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Capital and new product quality in high-tech startups - an examination in two environmental contexts
Innovation ( IF 3.4 ) Pub Date : 2019-06-27 , DOI: 10.1080/14479338.2019.1626238
Suechin Yang, Chiayu Tu

ABSTRACT

Based on the resource-based view (RBV), we investigated the effects on new product quality exerted by various types of capital, including human capital, innovation capital, and process capital, as well as their complementary interactions, and whether high or low technological turbulence in the environment moderates these effects. We collected data from 126 high-tech startups, and the results indicated that the effect of deploying human and process capital on new product quality is greater during periods of low technological turbulence, whereas that of deploying innovation capital remains the same regardless of turbulence. In addition, the results showed that high-tech startups that exert substantial effort in integrating finite resources create competitive advantages in highly technologically turbulent environments, but not in environments of low technological turbulence. Therefore, in circumstances in which resources are limited in a high-tech startup, managers should consider the influence of environmental contexts. Managers should not neglect the properties of a firm and its competitive position in the market during resource allocation.



中文翻译:

高科技创业公司的资本和新产品质量-在两种环境下的考察

摘要

基于资源基础的观点(RBV),我们调查了各种类型的资本(包括人力资本,创新资本和过程资本)对新产品质量的影响,以及它们的互补性相互作用,以及高技术或低技术环境中的湍流减轻了这些影响。我们从126家高科技初创公司收集了数据,结果表明,在技术动荡较低的时期,人力和流程资本对新产品质量的影响更大,而无论动荡如何,创新资本的部署都保持不变。此外,结果显示,高科技初创公司在整合有限资源方面付出了巨大的努力,在技术动荡的环境中创造了竞争优势,但不是在技术动荡较低的环境中。因此,在高科技创业公司资源有限的情况下,管理人员应考虑环境环境的影响。经理在分配资源时不应忽略公司的性质及其在市场中的竞争地位。

更新日期:2019-06-27
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