No abstract

Digital technology has had changed the uncertain nature of the process of new venture idea generation, and it has also brought unprecedented opportunities for the generation of new digital venture ideas. To explore how startups can deal with major challenges brought by digital technology and create new digital venture ideas, this paper focuses on micro level entrepreneurial actions, and constructs a theoretical model of the relationship among networking capabilities, IT capabilities, prior knowledge and new digital venture ideas. Furthermore, through the hierarchical linear regression analysis of 278 sample data, the paper finds that in the context of digitalization, both networking capabilities and IT capabilities have a positive impact on the generation of new digital venture ideas. In addition, prior knowledge plays an moderating role in the relationship between IT capabilities and new digital venture ideas. This paper explore how startups can build new digital venture ideas in the context of digitalization, which guides small enterprises in responding to new challenges.

Purpose – The purpose of this paper is to explore the correlations among entrepreneurial environment, market-oriented strategies, and entrepreneurial performance. Design/methodology/approach – Entrepreneurial environment is measured by institutional environment and industrial environment. A survey of 176 large Chinese automobile firms is conducted. The structural equation model is applied to perform analysis. Findings – The uncertainty of the institutional environment is positively related with market-oriented strategies and market-oriented strategies are positively related with firms’ performance. The stronger the uncertainty of the industrial environment is, the larger impact that market-oriented strategies have on firms’ performance will be. There is no distinct positive relationship between the uncertainty of industrial environment and firms’ market-oriented strategies. The hypothesis, that the stronger the uncertainty of institutional environments is, the larger the impact that market-oriented strategies will be on firms’ performance, is not supported. Research limitations/implications – In terms of research design, this paper does not select survey samples randomly. This paper only takes institutional and industrial environments into consideration while the environmental characteristics are omitted. Originality/value – This paper expands entrepreneurship research by integrating previous studies. Findings in this paper are helpful for firms in emerging countries to implement “going abroad strategies,” to start up new businesses in other countries, and to achieve the goals of improving competitiveness and integrating with international firms.

Carrying out green insurance investment is of great significance for improving the green financial service system, expanding the investment space for insurance funds, improving the ability of insurance fund service ecological environment construction, and promoting the transformation of China’s economy towards a green and low-carbon sustainable development. In recent years, China’s green finance has made great progress, but its scale is only a drop in the ocean compared with the huge demand for green investment. In particular, the scale and influence of green insurance investment is small, and the role played by it is not obvious. In terms of the system, top-level design and promotion are not sufficient, and the insurance asset management institutions are less active and innovative. Therefore, it is recommended to start from the institutional innovation of green insurance investment, strengthen policy promotion and build an efficient examination and approval registration and inspection and assessment system. Also, giving full play to the role of industry infrastructure, improving the liquidity of green insurance investment projects, effectively stimulating the internal motivation of insurance institutions will promote the steady development of China’s green insurance investment.