New venture performance: an empirical examination of the interplay between dynamic learning capabilities, the entrepreneur, and organizational structure alignment
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2023-12-15
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en
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Only a fraction of ventures can successfully scale up. This study builds and empirically tests a model of the relationship between founder-induced strategic alignment and new venture performance. Specifically, this study investigates how path-breaking approach, entrepreneurial beliefs, and strategic alignment impact new venture performance. Although some findings were not statistically significant, the evidence suggests that strategic alignment may improve the performance of new ventures, especially when paired with active financial controls implementation by the entrepreneur. However, it is important to note that further research is needed to establish a conclusive result. For instance, new ventures embracing a path-breaking approach, can potentially disrupt alignment and hinder performance unless proactive entrepreneurs with high entrepreneurial self-efficacy on searching can effectively enhance strategic alignment and drive performance growth.
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Faculteit der Managementwetenschappen