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Entrepreneurs exit their business due to selection mechanisms experienced in the market place. Next to this well known ex-post decision to exit, entrepreneurs select ex-ante whether they are willing to pursue an entrepreneurial career at all, or to give up these entrepreneurial intentions. This...
Persistent link: https://www.econbiz.de/10011374393
Innovative start-ups are an important driver of economic growth. This article presents empirical evidence on the … effects of R&D on new product development, inter-firm alliances and employment growth during the early life course of firms …. We use a dataset that contains a sample of new firms that is representative for the whole population of start-ups. This …
Persistent link: https://www.econbiz.de/10003803128
We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is relevant for explaining the secular decline in business dynamics. To the existing explanations for this decline, we put forward the thesis that entrepreneurship has become less...
Persistent link: https://www.econbiz.de/10014335837
We investigate the differences in venture capital (VC) governance of investee firms with Open Business Models (OBMs), specifically Open Source Software (OSS), versus closed business models. Due to OSS's pronounced complexity and uncertainty, we conjecture that VC-backed OSS firms are more...
Persistent link: https://www.econbiz.de/10013005571
Innovative start-ups are an important driver of economic growth. This article presents empirical evidence on the … effects of R&D on new product development, inter-firm alliances and employment growth during the early life course of firms …. We use a dataset that contains a sample of new firms that is representative for the whole population of start-ups. This …
Persistent link: https://www.econbiz.de/10013034941
Entrepreneurs exit their business due to selection mechanisms experienced in the market place. Next to this well known ex-post decision to exit, entrepreneurs select ex-ante whether they are willing to pursue an entrepreneurial career at all, or to give up these entrepreneurial intentions. This...
Persistent link: https://www.econbiz.de/10014047668
We use the lens of the resource-based view and horizontal agency cost theory to analyse the effect of the presence of different types of individual owners, i.e. owner-managers and non-manager individual shareholders, on the performance of high-tech entrepreneurial firms. Ownership enlargement...
Persistent link: https://www.econbiz.de/10013069123
We address the key question of the efficacy of R&D policy measures in support of hightech start-ups. Distinguishing …
Persistent link: https://www.econbiz.de/10013069255
Persistent link: https://www.econbiz.de/10014339723
Persistent link: https://www.econbiz.de/10003756165