Abstract:This paper applies grounded theory to explore the formation of platform leadership and its reputation through a single case study analysis of a Chinese energy internet platform enterprise CZB (Che Zhu Bang). Initially, CZB was a follower in China's internet energy market. After clarifying and acquiring the entrepreneurial resources and the complementary assets it needed, CZB quickly established an energy internet platform and its platform leadership in two years. The research shows the mechanism by which the e… Show more
“…Although ER has many interpretations, it is generally agreed that it refers to the various components of resources owned and needed by entrepreneurs to help a new business achieve its objectives, create value and establish a competitive advantage (Ge and Li, 2019; Huang, 2016; Ju et al , 2019; Sallah and Caesar, 2020). Based on previous studies, this study proposes six resources (AFC, HC, SC, TR, PR and OC) as a new set of ER, some of which have been combined to influence business performance, growth, sustainability and innovation in emerging and developed markets (Ge and Li, 2019; Huang, 2016; Jordão et al , 2020, 2022; Kee et al , 2019; Khan et al , 2021a; Lau and Rowley, 2021; Lim et al , 2020). Scholars have defined these resources based on their significance.…”
Section: Theoretical Background and Hypothesis Developmentmentioning
confidence: 99%
“…From the RBV perspective, resources such as AFC, HC and SC are integrated to influence entrepreneurial performance (Huang, 2016;Khan et al, 2021aKhan et al, , 2021b. Ge and Li (2019) combined AFC, HC, PR and OC to achieve sustainable performance. Researchers have integrated finance theory to confirm that HC, SC and OC are critical resources for valuable business performance in emerging and developed markets (Andreeva et al, 2021;Jordão et al, 2020Jordão et al, , 2022Sardo et al, 2018).…”
Section: Entrepreneurial Resources and Micro Business Performancementioning
confidence: 99%
“…However, IC has been used in several other studies in another context as a mediating variable (Angkanurakbun and Wanarat, 2016;Imran et al, 2019;Liu et al, 2020). Although the relationship between various ER and business performance has been wellestablished (Ju et al, 2019;Marks and Golovey, 2020;Sallah and Caesar, 2020), they have rarely been examined indirectly through mediating variables (Ge and Li, 2019;Khan et al, 2021a;Yu and Zhang, 2016). In other words, the most likely way ER impacts business performance is through IC mediation.…”
Section: Innovation Capability As a Mediatormentioning
Purpose
This study aims to examine the effect of entrepreneurial resources on micro businesses and the mediating role of innovation capability in this relationship.
Design/methodology/approach
A structured questionnaire was used to gather data for this quantitative study, which adopted partial least squares structural equation modelling to test the hypotheses on a sample of 455 women entrepreneurs in Malaysia.
Findings
The results reveal that entrepreneurial resources, particularly technical resources, positively and significantly affect innovation capability and enhance business performance. Furthermore, innovation capability mediates the relationship between entrepreneurial resources and microbusiness performance.
Research limitations/implications
This study contributes theoretically by combining six entrepreneurial resources into a single framework in light of the resource-based view and finance-based theory. The results corroborate the effects of entrepreneurial resources on the performance of women’s micro businesses and the mediating role of innovation capability in this relationship. However, the cross-sectional design study limited this study’s ability to engage respondents in a more in-depth analysis of pertinent themes.
Practical implications
This research provides guidance and directions for business managers/owners and decision makers to adopt and improve entrepreneurial resources to achieve superior performance and competitive advantages. It presents evidence of innovation capability’s significant role in converting resources into innovative outcomes and creating value. Additionally, it is useful for policymakers to design development programmes for micro, small and medium enterprises (MSMEs) in emerging markets.
Social implications
This study highlights the value of innovation with a variety of entrepreneurial resources for women business owners that significantly impact Malaysian employment and gross domestic product and may have a positive social impact by enhancing social life in local communities. The nation’s unique context of multiracial and ethnic groups reflects Malaysia’s truly Asian ethnic composition.
Originality/value
This study fills the research gap by offering empirical evidence of the mediating role of innovation capability in the link between entrepreneurial resources and microbusiness performance, thus significantly contributing to emerging markets worldwide, where women-owned micro businesses are increasingly generating value and employment.
“…Although ER has many interpretations, it is generally agreed that it refers to the various components of resources owned and needed by entrepreneurs to help a new business achieve its objectives, create value and establish a competitive advantage (Ge and Li, 2019; Huang, 2016; Ju et al , 2019; Sallah and Caesar, 2020). Based on previous studies, this study proposes six resources (AFC, HC, SC, TR, PR and OC) as a new set of ER, some of which have been combined to influence business performance, growth, sustainability and innovation in emerging and developed markets (Ge and Li, 2019; Huang, 2016; Jordão et al , 2020, 2022; Kee et al , 2019; Khan et al , 2021a; Lau and Rowley, 2021; Lim et al , 2020). Scholars have defined these resources based on their significance.…”
Section: Theoretical Background and Hypothesis Developmentmentioning
confidence: 99%
“…From the RBV perspective, resources such as AFC, HC and SC are integrated to influence entrepreneurial performance (Huang, 2016;Khan et al, 2021aKhan et al, , 2021b. Ge and Li (2019) combined AFC, HC, PR and OC to achieve sustainable performance. Researchers have integrated finance theory to confirm that HC, SC and OC are critical resources for valuable business performance in emerging and developed markets (Andreeva et al, 2021;Jordão et al, 2020Jordão et al, , 2022Sardo et al, 2018).…”
Section: Entrepreneurial Resources and Micro Business Performancementioning
confidence: 99%
“…However, IC has been used in several other studies in another context as a mediating variable (Angkanurakbun and Wanarat, 2016;Imran et al, 2019;Liu et al, 2020). Although the relationship between various ER and business performance has been wellestablished (Ju et al, 2019;Marks and Golovey, 2020;Sallah and Caesar, 2020), they have rarely been examined indirectly through mediating variables (Ge and Li, 2019;Khan et al, 2021a;Yu and Zhang, 2016). In other words, the most likely way ER impacts business performance is through IC mediation.…”
Section: Innovation Capability As a Mediatormentioning
Purpose
This study aims to examine the effect of entrepreneurial resources on micro businesses and the mediating role of innovation capability in this relationship.
