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Firm-environment alignment of entrepreneurial opportunity exploitation in technology-based ventures: A configurational approach / Esin Yoruk; Paul Jones

Journal of Small Business Management, Pages: 1 - 47

Swansea University Author: Paul, Jones

  • Accepted Manuscript under embargo until: 21st March 2022

Abstract

This study explores configurations for firm-environment alignment of entrepreneurial opportunity exploitation in technology-based ventures to explain firm performance. Classifying entrepreneurial opportunities by their source and location as technology driven and market driven, we develop a framewor...

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Published in: Journal of Small Business Management
ISSN: 0047-2778 1540-627X
Published: United Kingdom Taylor and Francis 2020
Online Access: Check full text

URI: https://cronfa.swan.ac.uk/Record/cronfa55353
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Abstract: This study explores configurations for firm-environment alignment of entrepreneurial opportunity exploitation in technology-based ventures to explain firm performance. Classifying entrepreneurial opportunities by their source and location as technology driven and market driven, we develop a framework to investigate a multitude of factors in the firm and in the environment that influence firm performance only when aligned with each other. The study examines technology-based ventures using fuzzy-set qualitative comparative analysis. Our results highlight the presence of complete firm-environment alignment of technological and market opportunity exploitation in cases with very high organizational growth rates. High-growth cases are driven by market opportunity exploitation. Firm-environment misalignment characterizes low-growth cases. Our results extend entrepreneurial opportunity exploitation literature to encompass a configurational setting from a quality perspective and provides entrepreneurs, managers, and policy-makers with informed choices of alternative growth strategies when focusing on organizational and policy priorities.
Keywords: Entrepreneurship; entrepreneurial opportunities; qualitative comparative analysis
College: School of Management
Start Page: 1
End Page: 47