Resource Based Capability and Competitive Strategy of High-Tech Ventures in Kerala (original) (raw)

An Assessment of Competitiveness of Technology-Based Startups in India

International Journal of Global Business and Competitiveness, 2021

This paper examines the role played by the entrepreneurial, firm-specific and external environment-related parameters in impacting the competitiveness of Indian high-tech start-ups, considering start-up survival as a milestone and using survival analysis techniques for the analysis. The study uses primary data collected from 175 Indian high-tech start-ups that are headquartered across the country, using a semi-structured questionnaire and in-depth interviews with the top-level management of the sample firms for analysis. Among the firm-related factors, sales and R&D capabilities of the start-ups have shown to be of paramount importance in influencing the competitiveness of high-tech start-ups. Further, among the external environment-specific attributes, the SDP growth in the region is shown to have significant influence on the competitiveness of high-tech start-ups (borderline significant). This paper makes a key contribution to the existing literature by empirically identifying the...

ENTREPRENEURSHIP COMPETENCIES AND COMPETITIVE ADVANTAGE OF SMALL AND MEDIUM ENTERPRISES OF ODISHA – A STATISTICAL ANALYSIS

This research studies the influence of entrepreneurial competencies on the performance of small and medium enterprises by building a causal model using data obtained from entrepreneurs of Odisha. This research paper in general explores about the entrepreneurship system and the necessary steps taken by Entrepreneurs, Government as well as Financial Institutions to make entrepreneurial system success. This research paper focuses upon the core competencies of the entrepreneurs having small and medium manufacturing and exporting enterprises as well as success of these enterprises for the competitive advantage of such enterprises. Further researchers have tried to explore the relationship between the entrepreneurial competencies and their success through competitive advantage. This study is an empirical research, employing a questionnaire as a research instrument, and collecting data from 159 small and medium manufacturing and exporting enterprises of Odisha, accounting for 92.45 percent response rate of those contacted for this purpose. The study reveals that the successful entrepreneurship system is the function of a number of factors working in tandem referred to as key entrepreneurial triggers like individual motivations, socio-cultural factors, access to early-stage finance education and business environment. Prominent motivation triggers are independence, market opportunity, family background, new idea, challenge, and dream desire. Motivation triggers vary according to parameters such as region, gender, age, family background, and work experience. Challenge is the principal Motivation Driver. The study also reveals that the owners of small and medium manufacturing and exporting enterprises of Odisha have fair competence in knowledge competencies but good competence in skill competencies. In addition, the Odisha enterprises being studied have the highest level of competitive INTERNATIONAL JOURNAL OF MANAGEMENT (IJM) ISSN 0976-6502 (Print) ISSN 0976-6510 (Online) Volume 6, Issue 1, January (2015), pp. 740-757 © IAEME: http://www.iaeme.com/IJM.asp Journal Impact Factor (2014): 7.2230 (Calculated by GISI)   IJM © I A E M E International Journal of Management (IJM), ISSN 0976 – 6502(Print), ISSN 0976 - 6510(Online), Volume 6, Issue 1, January (2015), pp. 740-757 © IAEME 741  advantage in relationship advantage, but score substantially low in cost advantage. Besides, there are six elements of entrepreneurship competencies that significantly influence the competitive advantage. These elements are knowledge of strategic management, knowledge of business management, planning skill, executing skill, interpersonal skill, and responsive skill. Government organizations, academic institutions, and small and medium manufacturing and exporting enterprises should adopt the six elements of entrepreneurship competencies in order to further develop the competitive advantage of their small and medium manufacturing and exporting enterprises.

Competitive Strategies and New Venture Performance

Vikalpa: The Journal for Decision Makers

This paper presents the results of a longitudinal survey of 100 owner-managed new and small ventures. The survey was designed to explore the strategic orientations of new ventures and their performance implications. Results of the analytical study based on the application of factor analysis and cluster analysis indicate the existence of multiple strategies adopted by new ventures in order to remain competitive. The multiple regression models and cluster-wise performance analysis further indicate that a venture's competitive strategy significantly influences its performance. On the other hand, a complete lack of strategic orientation in a new venture may lead to negative performance and subsequently may even threaten its very survival.

