Growth-oriented new agricultural ventures: the role of entrepreneurial resources and capabilities under convergence forces
研究新进入者的资源、能力和行业环境如何影响成长型新农业企业,发现成长导向主要由自身决定,知识、社会关系和创新能力是关键,且行业竞争度起调节作用。
Abstract Using a multilevel approach, this study examines how new entrants’ resources, capabilities and context influence growth-oriented new agricultural ventures. Results indicate that growth orientation is largely self-determined. The knowledge base of the new entrants, their social ties with entrepreneurs, together with the capabilities to identify and exploit opportunities, as well as those to effectively offer new products, trigger these growth-oriented ventures. Industry contexts also influence them, as those operating in less agriculturally competitive countries have a greater probability of becoming growth-oriented, suggesting convergence forces. Lastly, results reveal that competitiveness positively moderates the relationship between product innovation capabilities and growth orientation.