Founding team and start-up competitive advantage

Management Decision

Volumn 47, Issue 2, 2009, Pages 345-358

  Wu, Lei Yu ^a   Wang, Chun Ju ^b   Tseng, Chun Yao ^c   Wu, Ming Cheng ^d  

^a NATIONAL CHENGCHI UNIVERSITY   (Taiwan)

^b MING CHUAN UNIVERSITY   (Taiwan)

^c TUNGHAI UNIVERSITY   (Taiwan)

^d NATIONAL CHANGHUA UNIVERSITY OF EDUCATION   (Taiwan)

Author keywords

Competitive advantage; Entrepreneurialism; Taiwan

Indexed keywords

EID: 68549126825     PISSN: 00251747     EISSN: None     Source Type: Journal    
DOI: 10.1108/00251740910938957     Document Type: Article

References (68)

1. Amit, R. and Schoemaker, P.J. (1993), Strategic assets and organizational rent, Strategic Management Journal, Vol. 14 No. 1, pp. 33-46.
2. Anderson, J.C. and Gerbing, D.W. (1998), Structural equation modeling in practice: a review and recommended two-step approach, Psychological Bulletin, Vol. 103 No. 3, pp. 411-23.
3. Armstrong, J.S. and Overton, T.S. (1977), Estimating nonresponse bias in mail surveys, Journal of Marketing Research, Vol. 14 No. 3, pp. 396-402.
4. Aspelund, A., Berg-Utby, T. and Skjevdal, R. (2005), Initial resources' influence on new venture survival: a longitudinal study of new technology-based firms, Technovation, Vol. 25, pp. 1337-47.
5. Babin, B.J. and Boles, J.S. (1998), Employee behavior in a service environment: a model and test of potential differences between men and women, Journal of Marketing, Vol. 62, pp. 77-91.
6. Bagozzi, R.P., Youjae, Y. and Phillips, L.W. (1992), Assessing construct validity in organizational research, Administrative Science Quarterly, Vol. 36, pp. 421-58.
7. Balkin, D. and Swift, M. (2006), Top management team compensation in high-growth technology ventures, Human Resource Management Review, Vol. 16 No. 1, pp. 1-11.
8. Barney, J. (1991), Firm resources and sustained competitive advantage, Journal of Management, Vol. 17 No. 1, pp. 99-120.
9. Binks, M., Starkey, K. and Mahon, C.L. (2006), Entrepreneurship education and the business school, Technology Analysis & Strategic Management, Vol. 18 No. 1, pp. 1-18.
10. Bollen, K.A. (1989), Structural Equations with Latent Variables, John Wiley & Sons, New York, NY.
11. Bruderl, J. and Preisendorfer, P. (1998), Network support and the success of newly founded business, Small Business Economics, Vol. 10 No. 2, pp. 213-25.
12. Bruno, A.V. and Tyebjee, T.T. (1985), The entrepreneur's search for capital, Journal of Business Venturing, Vol. 1 No. 1, pp. 61-74.
13. Chandler, G.N., Honig, B. and Wiklund, J. (2005), Antecedents, moderators, and performance consequences of membership change in new venture teams, Journal of Business Venturing, Vol. 20 No. 5, pp. 705-25.
14. Chang, L.Y. and Tan, J.F. (1999), Taiwanese industries, the frontier of trend, in Cheng, L.Y. (Ed.), Network of Taiwan: Personal Relationships and Economic Rationale of Business, Yuan-Liu, Taipei, pp. 9-16 (in Chinese).
15. Chaudhuri, A. and Holbrook, M.B. (2001), The chain of effects from brand trust and brand effect to brand performance: the role of brand loyalty, Journal of Marketing, Vol. 65, April, pp. 83-93.
16. Collis, D.J. (1991), A resource-based analysis of global competition: the case of the bearing industry, Strategic Management Journal, Vol. 12, pp. 49-68.
17. Colombo, M.G. and Grilli, L. (2005), Founders' human capital and the growth of new technology-based firms: a competence-based view, Research Policy, Vol. 34 No. 6, pp. 795-816.
18. Dubini, P. and Aldrich, H. (1991), Personal and extended networks are central to the entrepreneurial process, Journal of Business Venturing, Vol. 6 No. 5, pp. 305-13.
19. Dyer, J.H. and Chu, W. (2000), The determinants of trust in supplier-automaker relationships in the US, Japan, and Korea, Journal of International Business Studies, Vol. 31 No. 2, pp. 259-85.
20. Ganesan, S. (1994), Determinants of long-term orientation in buyer-seller relationships, Journal of Marketing, Vol. 58 No. 2, pp. 1-19.
21. Garbarino, E. and Johnson, M.S. (1999), The different roles of satisfaction, trust, and commitment in customer relationships, Journal of Marketing, Vol. 63 No. 2, pp. 70-87.
