Obstacles and Facilitators of Developments in Entrepreneur-driven Firms
Urban Ljungquist () and
Navid Ghannad ()
Additional contact information
Urban Ljungquist: CSIR, Blekinge Inst of Technology, Postal: CSIR, School of Management, Blekinge Inst of Technology, 371 79 Karlskrona, Sweden
Navid Ghannad: Halmstad University, Postal: School of Business and Engineering, Halmstad University, Halmstad, Sweden,
No 2012/01, Working Papers from Blekinge Institute of Technology, Department of Industrial Economics
Abstract:
• Purpose: To identify facilitating and redundant components of core competence development during the growth phases in entrepreneur-driven SMEs. • Methodology: Conducts a longitudinal empirical study based on large number of interviews. • Findings: Describes how individual competences critical for a start-up firm (entrepreneurial, market and network) eventually are transformed into organisational routines and institutionalised. Highlights distinction between competence and organisational structure. The latter could emerge incrementally in a firm, yet also be a tool to manage organisational change. • Research limitations/implications: Brings in-depth knowledge by qualitative analysis. Future studies should test our findings in large-scale study with quantitative analysis. • Practical implications: A start-up built on technology competence needs to combine with market competences, preferably in parallel, or in sequence, for ideal core competence development. To expand further, the entrepreneur ultimately must step down. Important to balance the firm's ambidexterity by adding exploitation to the initial exploration. To boost expansion further, explicate visions and policies must be added, which will guide and release employees' innovative drive. • Social implications: Suggests how entrepreneurial spirits could be transformed to facilitate growth beyond small firm size. • Originality/value: Informs scholars and managers of core competence facilitators during SMEs growth phases.
Keywords: core competence; entrepreneurship; SME; competence; INV; longitudinal study; Resource based view (search for similar items in EconPapers)
JEL-codes: M13 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2012-01-01
New Economics Papers: this item is included in nep-bec, nep-cse, nep-ent and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hhs:bthcsi:2012-001
Access Statistics for this paper
More papers in Working Papers from Blekinge Institute of Technology, Department of Industrial Economics Department of Industrial Economics, Blekinge Inst of Technology, 371 79 Karlskrona, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Martin Andersson ().