The effect of symbiosis strategy on opportunity creation: case study of new ventures in China

Cai, Li; Chen, Juanyi; Peng, Xiuqing; Chen, Biao

doi:10.1504/ijtm.2016.10001577

Cited by 2 publications

(3 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The strong symbiosis relationship enables startups to obtain real and practical essential information when transmitting data and feedback to other subjects in the co-creation space. Therefore, entrepreneurial enterprises can identify and seize opportunities to realize emerging entrepreneurs’ growth ( Chen et al, 2016 ). Accordingly, we hypothesize the following:…”

Section: Theoretical Review and Research Hypothesesmentioning

confidence: 99%

“…A large-scale entrepreneurial symbiosis network is beneficial to entrepreneurial enterprise development. This provides a rich symbiotic substrate for forming symbiotic attraction and stimulating entrepreneurial enterprises to adopt symbiotic behaviors to support their development ( Chen et al, 2016 ). The more varied the subjects in the makerspace symbiosis network are, the more resources new ventures can incorporate from the makerspace.…”

Section: Theoretical Review and Research Hypothesesmentioning

confidence: 99%

“…Based on both self-verification and symbiosis theories, we explore the mechanism of millennials’ entrepreneurial values, supporting the growth of new ventures. The entrepreneurial symbiosis network in the makerspace clarifies its realization path ( Chen et al, 2016 ; Fu and Li, 2016 ).…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Millennials’ Entrepreneurial Values, Entrepreneurial Symbiosis Network and New Ventures Growth: Evidence From China

2021

View full text Add to dashboard Cite

The fate of new ventures incubated by the same corporate ecosystem is different. Can entrepreneurs’ ideas affect the way out of incubating companies? Based on self-verification theory and symbiosis theory, we took millennial entrepreneurs as the research object, combined with entrepreneurial enterprises’ data in the makerspace. We analyzed the impact of millennials’ entrepreneurial values on new ventures growth and explored the mediating role of entrepreneurial symbiosis networks. The following conclusions are obtained by analyzing the questionnaire of 191 millennial entrepreneurs: Millennials’ entrepreneurial values significantly promote new ventures growth. The strength and scale of the entrepreneurial symbiosis network have a positive impact on new ventures growth. The entrepreneur symbiosis network acts as an intermediary between the millennials’ entrepreneurial values and new ventures growth.

show abstract

Section: Theoretical Review and Research Hypothesesmentioning

confidence: 99%

Section: Theoretical Review and Research Hypothesesmentioning

confidence: 99%

See 1 more Smart Citation

Millennials’ Entrepreneurial Values, Entrepreneurial Symbiosis Network and New Ventures Growth: Evidence From China

2021

View full text Add to dashboard Cite

show abstract

Entrepreneurial orientation, social media and SME performance: an emerging economy perspective

Anim,

Arthur,

Amoako

2023

APJBA

View full text Add to dashboard Cite

Purpose This study examines the role of social media adoption (SMA), opportunity recognition (OR) and opportunity exploitation (OE) in mediating the relationship between entrepreneurial orientation (EO) and the performance of newly established small and medium-sized enterprises (SMEs) in emerging economies, with a particular emphasis on Ghana.Design/methodology/approach This study adopts a post-positivist philosophical stance and uses a quantitative approach and a survey design. A purposive sampling technique was used to select 336 SME owners and managers from Ghana’s manufacturing, trading and service sectors. Questionnaires were administered to source the empirical data for this study. Structural equation modelling (SEM) was used to analyse the proposed hypotheses.Findings The results reveal that EO positively and significantly influences the performance of new-born SMEs. SMA, OR and OE partially mediated this relationship.Practical implications This study is a wakeup call to policymakers, practitioners, managers and owners of recently established businesses. Policymakers should provide support and resources for newly established SMEs to adopt effective social media marketing strategies, bolstering their online presence and customer engagement. Simultaneously, they should invest in entrepreneurship education and create an environment conducive to innovation to cultivate an entrepreneurial mindset among fresh SMEs. Business owners and managers should proactively monitor market trends and consumer preferences, adapting their strategies to identifying and seizing emerging opportunities.Originality/value This study introduces a significant novelty to previous literature and one of the first to employ the dynamic capability theory to examine the interplay between EO, SMA, OR and OE in influencing the performance of new SMEs in the context of emerging markets. Furthermore, it extends the scope of understanding of the mechanisms through which SMEs can prosper in these dynamic environments. This unique combination of theoretical framework, comprehensive variables and contextual focus sets this study apart from existing research, enriching the literature on SME performance in emerging markets.

show abstract

The effect of symbiosis strategy on opportunity creation: case study of new ventures in China

Cited by 2 publications

References 0 publications

Millennials’ Entrepreneurial Values, Entrepreneurial Symbiosis Network and New Ventures Growth: Evidence From China

Millennials’ Entrepreneurial Values, Entrepreneurial Symbiosis Network and New Ventures Growth: Evidence From China

Entrepreneurial orientation, social media and SME performance: an emerging economy perspective

Contact Info

Product

Resources

About