Evaluating the Effect of Redundant Resources on Corporate Entrepreneurial Performance
SUSTAINABILITY(2022)
Abstract
Redundant resources are indispensable resources in corporate entrepreneurship. Nowadays, establishing how to evaluate the impact of redundant resources on corporate entrepreneurial performance has become a critical issue considered by managers. However, few studies have addressed this issue. Based on the perspective of resource bricolage and corporate resource interaction, this work constructs a theoretical model to analyze the influence of redundant resources on corporate entrepreneurial performance. Data were collected in Chinese enterprises. A structural equation modeling (SEM) technique was used. We obtained four valuable conclusions. First, redundant resources have a significant positive effect on corporate entrepreneurial performance. Second, redundant resources exert a significant positive influence on resource bricolage. Third, resource bricolage has a significant positive influence on corporate entrepreneurial performance. Fourth, resource bricolage plays a partial mediation effect between redundant resources and corporate entrepreneurial performance. The insights can provide theoretical and practical guidance for enterprises that intend to use redundant resources to carry out entrepreneurial activities.
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Key words
organizational redundancy,resource bricolage,corporate entrepreneurial performance,structural equation modeling (SEM)
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