Matching resources to opportunities for emerging technology ventures

Abstract

Purpose

The purpose of this paper is to present a framework for helping inventors and start‐ups identify and acquire the technical, market, financial, and human resources they need if they are to create and grow new ventures that can realise market opportunities.

Design/methodology/approach

The method for this paper is a case study of a non‐profit company and four of its business clients.

Findings

The paper finds that a resource assessment framework has proven effective for assisting early stage ventures when it is combined with helping them to identify business opportunities and to improve their resource position in order to exploit these opportunities.

Originality/value

This research contributes to theory and practice by highlighting the value of creative coupling of resources and opportunities for entrepreneurs and by demonstrating a novel and effective framework customized for the needs of new emerging technology ventures.

Citation

Theyel, G., Theyel, N. and Garnsey, E. (2013), "Matching resources to opportunities for emerging technology ventures", Management Research Review, Vol. 36 No. 10, pp. 1011-1023. https://doi.org/10.1108/MRR-12-2011-0272