Institutional voids and new venture performance: The moderating role of founders' political ties
基于制度空白和资源依赖理论，研究创始人政治关系如何调节制度空白对新创企业绩效的影响，利用中东和北非地区309家新创企业数据发现政治关系能缓解制度空白的负面效应。
Abstract Building on the institutional voids (IVs) and resource‐dependence perspectives, this study examines the moderating impact of new business founders' political ties on the relationship between IVs and new venture performance (NVP). We developed and tested a unique model using data obtained from 309 new ventures in the MENA region, specifically Egypt. The results demonstrate that founders' political ties enhance firms' complementary assets and mitigate the negative effects of IVs on NVP in developing markets. The theoretical and practical implications concerning NVP in a developing market environment are examined.