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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, Volume: 61, Issue: 2, Pages: 1 - 47
Swansea University Author:
Paul Jones
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DOI (Published version): 10.1080/00472778.2020.1800354
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...
| Published in: | Journal of Small Business Management |
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| ISSN: | 0047-2778 1540-627X |
| Published: |
United Kingdom
Informa UK Limited
2020
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| Online Access: |
Check full text
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| 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. |
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| Keywords: |
Entrepreneurship; entrepreneurial opportunities; qualitative comparative analysis |
| College: |
Faculty of Humanities and Social Sciences |
| Issue: |
2 |
| Start Page: |
1 |
| End Page: |
47 |