RESOURCE BOOTSTRAPPING OF NASCENT ENTREPRENEURS: CONSCIOUS ENTREPRENEURIAL DECISION OR FORCED REACTION?

Dietmar Grichnik · Luv Singh

8 citations0/0 files storedAlexandria (UniSG) (University of St.Gallen)

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Entrepreneurship Studies and Influences Business Strategies and Innovation Innovation and Knowledge Management

Abstract

Management research has neglected to conceptualize bootstrapping as a strategic resource management approach and to uncover its antecedents. To address this gap, this study studies the effect of strategic orientations and environmental factors on bootstrapping behavior. Our study of 298 entrepreneurs reveals that resource bootstrapping can be viewed as an individualistic choice made by entrepreneurs, based on a proactive maximization pattern.

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1978The External Control of Organizations.2003The role of social and human capital among nascent entrepreneurs 2004Social Structure and Organizations 1 2005Creating Something from Nothing: Resource Construction through Entrepreneurial Bricolage 2007Managing Firm Resources in Dynamic Environments to Create Value: Looking Inside the Black Box 2009Resource Dependence Theory: A Review 2004Entrepreneurial orientation and small business performance: a configurational approach 2005The Mediating Role of Self-Efficacy in the Development of Entrepreneurial Intentions.

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