The Relationship between Resource Acquisition Methods and Firm Performance in Chinese New Ventures: The Intermediate Effect of Learning Capability

Journal of Small Business Management

Volumn 52, Issue 3, 2014, Pages 365-389

  Cai, Li ^a   Hughes, Mathew ^b   Yin, Miaomiao ^a  

^a JILIN UNIVERSITY   (China)

^b DURHAM UNIVERSITY   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84902202514     PISSN: 00472778     EISSN: 1540627X     Source Type: Journal    
DOI: 10.1111/jsbm.12039     Document Type: Article

References (96)

1. Akgün, A. E., H. Keskin, J. C. Byrne, and S. Aren (2007). "Emotional and Learning Capability and Their Impact on Product Innovativeness and Firm Performance, " Technovation 27(9), 501-513.
2. Alvarez, S., and L. Busenitz (2001). "The Entrepreneurship of Resource Based Theory, " Journal of Management 27, 755-775.
3. Argote, L., and P. Ingram (2000). "Knowledge Transfer: A Basis for Competitive Advantage in Firms, " Organizational Behavior and Human Decision Processes 82(1), 150-169.
4. Argote, L., B. McEvily, and R. Reagans (2003). "Managing Knowledge in Organizations: An Integrative Framework and Review of Emerging Themes, " Management Science 49(4), 571-582.
5. Argyris, C., and D. A. Schon (1978). Organizational Learning: A Theory of Action Perspective. Reading, MA: Addison-Wesley.
6. Atuahene-Gima, K. (2005). "Resolving the Capability-Rigidity Paradox in New Product Innovation, " Journal of Marketing 69(4), 61-83.
7. Audretsch, D. B., and E. Lehmann (2006). "Entrepreneurial Access and Absorption of Knowledge Spillovers: Strategic Board and Managerial Composition for Competitive Advantage, " Journal of Small Business Management 44(2), 155-166.
8. Autio, E., H. J. Sapienza, and J. G. Almeida (2000). "Effects of Age at Entry, Knowledge Intensity, and Imitability on International Growth, " Academy of Management Journal 43, 909-924.
9. Barney, J. (1986). "Strategic Factor Markets: Expectations, Luck, and Business Strategy, " Management Science 32(10), 1231-1241.
10. Barney, J. (1991). "Firm Resources and Sustained Competitive Advantage, " Journal of Management 17(1), 99-120.
11. Barney, J. B., and A. M. Arikan (2001). "The Resource-Based View: Origins and Implications, " in Handbook of Strategic Management. Eds. M. A. Hitt, R. E. Freeman, and J. S. Harrison Oxford: Blackwell Publishers, 124- 188.
12. Baron, R., and D. Kenny (1986). "The Moderator-Mediator Variable Distinction in Social Psychological Research: Conceptual, Strategic, and Statistical Consideration, " Journal of Personality and Social Psychology 51, 1173-1182.
13. Biggadike, E. R. (1979). Corporate Diversification: Entry, Strategy and Performance. Boston: Division of Research, Graduate School of Business Administration, Harvard University.
14. Bollen, K. A. (1989). Structural Equations with Latent Variables. New York: John Wiley & Sons.
15. Bowman, C., and N. Collier (2006). "A Contingency Approach to Resource-Creation Processes, " International Journal of Management Reviews 8(4), 191-211.
16. Brush, C. G., and P. A. Vanderwerf (1992). "A Comparison of Methods and Sources for Obtaining Estimates of New Venture Performance, " Journal of Business Venturing 7(2), 157-170.
17. Brush, C. G., P. G. Greene, M. M. Hart, and H. S. Haller (2001). "From Initial Idea to Unique Advantage: The Entrepreneurial Challenge of Constructing A Resource Base, " Academy of Management Executive 15(1), 64-78.
18. Castrogiovanni, G. J. (1991). "Environmental Munificence: A Theoretical Assessment, " Academy of Management Review 16, 542-565.
19. Chandler, G. N., and S. H. Hanks (1994). "Market Attractiveness, Resource-Based Capabilities, Venture Strategies, and Venture Performance, " Journal of Business Venturing 9(4), 331-349.
20. Chi, T. (1994). "Trading in Strategic Resources: Necessary Conditions, Transaction Cost Problems, and Choice of Exchange Structure, " Strategic Management Journal 15(4), 271-290.
21. Chiva, R., J. Alegre, and R. Lapiedra (2007). "Measuring Organisational Learning Capability among the Workforce, " International Journal of Manpower 28(3-4), 224-242.
