Abstract

Using the resource-based and dynamic capability perspectives, this project examines three factors that likely affect the performance of emerging firms: high performance work systems (HPWS), partnership philosophy, and an entrepreneurial orientation. Each of these may produce a sustainable competitive advantage by allowing firms to dynamically configure and reconfigure resource bundles. Results indicate that HPWS and partnership philosophy are positively associated with sales growth and innovation. Additional findings suggest that partnership and entrepreneurial orientation both increase the likelihood of implementing HPWS. Finally, results suggest that firms utilizing HPWS in conjunction with an entrepreneurial orientation achieve higher levels of sales growth.

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