Coopetition, exploration and exploitation capabilities, and growth performance in digital healthcare ventures.

Introduction: Studies focusing on coopetition and dynamic capabilities have expanded significantly over the past several decades. Coopetition strategy and dynamic capabilities are increasingly recognised as sources of sustained competitive advantage. The purpose of this paper is to provide a better understanding of the factors driving growth performance in digital healthcare ventures by examining the role of coopetition, exploration and exploitation capabilities, and environmental uncertainty. While numerous studies have examined the competitive advantage of coopetition, its specific contribution to the growth of ventures in the digital realm remains less explored. Clarifying the strategic role of coopetition in driving growth performance is critical for delineating the intricate relationship between coopetition and growth performance, particularly in the context of digital healthcare ventures. To fill in this research gap, this study uses coopetition theory and dynamic capabilities theory to look at how exploration and exploitation capabilities, as well as environmental uncertainty, affect the relationship between coopetition and growth performance in digital healthcare ventures. Methods: We collected a total of 338 questionnaires from Chinese digital healthcare ventures between March 2023 and August 2023. We conducted data analysis using SPSS 26.0 and its macro-program PROCESS. Results: Our results confirm that coopetition has a positive effect on growth performance in digital healthcare ventures. Furthermore, exploration and exploitation capabilities fully mediate the relationship between coopetition and growth performance. Moreover, environmental uncertainty significantly and distinctively moderates the impact of exploration and exploitation capabilities on growth performance. Discussion: This study contributes to the existing literature by providing deeper insight into the relationship between coopetition and growth performance in digital healthcare ventures. It also offers important practical implications for public health improvement and socio-economic development.

Improvisation and university students' entrepreneurial intention in China: The roles of entrepreneurial self-efficacy and entrepreneurial policy support.

In the VUCA era, determining how to deal with environmental uncertainty has become one of the core issues. Research shows that improvisation is an effective way to deal with rapid changes and to obtain unexpected opportunities in a complex and changeable environment. Improvisation, as a needed capability in the entrepreneurial process, can also provide key strategies to effectively deal with emergencies. Although previous studies have explored the outcomes of improvisation in the entrepreneurial field, this paper aims to investigate in depth whether and how improvisation affects entrepreneurial intention in China. A moderated mediation model was constructed and tested using data from 251 Chinese university students to explore the influence mechanism of improvisation on entrepreneurial intention by combining social cognitive theory and the entrepreneurial event model. The results of this empirical analysis found that improvisation has a positive effect on entrepreneurial intention and entrepreneurial self-efficacy. Entrepreneurial self-efficacy plays a fully mediating role in the relationship between improvisation and entrepreneurial intention. Moreover, entrepreneurial policy support has been found to significantly moderate the mediated relationship between improvisation and entrepreneurial intention by entrepreneurial self-efficacy. The findings suggest that individuals should cultivate improvisation capabilities and entrepreneurial self-efficacy to enhance their entrepreneurial intention. They also need to pay attention to the dynamics of entrepreneurial policies in China. This study contributes to the extant literature by providing deeper insight into the relationship between improvisation and entrepreneurial intention and also has important practical implications for promoting entrepreneurial intention formation in contexts with environmental uncertainty like China.