A Multiple Mediation Analysis of the Growth in New Ventures
The current research investigates the mechanism that how new ventures growth is affected through entrepreneurial business ties. The study introduces multiple mediators to the model to clearly establish the link between business ties and new ventures growth. To test the hypotheses, data were collected from 325 new ventures operating in Pakistan from 2015 to 2017. We found a positive and significant relationship between business ties and new ventures growth. We also found that resource leveraging, resource bundling and resource acquisition fully mediates the stated relationship. Based on our findings we concluded that new ventures give more attention to resource leveraging and resources bundling as well in order to perform well. Managerial and theoretical implications are also discussed.
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Entrepreneurial Business Ties, Resource Bundling, Resource Acquiring, Resource Leveraging, New Venture Growth
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(1) Sajid Rahman
Assistant Professor, Institute of Business & Management Sciences (IBMS), The University of Agriculture, Peshawar, KP, Pakistan.
(2) Imran Saeed
Assistant Professor, Institute of Business & Management Sciences (IBMS), The University of Agriculture, Peshawar, KP, Pakistan.
(3) Fahad Afridi
Assistant Professor, Department of Management Science,CECOS University of Science & Technology, Peshawar, KP, Pakistan.