepreneur, and extends the implications of the entrepreneur’s altruistic dispositions in commercial start-ups.

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.

Personal Networks as Fosterers of Entrepreneurial Orientation in New Ventures

2005 ◽  
Vol 6 (4) ◽  
pp. 239-248 ◽  
Author(s):  
Maria Ripollés ◽  
Andreu Blesa
Keyword(s):  
Entrepreneurial Orientation ◽  
Direct Relationship ◽  
New Ventures ◽  
New Venture ◽  
Personal Networks ◽  
Network Development ◽  
Personal Network ◽  
Venture Performance ◽  
Indirect Relationship ◽  
New Venture Performance

Two central propositions are evaluated in this paper: the existence of a direct relationship between the entrepreneur's personal networks and entrepreneurial orientation (EO) development, and the existence of an indirect relationship between the two through the information acquired from personal networks. The effect of EO and personal network development on new venture performance is also studied. The authors test these relationships on a sample of Spanish new ventures. They then discuss the results and comment on possible implications in the academic and managerial sectors.

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.

New Ventures Competitiveness and Success; Do Intellectual Capital, IT Capabilities, Entrepreneurial and Market Orientation Really Matter?

2021 ◽  
Vol 29 (04) ◽  
pp. 295-323
Author(s):  
Muhammad Anwar ◽  
Thomas Clauss ◽  
Rizwan Ullah
Keyword(s):  
Competitive Advantage ◽  
Market Orientation ◽  
Intellectual Capital ◽  
Entrepreneurial Orientation ◽  
New Ventures ◽  
Vital Role ◽  
New Venture ◽  
Sustainable Competitive Advantage ◽  
Venture Performance ◽  
New Venture Performance

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.

scholarly journals Entrepreneurial orientation and new venture performance in emerging markets: the mediating role of opportunity recognition

2021 ◽  
Author(s):  
Muhammad Anwar ◽  
Thomas Clauss ◽  
Wunnam Basit Issah
Keyword(s):  
Entrepreneurial Orientation ◽  
New Ventures ◽  
Opportunity Recognition ◽  
New Venture ◽  
Superior Performance ◽  
Mediating Role ◽  
Venture Performance ◽  
The Relationship ◽  
New Venture Performance

AbstractHow entrepreneurial orientation facilitates the identification of new opportunities in newly established ventures in emerging economies remains largely unexplored. Approaching entrepreneurial orientation as a second order latent construct, we examined the mediating role of opportunity recognition on new venture performance. Using a survey data from 316 SMEs, the results of the analysis in SmartPLS highlights that entrepreneurial orientation indirectly contributes to the performance of new ventures, where the relationship is partially mediated by opportunity recognition. The findings show that firms with high entrepreneurial orientation can identify and exploit new opportunities as well as enjoy superior performance.

Impact of entrepreneurial orientation on the performance of new ventures in China: the roles of entrepreneurial bricolage and opportunity recognition

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Tiannv Ma ◽  
Siying Yang
Keyword(s):  
Entrepreneurial Orientation ◽  
New Ventures ◽  
Dynamic Environment ◽  
Opportunity Recognition ◽  
New Venture ◽  
Content Type ◽  
Venture Performance ◽  
Entrepreneurial Bricolage ◽  
The Relationship ◽  
New Venture Performance

Purpose This study aims to examine how entrepreneurial orientation affects new venture performance in a dynamic environment. The authors examine whether entrepreneurial bricolage and opportunity recognition mediate the effect of entrepreneurial orientation on new venture performance and whether environmental dynamics moderate the above effects. Design/methodology/approach This study uses questionnaires to collect data. The sample includes responses of managers from 274 new Chinese ventures. Regression analysis and bootstrapping are used to test the hypotheses. Findings Entrepreneurial bricolage and opportunity recognition play mediating roles between entrepreneurial orientation and new venture performance. Environmental dynamism positively moderates the relationship between opportunity recognition and new venture performance. Practical implications In a dynamic environment, new ventures should strengthen their entrepreneurial orientation, which would gradually improve their performance by improving their entrepreneurial bricolage and opportunity recognition ability. Originality/value This study innovatively explains the relationship between entrepreneurial orientation and new venture performance from the perspectives of “flexible solutions to current problems” and “discovering and grasping potential new opportunities.” It does so by using the concepts of entrepreneurial bricolage and entrepreneurial opportunity identification in the context of a dynamic environment.

scholarly journals Entrepreneurial alertness and new venture performance: Facilitating roles of networking capability

2018 ◽  
Vol 36 (5) ◽  
pp. 453-472 ◽  
Author(s):  
Samuel Adomako ◽  
Albert Danso ◽  
Nathaniel Boso ◽  
Bedman Narteh
Keyword(s):  
New Ventures ◽  
Policy Implications ◽  
New Venture ◽  
Primary Data ◽  
Entrepreneurial Alertness ◽  
Venture Performance ◽  
Ability To Act ◽  
Business Networking ◽  
Sub Saharan ◽  
New Venture Performance

An ability to act upon an entrepreneurial opportunity is a major driver of new venture success. However, scholarly knowledge is limited on how and when entrepreneur alertness to entrepreneurial opportunities drives new venture success. This article addresses this gap arguing that variations in new venture performance are a function of levels of entrepreneurial alertness and networking capabilities. Using primary data gathered from 203 new ventures operating in a sub-Saharan African economy, Ghana, we find that increases in the levels of entrepreneurial alertness are related to increases in new venture performance. Additionally, we find that, under conditions of increased use of social and business networking capabilities, the potency of entrepreneurial alertness as a driver of new venture success is amplified. Theoretical, managerial and policy implications of these findings are discussed.

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