Abstract
Drawing on the dynamic capabilities view, this study investigates the role of failure analysis capability in affecting venture goal progress in the technologically turbulent environment in which entrepreneurial failures are commonplace. Combining a three-wave time-lagged questionnaire survey (Study 1) with a qualitative interview (Study 2) on high-tech entrepreneurial ventures in China, we conclude that technological turbulence weakens the positive association between failure analysis capability and venture goal progress. However, the market knowledge depth of new ventures can be applied to mitigate the negative moderating effect of technological turbulence on the failure analysis capability-venture goal progress association. Theoretical and practical implications are derived from the above findings to guide future research.
| Original language | English |
|---|---|
| Pages (from-to) | 30-41 |
| Number of pages | 12 |
| Journal | Industrial Marketing Management |
| Volume | 113 |
| Early online date | 3 Jun 2023 |
| DOIs | |
| Publication status | Published - 1 Aug 2023 |
Bibliographical note
Funding Information:The authors would like to acknowledge the grants from National Natural Science Foundation of China under Grants 71901106 and 71802098 .
Publisher Copyright:
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