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| Boundary-Spanning Learning, Value Cognition Activation and Performance of Spin-off Entrepreneurship |
| Fu Binghai1,Zhang Qingming2,Sun Xiumei1 |
| (1.Business School, Shandong University of Technology;2.Law School, Shandong University of Technology, Zibo 255012, China) |
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Abstract Enterprises are required to have boundary-spinning learning as an ability to look for and acquire diverse resources against the complicated and volatile external environment. Simultaneously, the unpredictability of the environment will impact the enterprises' ability to acquire resources, and those with superior cognitive ability will be able to find valuable information sources. Value perception is an organization's comprehension and estimation of the value of its information resources, a knowledge structure for opportunity appraisal, and a resource allocation mindset. Value cognition plays a guiding role in information recognition and utilization, but how can value cognition be activated? Since a spin-off company is a type of firm with unique qualities and norms, and its embedded relationship with the parent organization is its defining characteristic, a spin-off startup's sustainable growth hinges on its ability to activate the value of itself and its parent resources.#br#In the setting of environmental unpredictability, no firm can have all the resources necessary for development, and boundary-spinning learning has garnered attention as a means of establishing connections with important external subjects to gain access to diverse resources. Dynamic capabilities influence the ability of organizations to make exploration, integrate efficiency, and increase the amount of learning and value perception in this process. Consequently, boundary-spinning learning in the setting of uncertainty has an effect on value perception in the form of resource replenishment, and value perception activation plays a part in the company growth process. It remains to be determined if there is a transmission effect of value perception activation between boundary-spinning learning and the performance of spin-off start-ups, as well as a moderating influence of dynamic capabilities between the two.#br#This research focuses on spin-off start-ups because they increase entrepreneurial dynamics as a unique kind of new venture creation while integrating the difficulties of start-ups with the relative resource advantages of original enterprises. On the basis of the resource-based theory and social cognitive theory, the research examines how boundary-spinning learning influences the performance of spin-off start-ups and aims to answer the following questions.(1) Can boundary-spinning learning effectively improve the performance of fissionable start-ups and promote the activation of value cognition in a complex environment? (2) Can value perception activation result in performance enhancement? Is there a transfer effect between cross-border learning and fission startup performance enhancement? (3) Can dynamic capabilities which are essential for enterprises to manage external environment unpredictability, mitigate the relationship between cross-border learning and value perception activation? This empirical study aims to elucidate the relationship between "learning" and "cognitive" and serve as a guide for improving the performance of spin-off start-ups.#br#In order to ensure the reliability and validity of the study, the scales used in this paper are selected on the basis of mature scales at home and abroad and in combination with the reality of new enterprises. The scope of this investigation is finally expanded to include companies that meet the standards after extensive elaboration and screening. The questionnaire gathering began in February 2022 and lasted for over six months with online and offline approaches, primarily by commissioning a specialized research firm to collect online questionnaires, and offline by gathering data through the social network connections of team members, including MBA and EMBA alumni resources. A total of 297 questionnaires are disseminated and 256 questionnaires are collected,with 213 questionnaires remaining valid and the effective recovery rate of 71.3%.#br#It is found that firstly boundary-spanning learning considerably increases the performance of fissionable startup businesses. It promotes the input of external heterogeneous knowledge resources, realizes the two-way linkage between internal and external resources,and boosts enterprise competitiveness. Secondly value cognition activation plays a crucial function in enhancing the success of new startup companies. As a type of knowledge structure and method of thought, value cognition is a distinctive enterprise asset. The increase of cognitive ability not only detects the potential value and application of knowledge resources, but also permits an inventive combination of such resources. Thirdly boundary-spanning learning facilitates value cognition activation, and the greater its dynamic capability, the greater the facilitation. Moreover, it can influence the performance of new startups through the activation of value cognition.#br#
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Received: 30 August 2022
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