Unpacking the mechanisms of entrepreneurial bricolage for new venture growth: the mediating roles of new venture adaptiveness and innovative ambidexterity

Abstract

Drawing upon the resource-based view of the firm, this article employs this perspective to examine how new venture adaptiveness and innovative ambidexterity mediate the relationship between entrepreneurial bricolage and new venture growth within Bangladesh’s Ready-Made Garment Industry. The research employed purposive, convenience and snowball sampling techniques to gather data from 303 individuals engaged in wholesale and retail businesses. The study’s findings indicate a positive correlation between entrepreneurial bricolage and new venture growth. Moreover, the mediating effects of new venture adaptiveness and innovative ambidexterity in the relationship between entrepreneurial bricolage and new venture growth are statistically significant. This article proposes a set of tactics aimed at enhancing resource reconfiguration through adaptability and explores novel approaches to optimize resource effectiveness. The study offers substantial insights into new venture growth that could prove valuable to policymakers, entrepreneurs and authorities operating within Bangladesh’s Ready-Made Garment Industry.

Keywords:

• Entrepreneurial bricolage
• new venture growth
• new venture adaptiveness
• innovative ambidexterity
• ready-made garment industry

REVIEWING EDITOR:

• Angela Martinez, Universidad de Castilla-La Mancha, Spain

SUBJECTS:

• Business History; Entrepreneurship and Small Business Management; International Business; Research Methods in Management

Disclosure statement

No potential conflict of interest was reported by the authors.

Additional information

Funding

Open Access funding provided by the Qatar National Library.

Notes on contributors

Shehnaz Tehseen

Shehnaz Tehseen an Associate Professor at Sunway Business School, Sunway University, Malaysia, holds a Ph.D. in Management. Her extensive academic career is marked by prolific research contributions, with over 90 papers published in various esteemed journals, conferences, and book chapters. She has collaborated with more than 90 researchers worldwide, showcasing her international network and influence in the academic community. Tehseen’s research primarily revolves around Entrepreneurship, Ethnic Entrepreneurship, SMEs, Entrepreneurial Competencies, Women Entrepreneurs, and Entrepreneurial Intention. Additionally, she has made notable contributions to other disciplines such as Marketing, Hospitality, IT, and Human Resource Management. Her work has been published in prestigious journals indexed in Scopus, including the Journal of Small Business Management, Business Process Management Journal, Asia-Pacific Journal of Business Administration, and more. Noteworthy accolades include receiving the Best Paper Award at ICBSI 2018 and the Emerald Literati Award for Outstanding Paper in the 2020 Emerald Literati Awards, both acknowledgments of her significant contributions to the field of entrepreneurship.

Umar Nawaz Kayani

Umar Nawaz Kayani is currently working as an Assistant Professor at Al Ain University, United Arab Emirates. He is a versatile academician with over a decade of teaching, administrative, and regulatory experience, in tertiary programs. He graduated from Lincoln University, New Zealand with a Ph.D. in Accounting and Finance. Recently, he completed his post-doctoral fellowship at Lincoln University, New Zealand. He has published refereed articles in leading international accounting and finance journals. Besides academia, he also worked as a Quality Assurance and Accreditation Expert for more than 10 years at the Higher Education Commission of Pakistan (HEC).

Syed Arslan Haider

Syed Arslan Haider is a PhD scholar in the Department of Management at Sunway University Business School, Malaysia. He received his BS in Computer Science and Master in Project Management from the Capital University of Science and Technology, Pakistan. He is active in research in the areas of Knowledge management, Innovation, Leadership, Organizational Culture and Project Complexity. His research appeared in good journals such as Journal of Knowledge Management, European Journal of Innovation Management, Journal of Innovation & Knowledge, Journal of Measuring Business Excellence and many others Scopus indexed journals. He is a Project Manager of Soulmate Construction Company in Pakistan.

Ahmet Faruk Aysan

Ahmet Faruk Aysan is a full Professor, Associate Dean for Research at Hamad Bin Khalifa University. He has been the Board Member and Monetary Policy Committee Member of the Central Bank of the Republic of Turkiye and served as a consultant at various institutions such as the World Bank, the Central Bank of the Republic of Turkey, and Oxford Analytica. Dr. Aysan, who has many articles published in reputable academic journals, is a recipient of the Boğaziçi University Awards, and the MEEA Ibn Khaldun Prize. Dr. Aysan is also a Research Associate at the University College London Centre for Blockchain Technologies (UCL CBT), a Research Fellow at the Economic Research Forum, and a Non-resident fellow at the ME Council.

Fatema Johara

Fatema Johara PhD, has been working as an Associate Professor at Bangladesh Army International University of Science & Technology. She did her Ph.D. from Universiti Sains Malaysia, Malaysia. Dr. Johara also did her Master of Philosophy in Management and MBA in Accounting from the University of Chittagong, Bangladesh. Her research interests lie in the areas of Entrepreneurship Development, Talent Management, Employee Engagement, Management Accounting, Strategic management, Organizational behavior, and Islamic Work Ethics. She published a good number of publications in peer reviewed journals and conference proceedings, including in the Journal of Economic Cooperation & Development, International Journal of Sustainable Strategic Management, Journal of Sustainability Science & Management, Global Business and Management Research, etc. She has been acting as a regular reviewer and editor for many international conferences and Journals including International Journal of Islamic Marketing. She can be accessed at [email protected].

Syed Monirul Hossain

Syed Monirul Hossain serves as a Lecturer at the Department of Management within Sunway Business School, Malaysia. Previously, he held faculty positions at Stamford University in Bangladesh and served as a Guest Lecturer at Naresuan University’s Faculty of Business, Economics, and Communication in Thailand. Dr. Hossain holds a BBA degree from Bangladesh, a Master’s degree from the University of Wollongong, Australia, and a PhD in Business Administration from Naresuan University, Thailand. His academic contributions include publications in esteemed journals, book chapters, and paper presentations at national and international conferences such as the Academy of International Business (AIB) and the British Academy of Management (BAM). Dr. Hossain’s research centers on managerial competencies and the impact of informal social networks on human resource management. Additionally, he explores the developmental effects of entrepreneurship and family business, integrating design thinking to facilitate various forms of innovation, establish sustainable new ventures, and promote generational well-being.

Saddam Khalid

Saddam Khalid is an associate professor at the School of Economics and Management, University of Hyogo, Japan, since 2019. He completed his Ph.D. in Business Administration from Osaka University, Japan, in 2019. His research interests include the psychology of entrepreneurship, international entrepreneurship, and entrepreneurship in emerging markets. His research has been published in numerous journals, including the Journal of Business Venturing Insights, Entrepreneurship Theory and Practice, and the International Journal of Emerging Markets. He is also a member of the Academy of Management, Academy of International Business, and Asia Academy of Management.