Business-incubation as a catalyst for start-up success in emerging markets: Entrepreneurial bricolage versus dynamic capabilities
研究新兴市场中商业孵化器如何帮助初创企业从短期拼凑转向构建长期动态能力,基于403家初创企业数据发现孵化支持显著增强动态能力对绩效的正面作用。
This study examines the role of business incubators in supporting start-ups in emerging markets, where resource limitations require entrepreneurs to either rely on entrepreneurial bricolage or invest in developing dynamic capabilities in their early stages. Although prior research has explored incubators, less attention has been given to how they help start-ups move beyond static short-term bricolage toward building long-term dynamic capabilities under resource-constrained conditions. Using data from 403 start-ups, the study tests the moderating effect of incubator support on the relationship between bricolage, dynamic capabilities, and venture performance. The findings suggest that incubators significantly strengthen the positive impact of dynamic capabilities on start-up performance compared to that of bricolage. In emerging markets, incubators thus enable start-ups to cultivate adaptive, growth-oriented capabilities rather than relying solely on static bricolage practices. The study offers implications for policymakers, founders, and incubator managers seeking to promote sustainable start-up development and scaling.