Nascent green-technology ventures: a study assessing the role of partnership diversity in firm success

Nascent green-technology ventures: a study assessing the role of partnership diversity in firm... Given the increasing deterioration of the environment, understanding the strategies of nascent green-technology ventures developing clean technology to address environmental concerns is important. This study is one of the first to empirically examine the role of partnership diversity in nascent green-technology ventures in a quantitative empirical study by systematically applying a resource-based view (RBV) theoretical perspective. Partnership diversity relates to the variety of partnerships with different sectors with which a green-technology venture engages in order to mobilize resources and be successful. RBV suggests that the accumulation and combination of such resources leads to success. However, data from 50 green-technology venture business plans suggest that resources mobilized do not mediate the relationship between partnership diversity and success as measured by venture development, value creation, and venture innovation. Nevertheless, partnership diversity and resources mobilized are related to venture development. These results, their implications, future research opportunities, and limitations are discussed. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Small Business Economics Springer Journals

Nascent green-technology ventures: a study assessing the role of partnership diversity in firm success

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Publisher
Springer US
Copyright
Copyright © 2011 by Springer Science+Business Media, LLC.
Subject
Economics / Management Science; Management/Business for Professionals; Microeconomics; Entrepreneurship; Industrial Organization
ISSN
0921-898X
eISSN
1573-0913
D.O.I.
10.1007/s11187-011-9400-1
Publisher site
See Article on Publisher Site

Abstract

Given the increasing deterioration of the environment, understanding the strategies of nascent green-technology ventures developing clean technology to address environmental concerns is important. This study is one of the first to empirically examine the role of partnership diversity in nascent green-technology ventures in a quantitative empirical study by systematically applying a resource-based view (RBV) theoretical perspective. Partnership diversity relates to the variety of partnerships with different sectors with which a green-technology venture engages in order to mobilize resources and be successful. RBV suggests that the accumulation and combination of such resources leads to success. However, data from 50 green-technology venture business plans suggest that resources mobilized do not mediate the relationship between partnership diversity and success as measured by venture development, value creation, and venture innovation. Nevertheless, partnership diversity and resources mobilized are related to venture development. These results, their implications, future research opportunities, and limitations are discussed.

Journal

Small Business EconomicsSpringer Journals

Published: Nov 15, 2011

References

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