Operational slack and venture survival
2013 (English)In: Production and operations management, ISSN 1059-1478, E-ISSN 1937-5956, Vol. 22, no 1, 1-18 p.Article in journal (Refereed) Published
Slack can act as a double-edged sword. While it can buffer against environmental threats to help ensure business continuity, slack canalso be costly and reduce profitability. In this study, we focus on operational slack, the form related to the firm’s production processes. We investigate the role of operational slack on firm survival during its venture stage, when its survival is significantly challenged by environmental threats. Specifically, we explore how change in three types of environmental uncertainty, namely dynamism, complexity and lack of munificence affect the relationship between operational slack and venture survival. Results suggest that with increase inenvironmental uncertainty, operational slack lowers the likelihood of venture failure.
Place, publisher, year, edition, pages
2013. Vol. 22, no 1, 1-18 p.
Research subject Entrepreneurship and Innovation
IdentifiersURN: urn:nbn:se:ltu:diva-7248DOI: 10.1111/j.1937-5956.2012.01361.xLocal ID: 596c1974-810e-4fce-b755-d06c48098c0aOAI: oai:DiVA.org:ltu-7248DiVA: diva2:980137
ProjectsFastelaboratoriet – VINNEXC, CiiR-Centre for Inter-Organizational Innovation Research
Validerad; 2013; 20111206 (vinpar)2016-09-292016-09-29Bibliographically approved