Thumbnail Image
Publication

Entrepreneurs’ improvisational behavior and new venture performance: firm-level and institutional contingencies

Adomako, Samuel
; 
Opoku, R.A.
; 
Frimpong, K.
Publication Date
2018-02
End of Embargo
Supervisor
Keywords
Improvisation, Upper echelons, Financial resource capability, Institutional support, New venture performance, Ghana
Rights
© 2017 Elsevier. Reproduced in accordance with the publisher's self-archiving policy. This manuscript version is made available under the CC-BY-NC-ND 4.0 license.
Peer-Reviewed
Yes
Open Access status
openAccess
Accepted for publication
05/10/2017
Institution
Department
Awarded
Embargo end date
Collections
Management and Law Publications
Show all metadata
Files
To keep suppressed
Unknown, 130.75 KB
Thumbnail Image
Adomako_Journal_of_Business_Research.pdf
Adobe PDF, 839.51 KB
Additional title
Abstract
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. Overall, the findings provide a more nuanced explanation of the link between entrepreneurs’ improvisational and firm performance. Implications for research and practice are discussed.
URI
http://hdl.handle.net/10454/15862
Version
Accepted manuscript
Citation
Adomako S, Opoku RA and Frimpong K (2018) Entrepreneurs’ improvisational behavior and new venture performance: Firm-level and institutional contingencies. Journal of Business Research. 83: 10-18.
Link to publisher’s version
Link to published version
Link to Version of Record
https://doi.org/10.1016/j.jbusres.2017.10.006
Type
Article
Qualification name
Notes