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Entrepreneurial strategy, resources acquisition and nascent venture performance in Malaysia

The stage of emergence is found to be most crucial stage in entrepreneurship studies. The Harvard Business School research shows that 75 percent of all start-ups fail, while in Malaysia, researchers found out the rate of failure among the bumiputera, where the majority are Malay entrepreneurs, is th...

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Main Author: Rusnifaezah, Musa
Format: Thesis
Language:English
English
Published: 2019
Subjects:
HB615-715 Entrepreneurship. Risk and uncertainty. Property
Online Access:https://etd.uum.edu.my/8108/1/s93570_01.pdf
https://etd.uum.edu.my/8108/2/s93570_02.pdf
https://etd.uum.edu.my/8108/
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spelling my.uum.etd.81082022-04-13T03:04:54Z https://etd.uum.edu.my/8108/ Entrepreneurial strategy, resources acquisition and nascent venture performance in Malaysia Rusnifaezah, Musa HB615-715 Entrepreneurship. Risk and uncertainty. Property The stage of emergence is found to be most crucial stage in entrepreneurship studies. The Harvard Business School research shows that 75 percent of all start-ups fail, while in Malaysia, researchers found out the rate of failure among the bumiputera, where the majority are Malay entrepreneurs, is the highest. This study aimed to investigate the nature of relationship that exists between entrepreneurial orientation, entrepreneurial bricolage and nascent venture performance in Malaysia. Furthermore, this study intended to examine the moderating effects of resources acquisition (government assistance programs and online social networking adoption) on the relationship between entrepreneurial strategies and nascent venture performance. This study employed the quantitative approach of research and the survey method was used to conduct the study on 184 Malay-owned nascent ventures in Malaysia. The data was analysed with the SPSS v.20 statistical technique. The correlation analysis indicated that all the factors have a significant positive effect on nascent venture performance. The regression analysis further revealed that entrepreneurial bricolage and proactiveness significantly influence nascent venture performance while innovativeness and risk taking of entrepreneurial orientation are not significant to nascent venture performance. The hierarchical regression analysis was utilized to examine the moderating effect. Meanwhile, government assistance programs only have moderating effects on the relationship between proactiveness and performance of nascent venture in Malaysia. These findings have demonstrated why new businesses cannot survive until the maturity stage of business development. This study justifies that the engagement between academicians, ministries, the government and the entrepreneurs in developing a new business model for nascent ventures is necessary. Using configuration theory, future research can extend the nascent venture performance context by examining the holistic aspects, consisted of; characteristics of the entrepreneurs, resources of the nascent entrepreneurs, environment, and organizing activities (management). 2019 Thesis NonPeerReviewed text en https://etd.uum.edu.my/8108/1/s93570_01.pdf text en https://etd.uum.edu.my/8108/2/s93570_02.pdf Rusnifaezah, Musa (2019) Entrepreneurial strategy, resources acquisition and nascent venture performance in Malaysia. Doctoral thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
English
topic HB615-715 Entrepreneurship. Risk and uncertainty. Property
spellingShingle HB615-715 Entrepreneurship. Risk and uncertainty. Property
Rusnifaezah, Musa
Entrepreneurial strategy, resources acquisition and nascent venture performance in Malaysia
description The stage of emergence is found to be most crucial stage in entrepreneurship studies. The Harvard Business School research shows that 75 percent of all start-ups fail, while in Malaysia, researchers found out the rate of failure among the bumiputera, where the majority are Malay entrepreneurs, is the highest. This study aimed to investigate the nature of relationship that exists between entrepreneurial orientation, entrepreneurial bricolage and nascent venture performance in Malaysia. Furthermore, this study intended to examine the moderating effects of resources acquisition (government assistance programs and online social networking adoption) on the relationship between entrepreneurial strategies and nascent venture performance. This study employed the quantitative approach of research and the survey method was used to conduct the study on 184 Malay-owned nascent ventures in Malaysia. The data was analysed with the SPSS v.20 statistical technique. The correlation analysis indicated that all the factors have a significant positive effect on nascent venture performance. The regression analysis further revealed that entrepreneurial bricolage and proactiveness significantly influence nascent venture performance while innovativeness and risk taking of entrepreneurial orientation are not significant to nascent venture performance. The hierarchical regression analysis was utilized to examine the moderating effect. Meanwhile, government assistance programs only have moderating effects on the relationship between proactiveness and performance of nascent venture in Malaysia. These findings have demonstrated why new businesses cannot survive until the maturity stage of business development. This study justifies that the engagement between academicians, ministries, the government and the entrepreneurs in developing a new business model for nascent ventures is necessary. Using configuration theory, future research can extend the nascent venture performance context by examining the holistic aspects, consisted of; characteristics of the entrepreneurs, resources of the nascent entrepreneurs, environment, and organizing activities (management).
format Thesis
author Rusnifaezah, Musa
author_facet Rusnifaezah, Musa
author_sort Rusnifaezah, Musa
title Entrepreneurial strategy, resources acquisition and nascent venture performance in Malaysia
title_short Entrepreneurial strategy, resources acquisition and nascent venture performance in Malaysia
title_full Entrepreneurial strategy, resources acquisition and nascent venture performance in Malaysia
title_fullStr Entrepreneurial strategy, resources acquisition and nascent venture performance in Malaysia
title_full_unstemmed Entrepreneurial strategy, resources acquisition and nascent venture performance in Malaysia
title_sort entrepreneurial strategy, resources acquisition and nascent venture performance in malaysia
publishDate 2019
url https://etd.uum.edu.my/8108/1/s93570_01.pdf
https://etd.uum.edu.my/8108/2/s93570_02.pdf
https://etd.uum.edu.my/8108/
_version_ 1731228150258466816
score 13.211869

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