Razmdoost, Kamran;
Alinaghian, Leila;
Linder, Christian;
(2020)
New venture formation: A capability configurational approach.
Journal of Business Research
, 113
pp. 290-302.
10.1016/j.jbusres.2019.09.047.
Preview |
Text
Alinaghian_New Venture Formation- A Capability Configurational Approach_AAM.pdf - Accepted Version Download (811kB) | Preview |
Abstract
The formation of new ventures is affected by multiple, interrelated capabilities, resulting in configurations of capabilities. Adopting a configurational approach, our study aims to explore how various combinations of ventures’ ordinary capabilities (i.e., resources and competencies), ventures’ dynamic capabilities (i.e., sensing and seizing), and founders’ dynamic managerial capabilities (i.e., human capital, social capital, managerial cognition) elucidate the successful formation of new ventures in both stable and dynamic environments. The results of a Qualitative Comparative Analysis of 299 solo-founded ventures reveal six capability configurations leading to new venture formation. In particular, we have identified four archetypes of ventures, the formations of which are shaped as a result of specific combinations of capabilities: capability driven, resource driven, bricoleur, and agile. Our configurational approach reveals that different ventures can achieve the same result through various unique combinations of capabilities.
| Type: | Article |
|---|---|
| Title: | New venture formation: A capability configurational approach |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1016/j.jbusres.2019.09.047 |
| Publisher version: | https://doi.org/10.1016/j.jbusres.2019.09.047 |
| 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. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > UCL School of Management |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10213258 |
Archive Staff Only
 |
View Item |
