Fit Evolution between Strategy Models and Resource Acquisition of Business Incubator

Abstract

Abstract:

This paper conducts a longitudinal exploratory single case study to explore the fit mechanism between strategy model and resource acquisition and the evolution path of them in the growing process of business incubator. The case selected is Dalian venture workshop technology service Co. Ltd, which is a leader among all business incubators in Dalian. This study finds that, (1) uncertainty and time pressure are the main external determinants of strategy model, and resource availability perceived by deciders is the main internal determinant of strategy model. Strategy model begins from plan strategy model, to improvisation strategy model, and ends with plan strategy model in the growing process of business incubator:founding stage, surviving stage and growing stage. (2) resource acquisition begins with direct resource bricolage, then focusing on convergence of direct and indirect resource bricolage, and finally moving to resource seeking. (3) there is a fit relationship between strategy model and resource acquisition. Specifically, improvisation strategy model shows fit with direct and indirect resource bricolage. And plan strategy model shows fit with resource seeking and direct resource bricolage. Resource endowment and organizational legitimacy are the main determinants of these fits.

Key words: strategy model, resource acquisition, business incubator, case study

Lyu Yibo, Han Shaojie, Su Jingqin. Fit Evolution between Strategy Models and Resource Acquisition of Business Incubator[J]. , 2018, 30(1): 256-272.

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