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The outbreak of the COVID-19 epidemic has had a significant impact on the global economy. The way that enterprises respond to the crisis has become a hot topic. This study selected three automobile industry enterprises that effectively responded to the crisis during the COVID-19 epidemic. We discuss the impact of the epidemic on these enterprises and their countermeasures, and analyse the differences between these measures and the underlying selection mechanism. Through a case study, we have found that: (1) time pressure and uncertainties are key factors that stimulate enterprises to conduct improvisation behaviours in crisis; (2) the improvisation behaviours adopted by enterprises in response to crisis can be divided into adaptive improvisation behaviours and creative improvisation behaviours; (3) the higher the degree of resource constraints an enterprise faces, the more likely it is to adopt creative improvisation behaviours, and conversely, the lower the degree of resource constraints an enterprise faces, the more likely it is to adopt adaptive improvisation behaviours; (4) the more prior experience an enterprise has, the more likely it is to adopt creative improvisation behaviours, and conversely, the less prior experience an enterprise has, the more likely it is to adopt adaptive improvisation behaviours. This study enriches the classification and process research of organizational improvisation. [ABSTRACT FROM AUTHOR]

This study explores the relationship between the founder's entrepreneurial experience and new venture performance in the China's emerging economy. Based on a sample of ventures in the southern region of China, we demonstrate that the relationship between entrepreneurial experience and performance in Chinese ventures is nonlinear. The empirical study reveals that a high level of experience has a negative impact on performance and there is an inverted U-shaped relationship between the founder's entrepreneurial experience and new venture performance under the context of the China's emerging economy. We also find that environmental uncertainty moderates the inverted U-shaped relationship. [ABSTRACT FROM AUTHOR]

This study assesses the relationships among founder's social ties, learning and entrepreneurial knowledge acquisition. Base on Social Network Theory and Entrepreneurial Learning Perspective, eight hypotheses are proposed. Using a sample of 200 new ventures in Chinese transitional economy, we find that both founders' social ties (business ties, political ties) and entrepreneurial learning (experiential learning, cognitive learning) have positive impacts on entrepreneurial knowledge acquisition. We also examine whether entrepreneurial learning mediates the effects of social ties on entrepreneurial knowledge acquisition. The results show that cognitive learning positively mediates the relationship between social ties and entrepreneurial knowledge acquisition. However, the mediating role of experiential learning is partly supported. [ABSTRACT FROM AUTHOR]