The impact of the integration of opportunity and resources of new ventures on entrepreneurial performance: The moderating role of BDAC‐AI

Abstract

AbstractOpportunity and resources are the two key elements of entrepreneurship, and they are inseparable. Scholars have paid more attention to integrating opportunities and resources for new ventures. At the same time, the academic community has widely recognized the important role of ‘dynamic capability’ in the survival and development of enterprises. However, few studies have explored the relationship between the integration of opportunity resources and dynamic capabilities of new ventures in essence and have not revealed the mechanism of big data analysis capability supported by artificial intelligence (BDAC‐AI) in the process of improving the entrepreneurial performance of new ventures. Based on the resource‐based view and dynamic capability theory, this paper integrates opportunity resource integration and dynamic capability into a research framework for the first time, constructs a new theoretical model and discusses the impact mechanism of BDAC‐AI and opportunity resource integration on entrepreneurial performance. Based on the data of 225 new ventures, this paper finds that (1) both BDAC‐AI and opportunity resource integration of new ventures have a positive impact on dynamic capability and dynamic capability has a positive role in promoting entrepreneurial performance; (2) dynamic capability plays an intermediary role in the relationship between BDAC‐AI, opportunity resource integration and new venture performance; and (3) BDAC‐AI positively regulates opportunity resource integration. However, it has no moderating effect on the mediating effect of dynamic capabilities. The research conclusion has important theoretical significance for the improvement of new ventures' entrepreneurial performance and has important practical significance for the survival and development of new ventures under the background of artificial intelligence.