22. Cohen, W. M., and D. A. Levinthal (1990). "Absorptive Capacity: A New Perspective on Learning and Innovation, " Administrative Science Quarterly 35, 128-152.
23. Costa, I., and S. R. R. Queiroz (2002). "Foreign Direct Investment and Technological Capabilities in Brazilian Industry, " Research Policy 31(8-9), 1431-1443.
24. Covin, J. G., and D. Slevin (1991). "A Conceptual Model of Entrepreneurship as Firm Behavior, " Entrepreneurship: Theory and Practice 16(1), 7-24.
25. Crossan, M., H. W. Lane, and R. E. White (1999). "An Organizational Learning Framework: From Intuition to Institution, " Academy of Management Review 24(3), 522-537.
26. Das, T. K., and B. S. Teng (2000). "A Resource-Based Theory of Strategic Alliances, " Journal of Management 26(1), 31-61.
27. Denrell, J. (2003). "Vicarious Learning, Undersampling of Failure, and the Myths of Management, " Organization Science 14(3), 227-243.
28. DiBella, A. J., E. C. Nevis, and J. M. Gould (1996). "Understanding Organizational Learning Capability, " Journal of Management Studies 33(3), 361-379.
29. Dushnitsky, G. (2010). "Entrepreneurial Optimism in the Market for Technology Inventions, " Organization Science 21(1), 150-167.
30. Eisenhardt, K. M., and J. Martin (2000). "Dynamic Capabilities: What Are They? " Strategic Management Journal 21, 1105-1121.
31. Eisenhardt, K. M., and C. B. Schoonhoven (1996). "Resource-Based View of Strategic Alliance Formation: Strategic and Social Effects in Entrepreneurial Firms, " Organization Science 7(2), 136-150.
32. Fiol, C. M., and M. A. Lyles (1985). "Organizational Learning, " Academy of Management Review 10(4), 803-813.
33. Garvin, D. A. (2000). Learning in Action: A Guide to Putting the Learning Organization to Work. Boston, MA: Harvard Business School Press.
34. Gerwin, D., and H. Kolodny (1992). Management of Advanced Manufacturing Technology: Strategy, Organization, and Innovation. New York: John Wiley and Sons.
35. Gilbert, B. A., P. McDougall, and D. B. Audretsch (2008). "Clusters, Knowledge Spillovers and New Venture Performance: An Empirical Examination, " Journal of Business Venturing 23(4), 405-422.
36. Goh, S. C. (1998). "Toward a Learning Organization: The Strategic Building Blocks, " SAM Advanced Management Journal 62(2), 15-21.
37. Goh, S. and G. Richards (1997). "Benchmarking the Learning Capability of Organizations, " European Management Journal 15(5), 575-583.
38. Gulati, R., N. Nohria, and A. Zaheer (2000). "Strategic Networks, " Strategic Management Journal 21, 203-215.
39. Hall, J., and C. W. Hofer (1993). "Venture Capitalists' Decision Criteria in New Venture Evaluation, " Journal of Business Venturing 8(1), 25-42.
40. Hall, R. H. (1987). Organizations: Structures, Processes and Outcomes. Englewood Cliffs, NJ: Prentice-Hall.
41. He, Z. L., and P. K. Wong (2004). "Exploration vs. Exploitation: An Empirical Test of the Ambidexterity Hypothesis, " Organization Science 15(4), 481-494.
42. Helfat, C. E., and M. A. Peteraf (2003). "The Dynamic Resource-Based View: Capability Lifecycles, " Strategic Management Journal 24(10), 997-1010.
43. Henderson, A. (1999). "Firm Strategy and Age Dependence: A Contingent View of the Liabilities of Newness, Adolescence and Obsolescence, " Administrative Science Quarterly 44, 281-314.
44. Hite, J. M., and W. S. Hesterly (2001). "The Evolution of Firm Networks: From Emergence to Early Growth of the Firm, " Strategic Management Journal 22, 275-286.
45. Hitt, M. A., D. Ahlstrom, M. T. Dacin, E. Levitas, and L. Svobodina (2004). "The Institutional Effects on Strategic Alliance Partner Selection in Transition Economies: China vs. Russia, " Organization Science 15(2), 173-185.
46. Hsu, H. Y., and W. C. Fang (2009). "Intellectual Capital and New Product Development Performance: The Mediating Role of Organizational Learning Capability, " Technological Forecasting and Social Change 76(5), 664-677.
47. Hughes, M., R. D. Ireland, and R. E. Morgan (2007). "Stimulating Dynamic Value: Social Capital and Business Incubation as a Pathway to Competitive Success, " Long Range Planning 40(2), 154-177.
