IDEAS home Printed from https://ideas.repec.org/a/ids/ijeima/v3y2003i5-6p546-562.html
   My bibliography  Save this article

Opportunistic adaptation in start-up companies

Author

Listed:
  • Linda Andren
  • Mats Magnusson
  • Soren Sjolander

Abstract

A key success factor for entrepreneurial start-up companies in dynamic industries is opportunistic adaptation, i.e. an entrepreneurial strategy focusing on rapid learning and adaptation to market changes. Important dimensions left out of this process in previous research are the roles played by the resources and capabilities of the firm and the entrepreneurial vision guiding business development. A theoretical framework is developed, combining the dynamic capabilities approach of the resource-based strategy school and the cognitive dimension of the business. In order to explore how the entrepreneurial vision and the firm's capabilities and resources influence the business development process, case studies of the business model evolution in 26 start-up companies in the Swedish mobile internet industry have been performed. In particular, it is found that the industry experience of the founding/management team, interaction with customers and the dependence of external parties are factors that influence the possibilities for a start-up company to succeed.

Suggested Citation

  • Linda Andren & Mats Magnusson & Soren Sjolander, 2003. "Opportunistic adaptation in start-up companies," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 3(5/6), pages 546-562.
    • Handle: RePEc:ids:ijeima:v:3:y:2003:i:5/6:p:546-562
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=3942
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Natalia Isachenkova & Melvyn Weeks, 2009. "Acquisition, Involvency and Managers in UK Small Companies," Working Papers wp390, Centre for Business Research, University of Cambridge.
    2. Soluk, Jonas & Decker-Lange, Carolin & Hack, Andreas, 2023. "Small steps for the big hit: A dynamic capabilities perspective on business networks and non-disruptive digital technologies in SMEs," Technological Forecasting and Social Change, Elsevier, vol. 191(C).
    3. Isachenkova, N. & Weeks, M., 2008. "Acquisition, Insolvency and Managers in UK Small Companies," Cambridge Working Papers in Economics 0838, Faculty of Economics, University of Cambridge.
    4. Macpherson, Allan & Holt, Robin, 2007. "Knowledge, learning and small firm growth: A systematic review of the evidence," Research Policy, Elsevier, vol. 36(2), pages 172-192, March.
    5. Peer-Olaf Siebers & Dinuka B. Herath & Emanuele Bardone & Siavash Farahbakhsh & Peter Gloggengiehser Knudsen & Jens Koed Madsen & Mehwish Mufti & Martin Neumann & Dale Richards & Raffaello Seri & Davi, 2020. "On the quest for defining organisational plasticity: a community modelling experiment," Evidence-based HRM, Emerald Group Publishing Limited, vol. 9(2), pages 126-138, September.
    6. Eriksson, Taina, 2014. "Processes, antecedents and outcomes of dynamic capabilities," Scandinavian Journal of Management, Elsevier, vol. 30(1), pages 65-82.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijeima:v:3:y:2003:i:5/6:p:546-562. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=7 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.