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Entrepreneurial resources and speed of entrepreneurial success in an emerging market: the moderating effect of entrepreneurship

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Abstract

This study probes into the effects of entrepreneurial resources on speed of entrepreneurial success and attempts to find if the entrepreneurship moderates the relationship. Accordingly, this study validates the hypothesis using the Cox regression model. Based on the empirical analytical result of 374 small and medium Chinese enterprises, for entrepreneurs with stronger entrepreneurship, the effect of their owned funds on speed of entrepreneurial success is more significant than those without entrepreneurship. In addition, for entrepreneurs with stronger entrepreneurship, the effect of network ties on speed of entrepreneurial success is superior to those without entrepreneurship.

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  1. Department of Wealth and Taxation Management, National Kaohsiung University of Applied Sciences, No. 415, Jiangong Road, Sanmin Dist., Kaohsiung City 807, Taiwan, Republic of China

    Hao-Chen Huang

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Appendix: Survey items

Appendix: Survey items

Each variable is examined with the Likert scale, and the degree of agreement toward each variable item can be categorized into five levels. Points awarded to each level range from five to one where five means “extremely agree” and one means “extremely disagree.”

Construct

Survey Items

References

Entrepreneur’s owned funds

∙ When developing business ventures, I will try to prepare sufficient entrepreneurial capital.

Boso et al. (2012)

∙ When developing a business venture, I will prepare the funds needed for investment.

∙ When developing a business venture, I can easily acquire the required capital.

∙ When developing a business venture, I can freely use the entrepreneurial capital.

Entrepreneur’s human capital

∙ I have the specialty and educational background matching the field of the business venture.

Beckman et al. (2007); Eisenhardt and Schoonhoven (1990); Hsu (2007); Shane and Stuart (2002)

∙ I have the experience of running a successful business venture.

∙ I have work experience matching the field of the business venture.

∙ I did not have prominent corporate governance experience in the past. (R)

Entrepreneur’s network ties

∙ I have many potential partners benefiting the business venture.

BarNir and Smith (2002); Hallen (2008)

∙ I share common values with my business partners.

∙ I have mutual trust and respect with my business partners.

∙ I frequently exchange entrepreneurial experience and learning with my business partners.

Entrepreneurship

∙ I have the intention to undertake the risk to develop new business.

Dess et al. (1997)

∙ I always actively deal with all challenges in business.

∙ I can set up entrepreneurial decision-making by my self-determination and I am not easily influenced.

∙ I always precisely recognize entrepreneurial opportunities.

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Huang, HC. Entrepreneurial resources and speed of entrepreneurial success in an emerging market: the moderating effect of entrepreneurship. Int Entrep Manag J 12, 1–26 (2016). https://doi.org/10.1007/s11365-014-0321-8

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