Entry barriers and new venture performance: a comparison of universal and contingency approaches
研究比较了通用方法和权变方法在分析进入壁垒对新创企业绩效影响上的效果,发现权变方法能更好解释绩效差异,其中行业生命周期阶段和创业战略起调节作用。
Abstract This study utilized universal and contingency approaches to empirically investigate the effects of entry barriers on new venture performance. Consistent with prior research utilizing the universal approach, this study found only limited support for the direct independent effects of entry barriers on performance. Conversely, this study provides strong support for utilizing the contingency approach to examine the complex effects of entry barriers on divergent performance measures. Overall, contingency models incorporating the theoretically justified moderating effects of industry life cycle stage and venture strategy explained 31, 61, and 45 percent of the variance in profitability, shareholder wealth creation, and sales growth respectively. Copyright © 2001 John Wiley & Sons, Ltd.