Linking resource mobilsation approaches and venture performance in highly resource-constrained environments

Creators: Adegbile, Abiodun and Liedong, Tahiru A. and Wagner, Heinz-Theo
Title: Linking resource mobilsation approaches and venture performance in highly resource-constrained environments
Item Type: Article or issue of a publication series
Projects: IDI
Journal or Series Title: Africa Journal of Management
Page Range: pp. 282-315
Additional Information: Open Access
Date: 2024
Divisions: Informationsmanagement
Abstract (ENG): Drawing on resource orchestration and social network theories, this study examines the relationships between bricolage, optimization, and new venture performance. We argue that optimization (i.e., standard application of resources acquired from resource markets) increases performance whereas bricolage (i.e., improvisation and unconventional resource applications) causes the opposite effect. We also argue that the effect of these RM approaches is contingent upon entrepreneurs’ network diversity. Using survey data from agricultural ventures in Nigeria, we found support for our propositions. The findings also show that entrepreneurs’ social capital affects the value of resource orchestration in relationship-based economic systems. We discuss the theoretical and practical implications of these findings.
Forthcoming: No
Language: English
Uncontrolled Keywords: resource mobilization ; optimization ; bricolage ; new venture performance ; social networks ; Nigeria
Link eMedia: Download
Citation:

Adegbile, Abiodun and Liedong, Tahiru A. and Wagner, Heinz-Theo (2024) Linking resource mobilsation approaches and venture performance in highly resource-constrained environments. Africa Journal of Management, 10 (3). pp. 282-315. ISSN 2332-2381

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