Entrepreneurial copycats: A resource orchestration perspective on the link between extra-industry business model imitation and new venture growth

被引:39
作者
Frankenberger, Karolin [1 ]
Stam, Wouter [2 ]
机构
[1] Univ St Gallen, Inst Management & Strategy, Sch Management, Dufourstr 40a, CH-9000 St Gallen, Switzerland
[2] Vrije Univ Amsterdam, Sch Business & Econ, Dept Management & Org, De Boelelaa 1105, NL-1081 HV Amsterdam, Netherlands
关键词
Business model innovation; Competitive imitation; Resource orchestration theory; New venture growth; TECHNOLOGICAL INNOVATIVENESS; FIRM PERFORMANCE; MODERATING ROLE; FOUNDING TEAM; SPIN-OFF; PRODUCT; STRATEGY; IMPACT; DESIGN; COMPETENCES;
D O I
10.1016/j.lrp.2019.02.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study draws on resource orchestration theory to develop and test a framework that explains when the imitation of business models from other industries increases new venture growth. We propose that extra-industry business model imitation enhances growth when extra-industry business models are bundled together with novel technologies, and when founders possess the necessary industry experience to orchestrate these resource combinations effectively. Using a unique multi-source, time-lagged dataset of 122 Swiss technology ventures from four industries, we find support for our theoretical model and discuss its implications for research at the intersection of business models, competitive imitation, and resource orchestration.
引用
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页数:16
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