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Managerial ties, organizational learning, and opportunity capture: A social capital perspective

Author

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  • Yuan Li

    ()

  • Haowen Chen

    ()

  • Yi Liu
  • Mike Peng

    ()

Abstract

From a social capital perspective, this article investigates how entrepreneurs in new ventures utilize their managerial ties (consisting of ties with other firms and ties with government) to capture opportunity. We also explore the moderating role of organizational learning (via exploratory learning and exploitative learning) in this process. Drawing on a sample of 159 new ventures, we find that ties with other firms have a stronger positive effect on opportunity capture than ties with government. We also find that organizational learning moderates the relationship between managerial ties and opportunity capture. Overall, our contributions center on an integrated view of organizational learning, social relationships, and opportunity capture. Copyright Springer Science+Business Media New York 2014

Suggested Citation

  • Yuan Li & Haowen Chen & Yi Liu & Mike Peng, 2014. "Managerial ties, organizational learning, and opportunity capture: A social capital perspective," Asia Pacific Journal of Management, Springer, vol. 31(1), pages 271-291, March.
  • Handle: RePEc:kap:asiapa:v:31:y:2014:i:1:p:271-291
    DOI: 10.1007/s10490-012-9330-8
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    References listed on IDEAS

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    Cited by:

    1. repec:gam:jsusta:v:9:y:2017:i:9:p:1564-:d:110726 is not listed on IDEAS
    2. Jing Zhang & Justin Tan & Poh Wong, 2015. "When does investment in political ties improve firm performance? The contingent effect of innovation activities," Asia Pacific Journal of Management, Springer, vol. 32(2), pages 363-387, June.
    3. Ivan De Noni & Roberta Apa, 2015. "The moderating effect of exploitative and exploratory learning on internationalisation–performance relationship in SMEs," Journal of International Entrepreneurship, Springer, vol. 13(2), pages 96-117, June.
    4. A. Ashwin & Rishikesha Krishnan & Rejie George, 2015. "Family firms in India: family involvement, innovation and agency and stewardship behaviors," Asia Pacific Journal of Management, Springer, vol. 32(4), pages 869-900, December.
    5. Canan Mutlu & Wu Zhan & Mike Peng & Zhiang Lin, 2015. "Competing in (and out of) transition economies," Asia Pacific Journal of Management, Springer, vol. 32(3), pages 571-596, September.
    6. repec:krk:eberjl:v:4:y:2016:i:1:p:181-191 is not listed on IDEAS
    7. Muzychenko, Olga & Liesch, Peter W., 2015. "International opportunity identification in the internationalisation of the firm," Journal of World Business, Elsevier, vol. 50(4), pages 704-717.
    8. Michael Carney, 2015. "Capacity building at the Asia Pacific Journal of Management," Asia Pacific Journal of Management, Springer, vol. 32(4), pages 827-833, December.
    9. Zhao, Hongxin & Lu, Jiangyong, 2016. "Contingent value of political capital in bank loan acquisition: Evidence from founder-controlled private enterprises in China," Journal of Business Venturing, Elsevier, vol. 31(2), pages 153-174.
    10. repec:eee:touman:v:61:y:2017:i:c:p:553-561 is not listed on IDEAS
    11. Mike W. Peng & Yuan Li & Longwei Tian, 2016. "Tian-ren-he-yi strategy: An Eastern perspective," Asia Pacific Journal of Management, Springer, vol. 33(3), pages 695-722, September.
    12. Yaqun Yi & Yuan Li & Michael A. Hitt & Yi Liu & Zelong Wei, 2016. "The influence of resource bundling on the speed of strategic change: Moderating effects of relational capital," Asia Pacific Journal of Management, Springer, vol. 33(2), pages 435-467, June.
    13. Zhou Jiang & Xiaowen Hu, 2016. "Knowledge Sharing and Life Satisfaction: The Roles of Colleague Relationships and Gender," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 126(1), pages 379-394, March.
    14. repec:dug:actaec:y:2016:i:5:p:120-129 is not listed on IDEAS
    15. repec:eee:touman:v:64:y:2018:i:c:p:258-270 is not listed on IDEAS
    16. Li, Jingxun & Lee, Ruby P., 2015. "Can knowledge transfer within MNCs hurt subsidiary performance? The role of subsidiary entrepreneurial culture and capabilities," Journal of World Business, Elsevier, vol. 50(4), pages 663-673.

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