Handling recurrent adversities among Chinese ventures: a dynamic capability approach to building dynamic response capabilities
基于四个中国纵向案例,研究创业者如何构建响应能力以应对反复出现的逆境,区分预期与非预期事件,提出包含资源配置、成长路径配置和运营流程配置三个子能力的新框架。
Handling recurrent adversities is a chronic challenge that entrepreneurs and managers face in sustaining their ventures. With data from four longitudinal Chinese case studies, we examine how entrepreneurs and their firms develop response capabilities to manage recurrent events as an important element of the entrepreneurial process. We distinguished between expected and unexpected events/adversities that materially change how entrepreneurs prepare and enact responses. We provide a new conceptual framework containing distinctive conditions and mechanisms that explain how response capabilities form through two types of events and are revised in ways that make them useful and valuable to future adverse events. This new conceptual framework reveals three core sub-capabilities – resource configuring, growth path configuring, and operations process configuring – to respond to new and changing conditions.