48. Hult, G. T. M., and O. C. Ferrell (1997). "Global Organizational Learning Capacity in Purchasing: Construct and Measurement, " Journal of Business Research 40, 97-111.
49. Jennings, P., and G. Beaver (1997). "The Performance and Competitive Advantage of Small Firms: A Management Perspective, " International Small Business Journal 15(2), 63-75.
50. Jerez-Gómez, P., J. Céspedes-Lorente, and R. Valle-Cabrera (2005). "Organizational Learning Capability: A Proposal of Measurement, " Journal of Business Research 58(6), 715-725.
51. Johnson, J. L., and R. S. Sohi (2003). "The Development of Inter-Firm Partnering Competence: Platforms for Learning, Learning Activities, and Consequences of Learning, " Journal of Business Research 56(9), 757-766.
52. Kogut, B., and U. Zander (1992). "Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology, " Organization Science 3, 383-397.
53. Lane, P. J., and M. Lubatkin (1998). "Relative Absorptive Capacity and Inter-Organizational Learning, " Strategic Management Journal 19, 461-477.
54. Lei, D., J. W. Slocum, and R. A. Pitts (1999). "Designing Organizations for Competitive Advantage: The Power of Unlearning and Learning, " Organizational Dynamics 37(3), 24-38.
55. Lemon, M., and P. S. Sahota (2004). "Organizational Culture as a Knowledge Repository for Increased Innovative Capacity, " Technovation 24(6), 483-498.
56. Leonard-Barton, D. (1992). "Core Capabilities and Core Rigidities: A Paradox in Managing New Product Development, " Strategic Management Journal 13, 111-125.
57. Lounsbury, M., and M. A. Glynn (2001). "Cultural Entrepreneurship: Stories, Legitimacy, and the Acquisition of Resources, " Strategic Management Journal 22, 545-564.
58. Lumpkin, G. T., and G. G. Dess (2001). "Linking Two Dimensions of Entrepreneurial Orientation to Firm Performance: The Moderating Role of Environment and Industry Life Cycle, " Journal of Business Venturing 16(5), 429-451.
59. Lynn, G. S., and A. E. Akgun (2000). "A New Product Development Learning Model: Antecedents and Consequences of Declarative and Procedural Knowledge, " International Journal of Technology 20(5-8), 490-510.
60. Makino, S., and A. Delios (1996). "Local Knowledge Transfer and Performance: Implications for Alliance Formation in Asia, " Journal of International Business Studies 27(5), 905-927.
61. March, J. G. (1991). "Exploration and Exploitation in Organizational Learning, " Organization Science 2(1), 71-97.
62. Martens, M. L., J. E. Jennings, and P. D. Jennings (2007). "Do the Stories They Tell Get Them the Money They Need? The Role of Entrepreneurial Narratives in Resource Acquisition, " Academy of Management Journal 50(5), 1107-1132.
63. Mathews, J. A. (2003). "Strategizing by Firms in the Presence of Markets for Resources, " Industrial and Corporate Change 12(6), 1157-1193.
64. McDougall, P., and R. Robinson, Jr (1990). "New Venture Strategies: An Empirical Identification of Eight 'Archetypes' of Competitive Strategies for Entry, " Strategic Management Journal 11, 447-467.
65. Miller, A., and B. Camp (1985). "Exploring Determinants of Success in Corporate Ventures, " Journal of Business Venturing 1, 87-105.
66. Molina-Morales, M. F., and M. T. Martínez-Fernández (2010). "Social Networks: Effects of Social Capital on Firm Innovation, " Journal of Small Business Management 48(2), 258-279.
67. Murphy, G. B., J. W. Trailer, and R. C. Hill (1996). "Measuring Performance in Entrepreneurship, " Journal of Business Research 36, 15-23.
68. Nahapiet, J., and S. Ghoshal (1998). "Social Capital, Intellectual Capital, and the Organizational Advantage, " Academy of Management Review 23, 242-266.
69. Nunnally, J. C. (1978). Psychometric Theory. New York: McGraw-Hill.
70. Pfeffer, J., and G. R. Salancik (1978). The External Control of Organizations: A Resource Dependence Perspective. New York: Harper and Row.
71. Pirolo, L., and M. Presutti (2010). "The Impact of Social Capital on the Start-Ups' Performance Growth, " Journal of Small Business Management 48(2), 197-227.
