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Entrepreneurial passion and product innovation intensity in new ventures : mediating effects of exploration and exploitation activities
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Ahsan, Mujtaba, Adomako, Samuel, Donbesuur, Francis and Mole, Kevin F. (2023) Entrepreneurial passion and product innovation intensity in new ventures : mediating effects of exploration and exploitation activities. British Journal of Management, 34 (2). pp. 849-872. doi:10.1111/1467-8551.12627 ISSN 1045-3172.
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Official URL: https://doi.org/10.1111/1467-8551.12627
Abstract
In this paper, we examine the differential effects of entrepreneurial passion (EP) on product innovation intensity through the mediating mechanisms of exploration and exploitation activities. Using time-lagged data from 260 new ventures from Ghana, we examine the direct relationships between the three domains of EP (i.e., inventing, developing and founding) and a new venture’s product innovation intensity (PII). Further, we test the indirect relationships between the three domains of EP and PII through the mediating mechanisms of a new venture’s exploration and exploitation activities. The empirical results provide a fine-grained understanding of the relationship between EP, exploration and exploitation activities and PII. Implications for theory and practice are also discussed.
Item Type: | Journal Article | ||||||||
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Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HF Commerce |
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Divisions: | Faculty of Social Sciences > Warwick Business School > Entrepreneurship, Innovation & Management Faculty of Social Sciences > Warwick Business School |
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Library of Congress Subject Headings (LCSH): | Entrepreneurship -- Ghana, Entrepreneurship -- Ghana -- Psychological aspects, New business enterprises -- Ghana, Success in business | ||||||||
Journal or Publication Title: | British Journal of Management | ||||||||
Publisher: | Wiley-Blackwell Publishing Ltd. | ||||||||
ISSN: | 1045-3172 | ||||||||
Official Date: | April 2023 | ||||||||
Dates: |
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Volume: | 34 | ||||||||
Number: | 2 | ||||||||
Page Range: | pp. 849-872 | ||||||||
DOI: | 10.1111/1467-8551.12627 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Access rights to Published version: | Open Access (Creative Commons) | ||||||||
Date of first compliant deposit: | 19 May 2022 | ||||||||
Date of first compliant Open Access: | 13 June 2022 | ||||||||
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