Antecedents and Consequences of New Venture Growth Strategy:An Empirical Study in China
Although current literature on new venture growth has focused on why some new ventures grow more rapidly than others, relatively less attention has been paid to the question how that growth is occurring. This article adopts the resource-based view to investigate the antecedents and consequences of new venture growth strategy. We identified three generic growth patterns of Chinese high-tech new ventures-organic growth, partnership growth and acquisition growth based on 252 completed questionnaires. We then investigate how different resources and capabilities are associated with different growth strategies. Technological capabilities, strong and weak networks, marketing capabilities and financial resources are found to have differential effects on different growth strategies. In addition, the growth strategies show differentiated effects on performance in terms of survival, competitive advantages and profits.
New Venture Growth RBV Networks Performance China
Huan ZOU Xiaoyun CHEN Pervez N.Ghauri
Loughborough University,UK University of Macau,Macau,China Manchester Business School,UK
国际会议
Academy of Innovation and Entrepreneurship 2008(创新与创业国际学术会议)
北京
英文
143-146
2008-03-01（万方平台首次上网日期，不代表论文的发表时间）