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The relationship between resources and capabilities of new ventures in emerging economies

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Abstract

Despite the fact that the resource-based view has drawn a great deal of attention in studying new ventures, our understanding on resource management in the emerging economies is limited and there are many unsolved issues. In this paper, theoretical reasoning approach is applied to analyze the relationship between the entrepreneurial resources and the organizational capabilities (including operating and dynamic capabilities) for new ventures. An empirical study in the context of emerging economy in China is conducted to verify the theoretical reasoning. As information technology becomes a key element for new ventures, the enterprise resources relevant to the network technology and e-commerce are especially focused, as well as the impact of information acquisition on the resource combination. The results from the theoretical and empirical study have shown that resource combination mediates the relationship of entrepreneurial resources and organizational capability. It is also found that the information acquisition affects the organizational capabilities significantly; however, there is an inverted U-shape relationship between the information acquisition and the resource combination in emerging economies .

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Acknowledgments

This work was supported in part by the National Natural Science Foundation of China (NNSFC) under Grant 71172019 and the State Key Program of National Natural Science of China (NNSFC) under Grant 71232011.

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Authors and Affiliations

  1. School of Management and Entrepreneurship Research Center, Jilin University, 5988 Renmin Street, Changchun, 130022, Jilin, China

    Biaoan Shan, Li Cai & Shuqin Tang

  2. Postdoctoral Research Station of Management Science and Engineering, Jilin University, 5988 Renmin Street, Changchun, 130022, Jilin, China

    Biaoan Shan

  3. Department of Management, Pamplin College of Business, Virginia Tech, Blacksburg, VA, USA

    Donald E. Hatfield

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  1. Biaoan Shan
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  2. Li Cai
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  4. Shuqin Tang
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Correspondence to Li Cai.

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Shan, B., Cai, L., Hatfield, D.E. et al. The relationship between resources and capabilities of new ventures in emerging economies. Inf Technol Manag 15, 99–108 (2014). https://doi.org/10.1007/s10799-014-0177-1

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