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Strategic entrepreneurship behaviour and the innovation ambidexterity of young technology-based firms in incubators
- Source :
- International Small Business Journal: Researching Entrepreneurship. 39:202-227
- Publication Year :
- 2020
- Publisher :
- SAGE Publications, 2020.
-
Abstract
- open access article Innovation ambidexterity is especially complex for young technology-based firms because they are resource-challenged and knowledge-deficient in strategic terms; but they possess considerable scope for entrepreneurship. Strategic entrepreneurship may provide a solution. Incubators emerged as a policy solution precisely due to this dilemma. We conceptualise that strategic entrepreneurship, as a synthesis of young technology-based firms’ opportunity-seeking and advantage-seeking behaviours, can affect both explorative and exploitative innovation activities in these firms, and expect that subsequent innovation ambidexterity affects profitability. Our empirical analyses reveal complex and competing interrelationships that both ease and exacerbate the tensions associated with innovation ambidexterity. We contribute to theory by testing strategic entrepreneurship as it applies to innovation ambidexterity and evidence behaviours that contribute to its foundations. To entrepreneurs and managers, we offer a set of prescriptions for innovation ambidexterity in young firms that accounts for the complementarities between complex and theoretically opposing constructs.
- Subjects :
- Young firms
Business incubation
Entrepreneurship
HF
Scope (project management)
Entrepreneurial orientation
Exploitation
Affect (psychology)
Resources
Strategic entrepreneurship
Dilemma
Incubators
Innovation ambidexterity
Profitability index
Exploration
Business
Business and International Management
Set (psychology)
Industrial organization
Ambidexterity
Subjects
Details
- ISSN :
- 17412870 and 02662426
- Volume :
- 39
- Database :
- OpenAIRE
- Journal :
- International Small Business Journal: Researching Entrepreneurship
- Accession number :
- edsair.doi.dedup.....974ba60da3dfd1ed1d0b6982bdfd4fe0
- Full Text :
- https://doi.org/10.1177/0266242620943776