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Niche and performance: the moderating role of network embeddedness
What is the relationship between niche and performance? We identify two types of niche positions--product niche and process niche--defined by the extent to which a firm offers distinctive products and has distinctive operational processes, respectively. We argue that the effect of each niche on firm performance is contingent upon network embeddedness--the extent to which a firm is involved in a network of interconnected inter-firm relationships. Using data covering the period 1995-98 pertaining to venture capital firms and their holdings in initial public offerings (IPOs), we show that both product niche and process niche interact with network embeddedness to determine firm performance. Our findings suggest that the extent to which a firm offers distinctive products or processes will be more positively associated with firm performance when network embeddedness is high..Printed Journal
Call Number | Location | Available |
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PSB lt.dasar - Pascasarjana | 1 |
Penerbit | John Wiley & Sons., |
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Edisi | - |
Subjek | Financial performance Initial public offerings Correlation analysis Venture capital companies studies Niche marketing |
ISBN/ISSN | 1432095 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |