When does lack of resources make new firms innovative?

• 成果类型: Article
• 署名作者: Katila, R; Shane, S
• 署名单位: Stanford University; University System of Ohio; Case Western Reserve University
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• 发表日期: 2005
• 页码: 814-829
• 关键词: TECHNOLOGICAL OPPORTUNITIES; DYNAMIC CAPABILITIES; PRODUCT INTRODUCTION; view; industry; IMPACT; time; environments; exploration; PERSPECTIVE

摘要

We extend the resource-based perspective to explain innovation in new firms that have yet to develop resources. Using data on firms' efforts to commercialize technological inventions, we tested a model of the environmental conditions under which new firms' lack of resources alternately promotes or constrains innovation. We found that new firm innovation is greater in competitive and small markets, and in environments that do not demand extensive production assets.