Resource combinations influence on new firm growth, studying new entrants in a high tech industry

Ferran Giones, Brian Gozun, Francesc Miralles

Research output: Book chapterConference contributionpeer-review

Abstract

Understanding the influence of resources on the new firm's growth remains a difficult challenge for scholars. Prior research has suggested that the impact of human capital or technological resources is limited and does not provide an explanation on why some new firms grow faster than others. In this research we propose to explore the complementary and substitution effects between these resources using Kauffman Firm Survey (KFS) Dataset. We also introduce market resources to further understand the influence dynamics of resources in early stage growth. We follow the evolution of a sample of firms in a high tech industry to test our hypotheses. The results show that besides the direct effects of human, technological and market resources, it is the complementary and substitution effects across them that provides additional valuable information to understand their impact on new firm's growth.

Original languageEnglish
Title of host publication2016 International Conference on Engineering, Technology and Innovation/IEEE lnternational Technology Management Conference, ICE/ITMC 2016 - Proceedings
EditorsKjetil Kristensen, Robert Bierwolf, David Romero, Pekka Abrahamsson
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781509029358
DOIs
Publication statusPublished - Jun 2016
Event22nd International Conference on Engineering, Technology and Innovation/IEEE lnternational Technology Management Conference, ICE/ITMC 2016 - Trondheim, Norway
Duration: 13 Jun 201615 Jun 2016

Publication series

Name2016 International Conference on Engineering, Technology and Innovation/IEEE lnternational Technology Management Conference, ICE/ITMC 2016 - Proceedings

Conference

Conference22nd International Conference on Engineering, Technology and Innovation/IEEE lnternational Technology Management Conference, ICE/ITMC 2016
Country/TerritoryNorway
CityTrondheim
Period13/06/1615/06/16

Keywords

  • Growth
  • Human capital
  • Resource-based view
  • Technology entrepreneurship

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