Abstract:Innovation plays a central role in China's overall modernization drive. Especially for the most dynamic new ventures, they need to innovate in order to meet the requirements of the times and enhance their competitiveness. However, it is not easy for new ventures to carry out innovation activities, and they need to have enough innovation resources. This requires new ventures to strengthen cooperation with stakeholders to obtain innovation resources. Pre-commitments is a decision-making approach that stresses strategic alliance rather than competitive analysis, which can provide new ideas for new ventures to make strategic decisions. Although pre-commitments play influential roles in resource bricolage and enterprise exploratory innovation, few studies have integrated pre-commitments, resource bricolage, and exploratory innovation within a single research framework or deeply explored their underlying mechanisms. In order to clarify the influence mechanism of pre-commitments on exploratory innovation of new ventures, this paper constructs a theoretical framework of "pre-commitments-resource bricolage-exploratory innovation" based on the theory of effectual reasoning and under the perspective of pre-commitments. Taking Chinese new ventures as the research object, online questionnaires are distributed to founders, business partners and senior managers of entrepreneurial teams, and regression analysis and mediation effect test are applied to empirically analyze the data collected from a sample of 426 new ventures. The results show that: pre-commitments have a positive effect on exploratory innovation; resource bricolage serves as a partially mediating role between pre-commitments and exploratory innovation; government support has a significant positive moderating effect between pre-commitments, resource bricolage, and exploratory innovation, respectively, which suggests that government support is an effective way to alleviate the pressure of resource constraints on new ventures. Therefore, new ventures should use the power of government support to quickly absorb the resources needed for integrating exploratory innovation through pre-commitments of stakeholders to reduce the risks of exploratory innovation. The government, on the other hand, should closely monitor the development of new ventures and swiftly refine laws and regulations that support their activities.