Facing the Dilemma of Resource Poverty
As described in the previous chapter, the ability to acquire and combine various resources can be considered a resource in itself (Alvarez/Busenitz, 2001, pp. 767 – 769, 772). In order to utilize the external resource base, certain capabilities and activities are a prerequisite. This study proposes that above all, activities geared towards interaction with network partners, i.e., network activities as well as an internal exchange of information need to be carried out. Moreover, a flexible organizational culture, i.e., adhocracy enhances these network activities. The following chapters introduce these three resources, namely, network activities, internal communication, and adhocracy.
KeywordsTransformational Leadership Power Distance Uncertainty Avoidance Entrepreneurial Firm Product Development Process
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