{"title":"Unpacking the specialization paradox: the impact of founder’s industry experience on becoming a niche leader","authors":"Yingya Jia, Xiaoyu Yu, Shuping Yue, Bolun Li","doi":"10.1007/s10490-025-10020-w","DOIUrl":"10.1007/s10490-025-10020-w","url":null,"abstract":"<div><p>Chinese government has highlighted the importance of niche leaders in recent years, yet little is known about the factors that enable them to emerge in this distinctive context. To unpack the “specialization paradox” that may impede the inception and development of niche leaders, this paper proposes that the founder’s industry experience in previous entrepreneurial ventures is a key antecedent of niche leadership. Based on an experiential learning perspective, it examines content and structure of founder’s industry experience that propel a venture to a niche leader. Using a combined and manually coded database of 5,227 Technology-based Small and Medium-sized Enterprises (SMEs) in a developed province in East China, it tests and confirms the following hypotheses: (1) The founder’s accumulation of related industry experience is positively related to the likelihood of becoming a niche leader, compared to specific and heterogenous industry experience; (2) The proportion of founders’ related industry experience exhibits an inverted U-shaped correlation with the likelihood of becoming a niche leader. Our findings offer novel insights into the accumulation and portfolio of industry experience in the emerging process of niche leaders in Chinese context, thereby contributing to the literature on niche leader and founder industry experience.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"43 1","pages":"171 - 205"},"PeriodicalIF":5.8,"publicationDate":"2025-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147865665","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Cross-border investments and fundraising communication in entrepreneurship-through-acquisition: exploratory evidence from search fund entrepreneurs in Asia","authors":"Alexander Pöschl, Isabella Manh Quynh Mai","doi":"10.1007/s10490-025-10022-8","DOIUrl":"10.1007/s10490-025-10022-8","url":null,"abstract":"<div><p>Entrepreneurship-through-acquisition (ETA) or entrepreneurial buyouts are gaining prominence in international buyout markets, though most transactions and financial investors remain concentrated in North America. We use nascent markets in Asia as our research setting to study how buyout entrepreneurs in such emerging ETA markets adapt their communication strategies to attract resources from international investors. More specifically and responding to calls for more research on entrepreneurial buyouts, we investigate how these entrepreneurs shape their fundraising communication in securing financial capital for search funds, a type of entrepreneurial buyout. Using a qualitative, multiple case study approach and signaling theory, we explore six Asian search funds and conducted three expert interviews with international investors. Our exploratory findings emphasize the importance of tailored communication strategies to bridge understanding gaps and build legitimacy between SF entrepreneurs in nascent markets and international investors. The SF entrepreneurs in our sample use educational strategies to familiarize investors with local business systems, highlighting economic opportunities, professional experiences, and market conditions. A dual strategy emerges: educating local investors on the SF model while addressing international investors’ concerns about reliability and market potential through local endorsements and financial commitments. These efforts mitigate risks and validate opportunities, aligning with research on private equity syndication in cross-border transactions. This is the first study to apply signaling theory to the fundraising processes of search fund entrepreneurs in nascent markets. We, therefore, extend signaling theory to the ETA context, contributing to the entrepreneurial finance research. The research provides practical guidance for buyout entrepreneurs, highlighting the critical role of fundraising communication in building legitimacy and securing investment in nascent ETA markets.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"43 1","pages":"269 - 301"},"PeriodicalIF":5.8,"publicationDate":"2025-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://link.springer.com/content/pdf/10.1007/s10490-025-10022-8.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147865664","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How and when does family motivation decrease job performance through work-family conflict? The functions of role integration and segmentation preference","authors":"Hao Ji, Jin Yan, Qingyan Ye","doi":"10.1007/s10490-025-10019-3","DOIUrl":"10.1007/s10490-025-10019-3","url":null,"abstract":"<div><p>Studies suggest that family motivation can increase employees’ performance because it integrates work and family roles. However, the literature overlooks the possibility that role integration between work and family may also trigger work-family conflict, which can decrease performance. To address this oversight, this study explores how and when family motivation influences employees’ in-role (i.e., task performance) and extra-role performance (i.e., helping behavior) through work-family conflict. Two field studies were conducted in China to test our hypotheses. Study 1 surveyed 362 employees and found that family motivation exerted an indirect adverse effect on both task performance and helping behavior through its impact on work-family conflict. Study 2 surveyed a sample of 481 employees and found that family motivation could stimulate work-family conflict via role integration, and that this mediated effect was stronger for employees with a high level of segmentation preference. This study advances the research on family motivation, and offers insights into ways to effectively manage work-family relationships.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"43 1","pages":"565 - 587"},"PeriodicalIF":5.8,"publicationDate":"2025-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147865666","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Jintong Tang, David Ahlstrom, Jeffrey M. Pollack, Andrew C. Corbett
