Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

The influence of institutional support on innovation performance of new ventures: the mediating mechanism of entrepreneurial orientation

Version 1 : Received: 15 January 2022 / Approved: 20 January 2022 / Online: 20 January 2022 (08:12:07 CET)

A peer-reviewed article of this Preprint also exists.

Yang, J.; Yu, M. The Influence of Institutional Support on the Innovation Performance of New Ventures: The Mediating Mechanism of Entrepreneurial Orientation. Sustainability 2022, 14, 2212. Yang, J.; Yu, M. The Influence of Institutional Support on the Innovation Performance of New Ventures: The Mediating Mechanism of Entrepreneurial Orientation. Sustainability 2022, 14, 2212.

Journal reference: Sustainability 2022, 14, 2212
DOI: 10.3390/su14042212

Abstract

Based on the institutional theory and resource-based theory and the "institution-strategy-performance" research paradigm, this research explores the mechanism of institutional support on the innovation performance of new ventures, focusing on the mediating role of entrepreneurs and the moderating role of innovative resource acquisition. An empirical analysis based on 278 survey samples shows that: ① (formal/informal) institutional support positively affects the innovation performance of new ventures; ② entrepreneurial orientation plays an intermediary role between institutional support and innovation performance of new ventures; ③ innovation resource acquisition not only positively regulates the relationship between entrepreneurial orientation and innovation performance of new ventures, but also enhances the mediation of entrepreneurial orientation between institutional support and innovation performance. The conclusion shows that institutional support plays an important role in the innovation practice of new ventures, and can provide guidance for the innovation management practices of new ventures.

Keywords

Institutional support; new ventures; entrepreneurial orientation; innovation resource acquisition; innovation performance.

Subject

SOCIAL SCIENCES, Business and Administrative Sciences

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