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Growth-oriented new agricultural ventures: the role of entrepreneurial resources and capabilities under convergence forces

Year: 2018
Type: article
Abstract: Using a multilevel approach, this study examines how new entrants’ resources, capabilities and context influence growth-oriented new agricultural ventures. Results indicate that growth orientation is largely self-determined. The knowledge base of the new entrants, their social ties with entrepreneurs, together with the capabilities to identify and exploit opportunities, as well as those to effectively offer new products, trigger these growth-oriented ventures. Industry contexts also influence them, as those operating in less agriculturally competitive countries have a greater probability of becoming growth-oriented, suggesting convergence forces. Lastly, results reveal that competitiveness positively moderates the relationship between product innovation capabilities and growth orientation.
Language: English
Open Access status: green
OpenAlex ID: W2900860430
FWCI: 3.353
Cites: 152
Cited by: 27
Related to: 10