Showing 1 - 10 of 11
The creation and scaling of startups are inherently linked to risk-taking, with various types of owners handling these risks differently. This paper investigates the influence of an active venture capital (VC) market on startups' decisions regarding research and scaling. It outlines conditions...
Persistent link: https://www.econbiz.de/10014542238
. Using a dataset with over 24 million observations and more than 230,000 entries into entrepreneurship, we show that newly …
Persistent link: https://www.econbiz.de/10010504485
enter entrepreneurship, to become self-employed, and to switch to another employer. The effects of layers are much stronger … for business creation than for jobswitching and they are stronger for entrepreneurship than for self-employment. However …
Persistent link: https://www.econbiz.de/10010320211
entrepreneurship among movers. The first dataset consists of 1,248, U.S. lawyers who were forced to seek alternative employment after …
Persistent link: https://www.econbiz.de/10010320353
We cast entrepreneurship as one of three career choices – remaining with one's employer, changing employers, or … engaging in entrepreneurship – and theorize how the likelihood of entrepreneurship evolves over one's career. We empirically … demonstrate an inverted U-shaped relationship between accumulated experience and entrepreneurship across various industries and …
Persistent link: https://www.econbiz.de/10012905265
Using a dataset with over 24 million observations and more than 230,000 entries into entrepreneurship we analyze the …
Persistent link: https://www.econbiz.de/10013005118
likely to enter entrepreneurship, to become self-employed, and to switch to another employer. The effects of layers are much … stronger for business creation than for job-switching and they are stronger for entrepreneurship than for self-employment. We … showing that the probability of entrepreneurship increases with their prior rank in an organization is consistent with ability …
Persistent link: https://www.econbiz.de/10014039429
Startups face a trade-off between short-term profitability versus long-term growth where investors tolerate prolonged financial losses. We present a new theory and empirical evidence about the existence and shape of so-called J-curves. The theory predicts that investors facing better exit...
Persistent link: https://www.econbiz.de/10015054178
Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by the incumbents' desire to prevent rivals from acquiring...
Persistent link: https://www.econbiz.de/10010320239
The creation and scaling of startups are associated with risk-taking and different types of owners treat these risks differently. We show how an active venture capital (VC) market affects risk-taking in research and scaling decisions of startups. VC-backed startups will choose more high-risk,...
Persistent link: https://www.econbiz.de/10014236010