Design/methodology/approach
A structured questionnaire was used to gather data for this quantitative study, which adopted partial least squares structural equation modelling to test the hypotheses on a sample of 455 women entrepreneurs in Malaysia.
Findings
The results reveal that entrepreneurial resources, particularly technical resources, positively and significantly affect innovation capability and enhance business performance. Furthermore, innovation capability mediates the relationship between entrepreneurial resources and microbusiness performance.
Research limitations/implications
This study contributes theoretically by combining six entrepreneurial resources into a single framework in light of the resource-based view and finance-based theory. The results corroborate the effects of entrepreneurial resources on the performance of women’s micro businesses and the mediating role of innovation capability in this relationship. However, the cross-sectional design study limited this study’s ability to engage respondents in a more in-depth analysis of pertinent themes.
Practical implications
This research provides guidance and directions for business managers/owners and decision makers to adopt and improve entrepreneurial resources to achieve superior performance and competitive advantages. It presents evidence of innovation capability’s significant role in converting resources into innovative outcomes and creating value. Additionally, it is useful for policymakers to design development programmes for micro, small and medium enterprises (MSMEs) in emerging markets.
Social implications
This study highlights the value of innovation with a variety of entrepreneurial resources for women business owners that significantly impact Malaysian employment and gross domestic product and may have a positive social impact by enhancing social life in local communities. The nation’s unique context of multiracial and ethnic groups reflects Malaysia’s truly Asian ethnic composition.
Originality/value
This study fills the research gap by offering empirical evidence of the mediating role of innovation capability in the link between entrepreneurial resources and microbusiness performance, thus significantly contributing to emerging markets worldwide, where women-owned micro businesses are increasingly generating value and employment.
“…The effective distinction of complements and competent construction of platform policies can contribute to the sustenance of valuable complements. In analyzing the refund policy, this paper seeks to expand the scope of comprehension concerning potential sustainable sources of competitive advantage, particularly as an amplification to the open business model that platforms utilize, which is necessary to ensure a platform's continued dominance over the market [15,21].…”
Maintaining a consistently trending portfolio of complements is vital to sustaining platform leadership. Prior research has highlighted the value of open innovation, but has largely disregarded the strategic identification and management of distinctive complements that drive extended platform value, particularly via platform policy modifications. The relevance of prior research around influential policies such as refund leniency becomes largely irrelevant once applied to platform conditions. Utilizing Steam as the medium of analysis, this paper distinguishes complements into three classifications of sustainability, representing its contribution to developing platform leadership. Steam’s refund policy alteration is investigated for its effects on refund revenue reductions and additional demand on each classification, assessed using an indirectly related linear regression between playtime distribution and game age, and a binomially distributed t-test on the percentage of favorable games. The results reveal that, while all patterns experience significant volumes of refunds, corresponding revenue enhancements are perceived only among unsustainable games. This creates a disadvantageous foundation for high-value complements and consequently, an unforeseen disincentive for association, potentially inciting preferential linkage with competitors. This paper further proposes a precedent for future open innovation and platform management research, where complements of highest relevance are identified and granted heightened priority to protect their sustainability.
“…The growth of various platforms has been accelerating globally in recent years due to the growth of Internet technology and its widespread application in the digital age [1][2][3][4]. Media platforms, such as online video platforms [5], have experienced a dramatic boom [6,7] with the emergence of many large video platforms (e.g., IQiyi, YouTube, Bing videos and Dailymotion).…”
Using a game-theoretical approach, this paper develops a duopoly model and examines value-added service (VAS) investments and pricing strategies on video platforms with opposite inter-group network externalities between two groups. We consider two scenarios with VAS investment, namely, a single platform investing in VASs for advertisers (S-Model) and both platforms investing in VASs for advertisers (B-Model). We found the following: (i) In the S-Model, the investing platform’s VAS level remains maximum when the marginal investing cost is low; otherwise, it decreases with the cost. Investing and non-investing platforms’ advertising prices are unaffected by the marginal investing cost if the cost is low; otherwise, the prices decrease and increase with the cost, respectively. Furthermore, the investing platform’s advertising price is higher than the non-investing platform’s. (ii) In the B-Model, the two platforms’ VAS levels remain maximum if the marginal investing cost is low; otherwise, they decrease with the cost. The two platforms’ advertising prices are equal and irrelevant to the marginal investing cost. (iii) The investing platform’s VAS level in the S-Model is higher than or the same as that in the B-Model and the investing platform’s advertising price in the S-Model is higher than that in the B-Model. (iv) Compared to the scenario without VAS investment, the investing platform’s advertising price is higher in the S-Model, but the same in the B-Model.
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