Digital Technologies as External Enablers of New Venture Creation in the IT Hardware Sector

By Frederik von Briel, Per Davidsson, J. Recker. 2018

510 citations recorded by the source corpus.

We develop theory about how and when digital technologies enable new venture creation processes. We identify two fundamental properties of digital technologies—specificity and relationality—and develop propositions that link these properties to six enabling mechanisms: compression, conservation, expansion, substitution, combination, and generation. We use the linked properties and mechanisms to determine how and when in the venture creation process—from prospecting to developing to exploiting—digital technologies have enabled start-ups in the IT hardware sector and develop stage-dependent propositions about their sector-level effects. We conclude our theorizing by discussing its implications beyond digital technologies and the IT hardware sector.

Subfields: Accounting, Management of Technology and Innovation, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/e6057473953991f2e48bf95114712a3ddacee6a0

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In Accounting

In Management of Technology and Innovation

In Strategy and Management

Citations in the corpus

The digitalization and public crisis responses of small and medium enterprises: Implications from a COVID-19 survey (2020, background): “Compared with traditional firms, digitalized firms are better prepared to sense the environment (George et al. 2014; Nylen and Holmstrom 2015; Vial 2019), to seize opportunities (Briel et al. 2018), and to reconfigure resources (Vial 2019).”
The influence of a digital strategy on the digitalization of new ventures: The mediating effect of digital capabilities and a digital culture (2021, background): “As such, digital IT capabilities might be also supportive in enabling more rapid digital innovation that comes alive in digital products/services (DeLone et al., 2018; Von Briel et al., 2018).”
Artificial Intelligence and Entrepreneurship: Implications for Venture Creation in the Fourth Industrial Revolution (2020, background): “We now turn to our organizing framework that examines AI as a digital external enabler of new venture ideas (von Briel et al., 2018 ).”