Exploring IT entrepreneurs' dynamic capabilities using Q‐technique

Abstract

PurposeThe purpose of this study is to explore the dynamic capabilities required of information technology (IT) entrepreneurs for facing globalized challenges.Design/methodology/approachUsing a methodological approach that combines Q‐technique and questionnaire survey, the author collected 98 statements obtained from interviewing ten IT entrepreneurs. A total of 44 out of 98 critical statements were extracted as Q‐samples based on purposive sampling. Subsequently, 20 experts used Q‐technique in terms of the sample the 44 statements to generate a revised questionnaire to investigate 500 Taiwan IT‐based companies.FindingsAccording to the responses of the 281 valid copies of questionnaire received, market‐oriented sensitivity, the ability to absorb knowledge, social‐networking capability, and the integrative ability to communicate and negotiate are the dynamic capabilities required of IT entrepreneurs.Research limitations/implicationsAs for the restrictions, the expansive nature of the IT industry prevented the author from addressing any specific sector of the industry, and no minimum capitalisation of IT companies was set for the sample‐collecting process.Practical implicationsThe results can be used by IT entrepreneurs of SMEs in the self‐assessment of capabilities and the development of dynamic capabilities during their start‐up and growth phases. They can also be applied to nurturing successors and cultivating new entrepreneurs.Originality/valueThis study clarifies the intrinsic dynamic capabilities of IT entrepreneurs, and identifies the required components of such capabilities and their priorities. The results can be used in managerial decision‐making and personnel training, both of which help entrepreneurs in building competitive advantages.