Contingency Factors and the Technology-Performance-Relationship in Start-ups
AbstractThis study identifies the pace of technological development and market heterogeneity as crucial environmental conditions shaping start-ups’ performance when commercializing radical technologies. Using a unique dataset that combines survey and patent data for 85 technology-based start-ups, we found that technological radicalness has a positive effect on performance when the development pace in a start-up’s technological field is high. Contrarily, under heterogeneous market conditions, technological radicalness diminishes a start-up’s performance. The results emphasize that the impact of technological radicalness on start-ups’ performance is context specific. Overall, these findings contribute to a better understanding of when technological radicalness represents an asset or a liability for technology-based startups. --
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Bibliographic InfoPaper provided by ZBW - German National Library of Economics in its series EconStor Preprints with number 37082.
Date of creation: 02 Aug 2010
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-12-04 (All new papers)
- NEP-ENT-2010-12-04 (Entrepreneurship)
- NEP-SBM-2010-12-04 (Small Business Management)
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