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Building new venture success through internal capabilities; is business model innovation a missing link?
- Source :
-
Technology Analysis & Strategic Management . Nov2023, Vol. 35 Issue 11, p1453-1466. 14p. - Publication Year :
- 2023
-
Abstract
- This study scrutinises the influence of the internal resources/capabilities; financial capabilities, Information Technology (IT) capabilities and entrepreneurial orientation on new venture performance with Business Model Innovation (BMI) as a mediator. We tested the hypotheses on the basis of a data set of 308 new ventures of Pakistan. The results indicate that all three resources/capabilities have a significant influence on new venture performance as well as on BMI. Moreover, BMI fully mediates the relationship between IT capabilities and new venture performance while it plays a partial mediating role between financial capabilities and new venture performance as well as between entrepreneurial orientation and new venture performance. Our study recommends new enterprises emphasise their internal resources/capabilities to innovate their business model in a way to survive in the long run in the competitive market. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09537325
- Volume :
- 35
- Issue :
- 11
- Database :
- Academic Search Index
- Journal :
- Technology Analysis & Strategic Management
- Publication Type :
- Academic Journal
- Accession number :
- 172405563
- Full Text :
- https://doi.org/10.1080/09537325.2021.2010696