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Strategic entrepreneurship behaviour and the innovation ambidexterity of young technology-based firms in incubators

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journal contribution
posted on 02.07.2020, 10:50 by Mathew Hughes, Paul Hughes, Robert Morgan, Ian Hodgkinson, Younggeun Lee
Innovation ambidexterity is especially complex for young technology-based firms because they are resource-challenged and knowledge-deficient in strategic terms; but they possess considerable scope for entrepreneurship. Strategic entrepreneurship may provide a solution. Incubators emerged as a policy solution precisely due to this dilemma. We conceptualise that strategic entrepreneurship, as a synthesis of young technology-based firms’ opportunity-seeking and advantage-seeking behaviours, can affect both explorative and exploitative innovation activities in these firms, and expect that subsequent innovation ambidexterity affects profitability. Our empirical analyses reveal complex and competing interrelationships that both ease and exacerbate the tensions associated with innovation ambidexterity. We contribute to theory by testing strategic entrepreneurship as it applies to innovation ambidexterity and evidence behaviours that contribute to its foundations. To entrepreneurs and managers, we offer a set of prescriptions for innovation ambidexterity in young firms that accounts for the complementarities between complex and theoretically opposing constructs.

History

School

  • Business and Economics

Department

  • Business

Published in

International Small Business Journal

Publisher

SAGE Publications

Version

VoR (Version of Record)

Rights holder

© The authors

Publisher statement

This article is distributed under the terms of the Creative Commons Attribution 4.0 License (https://creativecommons.org/licenses/by/4.0/) which permits any use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the SAGE and Open Access page (https://us.sagepub.com/en-us/nam/open-access-at-sage).

Acceptance date

01/07/2020

Publication date

2020-08-29

Copyright date

2020

ISSN

0266-2426

eISSN

1741-2870

Language

en

Depositor

Prof Mat Hughes Deposit date: 1 July 2020

Licence

Exports