Entrepreneurial copycats: The contingent value of business model imitation for new venture performance

Item Type Conference or Workshop Item (Paper)
Abstract This study extends research on business model innovation by examining under what conditions new ventures gain performance benefits from imitating business models that originate from other industries. Using a unique multi-source, time-lagged dataset of 105 ventures operating in the Swiss pharmaceutical, chemical, and industrial electronics industries, we found that business model imitation generally enhances subsequent new venture growth. Yet, the imitation-performance link was negative when company founders have little prior industry experience. Results also indicated that firm age reduces the positive moderating effect of experience, suggesting that founders’ prior industry experience only provides temporary performance advantages for new ventures engaging in business model imitation.
Authors Frankenberger, Karolin & Stam, Wouter
Language English
Subjects business studies
HSG Classification contribution to scientific community
Refereed Yes
Date 6 October 2015
Publisher SMS Strategic Management Society
Place of Publication Chicago, IL
Page Range 1-5
Number of Pages 5
Title of Book Strategy Expanding : Making Sense of Shifting Field and Firm Boundaries
Event Title Strategic Management Societiy (SMS) 35th Annual International Conference
Event Location Denver
Event Dates 03-06.10.2015
Depositing User Prof. Dr. Karolin Frankenberger
Date Deposited 07 Oct 2015 12:27
Last Modified 20 Jul 2022 17:25
URI: https://www.alexandria.unisg.ch/publications/244413

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Frankenberger, Karolin & Stam, Wouter: Entrepreneurial copycats: The contingent value of business model imitation for new venture performance. 2015. - Strategic Management Societiy (SMS) 35th Annual International Conference. - Denver.

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https://www.alexandria.unisg.ch/id/eprint/244413
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