How do organizations deal with crisis? A case study on improvisational behaviours of Chinese companies during the COVID-19 epidemic

Shan, Biaoan; Pu, Yi; Lv, Xingqun; Zhang, Rongquan

doi:10.1080/13602381.2022.2070390

Cited by 6 publications

(3 citation statements)

References 61 publications

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“…In a broad sense, our results support the benefit of improvisational behavior during the current highly unpredictable economic conditions. Our results are consistent with those in Charoensukmongkol (2022) and Shan et al (2022) recent studies that provided evidence that improvisational behavior benefits entrepreneurs by allowing them to respond to the major disruption the COVID-19 pandemic has caused and maintain satisfactory performance. Further, our findings provide additional support for Hultman et al ’s (2022) recent study that considers improvisational behavior the essential characteristic required for firms that are operating in fast-changing and precarious market environments, as it allows entrepreneurs to make rapid responses to unexpected market conditions.…”

Section: Discussionsupporting

confidence: 92%

“…First, the number of existing empirical studies on the effect of entrepreneurs’ improvisational behavior on firm performance in the face of the recent economic contraction and COVID-19 pandemic crisis is quite limited. Several examples are Charoensukmongkol (2022) and Shan et al ’s (2022) studies, which provided evidence of the benefits of improvisational behavior during the pandemic. Second, although studies have already confirmed the direct effect of improvisational behavior on firm performance, there is still a lack of research investigating the mechanisms by which entrepreneurs’ improvisational behavior can improve firm performance.…”

Section: Introductionmentioning

confidence: 99%

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Effects of improvisational behavior on entrepreneurial activities and firm performance: the moderating roles of firm size and business experience

Ratanavanich,

Charoensukmongkol

2023

JEEE

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Purpose This study aims to analyze the effect of entrepreneurs’ improvisational behavior on business risk-taking and opportunity recognition, as well as to analyze its subsequent impact on firm performance. Moreover, this study examined whether the effect of entrepreneurs’ improvisational behavior on business risk-taking and opportunity recognition could be moderated by firm size and the business experience of entrepreneurs. Design/methodology/approach Online survey data were collected from 304 firms in Thailand that were randomly selected from a business directory. The data were assessed using partial least squares structural modeling. Findings The results confirmed that entrepreneurs who exhibited high levels of improvisational behavior tended to report that their firms engaged more actively in risk-taking and opportunity recognition. Moreover, risk-taking and opportunity recognition played a chain mediating effect in explaining the association between the improvisational behavior of entrepreneurs and firm performance. Regarding the moderating effects, this paper found that firm size negatively moderated the effect of improvisational behavior on risk-taking and opportunity recognition, while business experience of entrepreneurs only positively moderated the effect of improvisational behavior on risk-taking. Originality/value This study provided new knowledge by showing that improvisational behavior of entrepreneurs should be integrated with other firm advantages determined by firm size and the business experience of entrepreneurs to strengthen the ability to be more effective at risk-taking and opportunity recognition.

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Section: Discussionsupporting

confidence: 92%

Section: Introductionmentioning

confidence: 99%

Effects of improvisational behavior on entrepreneurial activities and firm performance: the moderating roles of firm size and business experience

Ratanavanich,

Charoensukmongkol

2023

JEEE

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“…Lee and Jung (2021) focused on the sales support of Korean SMEs and proposed new distribution strategies. They proposed that in the post-COVID-19 pandemic era, SMEs should quickly introduce new technologies, such as artificial intelligence and big data, develop precise marketing strategies (Shan et al, 2022), and gradually realize digitalization.…”

Section: Cluster 1: the Covid-19 Pandemic And Sme Digitizationmentioning

confidence: 99%

Big Data in Entrepreneurship

Shan

Liu

Gao

et al. 2022

Journal of Organizational and End User Computing

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Entrepreneurship research is paying increasing attention to big data. However, there is only a fragmented understanding on how big data influences entrepreneurial activities. To review previous research systematically and quantitatively, the authors use bibliometrics method to analyze 164 research articles on big data in entrepreneurship. They visualize the landscape of these studies, such as publication year, country, and research area. They then use VOSviewer to conduct theme clustering analysis, finding four themes, namely the COVID-19 pandemic and small medium enterprise (SME) digitization, application of big data analytics to decision making, application of big data in platform, and the effects of big data on enterprises. In addition, they construct an integrated framework that integrates the antecedents of big data adoption and influence mechanism of big data on entrepreneurial activities.

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A study on artificial intelligence orientation and new venture performance

Zhuang

Wang

et al. 2023

Asia Pacific Business Review

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How do organizations deal with crisis? A case study on improvisational behaviours of Chinese companies during the COVID-19 epidemic

Cited by 6 publications

References 61 publications

Effects of improvisational behavior on entrepreneurial activities and firm performance: the moderating roles of firm size and business experience

Effects of improvisational behavior on entrepreneurial activities and firm performance: the moderating roles of firm size and business experience

Big Data in Entrepreneurship

A study on artificial intelligence orientation and new venture performance

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