Human Capital and Nascent Entrepreneurship: The Opportunity Cost of a New Job

Kim Klyver, Carina Lomberg, Paul Steffens

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    Abstract

    Strategic variety is a key aspect of firm-level entrepreneurial behavior. This study reconciles mixed findings about the antecedents and consequences of strategic variety in firms. We propose that internally and externally oriented work practices enhance strategic variety, and that strategic variety has a curvilinear relationship with firm performance. We empirically show the effects of search and scanning, internal communication and experimentation on strategic variety. Furthermore, our results show that strategic variety has an inversed U-shaped relationship with firm performance.
    Original languageEnglish
    Title of host publicationProceedings of the Babson Collegue Entrepreneurship Research Conference (BCERC)
    Publication date2015
    Publication statusPublished - 2015
    Event35th Babson College Entrepreneurship Resaerch Conference - Babson College, Boston, United States
    Duration: 10 Jun 201513 Jun 2015

    Conference

    Conference35th Babson College Entrepreneurship Resaerch Conference
    Location Babson College
    Country/TerritoryUnited States
    CityBoston
    Period10/06/201513/06/2015

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