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Keywords = entrepreneurial business tie

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18 pages, 589 KiB  
Article
Entrepreneurial Business Tie and Product Innovation: A Moderated Mediation Model
by Gang Wang, Linwei Li and Gang Ma
Sustainability 2019, 11(23), 6628; https://doi.org/10.3390/su11236628 - 23 Nov 2019
Cited by 5 | Viewed by 3371
Abstract
Radical innovation has attracted increasing attention in corporate sustainability research. Employing a social capital perspective, we explore how and when entrepreneurial business ties (EBTs) enhance radical innovation by considering risk taking as a critical mediator and environmental turbulence as a conditional factor of [...] Read more.
Radical innovation has attracted increasing attention in corporate sustainability research. Employing a social capital perspective, we explore how and when entrepreneurial business ties (EBTs) enhance radical innovation by considering risk taking as a critical mediator and environmental turbulence as a conditional factor of the mediation effect. Data is collected from 322 Chinese new ventures. We find empirical support for the moderated mediation model. Specifically, EBT is positively related to risk taking while risk taking is positively related to radical innovation. Risk taking further serves as a mediator in the EBT-radical innovation relationship, and this indirect effect is stronger at a high level of technological turbulence. By revealing how entrepreneurs translate their business ties into positive radical innovation outcomes through risk taking and when this indirect effect is most effective, we enhance understandings of the value of EBT and how to impel radical innovation. Full article
(This article belongs to the Special Issue Entrepreneurship, Competitiveness and Innovation)
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