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首页> 外文期刊>Strategic Management Journal >Entry into Nascent Industries: Disentangling a Firm's Capability Portfolio at the Time of Investment Versus Market Entry
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Entry into Nascent Industries: Disentangling a Firm's Capability Portfolio at the Time of Investment Versus Market Entry

机译：进入新兴产业：在投资与进入市场时解开企业的能力组合

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摘要

This article examines the capability antecedents of firm entry into nascent industries. Because a firm's technological investments in nascent industries typically occur before market entry, this study makes a distinction between firm capabilities at the time of market entry and at the time of initial investment. At the time of market entry, core technical capabilities and complementary assets influence the likelihood of entry. However, at the time of investment, a firm's integrative capabilities as well as the initial stocks of related technical capabilities and complementary assets become critical, as they enable endogenous development of core technical capabilities and complementary assets by the time of entry. The empirical sample consists of firms involved in field experiments in agricultural biotechnology during the period 1980-2010.
机译：本文考察了企业进入新生行业的能力先决条件。由于公司对新兴产业的技术投资通常发生在进入市场之前，因此本研究对进入市场时和初始投资时公司的能力进行了区分。在进入市场时，核心技术能力和互补资产会影响进入的可能性。但是，在进行投资时，公司的整合能力以及相关技术能力和补充资产的初始存量变得至关重要，因为它们可以在进入时实现核心技术能力和补充资产的内在发展。该经验样本由1980-2010年间参与农业生物技术实地实验的公司组成。

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