TY - JOUR
T1 - Entrepreneurial alertness and new venture performance
T2 - Facilitating roles of networking capability
AU - Adomako, Samuel
AU - Danso, Albert
AU - Boso, Nathaniel
AU - Narteh, Bedman
N1 - Publisher Copyright:
© The Author(s) 2018.
PY - 2018/8/1
Y1 - 2018/8/1
N2 - An ability to act upon an entrepreneurial opportunity is a major driver of new venture success. However, scholarly knowledge is limited on how and when entrepreneur alertness to entrepreneurial opportunities drives new venture success. This article addresses this gap arguing that variations in new venture performance are a function of levels of entrepreneurial alertness and networking capabilities. Using primary data gathered from 203 new ventures operating in a sub-Saharan African economy, Ghana, we find that increases in the levels of entrepreneurial alertness are related to increases in new venture performance. Additionally, we find that, under conditions of increased use of social and business networking capabilities, the potency of entrepreneurial alertness as a driver of new venture success is amplified. Theoretical, managerial and policy implications of these findings are discussed.
AB - An ability to act upon an entrepreneurial opportunity is a major driver of new venture success. However, scholarly knowledge is limited on how and when entrepreneur alertness to entrepreneurial opportunities drives new venture success. This article addresses this gap arguing that variations in new venture performance are a function of levels of entrepreneurial alertness and networking capabilities. Using primary data gathered from 203 new ventures operating in a sub-Saharan African economy, Ghana, we find that increases in the levels of entrepreneurial alertness are related to increases in new venture performance. Additionally, we find that, under conditions of increased use of social and business networking capabilities, the potency of entrepreneurial alertness as a driver of new venture success is amplified. Theoretical, managerial and policy implications of these findings are discussed.
KW - developing economy
KW - entrepreneurial alertness
KW - networking capability
KW - new venture performance
UR - http://www.scopus.com/inward/record.url?scp=85050371876&partnerID=8YFLogxK
U2 - 10.1177/0266242617747667
DO - 10.1177/0266242617747667
M3 - Article
AN - SCOPUS:85050371876
SN - 0266-2426
VL - 36
SP - 453
EP - 472
JO - International Small Business Journal: Researching Entrepreneurship
JF - International Small Business Journal: Researching Entrepreneurship
IS - 5
ER -