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Searching wide or deep?: absorptive capacity, slack resources and the role of external search in small firm growth
Baylor University.
Ball State University.
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Innovation and Design.ORCID iD: 0000-0003-3255-414X
2011 (English)In: Frontiers of Entrepreneurship Research, ISSN 0740-7416, Vol. 31, no 15Article in journal (Refereed) Published
Abstract [en]

Firms often conduct external search for new opportunities, but not all search leads to growth. Integrating traditional explanations of search from behavioral theory with biological foraging models, we explain how absorptive capacity together with financial slack influence breadth or depth of search. Our findings from 291 small Swedish technology firms indicate that higher absorptive capacity increases search. Absorptive capacity had a stronger effect on breadth of search than for depth of search. We find that only depth of search leads to higher growth for small firms. Further, financial slack strengthened the absorptive capacity and search depth relationship of search relationship, but weakened the relationship between absorptive capacity and breadth of search. The findings are consistent with foraging models that account for resource availability.

Place, publisher, year, edition, pages
2011. Vol. 31, no 15
National Category
Other Engineering and Technologies not elsewhere specified
Research subject
Entrepreneurship and Innovation
Identifiers
URN: urn:nbn:se:ltu:diva-32781Local ID: 76153f8f-288d-429f-899f-7754489f2896OAI: oai:DiVA.org:ltu-32781DiVA, id: diva2:1006015
Conference
Babson College Entrepreneurship Research Conference : 08/06/2011 - 11/06/2011
Projects
CiiR-Centre for Inter-Organizational Innovation Research
Note
Godkänd; 2011; 20121207 (ysko); Konferensartikel i tidskriftAvailable from: 2016-09-30 Created: 2016-09-30 Last updated: 2017-11-30Bibliographically approved

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http://digitalknowledge.babson.edu/fer/vol31/iss15/1/

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Parida, Vinit

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CiteExportLink to record
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  • de-DE
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Output format
  • html
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  • asciidoc
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