{"title":"Advancing entrepreneurial alertness research: theoretical, empirical, and Asia Pacific perspectives","authors":"Jintong Tang, David Ahlstrom, Jeffrey M. Pollack, Andrew C. Corbett","doi":"10.1007/s10490-025-10010-y","DOIUrl":"10.1007/s10490-025-10010-y","url":null,"abstract":"<div><p>Researchers have widely acknowledged entrepreneurial alertness (EA) as one of the most influential aspects of the key concept of opportunity recognition. Systematic literature reviews and meta-analysis have demonstrated quite unambiguously that alertness leads to entrepreneurial actions, which facilitates the overall entrepreneurial process. In this paper, we provide an overview of the extant research on EA. We also introduce the seven new papers included in this special issue of <i>Asia Pacific Journal of Management</i> on entrepreneurial alertness. These manuscripts offer a broad range of novel insights into the conceptualization, measurement, and nomological network of, as well as the antecedents and consequences of, EA in the context of the Asia Pacific region. We also discuss common themes and directions for future research on EA.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 1","pages":"43 - 55"},"PeriodicalIF":4.9,"publicationDate":"2025-02-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144091073","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Correction to: Toward a theory of resource flow based on guanxi: Key stakeholders and dynamic process model","authors":"Yi Chen, Xuhua Wei, Huan Yang","doi":"10.1007/s10490-025-10014-8","DOIUrl":"10.1007/s10490-025-10014-8","url":null,"abstract":"","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 4","pages":"2115 - 2118"},"PeriodicalIF":5.8,"publicationDate":"2025-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145909021","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Fan Luo, Wenjuan Mei, Tung Ng, Yu Zhu, Yanfei Wang
{"title":"The way, way back? workplace deviance and its subsequent reparative behaviors over time","authors":"Fan Luo, Wenjuan Mei, Tung Ng, Yu Zhu, Yanfei Wang","doi":"10.1007/s10490-025-10013-9","DOIUrl":"10.1007/s10490-025-10013-9","url":null,"abstract":"<div><p>Research has shifted from examining the harmful effects of workplace deviance to focusing on preventing or mitigating it through a perpetrator-centered perspective. However, findings on whether perpetrators subsequently engage in reparative behaviors remain inconsistent. We rely on moral cleansing theory to postulate that deviant peer pressure is a significant contextual factor in determining perpetrators’ future moral choices. We propose that when deviant peer pressure is low, employees are more likely to experience guilt after perpetrating workplace deviance, thereby inducing their helping behaviors. Simultaneously, employees would also perceive a loss of moral credits, resulting in reduced engagement in workplace deviance. Empirical evidence from an experiment and a three-wave field study involving multiple sources supports our hypotheses. These findings offer novel insights into resolving conflicting results in the workplace deviance literature and highlight the crucial role of deviant peer pressure in shaping responses to workplace deviance. We also discuss theoretical and practical implications.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"43 1","pages":"531 - 564"},"PeriodicalIF":5.8,"publicationDate":"2025-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147865806","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Honoring Yadong Luo: contributions to geopolitics and international business","authors":"Ari Van Assche","doi":"10.1007/s10490-025-10016-6","DOIUrl":"10.1007/s10490-025-10016-6","url":null,"abstract":"<div><p>This article examines Yadong Luo’s recent contributions to the study of geopolitics and international business and offers directions for future research. At the heart of Luo’s scholarship lies the concept of fragmented globalization, which underscores the transition from a liberal, rules-based multilateral order to a fragmented global landscape shaped by nationalistic interventionism, techno-nationalism, and pragmatic inclusivity. I explore Luo’s assertion that fragmented globalization represents a paradigm shift in international business, necessitating a renewed focus on the political dimensions of the field. I also discuss how Luo’s research helps inform the development of a business-grounded perspective on international business policy.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 1","pages":"31 - 41"},"PeriodicalIF":4.9,"publicationDate":"2025-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144091133","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Discrepancy is not always evil: The effect of inconsistency between strategic cognition and action on SADI firms’ performance in China","authors":"Linan Lei, Yichu Zhang, Ziyan Tan, Yeqi Wang","doi":"10.1007/s10490-024-10003-3","DOIUrl":"10.1007/s10490-024-10003-3","url":null,"abstract":"<div><p>The term “discrepancy” originates from the Latin “discrepantia,” meaning the noticeable difference between two things that are assumed to be the same. Strategic cognition and actions are critical to firm growth. While existing literature has underscored the relationship between strategic cognition and actions, limited research has been devoted to comprehending the role of inconsistency between them on firm performance. In light of this gap, our study concentrates on SADI (specialization, advancement, differentiation, and innovation) firms who are niche leaders with the characteristics of hidden champions in China to investigate how the inconsistency between strategic cognition and action affects firm performance, especially considering structural differences between strategic cognition and action, in the configurations of multi-dimensional strategic orientations. Analyzing a comprehensive sample comprising 1222 Chinese-listed SADI firms spanning the period of 2012 to 2021, our findings reveal a substantial inverted U-shaped relationship between strategic cognition-action inconsistency and firm performance. Moreover, we identify firm age and industry concentration as crucial boundary conditions, which amplify the steepness of the inverted U-shaped relationship. By offering innovative theoretical exploration and empirical evidence, this study sheds light on the advantages and disadvantages of the strategic cognition-action inconsistency of SADI firms operating under four-dimensional strategic orientations.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"43 2","pages":"751 - 784"},"PeriodicalIF":9.7,"publicationDate":"2025-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148751234","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Promote the digital transformation of traditional enterprise by resetting organizational identification","authors":"Xinbo Sun, Hongwei Wang, Yu Qian","doi":"10.1007/s10490-025-10015-7","DOIUrl":"10.1007/s10490-025-10015-7","url":null,"abstract":"<div><p>The process of digitizing traditional enterprises may disrupt the relationship between the organization and its members, causing resistance and hindering the formation of a new organizational identity. However, it is not yet clear how traditional enterprises deal with this challenge. To address this issue, we conducted qualitative process research on a gold company, exploring strategies for resetting organizational identification for those who resist the transformation. Our research shows that although digital transformation provides new opportunities for digital identity, it also creates new threats. Our study refines the differentiated reactions of organization members and reveals that resetting organizational identification by bridging the digital gap, deepening new identity advantages, and providing buffer space for adaptability can reduce the impact of digital identity threats and promote the transition of organization members from resisters to supporters. This accelerates the formation of digital identities. Our research contributes to the existing knowledge by recognizing the dialectical nature of digital transformation, categorizing the reactions of organization members, and supplementing identification management strategies.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"43 2","pages":"869 - 895"},"PeriodicalIF":9.7,"publicationDate":"2025-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148751233","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"One shero and/or a group of sheroes? Top executive gender and innovation in tech-based new venture","authors":"Li-Qun Wei","doi":"10.1007/s10490-025-10012-w","DOIUrl":"10.1007/s10490-025-10012-w","url":null,"abstract":"<div><p>Strategic leadership theories, especially the upper-echelon perspective, emphasize the critical role of the top management team (TMT) in determining a firm’s short- and long-term performance. However, there is limited evidence on whether the gender of strategic leaders matters to firm innovation—which determines a firm’s long-term competitiveness, especially in new ventures. More specifically, at the TMT level, whether the gender of CEO, as the leader of TMT, influences the gender composition of the TMT remains unknown. Drawing on the notion of CEO-TMT interface and the opposing views on gender in leadership, this article examined the determinant role of CEO gender on the gender composition of the TMT, which in turn affects the venture’s innovation performance. The contextual role of a prominent CEO trait, i.e., CEO self-efficacy in shaping the CEO gender-TMT gender composition linkage was also tested. Findings from a sample of 300 Chinese tech-based new ventures indicate that female CEOs are more likely to appoint female TMT members, supporting the “similarity-attraction effect/homophily view” but failing to support the “queen bee syndrome theory.” Moreover, female representation in TMT is positively related to the innovation of new ventures. Finally, the positive link between female CEO and female representation in TMT is stronger when CEO self-efficacy is relatively lower.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"43 1","pages":"1 - 27"},"PeriodicalIF":5.8,"publicationDate":"2025-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://link.springer.com/content/pdf/10.1007/s10490-025-10012-w.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147865660","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}