Optimistic entrepreneurs and new product introductions in high technology industries

Name: Optimistic entrepreneurs and new product introductions in high technology industries
Author: Işıklar, Rukiye Işıl Yavuz, Dutta, D. K., Soytaş, Mehmet Ali

İsim	Optimistic entrepreneurs and new product introductions in high technology industries
Yazar	Işıklar, Rukiye Işıl Yavuz, Dutta, D. K., Soytaş, Mehmet Ali
Basım Tarihi:	2018
Basım Yeri	- Academy of Management
Tür	Belge
Dil	İngilizce
Dijital	Evet
Yazma	Hayır
Kütüphane:	Özyeğin Üniversitesi
Demirbaş Numarası	2-s2.0-85054556175
Kayıt Numarası	17ee1d02-7ab5-46a2-a3d1-2925ff977e1f
Lokasyon	Economics
Tarih	2018
Notlar	The Ewing Marion Kauffman Foundation
Örnek Metin	This study examines how the relationship between past performance and new product introductions is influenced by entrepreneurial optimism. Based on the behavioral theory of the firm, we test how past performance suggest low performance relative to aspirations helps new ventures initiate strategic change, such as new product introductions. In contrast, high performance relative to aspirations tends to reinforce status quo. Moreover, we argue that when past performance falls below aspirations, new ventures founded by optimistic entrepreneurs are more likely to introduce new products than those with less optimistic entrepreneurs. We test our hypotheses using data from the Kauffman Firm Survey on 333 newly founded high technology new ventures in the U.S. Our results strongly support our interaction hypothesis. After controlling for the impact of several entrepreneurial and firm-level characteristics, we show that the rate of new product introductions is highest in ventures founded by optimistic entrepreneurs where the ventures have shown low prior performance relative to their aspirations.
DOI	10.5465/AMBPP.2018.44

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Optimistic entrepreneurs and new product introductions in high technology industries

Yazar Işıklar, Rukiye Işıl Yavuz, Dutta, D. K., Soytaş, Mehmet Ali

Basım Tarihi 2018

Basım Yeri - Academy of Management

Tür Belge

Dil İngilizce

Dijital Evet

Yazma Hayır

Kütüphane Özyeğin Üniversitesi

Demirbaş Numarası 2-s2.0-85054556175

Kayıt Numarası 17ee1d02-7ab5-46a2-a3d1-2925ff977e1f

Lokasyon Economics

Tarih 2018

Notlar The Ewing Marion Kauffman Foundation

Örnek Metin This study examines how the relationship between past performance and new product introductions is influenced by entrepreneurial optimism. Based on the behavioral theory of the firm, we test how past performance suggest low performance relative to aspirations helps new ventures initiate strategic change, such as new product introductions. In contrast, high performance relative to aspirations tends to reinforce status quo. Moreover, we argue that when past performance falls below aspirations, new ventures founded by optimistic entrepreneurs are more likely to introduce new products than those with less optimistic entrepreneurs. We test our hypotheses using data from the Kauffman Firm Survey on 333 newly founded high technology new ventures in the U.S. Our results strongly support our interaction hypothesis. After controlling for the impact of several entrepreneurial and firm-level characteristics, we show that the rate of new product introductions is highest in ventures founded by optimistic entrepreneurs where the ventures have shown low prior performance relative to their aspirations.

DOI 10.5465/AMBPP.2018.44