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Institutional Voids and New Venture Performance: The Moderating Role of Founders’ Political Ties

Tantawy, Ahmed, Amankwah-Amoah, J., Puthusserry, Pushyarag (2024) Institutional Voids and New Venture Performance: The Moderating Role of Founders’ Political Ties. European Management Review, . ISSN 1740-4754. E-ISSN 1740-4762. (doi:10.1111/emre.12644) (KAR id:105316)

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Official URL:
https://doi.org/10.1111/emre.12644

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 new venture performance in developing markets. The theoretical and practical implications concerning new venture performance in a developing market environment are examined.

Item Type: Article
DOI/Identification number: 10.1111/emre.12644
Uncontrolled keywords: Institutional voids, founders’ political ties, new venture performance, Egypt, developing markets.
Subjects: H Social Sciences > HF Commerce > HF5351 Business
Divisions: Divisions > Kent Business School - Division > Department of Marketing, Entrepreneurship and International Business
Funders: University of Kent (https://ror.org/00xkeyj56)
Depositing User: Pushyarag Nellikka Puthusserry
Date Deposited: 13 Mar 2024 21:12 UTC
Last Modified: 05 Nov 2024 13:11 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/105316 (The current URI for this page, for reference purposes)

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