Explaining growth paths of young technology‐based firms: structuring resource portfolios in different competitive environments
通过六家年轻科技型高增长企业的案例研究,探讨环境稳定性与复杂性如何影响资源积累方式,并解释企业如何根据环境需求构建资源组合以实现高增长。
Abstract We explore how environmental contingencies determine the way resources are accumulated in young technology‐based firms and argue that growth paths are critically shaped at the nexus between resource management and the competitive environment, defined along its most important dimensions, ‘stability’ and ‘complexity.’ We also build propositions about the way environmental conditions affect resource portfolio development or acquisition. We show how particular high‐growth paths result from structuring resource portfolios in accordance with environmental demands and provide insights into why, based on six case studies of young technology‐based high‐growth firms, involving 27 interviews, 121 press releases, 605 press articles, and archival data. Copyright © 2011 Strategic Management Society.