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Original Articles

Entrepreneurs’ Resources, Technology Strategy, and New Technology‐Based Firms’ PerformanceFootnote

Pages 1506-1530 | Received 19 Feb 2018, Accepted 19 Feb 2018, Published online: 19 Nov 2019
 

Abstract

This study is based on the configuration approach and argues that the new technology‐based venture's performance depends on how well the entrepreneur's resources allow the chosen technology strategy to be executed, in other words, the fit between the resources and the strategy. The authors study this idea by using a sample of 175 Spanish new technology‐based ventures. The results indicate that the fit between the chosen technology strategy and the entrepreneur's resources explain the firm's performance, when this is measured through foreign market performance. That fit is also related to the technology‐based firm's financial results and generic and domestic performance.

The authors acknowledge financial support from the Ministerio de Economía, Industria y Competitividad [ECO2016‐80518‐R].

The authors acknowledge financial support from the Ministerio de Economía, Industria y Competitividad [ECO2016‐80518‐R].

Notes

The authors acknowledge financial support from the Ministerio de Economía, Industria y Competitividad [ECO2016‐80518‐R].

Additional information

Funding

Ministerio de Economía, Industria y Competitividad

Notes on contributors

Antonia Mercedes García‐cabrera

Antonia Mercedes García‐Cabrera is Professor of Business Administration in the Department of Business Administration at the Universidad de Las Palmas de Gran Canaria.

María Gracia García‐soto

María Gracia García‐Soto is Associate Professor of Business Administration in the Department of Business Administration at the Universidad de Las Palmas de Gran Canaria.

Arístides Olivares‐mesa

Arístides Olivares‐Mesa is Associate Professor of Business Administration in the Department of Business Administration at the Universidad de Las Palmas de Gran Canaria.

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