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The relationship between new venture entry mode and firm performance

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The relationship between new venture entry mode and firm performance

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dc.contributor.author Enz, Cahty A. es_ES
dc.contributor.author Canina, Linda es_ES
dc.contributor.author Palacios Marqués, Daniel es_ES
dc.date.accessioned 2017-05-25T07:38:26Z
dc.date.available 2017-05-25T07:38:26Z
dc.date.issued 2013
dc.identifier.issn 1554-7191
dc.identifier.uri http://hdl.handle.net/10251/81718
dc.description.abstract Grounded in the knowledge-based view of the firm, this paper compares the performance outcomes from different modes of new venture entry. Data from new hotels entering the United Kingdom between 2006–2010 was used to explore how entry mode (i.e., franchised or independent) impacts post-entry firm performance. Controlling for market demand and market segments, this study found that affiliation with a franchise made it easier for new owners to ramp up revenues in the first six months if the service had a high level of operational complexity (e.g., full-service hotels). After this initial benefit period no significant performance benefit accrued to branded full-service hotels. In contrast, hotels that offered less complex services obtained higher levels of performance when relying on independent status vs. brand affiliation between six and twenty-four months after entry. Implications of the results are offered in the context of determining the value of explicit versus tacit knowledge obtained from external sources versus going it alone as an entrepreneur. es_ES
dc.language Inglés es_ES
dc.publisher Springer Verlag (Germany) es_ES
dc.relation.ispartof International Entrepreneurship and Management Journal es_ES
dc.rights Reserva de todos los derechos es_ES
dc.subject Knowledge management es_ES
dc.subject New ventures es_ES
dc.subject Entry mode es_ES
dc.subject Firm performance and market entry es_ES
dc.subject Entrepreneurial entry es_ES
dc.subject.classification ORGANIZACION DE EMPRESAS es_ES
dc.title The relationship between new venture entry mode and firm performance es_ES
dc.type Artículo es_ES
dc.identifier.doi 10.1007/s11365-011-0192-1
dc.rights.accessRights Cerrado es_ES
dc.contributor.affiliation Universitat Politècnica de València. Escuela Técnica Superior de Ingeniería del Diseño - Escola Tècnica Superior d'Enginyeria del Disseny es_ES
dc.description.bibliographicCitation Enz, CA.; Canina, L.; Palacios Marqués, D. (2013). The relationship between new venture entry mode and firm performance. International Entrepreneurship and Management Journal. 9:129-145. doi:10.1007/s11365-011-0192-1 es_ES
dc.description.accrualMethod S es_ES
dc.relation.publisherversion http://dx.doi.org/10.1007/s11365-011-0192-1 es_ES
dc.description.upvformatpinicio 129 es_ES
dc.description.upvformatpfin 145 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.description.volume 9 es_ES
dc.relation.senia 255003 es_ES
dc.identifier.eissn 1555-1938
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