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The effects of entrepreneurial bricolage and alternative resources on new venture capabilities: Evidence from China

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  • Yu, Xiaoyu
  • Wang, Xinchun

Abstract

New ventures often face resource constraints when developing their capabilities to succeed in market competition. In this study, we draw on the resource orchestration perspective and propose that efficient resource management may be more important for new ventures than their existing resources when developing superior firm capabilities that are critical for new venture success. Using data from 207 new ventures in China, our study finds that entrepreneurial bricolage, as a resource orchestration process, can significantly enhance a new venture’s strategic flexibility and growth capability. Moreover, the effectiveness of this strategy depends on the availability of alternative resources, such as resources obtained through external network ties and from founding team members with diverse backgrounds. Our research findings thus provide practical information to help small and new firms get through difficult times without seeking additional resources.

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  • Yu, Xiaoyu & Wang, Xinchun, 2021. "The effects of entrepreneurial bricolage and alternative resources on new venture capabilities: Evidence from China," Journal of Business Research, Elsevier, vol. 137(C), pages 527-537.
    • Handle: RePEc:eee:jbrese:v:137:y:2021:i:c:p:527-537
    DOI: 10.1016/j.jbusres.2021.08.063
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    6. Tajeddini, Kayhan & Gamage, Thilini Chathurika & Tajdini, Javad & Qalati, Sikandar Ali & Siddiqui, Faiza, 2023. "Achieving sustained competitive advantage in retail and consumer service firms: The role of entrepreneurial orientation and entrepreneurial bricolage," Journal of Retailing and Consumer Services, Elsevier, vol. 75(C).
    7. Ji-Hoon Park & Ribin Seo, 2024. "A contingent value of bricolage strategy on SMEs’ organizational resilience: lessons from the COVID-19 pandemic," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-13, December.
    8. Donbesuur, Francis & Owusu-Yirenkyi, Diana & Ampong, George Oppong Appiagyei & Hultman, Magnus, 2023. "Enhancing export intensity of entrepreneurial firms through bricolage and international opportunity recognition: The differential roles of explorative and exploitative learning," Journal of Business Research, Elsevier, vol. 156(C).
    9. Lee, In Hyeock & Lévesque, Moren, 2023. "Do resource-constrained early-stage firms balance their internal resources across business activities? If so, should they?," Journal of Business Research, Elsevier, vol. 159(C).

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