New venture formation: a capability configurational approach

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dc.contributor.authorRazmdoost, Kamran
dc.contributor.authorAlinaghian, Leila
dc.contributor.authorLinder, Christian
dc.date.accessioned2019-10-29T16:43:28Z
dc.date.available2019-10-29T16:43:28Z
dc.date.issued2019-10-21
dc.description.abstractThe formation of new ventures is affected by multiple, interrelated capabilities, resulting in configurations of capabilities. Adopting a configurational approach, our study aims to explore how various combinations of ventures’ ordinary capabilities (i.e., resources and competencies), ventures’ dynamic capabilities (i.e., sensing and seizing), and founders’ dynamic managerial capabilities (i.e., human capital, social capital, managerial cognition) elucidate the successful formation of new ventures in both stable and dynamic environments. The results of a Qualitative Comparative Analysis of 299 solo-founded ventures reveal six capability configurations leading to new venture formation. In particular, we have identified four archetypes of ventures, the formations of which are shaped as a result of specific combinations of capabilities: capability driven, resource driven, bricoleur, and agile. Our configurational approach reveals that different ventures can achieve the same result through various unique combinations of capabilities.en_UK
dc.identifier.citationRazmdoost K, Alinaghian L, Linder C. (2020) New venture formation: a capability configurational approach. Journal of Business Research, Volume 113, May 2020, pp. 290-302en_UK
dc.identifier.cris24523584
dc.identifier.issn0148-2963
dc.identifier.urihttps://doi.org/10.1016/j.jbusres.2019.09.047
dc.identifier.urihttp://dspace.lib.cranfield.ac.uk/handle/1826/14648
dc.language.isoenen_UK
dc.publisherElsevieren_UK
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subjectDynamic managerial capabilitiesen_UK
dc.subjectDynamic capabilitiesen_UK
dc.subjectOrdinary capabilitiesen_UK
dc.subjectVenture formationen_UK
dc.subjectConfigurationen_UK
dc.subjectQCAen_UK
dc.titleNew venture formation: a capability configurational approachen_UK
dc.typeArticleen_UK

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