Online Event

Alessandro Lucini-Paioni
University of Bath, School of Management – UK

Abstract:

While scholars have investigated reconfiguration as a means for established companies to adapt to changing competitive environments, little is known about the process of resource reconfiguration in newly established firms. To what extent do new firms reconfigure, and how important is to reconfigure early in the lifecycle? In this paper we explore this question using data from the Dutch General Business Register by observing longitudinally a cohort of 19’523 private firms set up in the Netherlands in 2011 over the 8 years after entry. We apply novel event-history analysis techniques to study how reconfiguration activity and its timing affect survival. We find that firms undertaking reconfiguration benefit from a survival premium. However, reconfiguring early after entry lowers the likelihood of survival compared to reconfiguring at a later time.

Alessandro Lucini-Paioni is a 4th year PhD Candidate at University of Bath, School of Management (UK), where he is affiliated with the Centre for Research on Entrepreneurship and Innovation. His research focuses on innovation, firm survival, growth, and reconfiguration. He conducts his research analysing secondary data provided by the Dutch Central Bureau of Statistics. In 2019 he was Visiting Research Scholar at Indiana University (US), O’Neill School of Public and Environmental Affairs. Before joining the University of Bath, he obtained a MSc in Economics at the University of Bergamo.

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