What explains entrepreneurial start-ups across countries: an integrative model

Article


Li, T. 2023. What explains entrepreneurial start-ups across countries: an integrative model. Journal of General Management. 48 (2), pp. 195-209. https://doi.org/10.1177/03063070221081577
TypeArticle
TitleWhat explains entrepreneurial start-ups across countries: an integrative model
AuthorsLi, T.
Abstract

This research develops a multilevel framework to examine how resource-based antecedents shape individuals' decisions to start ventures via their perception of opportunities and how country-level characteristics pertaining to institutional development and institutional instability provide boundary conditions for the aforementioned associations. The empirical results show that entrepreneurial start-ups are positively affected by human capital resources and organisational resources, and that individuals’ perception of opportunities acts as a mediator within these relationships. In addition, the findings demonstrate that the proposed mediation effects are further bounded by country-specific institutional environments. The results offer new insights for the development of knowledge and theoretical bases by providing a multi-level perspective on how resource-based factors, perceived opportunity, and institutions operate as principal determinants that affect entrepreneurial start-ups. This paper complements and advances resource-based theory by integrating an approach that focuses on institutions and the pursuit of entrepreneurial opportunities to assess the mechanisms that are needed to release the potential of resources in venture creation more comprehensively. The research findings have implications and values for general managers who are keen to understand why heterogeneous resource is necessary and how it functions in their businesses, as well as how the process of managing resources needs to be aligned with their capabilities to identify and pursue business opportunities.

Keywordsresource-based view, institutional environment, theory integration, multi-level analysis
LanguageEnglish
PublisherSAGE Publications
JournalJournal of General Management
ISSN0306-3070
Electronic1759-6106
Publication dates
Online28 Nov 2022
PrintJan 2023
Publication process dates
Deposited03 Feb 2022
Accepted29 Jan 2022
Output statusPublished
Publisher's version
License
Accepted author manuscript
File Access Level
Restricted
Copyright Statement

Published article: Copyright © The Author(s) 2022.
This article is distributed under the terms of the Creative Commons Attribution 4.0 License (https://creativecommons.org/licenses/by/4.0/) which permits any use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the SAGE and Open Access page (https://us.sagepub.com/en-us/nam/open-access-at-sage).

Digital Object Identifier (DOI)https://doi.org/10.1177/03063070221081577
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