Resources and dynamic capabilities in startups

Abstract

Purpose

Operating in a market of scarcity and uncertainty, the startups have stood out by contributing to changing the economy and society, a new type of management. This study analyses how startup companies may develop dynamic capabilities from the resources present in their ecosystems.

Design/methodology/approach

Through a qualitative content analysis, we show different startup management and environmental features when compared with established companies.

Findings

Unlike mature and established companies, startups develop innovative businesses, raise funds and develop competences quickly, anchoring themselves in differentiation and innovation. Results show different startup management and environmental features when compared with established companies.

Research limitations/implications

The study contributes to the literature by identifying management elements in dynamic environments, thus expanding the application of the theory of dynamic and managerial capabilities.

Practical implications

The study contributes to generating an instrument that assists entrepreneurs in the operationalization of their strategies through the use and development of their managerial capabilities and the orchestration of resources with the help of ecosystem actors.

Originality/value

We propose a framework with the main elements identified in the cases analyzed. Those elements may assist managers in orchestrating their resources in order to support ecosystem actors.

Citation

Hiroshi Usirono, C., Laureano Paiva, E. and Beal Partyka, R. (2024), "Resources and dynamic capabilities in startups", Benchmarking: An International Journal, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/BIJ-12-2023-0857