22. Garcia-Morales, V.J., Ruiz-Moreno, A. and Llorens-Montes, F.J. (2007), Effects of technology absorptive capability and technology proactivity on organizational learning, innovation and performance: an empirical examination, Technology Analysis & Strategic Management, Vol. 19 No. 4, pp. 527-58.
23. Gounaris, S.P. (2005), Trust and commitment influences on customer retention: insights from business-to-business services, Journal of Business Research, Vol. 58 No. 2, pp. 126-40.
24. Gulati, R. (1998), Alliances and networks, Strategic Management Journal, Vol. 19 No. 4, pp. 293-317.
25. Gulati, R. and Singh, H. (1998), The architecture of cooperation: managing coordination costs and appropriation concerns in strategic alliance, Administrative Science Quarterly, Vol. 43 No. 4, pp. 781-814.
26. Hadjimanolis, A. (2000), A resource-based view of innovativeness in small firms, Technology Analysis & Strategic Management, Vol. 12 No. 2, pp. 71-91.
27. Hair, J.F., Black, W.C., Babin, B.J., Anderson, R.E. and Tatham, R.L. (2006), Multivariate Data Analysis, Pearson Prentice-Hall, Englewood Cliffs, NJ.
28. Hill, C.W.L. and Jones, G.R. (2007), Strategic Management Theory: An Integrated Approach, 7th ed., Houghton-Mifflin, Boston, MA.
29. Hite, J.M. (2000), Patterns of multidimensionality in embedded network ties of emerging entrepreneurial firms, paper presented at the Annual Meeting of the Academy of Management, Toronto, Canada.
30. Hite, J.M. (2003), Patterns of multidimensionality among embedded network ties: a typology of relational embeddedness in emerging entrepreneurial firms, Strategic Organization, Vol. 1 No. 1, pp. 9-49.
31. Hite, J.M. (2005), Evolutionary processes and paths of relationally embedded network ties in emerging entrepreneurial firms, Entrepreneurship Theory and Practice, Vol. 29 No. 1, pp. 113-44.
32. Hoyt, J., Huq, F. and Kreiser, P. (2007), Measuring organizational responsiveness: the development of a validated survey instrument, Management Decision, Vol. 45 No. 10, pp. 1573-94.
33. Hu, L-T. and Bentler, P.M. (1995), Evaluating model fit, in Hoyle, R.H. (Ed.), Structural Equation Modeling, Sage Publications, Thousand Oaks, CA, pp. 76-99.
34. James, A.D. (2002), The strategic management of mergers and acquisitions in the pharmaceutical industry: developing a resource-based perspective, Technology Analysis & Strategic Management, Vol. 14 No. 3, pp. 299-313.
35. Johnson, D. and Grayson, K. (2005), Cognitive and affective trust in service relationships, Journal of Business Research, Vol. 58 No. 4, pp. 500-7.
36. Khanna, T. and Palepu, K. (1997), Why focused strategies may be wrong for emerging markets, Harvard Business Review, July-August, pp. 41-51.
37. Kristandl, G. and Bontis, N. (2007), Constructing a definition for intangibles using the resource based view of the firm, Management Decision, Vol. 45 No. 9, pp. 1510-24.
38. Lasch, F., Roy, F.L. and Yami, S. (2007), Critical growth factors of ICT start-ups, Management Decision, Vol. 45 No. 1, pp. 62-75.
39. Laumann, E.O. (1982), Microstructural analysis in interorganizational systems, Social Networks, Vol. 4 No. 4, pp. 329-48.
40. Lee, C., Lee, K. and Pennings, J.M. (2001), Internal capabilities, external networks, and performance: a study on technology-based ventures, Strategic Management Journal, Vol. 22 Nos 6/7, pp. 615-40.
41. Li, T. and Calantone, R.J. (1998), The impact of market knowledge competence on new product advantage: conceptualization and empirical examination, Journal of Marketing, Vol. 62, pp. 13-29.
42. Lin, B., Li, P. and Chen, J. (2006), Social capital, capabilities, and entrepreneurial strategies:a study of Taiwanese high-tech new ventures, Technological Forecasting and Social Change, Vol. 73 No. 2, pp. 168-81.
43. Morgan, R.M. and Hunt, S.D. (1994), The commitment-trust theory of relationship marketing, Journal of Marketing, Vol. 58 No. 3, pp. 20-38.
44. Mosey, S., Lockett, A. and Westhead, P. (2006), Creating bridges for university technology transfer: the Medici fellowship programme, Technology Analysis & Strategic Management, Vol. 18 No. 1, pp. 71-91.
