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The Blessing of Necessity and Advantages of Newness

Benson Honig ; Tomas Karlsson (Institutionen för teknikens ekonomi och organisation, Management of Organizational Renewal and Entrepreneurship - MORE ) ; Gustav Hägg
Advances in Entrepreneurship, Firm Emergence and Growth (1074-7540). Vol. 15 (2013), p. 63-94.
[Artikel, refereegranskad vetenskaplig]

This chapter explores the advantages of newness and positive aspects of resource constraints, critically departing from assumptions of resource constraints and liabilities of newness. The chapter is based on a multiple case study consisting of nascent entrepreneurial processes from inexperienced entrepreneurs with severely constrained access to resources. Six theoretical concepts (legitimacy, fashion, flexibility, networks, bootstrapping, and motivation) are developed in the frame of reference. Empirical data is collected on a rich variety of sources, including longitudinal data in the form of weekly logbooks, business plans, theoretical reflections, and additional collected data during the process. Based on this data, the analysis shows that while these entrepreneurs face resource constraints and liabilities of newness, they also use strategies to leverage their constraints and novelty as an advantage in advancing their venturing efforts.



Denna post skapades 2013-12-03. Senast ändrad 2016-04-29.
CPL Pubid: 188175

 

Institutioner (Chalmers)

Institutionen för teknikens ekonomi och organisation, Management of Organizational Renewal and Entrepreneurship - MORE (2008-2016)

Ämnesområden

Innovation och entreprenörskap (nyttiggörande)
Ekonomi och näringsliv

Chalmers infrastruktur