A resource-based view on entrepreneurship and innovation Online publication date: Tue, 02-Mar-2010
by Paul Shum, Grier Lin
International Journal of Entrepreneurship and Innovation Management (IJEIM), Vol. 11, No. 3, 2010
Abstract: This research study addresses an important research issue to search for an empirically based model or framework that captures the most important driving factors of entrepreneurial performance. This study develops an empirical model that identifies critical entrepreneurial resources and capabilities, spanning from opportunity recognition to organising these resources and creating heterogeneous outputs that result in superior firm performance. This model integrates and supports previous corporate entrepreneurship theories and frameworks. Contrary to the general assertion in the entrepreneurship research domain, entrepreneurial orientation alone cannot sufficiently guarantee superior firm performance. It needs to be accompanied with other important driving factors that are identified in this study. The results also provide empirical evidence to support the resource-based view and the dynamic capabilities approach.
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