New Venture Competitive Strategies and Performance: An Empirical Study

  • Francisco García Lillo Universidad de Alicante, Departamento de Organización de Empresas
  • Bartolomé Marco Lajara Universidad de Alicante, Departamento de Organización de Empresas

Abstract

This paper presents the results of a survey of 74 owner-managed small companies in Alicante (Spain), ex-ploring the existence and performance implications of new venture competitive strategies. A factor analytic pro-cedure and cluster analysis confirmed the existence of multiple strategies which new venture firms follow. Four strategic clusters of firms were uncovered: 1/ Differentiation, 2/ Innovation, 3/ Product Offering, and 4/ Aggressive Growth with Narrow Special Products. A Scheffé posteriori contrast test revealed different “performance patterns” between these clusters.

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Published
2002-06-01
How to Cite
García Lillo F., & Lajara B. M. (2002). New Venture Competitive Strategies and Performance: An Empirical Study. M@n@gement, 5(2), 127-145. Retrieved from https://management-aims.com/index.php/mgmt/article/view/4174
Section
Original Research Articles