45. Nahapiet, J. and Ghoshal, S. (1998), Social capital, intellectual capital, and the organizational advantage, Academy of Management Review, Vol. 23 No. 2, pp. 242-66.
46. Nesheim, J.L. (2000), High Tech Start Up: The Complete Handbook for Creating Successful New High Tech Companies, Free Press, New York, NY.
47. Penrose, E.T. (1959), The Theory of the Growth of the Firm, Basil Blackwell, Oxford.
48. Pfeffer, J. and Salancik, G.R. (1978), The External Control of Organizations: A Resources Dependence Perspective, Harper & Row, New York, NY.
49. Pisano, G.P. and Wheelwright, S.C. (1995), The new logic of high-tech R&D, Harvard Business Review, Vol. 73 No. 5, pp. 93-7.
50. Powell, W. (1990), Neither market nor hierarchy: network forms of organization, Research in Organizational Behavior, Vol. 12, pp. 295-336.
51. Rae, D. (2006), Entrepreneurial learning: a conceptual framework for technology-based enterprise, Technology Analysis & Strategic Management, Vol. 18 No. 1, pp. 39-56.
52. Ray, G., Barney, J.B. and Muhanna, W.A. (2004), Capabilities, business processes, and competitive advantage: choosing the dependent variable in empirical tests of the resource-based view, Strategic Management Journal, Vol. 25 No. 1, pp. 23-37.
53. Rousseau, D.M., Sitkin, S.B., Burt, R.S. and Camerer, C. (1998), Not so different after all: a cross-discipline view of trust, Academy of Management Review, Vol. 23 No. 3, pp. 393-404.
54. Sandberg, W.R. and Hofer, C.W. (1987), Improving new venture performance: the role of strategy, industry structure, and the entrepreneurs, Journal of Business Venturing, Vol. 2 No. 1, pp. 5-28.
55. Saxenian, A.L. (1994), Regional Advantage, Harvard University Press, Cambridge, MA.
56. Sivadas, E. and Dwyer, F.R. (2000), An examination of organizational factors influencing new product success in internal and alliance-based processes, Journal of Marketing, Vol. 64 No. 1, pp. 31-49.
57. Smith, J.B. and Barclay, D.W. (1997), The effects of organizational differences and trust on the effectiveness of selling partner relationships, Journal of Marketing, Vol. 61, January, pp. 3-21.
58. Starr, J.A. and MacMillan, I.C. (1990), Resource cooptation via social contracting: resource acquisition strategies for new ventures, Strategic Management Journal, Vol. 11, pp. 79-92.
59. Tsai, W. and Ghoshal, S. (1998), Social capital and value creation: the role of intrafirm networks, Academy of Management Journal, Vol. 41 No. 4, pp. 464-76.
60. Wang, Y., Lo, H. and Yang, Y. (2004), The constituents of core competencies and firm performance: evidence from high-technology firms in China, Journal of Engineering and Technology Management, Vol. 21 No. 4, pp. 249-80.
61. Watson, W., Stewart, W.H. and BarNir, A. (2003), The effects of human capital, organizational demography, and interpersonal processes on venture partner perceptions of firm profit and growth, Journal of Business Venturing, Vol. 18 No. 2, pp. 145-64.
62. Wernerfelt, B. (1984), A resource-base view of the firm, Strategic Management Journal, Vol. 5 No. 2, pp. 171-80.
63. Wu, L. (2007), Entrepreneurial resources, dynamic capabilities and start-up performance of Taiwan's high-tech firms, Journal of Business Research, Vol. 60 No. 5, pp. 549-55.
64. Wu, L., Wang, C., Chen, C. and Pan, L. (2008), Internal resources, external network, and competitiveness during the growth stage: a study of Taiwanese high-tech ventures, Entrepreneurship Theory and Practice, Vol. 32 No. 3, pp. 529-49.
65. Yu, C.J. (2000), Restructuring of production networks in foreign markets: the case of Taiwanese firms, in Chen, J. (Ed.), Foreign Direct Investment, Macmillan, New York, NY.
66. Yu, C.J., Wu, L. and Hsu, J.C. (2003), Network dynamics of high technology firms: the case of firms in Hsinchu high technology industrial park and Silicon Valley, Proceedings of the Conference on International Business, University of Hawaii, West Oahu, Hawaii.
67. Zaheer, A. and Venkataraman, N. (1995), Relational governance as an interorganizational strategy: an empirical test of the role of trust in economic behavior, Strategic Management Journal, Vol. 16 No. 5, pp. 373-92.
68. Dollinger, M.J. (1995), Entrepreneurship: Strategies and Resources, Irwin, Boston, MA.