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The contingent value of marketing strategy innovativeness for product development performance in Chinese new technology ventures
Authors:Kwaku Atuahene-Gima [Author Vitae]  Luigi M. De Luca [Author Vitae]
Affiliation:a China Europe International Business School (CEIBS), 699 Hongfeng Road, Pudong, Shanghai 201206, Peoples' Republic of China
b Jesse H. Jones Graduate School of Management, Rice University Houston, Texas 77005, United States
c Management Department, Bocconi University, Viale Filippetti, 9 20122 Milan, Italy
Abstract:This study extends research on entrepreneurial behavior by investigating the relationship between the marketing strategy innovativeness (MSI) and new product performance in technology-based new ventures in China. Specifically, premised on contingent resource-based view we argue that MSI is a firm capability that must be bundled with external managerial relationships and be deployed in the appropriate environment to ensure its success. We found that the team's extra industry relationships and market dynamism enhanced the impact of MSI on new product performance. In contrast, top management team's intraindustry relationships, financial relationships, and technology dynamism hindered the impact of MSI on new product performance.
Keywords:Marketing strategy   Strategy innovativeness   Strategic decision-making   New ventures   Product development   Performance   China
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