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New Venture Performance in Transition Economies from Different Institutional Perspectives

Author

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  • Garry D. Bruton
  • Zhongfeng Su
  • Igor Filatotchev

Abstract

Building on institutional theory, this study examines the effects of dysfunctional competition and government ties on new venture performance in transition economies. And, it goes deeper to investigate how these effects are contingent on a new venture's entrepreneurial orientation (EO). It finds that EO weakens the negative relationship between dysfunctional competition and new venture performance but exacerbates the negative linkage of government ties to new venture performance. The findings not only illustrate how government impacts new venture performance in transition economies, but also indicate that new ventures can leverage entrepreneurship to cope with the effects of government‐related factors.

Suggested Citation

  • Garry D. Bruton & Zhongfeng Su & Igor Filatotchev, 2018. "New Venture Performance in Transition Economies from Different Institutional Perspectives," Journal of Small Business Management, Taylor & Francis Journals, vol. 56(3), pages 374-391, July.
    • Handle: RePEc:taf:ujbmxx:v:56:y:2018:i:3:p:374-391
    DOI: 10.1111/jsbm.12266
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    Cited by:

    1. Zhang, Feng & Zhu, Lei & Xu, Zhi & Wu, Yingying, 2023. "Moving from reverse engineering to disruptive innovation in emerging markets: The importance of knowledge creation," Technovation, Elsevier, vol. 125(C).
    2. Yunqing Liu & Zekun Dai & Yiting Wu & Fang Da, 2023. "How the Social Relations Affect Performance in Chinese High-tech New Ventures: The Role of Legitimacy Acquisition and Symbolic Strategy," SAGE Open, , vol. 13(4), pages 21582440231, December.
    3. Galina Shirokova & Tatiana Beliaeva & Tatiana S. Manolova, 2023. "The Role of Context for Theory Development: Evidence From Entrepreneurship Research on Russia," Entrepreneurship Theory and Practice, , vol. 47(6), pages 2384-2418, November.
    4. Solomon Akele Abebe, 2023. "Refugee entrepreneurship: systematic and thematic analyses and a research agenda," Small Business Economics, Springer, vol. 60(1), pages 315-350, January.
    5. Gan, Siew Wei & Sarma, Vengadeshvaran & Tang, Yu Hoe & Sim, Siew Chen, 2022. "Entrepreneurship Training and Online Marketplace Participation among Female Persons with Disabilities," ADBI Working Papers 1342, Asian Development Bank Institute.
    6. Natalia Vershinina & Gideon Markman & Liang Han & Peter Rodgers & John Kitching & Nigar Hashimzade & Rowena Barrett, 2022. "Gendered regulations and SME performance in transition economies," Small Business Economics, Springer, vol. 58(2), pages 1113-1130, February.

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