Strategic focus, strategic blur, and environmental turbulence in nascent entrepreneurial ventures
by Gregory N. Stock; Christopher McDermott; Margaret McDermott
International Journal of Technology Management (IJTM), Vol. 89, No. 3/4, 2022

Abstract: This study examines how strategic focus, strategic blur, and environmental turbulence affect performance in nascent entrepreneurial ventures. We build on the idea of Porter's (1980) generic strategies to develop the constructs of strategic focus and strategic blur. Strategic focus is conceptualised as an emphasis on a single strategic performance dimension. In contrast, strategic blur, a construct originated in this study, is the opposite of strategic focus. We define strategic blur as the simultaneous emphasis on all strategic dimensions. In addition, we consider how environmental turbulence moderates the effects of focus and blur on venture performance, which is measured by the attainment of initial profitability. We employ data from the Panel Study of Entrepreneurial Dynamics II (PSED II), and we find that focus does not have a significant effect, either directly or in combination with turbulence. However, the interaction between strategic blur and environmental turbulence is statistically significant. We conclude with implications for research and practice.

Online publication date: Fri, 01-Jul-2022

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Management (IJTM):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com