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Operational slack a...
Abstract
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- Slack can act as a double-edged sword. While it can buffer against environmental threats to help ensure business continuity, slack canalso be costly and reduce profitability. In this study, we focus on operational slack, the form related to the firm’s production processes. We investigate the role of operational slack on firm survival during its venture stage, when its survival is significantly challenged by environmental threats. Specifically, we explore how change in three types of environmental uncertainty, namely dynamism, complexity and lack of munificence affect the relationship between operational slack and venture survival. Results suggest that with increase inenvironmental uncertainty, operational slack lowers the likelihood of venture failure.
Subject headings
- TEKNIK OCH TEKNOLOGIER -- Annan teknik -- Övrig annan teknik (hsv//swe)
- ENGINEERING AND TECHNOLOGY -- Other Engineering and Technologies -- Other Engineering and Technologies not elsewhere specified (hsv//eng)
Keyword
- Entreprenörskap och innovation
- Entrepreneurship and Innovation
- Centre - The Faste Laboratory
- Centrumbildning - Fastelaboratoriet
Publication and Content Type
- ref (subject category)
- art (subject category)
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