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Human Capital, Reverse Engineering and New Venture Growth: The Moderating Role of Competitive Strategy

Adomako, S., Amankwah-Amoah, J., Frimpong, K. (2022) Human Capital, Reverse Engineering and New Venture Growth: The Moderating Role of Competitive Strategy. Technovation, . ISSN 0166-4972. (doi:10.1016/j.technovation.2022.102520) (Access to this publication is currently restricted. You may be able to access a copy if URLs are provided) (KAR id:93701)

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In this study, we propose human capital as an important enabler of new venture growth (NVG) and investigate how and when it enhances NVG. We examined this by considering a dynamic capability – reverse engineering– as a mediator and competitive strategy as an important contingency variable. Using survey data collected from 229 new manufacturing ventures in an emerging economy (Ghana), the results indicate that reverse engineering mediates the effect of human capital on NVG. The contingency analyses also revealed that the positive impact of reverse engineering on NVG is stronger at high levels of low-cost strategy. However, the relationship between reverse engineering and NVG is weaker when the differentiation strategy is high. The implications of the findings are discussed.

Item Type: Article
DOI/Identification number: 10.1016/j.technovation.2022.102520
Uncontrolled keywords: Africa; competitive strategy; human capital; new manufacturing firms; dynamic capabilities; reverse engineering; Ghana
Subjects: H Social Sciences
Divisions: Divisions > Kent Business School - Division > Department of Marketing, Entrepreneurship and International Business
Depositing User: Joseph Amankwah-Amoah
Date Deposited: 22 Mar 2022 21:16 UTC
Last Modified: 27 May 2022 15:20 UTC
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