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The Impact of Effectuation on Performance in International Entrepreneurship:The Chain Mediation Effect of Resource Bricolage and Opportunity Evaluation |
Li Wei,Liu Zhi |
(School of Economics and Management, Chongqing University of Posts and Telecommunications, Chongqing 400065,China) |
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Abstract Enterprises that try to operate internationally for the first time often face the double bottleneck of lack of experience and resource constraints, and therefore have to emphasize the integration and creative use of existing resources at hand, that is, the effectuation. Although previous studies have verified the relevance of the effectuation and the performance of international entrepreneurship, but lack of excavation of its specific actions and mechanism of action, this paper uses resource bricolage and international entrepreneurial opportunity as intermediary variables to explore the influence transmission path between the effectuation and entrepreneurial performance in the initial international entrepreneurship. The study found that: effectuation and international entrepreneurial performance have a significant positive impact; resource bricolage and international entrepreneurial opportunity play significant intermediary roles respectively, and resource bricolage and international entrepreneurial opportunity play a significant dual intermediary role between the two.
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Received: 06 February 2021
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