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Understanding the relationship between networks, startup risk-taking behaviour, and digitalization: the role of ecosystem coopetition

Published online by Cambridge University Press:  01 December 2021

Junping Yang ,
Min Zhu Open the ORCID record for Min Zhu [Opens in a new window] ,
Mengjie Zhang Open the ORCID record for Mengjie Zhang [Opens in a new window]  and
Kai Yao
Junping Yang
Affiliation:
Zhejiang Sci-Tech University, Hangzhou 310000, China
Min Zhu
Affiliation:
Zhejiang Sci-Tech University, Hangzhou 310000, China
Mengjie Zhang*
Affiliation:
Zhejiang Sci-Tech University, Hangzhou 310000, China
Kai Yao
Affiliation:
Fudan University, Shanghai 200000, China
*
*Author for correspondence: Mengjie Zhang, E-mail: zmj602798956@yahoo.com
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Abstract

Technology that develops rapidly has profoundly affected the business field and reshaped some behaviours of corporations, and the discussion on startup risk-taking behaviour in the new era is still insufficient. Based on social network theory and social capital theory, this article studies how social networks and entrepreneurial ecosystems support startup risk-taking behaviour. This article cuts into this issue through the perspective of coopetition. Based on 737 responses, this article employs regression and fuzzy-set qualitative comparative analysis to explore the relationships between networks, ecosystem coopetition, and risk-taking behaviour. Results indicate that networks and coopetition may stimulate startup risk-taking behaviour, and coopetition may weaken the impacts of networks. There are replacement effects between different characteristics of networks, and there are several configurations, which may lead to high-level risk-taking. This article may help us understand startup risk-taking behaviour in the digital era and the positive impacts of ecosystems.

Keywords

Coopetitionentrepreneurial ecosystemrisk-takingsocial network
Type
Research Article
Information
Journal of Management & Organization , First View , pp. 1 - 25
Copyright
Copyright © Cambridge University Press and Australian and New Zealand Academy of Management 2021

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