Entrepreneurial Growth Intention and New Venture Performance in Times of Crisis: A Conceptual Model

We argue that the severity of the crisis a firm is exposed to acts as a positive contingency for the performance level of the new venture. Despite numerous investigations into new venture perfor-mance, our comprehension of the factors impacting such performance during a crisis remains in-complete. This paper seeks to construct a comprehensive model encompassing these factors and provide the proposed conceptual model and propositions. Employing a methodology that includes an exhaustive review of empirical and conceptual articles related to the subject, the suggested framework was developed through a diverse integration of available research. According to the study's theoretical underpinnings, there is a direct relationship between entrepreneurial growth in-tention and new venture performance and an indirect relationship mediated by entrepreneurial self-efficacy. Strategic agility is proposed as the moderator, and when strategic agility is higher, the relationship between entrepreneurial self-efficacy and the new venture performance is greater. The study contributes to extending the framework's application within the ontological realms of entre-preneurship and crisis literature. In conclusion, this study not only advances our understanding of the dynamics of new venture performance during crises but also opens avenues for future explo-rations in our conceptualization.

Authors

Publication Details

Journal
Journal of Business and Technology
Published
2025-01-27
DOI
https://doi.org/10.4038/jbt.v9i1.144
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
0.00
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article

Entrepreneurial Growth Intention and New Venture Performance in Times of Crisis: A Conceptual Model

Kumudu Jayawardhana, Hapugoda Achchi Kankanamge Nadee Sheresha Surangi, W. M. H. K. Bandara
Journal of Business and Technology
Entrepreneurship Studies and Influences
article

Entrepreneurial Growth Intention and New Venture Performance in Times of Crisis: A Conceptual Model

Kumudu Jayawardhana, Hapugoda Achchi Kankanamge Nadee Sheresha Surangi, W. M. H. K. Bandara
article en

Abstract

We argue that the severity of the crisis a firm is exposed to acts as a positive contingency for the performance level of the new venture. Despite numerous investigations into new venture perfor-mance, our comprehension of the factors impacting such performance during a crisis remains in-complete. This paper seeks to construct a comprehensive model encompassing these factors and provide the proposed conceptual model and propositions. Employing a methodology that includes an exhaustive review of empirical and conceptual articles related to the subject, the suggested framework was developed through a diverse integration of available research. According to the study's theoretical underpinnings, there is a direct relationship between entrepreneurial growth in-tention and new venture performance and an indirect relationship mediated by entrepreneurial self-efficacy. Strategic agility is proposed as the moderator, and when strategic agility is higher, the relationship between entrepreneurial self-efficacy and the new venture performance is greater. The study contributes to extending the framework's application within the ontological realms of entre-preneurship and crisis literature. In conclusion, this study not only advances our understanding of the dynamics of new venture performance during crises but also opens avenues for future explo-rations in our conceptualization.

Journal of Business and TechnologyVol. 9(1)
Openalex Percentile: Top 98%
Entrepreneurship Studies and Influences
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