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Business model evolution, contextual ambidexterity and the growth performance of high-tech start-ups

Published on Jun 1, 2019in Journal of Business Research4.028
· DOI :10.1016/j.jbusres.2019.02.029
Bernardo Balboni6
Estimated H-index: 6
(University of Modena and Reggio Emilia),
Guido Bortoluzzi7
Estimated H-index: 7
(UniTS: University of Trieste)
+ 1 AuthorsAndrea Tracogna5
Estimated H-index: 5
(UniTS: University of Trieste)
Abstract
Abstract Focusing on the role of efficiency and novelty design themes, this paper examines how (a) the initial business model of a start-up, (b) the subsequent changes in the design themes and (c) the combinative effect of efficiency and novelty (contextual ambidexterity) impact a start-up's growth performance. The study is based on a survey involving 267 new ventures from high-tech industries. The results highlight the importance of pursuing higher efficiency over the life cycle of a start-up, although not at the moment of its establishment. In relation to business model ambidexterity, the findings highlight the different effect that contextual ambidexterity can have on the growth performance of a start-up firm in different stages of its life cycle. While initial ambidexterity is found to have a negative effect on growth performance, successive increases in the level of ambidexterity have a positive influence on growth.
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  • Citations (1)
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References79
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