Entrepreneurial Leadership and Innovation Performance in New Ventures: Examining the Roles of Strategic Flexibility and Environmental Turbulence
Abstract
This study seeks to disclose the influencing mechanism of entrepreneurial leadership on innovation performance in new ventures. Drawing on the upper echelons theory, we construct a mediation model to examine the mechanism through which entrepreneurial leadership affects innovation performance of new ventures via strategic flexibility. To obtain an in-depth understanding of the mediating mechanism, this study argues that environmental turbulence could be considered as the moderating variable. Our hypotheses are tested on a sample of 175 Chinese high-tech new ventures. The results show that strategic flexibility mediates the association between entrepreneurial leadership and innovation performance. However, the results only support the moderation of technological turbulence on the association between entrepreneurial leadership and strategic flexibility. Our findings extend the entrepreneurship and leadership research by investigating how entrepreneurial leadership affects innovation performance of new ventures via strategic flexibility, and the effectiveness of entrepreneurial leadership under technological turbulence.
Funding source: National Social Science Foundation of China
Award Identifier / Grant number: 19CRK021
Funding source: Philosophy and Social Science Program of Shanghai City
Award Identifier / Grant number: 2019EGL020
Funding source: Philosophy and Social Science Program of Shanghai City
Award Identifier / Grant number: 2018BSH006
Funding source: Humanities and Social Sciences Program of Chinese Ministry of Education
Award Identifier / Grant number: 18YJA79011
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Research funding: This work was supported by the National Social Science Foundation of China (No. 19CRK021), Philosophy and Social Science Program of Shanghai City (No. 2019EGL020), Philosophy and Social Science Program of Shanghai City (No. 2018BSH006) and Humanities and Social Sciences Program of Chinese Ministry of Education (No. 18YJA79011).
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Articles in the same Issue
- Frontmatter
- Competitive Research Articles
- Do You Need to be Risk-Tolerant to Become an Entrepreneur? The Importance of the Reference Point
- Value Co-creation and Growth of Social Enterprises in Developing Countries: Moderating Role of Environmental Dynamics
- Entrepreneurial Action and Competencies: Exploring Pathways to Venturing Accomplishments
- Entrepreneurial Ecosystems, New Business Formation, and Scale-up Activity: Evidence from 286 Chinese Cities
- Building the First Business Relationships: Incubatees in University Business Incubators (UBIs)
- Entrepreneurial Leadership and Innovation Performance in New Ventures: Examining the Roles of Strategic Flexibility and Environmental Turbulence
Articles in the same Issue
- Frontmatter
- Competitive Research Articles
- Do You Need to be Risk-Tolerant to Become an Entrepreneur? The Importance of the Reference Point
- Value Co-creation and Growth of Social Enterprises in Developing Countries: Moderating Role of Environmental Dynamics
- Entrepreneurial Action and Competencies: Exploring Pathways to Venturing Accomplishments
- Entrepreneurial Ecosystems, New Business Formation, and Scale-up Activity: Evidence from 286 Chinese Cities
- Building the First Business Relationships: Incubatees in University Business Incubators (UBIs)
- Entrepreneurial Leadership and Innovation Performance in New Ventures: Examining the Roles of Strategic Flexibility and Environmental Turbulence