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Exaptation dynamics and entrepreneurial performance: evidence from the internet video industry

Ching, KHS; (2016) Exaptation dynamics and entrepreneurial performance: evidence from the internet video industry. Industrial and Corporate Change , 25 (1) pp. 181-198. 10.1093/icc/dtv052. Green open access

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Abstract

This paper explores entrepreneurial strategy by analyzing the Internet video industry. Data on entrants to the Chinese Internet video industry from 2006 to 2011 reveal how those that adapt to shifts in the environment outperform less flexible firms. The paper also shows how exaptive processes, including strategic commitment to user communities, increase resilience in start-ups that face such shifts. These findings introduce an expanded view of entrepreneurial strategy by directly linking strategic choice to venture performance and clarifying the role of exaptation in entrepreneurship.

Type: Article
Title: Exaptation dynamics and entrepreneurial performance: evidence from the internet video industry
Open access status: An open access version is available from UCL Discovery
DOI: 10.1093/icc/dtv052
Publisher version: https://doi.org/10.1093/icc/dtv052
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Entrepreneurship, Innovation and Invention, Processes and Incentives, Entertainment, Media
UCL classification: UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > UCL School of Management
URI: http://discovery.ucl.ac.uk/id/eprint/1474380
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