Environmental Conditions, Entrepreneur Alertness and Social Capital on Performance
Yu-Li Lin,
Hsiu-Wen Liu,
Fengzeng Xu and
Hao Wang
International Business Research, 2016, vol. 9, issue 8, 1-13
Abstract:
This study addresses the important question of causal complexity as it relates to the influence of social capital, entrepreneurial alertness and the entrepreneurship environment on business performance. Using a relatively new methodological approach, namely fuzzy-set qualitative comparative analysis (fsQCA), this paper aims to investigate alternative complex antecedent conditions (or causal recipes) that lead to high performance. Based on a survey of 194 entrepreneurs in China, this paper shows that business performance is likely to be the result of a combination of causal factors. This study finds that: (1) four different configurations of social capital, entrepreneurial alertness and entrepreneurship environment were ¡°equifinal¡± causes of high performance, and (2) market openness should fit other environmental conditions to achieve high performance. This study contributes to research on entrepreneurship by applying the ideas of ¡°equifinality¡± and ¡°fit¡± to entrepreneurial characteristics and environment theory.
Keywords: business performance; fuzzy set; qualitative comparative analysis (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ibn:ibrjnl:v:9:y:2016:i:8:p:1-13
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