The influence of dynamic capabilities on startup growth
| Autor: | Diego Antonio Bittencourt Marconatto, Luis Felipe Dias Lopes, Emidio Gressler Teixeira, Adalberto Américo Fischmann, Gilnei Luiz de Moura |
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| Rok vydání: | 2021 |
| Předmět: |
Service (business)
Dynamic capabilities Process (engineering) Small business growth Startups Dynamic capabilities Innovation Services media_common.quotation_subject 05 social sciences Small business growth Services Business model General Business Management and Accounting Education 0502 economics and business Scalability Startups 050211 marketing Business Service innovation Innovation Function (engineering) Competence (human resources) 050203 business & management Industrial organization media_common |
| Zdroj: | RAUSP Management Journal, Volume: 56, Issue: 1, Pages: 108-88, Published: 19 MAY 2021 |
| ISSN: | 2531-0488 |
| DOI: | 10.1108/rausp-08-2019-0176 |
| Popis: | Purpose The purpose of this study is to analyze the relationship between dynamic service innovation capabilities (DSICs) and startup growth in an emerging country. Design/methodology/approach This paper used a theoretical DSIC model to process data on 137 Brazilian startups, using a stepwise regression. Findings Service startup growth is related to the capability of enterprises to understand market signals, learn from customers and design a scalable, repetitive and profitable business model. Research limitations/implications Despite the innovative nature of startups, this paper found that technological and networking capacities are not a determinant of growth. Practical implications Managers should commit themselves to improve their competence in terms of understanding market signals, even when they already have a consolidated business model, products and service offerings. The findings also function as a warning about the dangers of an excessive focus on technological capabilities. Social implications Innovative startups, which achieve high growth create a disproportionate number of new jobs. Hence, by indicating the dynamic capabilities that are more conducive to firm growth, this paper contributes to society and the economy at large. Originality/value The findings challenge the myth of technological capacity and networking skills as the main sources of startup growth. This paper shows that founders and managers of service startups who want to achieve rapid growth should concentrate more effort on other skills. Marketing competence and building scalable business models – abilities that are common to successful traditional firms – are more relevant for short-term growth than technological innovation. |
| Databáze: | OpenAIRE |
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