Entrepreneurial Leadership and Innovation Performance in New Ventures: Examining the Roles of Strategic Flexibility and Environmental Turbulence

Yu Yunjiang, Zhang Xiang, Huang Shenglan (), Chen Zhi and Chen Zhicheng
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Yu Yunjiang: School of International Economics and Trade, Shanghai Lixin University of Accounting and Finance, Shanghai, China
Zhang Xiang: School of Management, University of Science and Technology of China, Hefei, China
Huang Shenglan: School of Business Administration, Shanghai Lixin University of Accounting and Finance, Shanghai, China
Chen Zhi: School of Business Administration, Shanghai Lixin University of Accounting and Finance, Shanghai, China
Chen Zhicheng: School of Business Administration, Shanghai Lixin University of Accounting and Finance, Shanghai, China

Entrepreneurship Research Journal, 2022, vol. 12, issue 4, 629-652

Abstract: This study seeks to disclose the influencing mechanism of entrepreneurial leadership on innovation performance in new ventures. Drawing on the upper echelons theory, we construct a mediation model to examine the mechanism through which entrepreneurial leadership affects innovation performance of new ventures via strategic flexibility. To obtain an in-depth understanding of the mediating mechanism, this study argues that environmental turbulence could be considered as the moderating variable. Our hypotheses are tested on a sample of 175 Chinese high-tech new ventures. The results show that strategic flexibility mediates the association between entrepreneurial leadership and innovation performance. However, the results only support the moderation of technological turbulence on the association between entrepreneurial leadership and strategic flexibility. Our findings extend the entrepreneurship and leadership research by investigating how entrepreneurial leadership affects innovation performance of new ventures via strategic flexibility, and the effectiveness of entrepreneurial leadership under technological turbulence.

Keywords: entrepreneurial leadership; environmental turbulence; new venture; strategic flexibility (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1515/erj-2018-0090

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