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The role of opportunity feasibility beliefs and bribery on resource acquisition speed and new venture emergence

Han, Wei, Luo, Yong (Eddie), Huang, Qihai, Yang, Jun (2022) The role of opportunity feasibility beliefs and bribery on resource acquisition speed and new venture emergence. Journal of Business Research, 149 . pp. 518-527. ISSN 0148-2963. (doi:10.1016/j.jbusres.2022.05.025) (KAR id:95417)

Abstract

Venture creation is an entrepreneurial process initiated by nascent entrepreneurs to identify and exploit opportunities. Beliefs of opportunity feasibility are found to facilitate new venture emergence in developed economy contexts. This paper examines how opportunity beliefs influence venture creation in an emerging economy context. The results of the Chinese Panel Study of Entrepreneurial Dynamics show that opportunity beliefs are negatively related to new venture emergence and the speed of resource acquisition, respectively. Further, entrepreneurs’ bribery behavior moderates the relationship between opportunity beliefs and the speed of resource acquisition. Our research provides important theoretical and policy implications for entrepreneurs and policy makers, especially in emerging economies.

Item Type: Article
DOI/Identification number: 10.1016/j.jbusres.2022.05.025
Uncontrolled keywords: Opportunity belief, bribery, resource acquisition speed, venture creation, emerging economy
Subjects: H Social Sciences
Divisions: Divisions > Kent Business School - Division > Department of Marketing, Entrepreneurship and International Business
Funders: National Natural Science Foundation of China (https://ror.org/01h0zpd94)
Depositing User: Eddie Luo
Date Deposited: 13 Jun 2022 15:46 UTC
Last Modified: 08 Jan 2024 21:59 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/95417 (The current URI for this page, for reference purposes)

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