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| Resource Bricolage and New Venture Performance: A Capability Building Perspective |
| ZHAO Xinglu，ZHANG Jianqi，LIU Heng |
| 1. Guangdong University of Finance, Guangzhou, China;2. Sun Yat-Sen University, Guangzhou, China |
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Abstract Based on Makadok’s capability building theory, resource bricolage was viewed as a process in which firms used limited handy resources to forge organizational capabilities and gain competency. The path modeling of 349 new ventures data indicates that input bricolage is positive with integration capability, but negative with opportunity capability.Customer bricolage is positive with opportunity capability, but has no significant effect on integration capability. Institution bricolage has positive but less significant effects on both integration and opportunity capabilities.The higher the firm’s integration and opportunity capabilities are, the higher its performance is.
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Received: 29 June 2015
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2016, Vol. 13 
