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The Effect of Improvisational Capability on the Technology-Based Venture Performance:Under the Context of Environmental Uncertainty

SHAN BiaoanPU YiYAN ShuanghuiLIANG Biming

1.Jilin University, Changchun, China; 2.Jilin University of Finance and Economics, Changchun, China

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Abstract  This study constructs a theoretical model to reveal the relationships among improvisational capability, technology commercialization capability, environmental uncertainty and new venture performance. Based on the empirical study of 315 new venture samples in China, four main findings have been concluded. First, improvisation capability has a positive influence on new ventures’ technology commercialization capability. Second, technology commercialization capability positively effects on technology-based new venture performance. Third, technology commercialization capability has a positive mediating role in the relationship between improvisation capability and new venture performance. Fourth, environmental uncertainty strengthens the relationship between improvisational capabilities and technological commercialization capabilities.
Key wordstechnology-based venture      improvisational capability      technology commercialization      environmental uncertainty      performance     
Received: 05 November 2020     
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SHAN Biaoan
PU Yi
YAN Shuanghui
LIANG Biming
Cite this article:   
SHAN Biaoan,PU Yi,YAN Shuanghui等. The Effect of Improvisational Capability on the Technology-Based Venture Performance:Under the Context of Environmental Uncertainty[J]. Chinese Journal of Management, 2021, 18(7): 1032-.
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http://manu68.magtech.com.cn/Jwk_glxb/EN/     OR     http://manu68.magtech.com.cn/Jwk_glxb/EN/Y2021/V18/I7/1032
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