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Small, young firm flexibility and performance in the context of disruptive innovations

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  • Sofy Carayannopoulos

Abstract

Flexibility is a quality that is frequently associated with small, young firms. However, there has been limited attention given to understanding how flexibility is linked to small firm performance, and limited recognition that flexibility is costly and only advantageous in certain environmental contexts. This paper explores small, young firm flexibility advantages in the context of commercialising radical, architectural, modular, and incremental innovations. Multiple dimensions of flexibility are examined to identify the innovation regimes in which small, young firms may survive and succeed against larger, more established incumbents. The propositions developed extend understanding of the liabilities of newness, start-up performance and flexibility, and the displacement of incumbents by new firms.

Suggested Citation

  • Sofy Carayannopoulos, 2017. "Small, young firm flexibility and performance in the context of disruptive innovations," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 21(1/2), pages 105-118.
    • Handle: RePEc:ids:ijeima:v:21:y:2017:i:1/2:p:105-118
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    Cited by:

    1. Hyder Akmal S. & Sundström Agneta & Chowdhury Ehsanul H., 2022. "Knowledge of Network-Based Market Orientation for the Internationalization of Disruptive Innovation in SMEs," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 30(3), pages 36-60, September.
    2. Cacciolatti, Luca & Rosli, Ainurul & Ruiz-Alba, José L. & Chang, Jane, 2020. "Strategic alliances and firm performance in startups with a social mission," Journal of Business Research, Elsevier, vol. 106(C), pages 106-117.
    3. Faiez Ghorbel & Wafik Hachicha & Younes Boujelbene & Awad M. Aljuaid, 2021. "Linking Entrepreneurial Innovation to Effectual Logic," Sustainability, MDPI, vol. 13(5), pages 1-13, March.

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