Study on the Impact of Entrepreneurial Resource Integration on New Venture Performance under Decision Logic of Effectuation

Abstract

Abstract:

This paper explores the influence of entrepreneurial resource integration on new venture performance and the moderating effect of effectuation. By examining data from 307 new ventures, we find that both entrepreneurial resource cohesion and entrepreneurial resource coupling have significantly positive impact on new venture performance. It is also found while entrepreneurial resource cohesion based on the logic of effectual flexibility helps improve new venture performance, entrepreneurial resource coupling in the logic of effectual flexibility impedes new venture performance. Empirical studies also show that pre-commitment positively moderates the positive relationship between entrepreneurial resource integration (including entrepreneurial resource cohesion and entrepreneurial resource coupling) and new venture performance. The study not only expands the research domain of the theory of effectuation, but also provides a new contingency research path for studying the effect of resource integration.

Key words: effectuation, entrepreneurial resource integration, entrepreneurial resource cohesion, entrepreneurial resource coupling, new venture performance

Peng Xuebing, Wang Le, Liu Yueling, Feng Xiaobin. Study on the Impact of Entrepreneurial Resource Integration on New Venture Performance under Decision Logic of Effectuation[J]. , 2019, 31(8): 123-131.

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