ENTREPRENEURSHIP COMPETENCIES AND COMPETITIVE ADVANTAGE OF SMALL AND MEDIUM ENTERPRISES OF ODISHA – A STATISTICAL ANALYSIS INTERNATIONAL JOURNAL OF MANAGEMENT (IJM

This research studies the influence of entrepreneurial competencies on the performance of small and medium enterprises by building a causal model using data obtained from entrepreneurs of Odisha. This research paper in general explores about the entrepreneurship system and the necessary steps taken by Entrepreneurs, Government as well as Financial Institutions to make entrepreneurial system success. This research paper focuses upon the core competencies of the entrepreneurs having small and medium manufacturing and exporting enterprises as well as success of these enterprises for the competitive advantage of such enterprises. Further researchers have tried to explore the relationship between the entrepreneurial competencies and their success through competitive advantage. This study is an empirical research, employing a questionnaire as a research instrument, and collecting data from 159 small and medium manufacturing and exporting enterprises of Odisha, accounting for 92.45 percent response rate of those contacted for this purpose. The study reveals that the successful entrepreneurship system is the function of a number of factors working in tandem referred to as key entrepreneurial triggers like individual motivations, socio-cultural factors, access to early-stage finance education and business environment. Prominent motivation triggers are independence, market opportunity, family background, new idea, challenge, and dream desire. Motivation triggers vary according to parameters such as region, gender, age, family background, and work experience. Challenge is the principal Motivation Driver. The study also reveals that the owners of small and medium manufacturing and exporting enterprises of Odisha have fair competence in knowledge competencies but good competence in skill competencies. In addition, the Odisha enterprises being studied have the highest level of competitive IAEME: http://www.iaeme.com/IJM.asp Journal Impact Factor (2014): 7.2230 (Calculated by GISI) IJM © I A E M E

Exploring Resources and Capabilities factors among Entrepreneurial Ventures using DEMATEL Approach

International Journal of Management, Economics and Social Sciences, 2019

Resources and capabilities remain one of the most important factors that influence firms, more especially entrepreneurial ventures, to improve their competitiveness and achieve competitive advantage. In this context, present paper explores how entrepreneurial ventures and small businesses can better identify and distinguish the cause-and-effect relationship amongst resource and capability factors. Resource and capability factors among entrepreneurial ventures were classified into three dimensions and fourteen criteria after a review of the literature. The study applied the Decision-Making Trial and Evaluation Laboratory (DEMATEL) model to identify and describe the cause-and-effect relationship amongst resource and capability factors. The findings reveal that in prioritizing the importance of criteria and cause-and-effect relationship among criteria under the three core dimensions, firm climate, managerial competence, market knowledge and technological capabilities and equipment were the most critical criteria. Furthermore, the result has shown that firm climate is the most significant criterion in the adjustment of resource and capability factors of entrepreneurial ventures. Therefore, promoting a supportive and conducive firm climate among entrepreneurial ventures can enhance other resources and capabilities factors which, in turn, will improve the overall performance of entrepreneurial ventures and small businesses. Developed and developing nations have long recognized that entrepreneurial ventures and small businesses play a pivotal role in accelerating socioeconomic development. However, the strategic tasks facing entrepreneurial ventures of all shapes and sizes have been how they can survive, gain and sustain competitive advantage with their limited set of distinctive resources and capabilities. According to Barney (1991), the strategic source of sustainable competitive advantage can only be derived from the resources and capabilities that an organisation or an entrepreneurial venture control. More importantly, sustainable competition, through resources and capabilities, largely begin with

A STUDY ON THE EFFICACY & PERFORMANCE OF INNOVATION AND ENTREPRENEURSHIP DEVELOPMENT CENTRE'S IN KERALA

Innovation and Entrepreneurship Development Centre (IEDC) was established in all educational Institutions in the state of Kerala with an objective to foster Innovation among the students. These centers will be run by the students under the carapace of faculty members in the respective colleges/institutions. The IEDCs in all the institutions will help the students to come up with innovative ideas which can be later taken forward by the respective students towards entrepreneurship. These IEDCs also help the students to come up with start-up in their domain inside as well as outside of the institution. In this study an attempt was made to understand the efficiency and effectiveness along with the performance of IEDCs in the state of Kerala. The study was based on the five parameters set up by the National Startup Framework like Evangelization go Entrepreneurship, Promotion of Innovation, Supporting Incubation and Business Development, Aligning with Institutional Mechanism and finally on Strengthening the Start-up Ecosystem. Based on the above parameters the efficiency and performance of IEDCs of the Institutions will be evaluated and had given them the insights to improve the overall functioning and performance of the IEDCs.