%0 Journal Article %1 Giones2020b %A Giones, Ferran %A Miralles, Francesc %D 2020 %J International Journal of Entrepreneurial Venturing %K %N 2 %P 143 %R 10.1504/IJEV.2020.105532 %T Bound for glory or cursed for life Exploring the impact of initial resources on the venture emergence of new technology-based firms %U http://www.inderscience.com/link.php?id=105532 %V 12 %X The value of existent firm's resources in uncertain and dynamic contexts is unclear. It is difficult to determine whether starting a new firm with a strong resource position will give an advantage in technology-intense contexts. We propose a revision of the role of resources in new tech-based ventures. We adopt a mixed-method approach. We use the cases of 21 new technology firms to build propositions on what factors (resources) play a role in new venture emergence. We then test to what extent those resources make an effect on the new venture emergence using a longitudinal dataset of 400 new technology-based firms. The results show that not all resources matter equally in the early-stages of a new technology-based firm. We identify that specific combinations of entrepreneurial experience and industry knowledge has a positive impact, while other resources such as technology assets, surprisingly, do not generate a clear impact.

@article{Giones2020b, abstract = {The value of existent firm's resources in uncertain and dynamic contexts is unclear. It is difficult to determine whether starting a new firm with a strong resource position will give an advantage in technology-intense contexts. We propose a revision of the role of resources in new tech-based ventures. We adopt a mixed-method approach. We use the cases of 21 new technology firms to build propositions on what factors (resources) play a role in new venture emergence. We then test to what extent those resources make an effect on the new venture emergence using a longitudinal dataset of 400 new technology-based firms. The results show that not all resources matter equally in the early-stages of a new technology-based firm. We identify that specific combinations of entrepreneurial experience and industry knowledge has a positive impact, while other resources such as technology assets, surprisingly, do not generate a clear impact.}, added-at = {2023-08-31T14:16:59.000+0200}, author = {Giones, Ferran and Miralles, Francesc}, biburl = {https://puma.ub.uni-stuttgart.de/bibtex/2392591dd8503d0b5f5ce556ff145125d/puma-wartung}, doi = {10.1504/IJEV.2020.105532}, file = {:Users/fgiones/Box/000 Article Library Mendeley/Giones, Miralles{\_}2020{\_}Bound for glory or cursed for life Exploring the impact of initial resources on the venture emergence of new techn.pdf:pdf;:Users/fgiones/Box/000 Article Library Mendeley/Giones, Miralles{\_}2020{\_}Bound for glory or cursed for life Exploring the impact of initial resources on the venture emergence of new te(2).pdf:pdf}, interhash = {a6b34b4b720f2265e53d41cb7c2d5384}, intrahash = {392591dd8503d0b5f5ce556ff145125d}, issn = {1742-5360}, journal = {International Journal of Entrepreneurial Venturing}, keywords = {}, number = 2, pages = 143, timestamp = {2023-08-31T12:16:59.000+0200}, title = {{Bound for glory or cursed for life Exploring the impact of initial resources on the venture emergence of new technology-based firms}}, url = {http://www.inderscience.com/link.php?id=105532}, volume = 12, year = 2020 }