The role of organisational factors and environmental conditions on the success of newly founded firms
Resumen: This study examines the influence of founding conditions and decisions on new companies' performance, analysing how both environmental context and organisational dynamics interact to determine their success. It distinguishes between two different success indicators: survival and profitable growth. An empirical study conducted using a sample of 3,722 new agri-food companies in two different periods, one of economic stability and the other of recession, showed that founding conditions had long-lasting effects on post-entry performance. The economic context acted as a moderator of the relationship between individual factors and success. Adverse environmental conditions were also a determinant of success, making surviving firms more competitive and resilient. The results reflect the survival of the fitter principle by showing that early profitability reduced the risk of failure and made firms more likely to become profitable in the medium term. Internationalisation strategies developed organisational capabilities that created an imprint for adaptability and growth.
Idioma: Inglés
DOI: 10.1017/jmo.2023.13
Año: 2023
Publicado en: Journal of Management & Organization (2023), [34 pp.]
ISSN: 1833-3672

Financiación: info:eu-repo/grantAgreement/ES/DGA/S38-17R
Financiación: info:eu-repo/grantAgreement/ES/MINECO/ECO2013-45568-R
Tipo y forma: Article (PostPrint)
Área (Departamento): Área Economía Finan. y Contab. (Dpto. Contabilidad y Finanzas)

Creative Commons You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. You may not use the material for commercial purposes. If you remix, transform, or build upon the material, you may not distribute the modified material.


Exportado de SIDERAL (2024-01-12-14:21:32)


Visitas y descargas

Este artículo se encuentra en las siguientes colecciones:
Articles



 Record created 2023-05-16, last modified 2024-01-12


Postprint:
 PDF
Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)