CAPABILITY LEARNING IN NEW VENTURES Sample Clauses

CAPABILITY LEARNING IN NEW VENTURES. According to the previous chapter, xxxxxxxx plays a major role in the development of dynamic capabilities. Learning is also central to Xxxxx Xxxxxxx'x resource-based perspective of company growth. This is especially true for small firms (Thompson and Xxxxxx 2005). In fact, different theoretical and empirical contributions (e.g., XxXxxxx, Xxxxx, and Xxxxx 1996; Xxxxxxxx-Xxxxx, Xxxxxx, and Xxx 2000; Ireland, Xxxx, Xxxx et al. 2001; xxx Xxxx and Xxxxx 2004) indicate a link between learning and new venture performance. However, research on learning in entrepreneurial firms is still in its early days (Xxxxxxx and Bygrave 2001). In this section, I provide insights into organisational learning in general and entrepreneurial learning in particular to develop an understanding of the evolution of dynamic capabilities in technology-based new ventures. The section closes with various hypotheses concerning different drivers for learning in entrepreneurial firms.
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