Navigating uncertainty: configurations of entrepreneurial behaviors for new venture performance

Purpose The entrepreneurial process often cannot be explained by a single entrepreneurial theory. Instead, it is more likely the result of the interaction between various entrepreneurial behavior patterns and different environmental conditions. However, existing research has frequently overlooked the complexity inherent in the entrepreneurial phenomenon. Building on a configurational perspective, this study aims to examine how new ventures can use different behavioral configurations to achieve high performance amid various uncertain environments. Design/methodology/approach Based on the survey data from 143 new start-ups in China’s software industry, this study uses fuzzy-set qualitative comparative analysis (fsQCA). Findings This study jointly considers multiple entrepreneurial behaviors − causation, effectuation and entrepreneurial bricolage and different types of environmental uncertainty − state uncertainty, effect uncertainty and response uncertainty. The findings reveal three behavioral configurations for high/nonhigh new venture performance. Originality/value This study expands previous insights into the relationship between entrepreneurial behaviors and new venture performance from the perspective of configurational theory. Moreover, it offers new insights into the types of uncertainty, further refining our understanding of the uncertainties inherent in entrepreneurial activities.

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Publication Details

Journal
Chinese Management Studies
Published
2024-09-19
DOI
https://doi.org/10.1108/cms-10-2023-0540
Citations
7
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
5.12
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article

Navigating uncertainty: configurations of entrepreneurial behaviors for new venture performance

Yida Tao, Wenjing Zhao, Xiaoyu Yu
7 citations
Chinese Management Studies
Entrepreneurship Studies and Influences
5.12
article

Navigating uncertainty: configurations of entrepreneurial behaviors for new venture performance

Yida Tao, Wenjing Zhao, Xiaoyu Yu
article en
7 citations

Abstract

Purpose The entrepreneurial process often cannot be explained by a single entrepreneurial theory. Instead, it is more likely the result of the interaction between various entrepreneurial behavior patterns and different environmental conditions. However, existing research has frequently overlooked the complexity inherent in the entrepreneurial phenomenon. Building on a configurational perspective, this study aims to examine how new ventures can use different behavioral configurations to achieve high performance amid various uncertain environments. Design/methodology/approach Based on the survey data from 143 new start-ups in China’s software industry, this study uses fuzzy-set qualitative comparative analysis (fsQCA). Findings This study jointly considers multiple entrepreneurial behaviors − causation, effectuation and entrepreneurial bricolage and different types of environmental uncertainty − state uncertainty, effect uncertainty and response uncertainty. The findings reveal three behavioral configurations for high/nonhigh new venture performance. Originality/value This study expands previous insights into the relationship between entrepreneurial behaviors and new venture performance from the perspective of configurational theory. Moreover, it offers new insights into the types of uncertainty, further refining our understanding of the uncertainties inherent in entrepreneurial activities.

Chinese Management StudiesVol. 19(4)
Shanghai University (CN), Shanghai University of Engineering Science (CN)
Decent work and economic growth
Openalex Percentile: Top 5%
Entrepreneurship Studies and Influences
5.12
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