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Beyond bricolage: Early-stage technology venture resource mobilization in resource-scarce contexts

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  • Reypens, Lina
  • Bacq, Sophie
  • Milanov, Hana

Abstract

This inductive, multiple-case study advances scholarly understanding of resourcefulness by examining the combination of resource mobilization behaviors over time, and associated performance outcomes, within seven early-stage medical technology ventures in the relatively resource-scarce context of Kampala, Uganda. Our analysis reveals two resource mobilization trajectories, characterized by different dynamic combinations of bricolage and resource seeking as ventures develop. High-performing ventures increased resource seeking as they developed and dynamically alternated lower and higher levels of bricolage, opting back into bricolage upon substantial resource acquisition. We explain the divergence in trajectories with ventures' reactions to catalytic events and reinterpretation of their resource spaces beyond local environs.

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  • Reypens, Lina & Bacq, Sophie & Milanov, Hana, 2021. "Beyond bricolage: Early-stage technology venture resource mobilization in resource-scarce contexts," Journal of Business Venturing, Elsevier, vol. 36(4).
    • Handle: RePEc:eee:jbvent:v:36:y:2021:i:4:s0883902621000203
    DOI: 10.1016/j.jbusvent.2021.106110
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