72. Podsakoff, P. M., and D. W. Organ (1986). "Self-Reports in Organizational Research: Problems and Prospects, " Journal of Management 12(4), 531-544.
73. Pollock, T. G., and V. P. Rindova (2003). "Media Legitimation Effects in the Market for Initial Public Offerings, " Academy of Management Journal 46(5), 631-642.
74. Premaratne, S. P. (2001). "Networks, Resources, and Small Business Growth: The Experience in Sri Lanka, " Journal of Small Business Management 39(4), 363-371.
75. Romanelli, E. (1987). "New Venture Strategies in the Microcomputer Industry, " California Management Review 30, 160-175.
76. Sapienza, H. J., E. Autio, G. George, and S. A. Zahra (2006). "A Capabilities Perspective on the Effects of Early Internationalization of Firm Survival and Growth, " Academy of Management Review 31(4), 914-933.
77. Schroeder, R. G., K. A. Bates, and M. A. Junttila (2002). "A Resource-Based View of Manufacturing Strategy and the Relationship to Manufacturing Performance, " Strategic Management Journal 23(2), 105-117.
78. Senge, P. M. (1990). The Fifth Discipline: Art and Practice of the Learning Organization. New York: Doubleday.
79. Shane, S. (2003). A General Theory of Entrepreneurship: The Individual-Opportunity Nexus. Northampton, MA: Edward Elgar.
80. Shane, S., and D. Cable (2002). "Network Ties, Reputation and the Financing of New Ventures, " Management Science 48(3), 364-381.
81. Shrivastava, P. (1983). "A Typology of Organizational Learning Systems, " Journal of Management Studies 20(1), 8-28.
82. Sinkula, J. M. (1994). "Market Information Processing and Organizational Learning, " Journal of Marketing 58(1), 35-45.
83. Sirmon, D. G., and M. A. Hitt (2003). "Managing Resources: Linking Unique Resources, Management and Wealth Creation in Family Firms, " Entrepreneurship Theory and Practice 27(4), 339-358.
84. Sirmon, D. G., M. A. Hitt, and R. D. Ireland (2007). "Managing Firm Resources in Dynamic Environments to Create Value: Looking Inside the Black Box, " Academy of Management Review 32(1), 273-292.
85. Steier, L., and R. Greenwood (2000). "Entrepreneurship and the Evolution of Angel Financial Networks, " Organization Studies 21(1), 163-192.
86. Stinchcombe, A. (1965). "Social Structures and Organizations, " in Handbook of Organizations. Ed. J. March Chicago, IL: Rand McNally, 142-193.
87. Stuart, T. E., H. Hoang, and R. C. Hybels (1999). "Interorganizational Endorsements and the Performance of Entrepreneurial Ventures, " Administrative Science Quarterly 44(2), 315-349.
88. Szulanski, G. (1996). "Exploring Internal Stickiness Impediments to the Transfer of Best Practice within the Firm, " Strategic Management Journal 17, 27-44.
89. Tsai, W. (2001). "Knowledge Transfer in Intraorganizational Networks: Effects of Network Position and Absorptive Capacity on Business Unit Innovation and Performance, " Academy of Management Journal 44(5), 996-1004.
90. Uhlenbruck, K., K. E. Meyer, and M. A. Hitt (2003). "Organizational Transformation in Transition Economies: Resource Based and Organizational Learning Perspectives, " Journal of Management Studies 40, 257-282.
91. Ulrich, D., M. A. Glinow, and T. Jick (1993). "High-Impact Learning: Building and Diffusing Learning Capability, " Organizational Dynamics 22(2), 52-66.
92. Venkatraman, N., and V. Ramanujam (1986). "Measurement of Business Performance in Strategy Research: A Comparison of Approaches, " Academy of Management Review 11(4), 801-814.
93. Vesper, K. H. (1980). New Venture Strategies. Englewood Cliffs, NJ: Prentice-Hall.
94. Wong, S., C. Soh, B. Neo, and G. Goren (1993). "The Role of Information Technology in Singapore's New-Venture Development, " Journal of Small Business and Entrepreneurship 10(3), 101-111.
95. Zahra, S. A. (1993). "Environment, Corporate Entrepreneurship, and Financial Performance: A Taxonomic Approach, " Journal of Business Venturing 8(4), 319-340.
96. Zhang, J., P. H. Soh, and P. K. Wong (2010). "Entrepreneurial Resource Acquisition through Indirect Ties: Compensatory Effects of Prior Knowledge, " Journal of Management 36(2), 511-536.