Dynamic Capabilities of Start-Ups

Combining the literature on dynamic capabilities, entrepreneurship, and start-ups, we can come across many new, interesting findings, which are not yet sufficiently explored. The aim of the study is to summarize the dynamic capabilities of start-ups in a literature review. We found that start-ups ha...

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Main Author: Tamás Farkas
Format: Article
Language:English
Published: Corvinus University of Budapest 2022-09-01
Series:Köz-gazdaság
Subjects:
Online Access:http://retp.eu/index.php/retp/article/view/1461
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author Tamás Farkas
author_facet Tamás Farkas
author_sort Tamás Farkas
collection DOAJ
description Combining the literature on dynamic capabilities, entrepreneurship, and start-ups, we can come across many new, interesting findings, which are not yet sufficiently explored. The aim of the study is to summarize the dynamic capabilities of start-ups in a literature review. We found that start-ups have fewer, more focused, cheaper dynamic capabilities, which capabilities are based much more on the entrepreneurs' skills. The development of dynamic capabilities takes place with the help of entrepreneurs, and as a result, these are more flexible than the dynamic capabilities of large companies. The implication for future research is that, when examining the dynamic capabilities of start-ups, the entrepreneurs – and their capabilities - should also be examined separately.
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spelling doaj.art-b2f7e823551b410b93b92f3f2361d71a2024-08-02T08:38:39ZengCorvinus University of BudapestKöz-gazdaság1788-06962022-09-01173839410.14267/RETP2022.03.061461Dynamic Capabilities of Start-UpsTamás Farkas0PhD student, University of Szeged, Faculty of EconomicsCombining the literature on dynamic capabilities, entrepreneurship, and start-ups, we can come across many new, interesting findings, which are not yet sufficiently explored. The aim of the study is to summarize the dynamic capabilities of start-ups in a literature review. We found that start-ups have fewer, more focused, cheaper dynamic capabilities, which capabilities are based much more on the entrepreneurs' skills. The development of dynamic capabilities takes place with the help of entrepreneurs, and as a result, these are more flexible than the dynamic capabilities of large companies. The implication for future research is that, when examining the dynamic capabilities of start-ups, the entrepreneurs – and their capabilities - should also be examined separately.http://retp.eu/index.php/retp/article/view/1461start-upsdynamic capabilitiesentrepreneurshipjel codes: l26, m13
spellingShingle Tamás Farkas
Dynamic Capabilities of Start-Ups
Köz-gazdaság
start-ups
dynamic capabilities
entrepreneurship
jel codes: l26, m13
title Dynamic Capabilities of Start-Ups
title_full Dynamic Capabilities of Start-Ups
title_fullStr Dynamic Capabilities of Start-Ups
title_full_unstemmed Dynamic Capabilities of Start-Ups
title_short Dynamic Capabilities of Start-Ups
title_sort dynamic capabilities of start ups
topic start-ups
dynamic capabilities
entrepreneurship
jel codes: l26, m13
url http://retp.eu/index.php/retp/article/view/1461
work_keys_str_mv AT tamasfarkas dynamiccapabilitiesofstartups