We use an inductive approach to understand what types of founders’ human capital, at individual and team levels, are necessary to recognize and exploit entrepreneurial opportunities. A sample of 195 founders who teamed up in the nascent phases of Cleantech and Interned-based sectors is...

Despite the evidence on the positive effect of venture capital (VC) on portfolio firm performance, such evidence badly pulls up alongside the non-negligible number of entrepreneurial firms that chooses to refuse VC. This is the first study that investigates the determinants behind the missed...

We investigate if and to what extent the receipt of a “selective” public subsidy - a public subsidy awarded through a competitive procedure - acts as a quality signal and helps new technology-based firms (NTBFs) to access R&D alliances. In particular, we theoretically enquire and empirically...