Purpose: This paper aims to investigate how a small business is able to continually use entrepreneurial financial sources (i.e. crowdfunding) within and after a successful transformation from an entrepreneur. It additionally investigates how a market incumbent is able to successfully join the...

When are we locked in a path? This is one of the main questions concerning path dependency. Coming from Arthur\'s model of increasing returns and technology adoption (Arthur 1989), this paper addresses the question of when and how a lock-in occurs. To gain a better understanding of the path...