Nareatha L. Studdard and George Munchus
The purpose of this research is to examine how entrepreneurs in new venture creations use social competence skills, such as proactive help‐seeking behaviours, to acquire knowledge.
Abstract
Purpose
The purpose of this research is to examine how entrepreneurs in new venture creations use social competence skills, such as proactive help‐seeking behaviours, to acquire knowledge.
Design/methodology/approach
An investigation is conducted into how entrepreneurs, in a new venture creation, acquire business and technical knowledge utilizing proactive help‐seeking behaviour. Social competence is operationalised as a construct dependent on a number of psychological and behavioural factors. As such, proactive help‐seeking behaviour suggests that individuals will recognise a deficiency in knowledge and actively search for possible solutions to solve the problem. However, there are social costs involved during the help‐seeking process. The level of social competence skill will impact the new venture because entrepreneurs do not want to appear incompetent, inferior, or dependent on another individual or organization in the environment.
Findings
It is theorised that entrepreneurs who proactively seek help will increase their acquisition of knowledge. However, individual autonomy, reputation of the help‐giver, and gender of the entrepreneur will moderate entrepreneurs to proactively seek help.
Originality/value
The value of the research is that it contributes to the body of literature that examines individual and firm level constructs to understand the question of why some entrepreneurs succeed while others fail. It specifically utilises the psychological construct, proactive help‐seeking behaviour, with the firm level construct, resource‐based view to understand firm formation and development.