Be open to failure:Open innovation failure in dynamic environments

Despite the considerable efforts made to investigate the factors that could potentially influence open innovation (OI), very little is understood about the impact of environmental factors such as dynamism. In addition, the question relating to the relationship between environmental factors and OI remains unresolved. Further, the conditions under which this relationship is more or less pronounced are also little understood. With our study, we examined these gaps through data collected from 209 emerging market small and medium enterprises (ESMEs) operating in the United Arab Emirates (UAE). Our analyses show that environmental dynamism negatively influences OI and that this nexus is mediated by organizational learning culture. In addition, we found that the mediation effect of organizational learning culture is moderated by relational trust, in that it is improved at high levels of relational trust. Finally, we found that the organizational learning-OI nexus is moderated by firm size and industry type. These findings extend our knowledge of the role played by micro-environmental factors in OI activities.© 2023 The Author(s). Published by Elsevier Inc. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).fi=vertaisarvioitu|en=peerReviewed

Entrepreneurial alertness and product innovativeness: Firm-level and environmental contingencies

YesAlthough scholars have recognized that alertness is critical in identifying and exploring opportunities, empirical studies exploring when alertness drives innovation are lacking. Drawing insights from the cognitive and contingency perspectives, the current study addresses this gap in by arguing that variations in firm product innovativeness is a function of degree of entrepreneurial alertness and levels of internal firm capabilities and environmental conditions. Data were collected from from 385 small and medium-sized enterprises (SMEs) in Ghana. This study used the hierarchical regression estimation technique to analyses the data and found that a significant positive relationship between entrepreneurial alertness and firm product innovativeness. Moreover, the findings showed that entrepreneurial alertness is beneficial for firms to innovate when pressures from customers and competitors are intense. Finally, the results revealed that stronger market information sharing and technological opportunism also amplify the alertness-innovativeness relationship

Regulatory Focus, Persistence and New Venture Performance

YesPurpose The purpose of this article was to examine the joint effects of regulatory focus, entrepreneurial persistence, and institutional support on new venture performance. Design/methodology/approach This paper uses a random survey approach to sample 204 new ventures from Ghana. The moderated mediation method was used to analyze the survey data. Findings The findings from this paper show that entrepreneurs’ promotion focus positively relates to persistence whiles prevent focus negatively influences persistence. Besides, persistence mediates the link between regulatory focus (promotion and prevention focus) and new venture performance. These relationships are positively moderated by perceived institutional support. Research limitations/implications Using data from only the manufacturing sector in Ghana limits the generalisability of this paper. Also, persistence was not observed or measured directly in this paper but was only used as a self-reporting variable that captures an individual’s tendency to persist. Originality/value The contribution of this paper is threefold. First, this paper contributes to regulatory focus literature by enhancing our knowledge of how self-regulation could help explain entrepreneurial decision-making. Second, this paper broadens self-regulation literature by adding institutional context as a moderating variable. Third, this paper helps clarify the potential role of persistence in entrepreneurship