Technological Entrepreneurship: How does Environmental Turbulence Impact upon Collaboration Risk?

Abstract

The aim of this paper is to identify the impact of environmental turbulence on the risk of cooperation in technological entrepreneurship. Multidimensional factors such as the risk of cooperation, environmental turbulence, and the reaction to operationalized changes were selected during the literature review, and were subjected to empirical verification on a 304 element sample of SMEs, which are implementing technology entrepreneurship. The study used a questionnaire interview technique conducted directly in the company, and the research tool was a specially prepared questionnaire. Because of the multidimensional character of the studied variables, structural modelling was chosen. In addition, the influence of selected mediators and moderators on the relationship between the turbulence of the environment and the risk of cooperation in technological entrepreneurship was examined. The article has been divided into five main sections. The first section constitutes the introduction to the deliberations. A detailed review of the literature, taking into account the principles of operationalization of each of the presented variables, is discussed in the second section. The methodology used is then presented. In the next section of the paper, the results of the research are presented and then a broad discussion of these results is undertaken. The last section is a summary of the conducted research and its limitations. Knowledge about the antecedents of cooperation risk allows for the minimization of the presence of adverse phenomena, while knowledge of the directions of their impact greatly enriches the experience in the management of this type of relationship. The presented research may contribute to the construction of a rational model of the cooperation risk management process, in particular, in the case of adopting resources existing within the organization.

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