Strategic repertoire variety and new venture growth: The moderating effects of origin and industry dynamism

• 成果类型: Article
• 署名作者: Larraneta, Barbara; Zahra, Shaker A.; Galan Gonzalez, Jose Luis
• 署名单位: Universidad Pablo de Olavide; University of Minnesota System; University of Minnesota Twin Cities; University of Sevilla
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.2103
• 发表日期: 2014
• 页码: 761-772
• 关键词: strategic repertoire variety; industry dynamism; new venture origin; strategic repertoire simplicity; GROWTH

摘要

New ventures (companies eight years or younger) face an important choice in attempting to achieve growth: Should they follow strategic simplicity by relying on a few similar competitive actions, or emphasize strategic variety by implementing multiple different competitive actions? Data from 140 new ventures in Spain suggest that new ventures benefit from pursuing strategic variety, especially when their industries are highly dynamic. Further, although new ventures in general gain from strategic variety in highly dynamic industries, independently owned ventures achieve higher growth rates than their corporate counterparts. Copyright (c) 2013 John Wiley & Sons, Ltd.