Showing 1 - 6 of 6
We model the emergence of organization forms in a game between prospective entrepreneurs. Complementary roles arise endogenously in a way that admits a stable assignment of workers to firms. This contrasts with existing work on job matching, where stability typically requires workers to be...
Persistent link: https://www.econbiz.de/10005016278
both linked to an actor, on product development and profit growth of software ventures in two different institutional …. Specifically, structural holes have a positive main effect on product portfolio but a negative main effect on profit growth in the …
Persistent link: https://www.econbiz.de/10010552176
We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...
Persistent link: https://www.econbiz.de/10008513213
Drawing on Social network theory, this article argues for enhancing effects of social capital of entrepreneurs on investment selection decisions of venture capitalists (to invest versus not to invest), and main effects of social capital on investment process decisions such as venture valuation,...
Persistent link: https://www.econbiz.de/10005489896
What is the interrelationship among formal institutions, social networks, and new venture growth? Drawing on the theory … revenue growth of new ventures is negative, a network’s structural holes have a positive effect on the revenue growth …. Furthermore, the positive effect of structural holes on the revenue growth is stronger in an environment with a more adverse …
Persistent link: https://www.econbiz.de/10011161390
This article examines the contingent value of entrepreneurs' networks to survival likelihood of Internet ventures, and the dynamics of entrepreneurs' networks over time. The empirical data are composed of the longitudinal surveys of 94 Internet ventures in Beijing, China. The study found the...
Persistent link: https://www.econbiz.de/10005784620