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Regulative institutions, dynamic managerial capabilities, and strategic entrepreneurial performance

Mehmet Bağış (Sakarya University of Applied Sciences, Sakarya, Turkey)
Levent Altinay (Oxford Brookes University, Oxford, UK)
Metin Saygılı (Sakarya University of Applied Sciences, Sakarya, Turkey)

Journal of Small Business and Enterprise Development

ISSN: 1462-6004

Article publication date: 2 July 2024

Issue publication date: 9 October 2024

176

Abstract

Purpose

This study examines firms' strategic entrepreneurial behaviors based on the interaction of regulatory institutions and entrepreneurs' cognition, human capital, and social capital capabilities.

Design/methodology/approach

Data was collected from 450 exporting companies in Türkiye, which is a developing economy. Smart PLS 4.0 and SPSS 24.0 software were used to analyze the data. The data were examined using structural equation modeling, confirmatory factor analysis, average extracted variance, composite reliability, and Cronbach's alpha analyses.

Findings

The findings show that entrepreneurial cognition, social capital, and regulatory institutions influence each other, this relationship is not confirmed in managerial human capital. Moreover, while managerial cognition affects strategic entrepreneurship behavior, this effect was not supported for managerial human capital and managerial social capital. However, it was determined that only entrepreneurial cognition mediates the relationship between regulatory institutions and strategic entrepreneurial behavior.

Originality/value

This research enables entrepreneurs to understand, navigate, and appreciate the significance of the interactions between regulatory institutions and dynamic managerial capabilities in decision-making. Additionally, the study allows policymakers to develop evidence-based policy designs that equip entrepreneurs with the insights needed to succeed in a competitive and regulatory complex environment.

Keywords

Acknowledgements

This research was funded by Sakarya University of Applied Sciences—SCIENTIFIC RESEARCH PROJECTS UNIT, project number 115-2022.

Citation

Bağış, M., Altinay, L. and Saygılı, M. (2024), "Regulative institutions, dynamic managerial capabilities, and strategic entrepreneurial performance", Journal of Small Business and Enterprise Development, Vol. 31 No. 6, pp. 1249-1276. https://doi.org/10.1108/JSBED-01-2024-0016

Publisher

:

Emerald Publishing Limited

Copyright © 2024, Emerald Publishing Limited

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