STRATEGIC DECISION-MAKING SPEED IN NEW TECHNOLOGY BASED FIRMS

New Technology Based Firms (NTBF) operate in high - velocity environments that make considerable demands about the speed of strategic choices. This study draws upon strategic decision - making and organization theories to propose that strategic decision making speed mediates the relation between per...

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Detalles Bibliográficos
Autores: Héctor Montiel Campos, Francesc Solé Parellada, Francisco Alfonso Aguilar Valenzuela, Alejandro Magos Rubio
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2015
País:México
Institución:Universidad de las Américas Puebla
Repositorio:Redalyc-UDLAP
OAI Identifier:oai:redalyc.org:97340038007
Acceso en línea:https://www.redalyc.org/articulo.oa?id=97340038007
Access Level:acceso abierto
Palabra clave:Administración y Contabilidad
Strategy
Entrepreneurship
Technological Innovation
Descripción
Sumario:New Technology Based Firms (NTBF) operate in high - velocity environments that make considerable demands about the speed of strategic choices. This study draws upon strategic decision - making and organization theories to propose that strategic decision making speed mediates the relation between perso nal, organizational and environmental factors and performance. Hypotheses were theoretically developed and tested with data from an empirical investigation of Mexican NTBF. Measures of personal characteristics, organization structure, business environment, strategic decision speed and performance were collected from 103 Technology Founder Managers at the end of 2012. The results confirmed that strategic decision making speed influences the performance of NTBF and mediates the relation of uncertainty, CEO mo del, dynamism and hostility with firm performance.