Firm - Environment Alignment of Entrepreneurial Opportunity Exploitation in Technology-based Ventures: A Configurational Approach

Esin Yoruk, Paul Jones

Research output: Contribution to journalArticlepeer-review

Abstract

This study explores configurations for firm-environment alignment of entrepreneurial opportunity exploitation in technology-based ventures to explain firm performance. Classifying entrepreneurial opportunities by their source and location as technology driven and market driven, we develop a framework to investigate a multitude of factors in the firm and in the environment that influence firm performance only when aligned with each other. The study examines technology-based ventures using fuzzy-set qualitative comparative analysis. Our results highlight the presence of complete firm-environment alignment of technological and market opportunity exploitation in cases with very high organizational growth rates. High-growth cases are driven by market opportunity exploitation. Firm-environment misalignment characterizes low-growth cases. Our results extend entrepreneurial opportunity exploitation literature to encompass a configurational setting from a quality perspective and provides entrepreneurs, managers, and policy-makers with informed choices of alternative growth strategies when focusing on organizational and policy priorities.

Original languageEnglish
Pages (from-to)(In-press)
JournalJournal of Small Business Management
Volume(In-press)
Early online date21 Sep 2020
DOIs
Publication statusE-pub ahead of print - 21 Sep 2020

Keywords

  • Entrepreneurship
  • entrepreneurial opportunities
  • qualitative comparative analysis

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Strategy and Management
  • Management of Technology and Innovation

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